I always buy 'used' but look for the best deals available...bought a 3 year old sports car that sold for 28k new, 3 years later bought it for just over 13k...and it only had 7k miles on it. Then bought a beater car for winter...top of the line luxury car that sold for 30k new....9 years later picked it up for under 4k and it only had 17k miles on it (little old ladies car...if you can call a crown vic type car that).
New car buying secret.
- Thread starter J. Peterman
- Start date
breadman-
My uncle got a good deal on a Honda CRV that had like 1,000 miles on it which is considered used. What happened was that the guy who bought it was divorced by his wife right after signing his lease and realized he would not be able to make the lease payments. Not really sure what the whole story was but he had a change in financial circumstances and then had to eat some cash and turn the vehicle in. My uncle bought it at a steeply discounted price. Dealers should be advertising these kinds of specials.
Based on case law I read over 350 miles is considered used.
My uncle got a good deal on a Honda CRV that had like 1,000 miles on it which is considered used. What happened was that the guy who bought it was divorced by his wife right after signing his lease and realized he would not be able to make the lease payments. Not really sure what the whole story was but he had a change in financial circumstances and then had to eat some cash and turn the vehicle in. My uncle bought it at a steeply discounted price. Dealers should be advertising these kinds of specials.
Based on case law I read over 350 miles is considered used.
If you are leasing check out Mercedes. I was looking at the E Class vs the Audi A6 and the Volvo S80 T6. The Mercedes was by far rge cheapest on the lease because of the high guaranteed residual valur of 59%. This compares to teh Audi 46% and the Volvo 45%.
What it means is lower lease payments because you are only paying 41% of the value over three years vs 55% with the others.
What it means is lower lease payments because you are only paying 41% of the value over three years vs 55% with the others.
To each his own... those like EB who change cars often and put on lots of miles seem to like leasing... the reason I don't like leasing is what they try to charge you at the end... especially if you aren't dealing with them again... what crap to charge $200 for an oil change missed (even if it were missed)...
Newer used cars are probably the best bargain.
I'm lazy I just buy new, pay cash, put few miles on and keep it for 9 or 10 years... one reason for keeping a long time is that I hate dicking around with the f*&^ing sales people... also hate that once the deal is all done they start talking undercoating, leather protection, paint protection... 9 years ago paid $50 grand for my car and then the bastards what to nickle and dime you... even for a block heater... at least the tires were included (although one dealer tried to sell me insurance on tires when I bought a car - same guy that tried to convince me it would be cheaper to finance then pay cash).
Newer used cars are probably the best bargain.
I'm lazy I just buy new, pay cash, put few miles on and keep it for 9 or 10 years... one reason for keeping a long time is that I hate dicking around with the f*&^ing sales people... also hate that once the deal is all done they start talking undercoating, leather protection, paint protection... 9 years ago paid $50 grand for my car and then the bastards what to nickle and dime you... even for a block heater... at least the tires were included (although one dealer tried to sell me insurance on tires when I bought a car - same guy that tried to convince me it would be cheaper to finance then pay cash).
Dee- I had been warned about this crap and it is interesting how it came home to roost on me. The thing is I did not miss the servicing and it is complete BS and I am not going to pay that $200 charge, period. They also charged me $1408 for 3 little nicks in my windshield which they claim necessitated replacement. I did not fight that one because my insurance company paid me 100% reimbursement for the windshield replacement (I have full glass coverage), but that too was BS. Anyone who drives on I-95 in Connecticut knows that pebbles flying up from trucks and hitting the windshield is a hard and tough fact of life. You don't put 60,000 miles on a car doing such driving and not have them.
Regarding that $200 bullshit charge, I assure you I am not paying it and I await their small claims suit against me with tremendous glee and anticipation, for I have a counterclaim waiting for them that will make them rue the day they came up with that fucking bullshit.
Bunch of bandits... I do think they got the wrong guy here!!! Let us know how it goes....
http://www.carbuyingtips.com/
I have not seen where the recession has brought down the price of new cars so used is still the best deal by far
Anyone agree ?
Any opinions about buying used cars across either the American or Ontario border ?
I have not seen where the recession has brought down the price of new cars so used is still the best deal by far
Anyone agree ?
Any opinions about buying used cars across either the American or Ontario border ?
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Buying 3 or 4 years used with low km's gets you 3/4 off or even in some brands 1/2 off the
original price and the car is still looks and feels brand new. Thats what I do.
The only thing missing is the brand new smell and if you really want that you can get
brand new car smell air freshner.
original price and the car is still looks and feels brand new. Thats what I do.
The only thing missing is the brand new smell and if you really want that you can get
brand new car smell air freshner.
There is a bottom line that makes the dealer his profit
They all try to sell thousands above that line if they can find a fish
Get a deal ? Never. The best you can do is get to the bottom line which is the price they should have offered in the first place if they were honest but that is not how the game is played
That's the way it works. You can't really say dealers are dishonest for trying to get the best price. I'll bet if they offered the bottom price up front people would still bitch it is too high and try to start negotiating from there - because they don't believe it is the real bottom price.
One former car salesman made me laugh with this riddle: "how do you know when a customer is b-s'ing you? .... His lips are moving.
Here are some of the BS I have had to endure from car sales people.
- Sales girl turns in my direction and crosses her shapely legs and starts to fill out a contract for the full retail price and expects me to sign it. When I politely told her that I will consder her offer and come back at a later time she was very angry.
- Two salemen and the sales manager was talking at me from all sides and would not give me back my old car registration till I bought the new car. After asking for my registration 4 times I just reached over the desk and took it back and walked out.
- A salesman demanded my credit card to give me a price on the new car. When I said I want a price not to buy the car now! He just kept asking for the credit card. After he made 4 stenuous request for the credit card I gave him blue blazes in frnt of about 10 car buyers. He just stood up and shook my hand and left.
- On a car I bought 4 years ago, the dealership charged me $100 service charge to get my licence late for me. I can only guess that they slipped a fast one in on me because the I bargained the price down low. On the car I recently purchased the sercice charge for picking up my plates was just $20.
What kind of clap did the dealers pull on you?
- Sales girl turns in my direction and crosses her shapely legs and starts to fill out a contract for the full retail price and expects me to sign it. When I politely told her that I will consder her offer and come back at a later time she was very angry.
- Two salemen and the sales manager was talking at me from all sides and would not give me back my old car registration till I bought the new car. After asking for my registration 4 times I just reached over the desk and took it back and walked out.
- A salesman demanded my credit card to give me a price on the new car. When I said I want a price not to buy the car now! He just kept asking for the credit card. After he made 4 stenuous request for the credit card I gave him blue blazes in frnt of about 10 car buyers. He just stood up and shook my hand and left.
- On a car I bought 4 years ago, the dealership charged me $100 service charge to get my licence late for me. I can only guess that they slipped a fast one in on me because the I bargained the price down low. On the car I recently purchased the sercice charge for picking up my plates was just $20.
What kind of clap did the dealers pull on you?
I love the idea of going for a used car, esp. a reliable brand, with certified low kms, dealer maintained and fully loaded. I've gone the lease route and as much as I've enjoyed driving a new car for 3 years at a time, I'd prefer to drive a scratched car that I can fearlessly park anywhere and on which I don't have to make any more monthly payments for several years. I can think of a couple of other things I'll get into with the savings.
Reading an actual newspaper (sorry I don't have a link) I read a reputable expert predict that used car supply is going to get very tight next year due to some obvious factors re the credit crunch and rental companies extending the timeframe before putting their cars out for sale, so if that is the route you are taking keep it in mind.
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