Yes I ended up buying a 2016.5 CX5 demo/loaner. New price was $26k, I got it for 20k+TTT w/5600 miles. I, like you, searched through quite a few from dealerships in a 100 mile radius and this is my advice to you: Inspect the other loaners. For example, in Orlando, Classic Mazda "pride" themselves on offering loaners for …Feb 25, 2023 ... Generally speaking it is less expensive over time to buy a used car and maintain it than to buy a new car, even with a warranty. But one lousy ...Mar 16, 2022 ... Or rather, most of the cash. Put $25k in an investment account, put $10k down on the car. If you invest that $25k right you should be earning at ...My wife and I recently purchased our first vehicle in over 10 years and we got lemoned. Used car, didn't have time to take it to a mechanic prior to purchase (I ...Insurance - typically 15k/yr for a subcompact but depends on what car you buy, it’ll be closer to 20k/yr if you get a Mazda 3. So more or less you spend an extra 15k per month on top of the amortization. At 30% DP (210k), you pay 10k/month for a Brio RS for 5 yrs or 15k/month for 3 yrs. Total cost: 30k/month for 3 yrs.If they can get an extra $1000 per vehicle selling it to you they will make an additional $100M for every 100K cars they sell direct. That’s just a 5% increase in conversation. There are a lot of comments from people saying they would never buy a rental car because they are beat up. That, in and of itself, is untrue.ADMIN MOD. Army E3, Need advice buying a new car upfront. So I'm in my first duty station and I've been thinking about buying a new car. I plan to pay it upfront from a Honda dealer. New 2020 Honda Fit LX MSRP $16,999 Tax: 4.712% I was told I could get $500 discount by being in the military Credit score: 790s. Roscoe340. • 2 yr. ago. IMO, buying is better if you plan on keeping the car long term. You’ll pay it off and actually have some equity (and savings) when it comes time to buy another car. If you have to have to new, shiny car every few years, then leasing is better as you aren’t taking such a big depreciation hit. 35. First they learned to check the market before pricing out a car and to keep adjusting pricing of unsold cars to match the market rate. Next evolution was introduction of software services that do that for dealers. They use it when they take cars in trade or buy them at auctions, when they price cars, when they adjust prices to move aged inventory. You can get insurance the day of, literally will take 10-15 minutes. The insurance company will need info about the car include vin, details about the car, your license info, your driving plans including planned mileage and what kind of coverage you want. They can even email you the insurance card. Please get this before you …However there is an argument to be made that with how dependent modern American society is on car travel, that the cost of being unable to repair a broken down car is so great that the added expense of the warranty can be beneficial. Reply reply. salesmunn. •. No, not always a bad idea. Yes, they are where I would send my less knowledgeable friends and family to buy a car in a heartbeat, no BS like you get at dealerships. My fiance and I bought two cars recently from Carmax. Dealerships were selling the same cars for stupid amounts. We got pretty fair deals from Carmax. r/askcarsales. • 5 yr. ago. I_Love_McRibs. I've noticed used cars in Florida are generally priced lower than where I live (IN). Is it just a regional thing? What other areas of the …The biggest cons I can think of are 1.) I don't need a car because I already have a company car, 2.) depreciation is real fam, 3.) the winters here (Minnesota) would terrorize my vehicle (salt, snow, etc), and 4.) I plan on moving back to California and moving a car seems like a pain.Reddit, often referred to as the “front page of the internet,” is a powerful platform that can provide marketers with a wealth of opportunities to connect with their target audienc...InvestorPlace - Stock Market News, Stock Advice & Trading Tips If you think Reddit is only a social media network, you’ve missed one of... InvestorPlace - Stock Market N...Buying a car right before buying a house. Housing. My wife and I find ourselves in a unique personal finance situation, so like any good millennial, I’m turning to Reddit. We are both recent MBA grads who generally have our personal finance house in order and are preparing to buy our first home. However, I sold my car at the …Car salesman, Mostly true, depending on the brand. All brands run monthly targets but not all brands need targets to be hit every month. Generally speaking delivery time is 3-4 days. Please don't wait till the 31st of the month - especially in Feb. True, transporting cars costs the dealership money.Look for cars that are reliable and more importantly, safe. You can certainly find a car for $4-5k but just understand that at that price it is going to have issues. There are differences between superficial problems and mechanical issues. Body paint faded - probably not a big deal.First, it's asinine to buy a car without test driving, but if that's really what you want, find the car online, call, make and put a deposit on it, fill the credit app online. Schedule your time to finish the paperwork (not on the weekend, busy) and then go in and finalize the deal. Should take an hour in the store.Shop S-Mart. Edit: The bestest cheapest way to own any car is to treat the machinery gently. Drive it like you want it to last, and stay on top of fluids, especially engine oil. Any machine, especially a vehicle, will last much longer with far fewer repairs if you drive gently. Good luck.So I'm not sure if it would make sense to buy a car when I'm looking to stay for only 2 more years. Looked at lease, but most lease options are 36mos.+. Not sure what I should do. …If they can get an extra $1000 per vehicle selling it to you they will make an additional $100M for every 100K cars they sell direct. That’s just a 5% increase in conversation. There are a lot of comments from people saying they would never buy a rental car because they are beat up. That, in and of itself, is untrue.Might have to shop around a little. In the past getting out the door at msrp would have been good in an average fee state. You're probably looking at 10% higher for new on average. Decent beaters are up like 50+% in comparison. You might lose as much buying a temporary $3-4k car today as you would on buying a new $20k in this …Sep 25, 2017 ... i tell them which car I'm considering to buy. we go on a test drive. we sit down and negotiate strictly on the purchase price of the car. we ...Buying directly from Enterprise or Hertz cuts out the middle man, your local used car lot/dealership/CarMax. A good 70% (my guess) of carmax is just marked up enterprise cars. That certified preowned at the big dealership came from a wholesale auction wrecked by a Hertz renter...or a new motor cause the previous owner put …Mar 16, 2022 ... Or rather, most of the cash. Put $25k in an investment account, put $10k down on the car. If you invest that $25k right you should be earning at ... The usual, all on autotempest. For unique cars, forums are the go to for selling, your site is a great idea! Bring a trailer can be fun too, depending on the car and bidding there can be some great deals. 3. [deleted] • 6 yr. ago. Autotempest. It searches used car catalogs from different used car websites. 2. If so, make sure you have the key to them. Jumper cables, phone charger, quart of oil, gallon of 50/50 coolant, flashlight, utility knife Registration papers Car wash and interior scrub/vacuum Replace cabin air filter Note how much fuel you can fit in at “fuel low” indicator vs the official tank capacity in manual. Jul 7, 2023 ... I've been looking and used car prices are crazy. My question is, is it still worth it to buy used? On one hand a new car usually works pretty ...If you're 50 with large amounts of debt and no retirement on $80k/year, buy the cheapest car you can. There's an old rule of thumb called the 20/4/10 rule when buying a car. At least 20% down, no more than a 4 year loan, no more than 10% monthly income (gross) on monthly payment.You go on their website, find a car you want to purchase, proceed through “getting started” aka checkout, and then begins the purchasing process. You have 40 minutes reserved to make this purchase. You have the option to trade in a vehicle at this time. You can choose to pay via cash or finance. After that, you’ll pick delivery or pickup ... Timing belt vs. chain - most cars seem to be chains these days (pretty sure including the models you're looking at), but timing belts should be replaced every 100k or so. Brakes and tires - these are two consumables that'll cost you a few bucks sooner or later. Understand how much wear is left on both. Reddit announced Thursday that it will now allow users to upload NSFW images from desktops in adult communities. Reddit announced Thursday that it will now allow users to upload NS...Supply chain during Covid means 7.9M fewer cars were produced in '20-22 vs. steady state of 2019 (~17M cars sold). That's about 16% fewer cars. Not sure how 2023 is trending but it's probably not back to the old days. They are designed to fail in a specific manner and pattern that maximizes occupant safety and minimizes energy transfer from the accident to the passenger compartment. They are, by and large, incredibly safe. When one is wrecked and repaired there is a specific manner the repairs are supposed to be made. Supply chain during Covid means 7.9M fewer cars were produced in '20-22 vs. steady state of 2019 (~17M cars sold). That's about 16% fewer cars. Not sure how 2023 is trending but it's probably not back to the old days.Do: Research Your Purchase. Don't: Go to a Dealership Without Already Having a Financing Offer. Do: Talk to Your Insurance Agent Before You Buy. Don’t: Start …And until new car inventory is able to meet demand, new cars are a better deal. This is more a personal preference than it is a finance question. You've run the numbers, you make $120k, and a $30k car is 25% of your gross annual salary. It falls right in line with the general recommendations I've always seen. Have someone look under the car with a bright flashlight and check underneath to make sure its not rusted out badly. What’s your budget Make sure the car you like isn’t overpriced for its age. Like a 2005 car being $15000 while a 2013 car is $10000. Read the add or check out the car in person. First, it's asinine to buy a car without test driving, but if that's really what you want, find the car online, call, make and put a deposit on it, fill the credit app online. Schedule your time to finish the paperwork (not on the weekend, busy) and then go in and finalize the deal. Should take an hour in the store. I’ve bought two cars through Carvana - first one was in great shape and obviously detailed. The second time the car was filthy, had garbage inside of it, and some sort of paint or caulk splattered on the exterior. They did give us $500 back and paid for it to be detailed ($200), but given that their prices seem higher than a local dealer I ... InvestorPlace - Stock Market News, Stock Advice & Trading Tips If you think Reddit is only a social media network, you’ve missed one of... InvestorPlace - Stock Market N...Hi, I bought a car off of Craigslist. First, go to visit the seller and test drive the car. Ask if you can arrange for a mechanic of your choice to check out the car. If you get agreement, return to take the car, or else maybe the owner will take the car to your mechanic. Give the mechanic time to do his inspection.Timing belt vs. chain - most cars seem to be chains these days (pretty sure including the models you're looking at), but timing belts should be replaced every 100k or so. Brakes and tires - these are two consumables that'll cost you a few bucks sooner or later. Understand how much wear is left on both.ADMIN MOD. Army E3, Need advice buying a new car upfront. So I'm in my first duty station and I've been thinking about buying a new car. I plan to pay it upfront from a Honda dealer. New 2020 Honda Fit LX MSRP $16,999 Tax: 4.712% I was told I could get $500 discount by being in the military Credit score: 790s.Look for cars that are reliable and more importantly, safe. You can certainly find a car for $4-5k but just understand that at that price it is going to have issues. There are differences between superficial problems and mechanical issues. Body paint faded - probably not a big deal.I’ve bought two cars through Carvana - first one was in great shape and obviously detailed. The second time the car was filthy, had garbage inside of it, and some sort of paint or caulk splattered on the exterior. They did give us $500 back and paid for it to be detailed ($200), but given that their prices seem higher than a local dealer I ... Here's a case study: This BMW says it has "Executive Package". It doesn't. You can look up a BMW's exact build by adding it to BMW's online "My Garage" even if you don't own it. It reveals in fact, that CarGuru's entire list of "Options" for this car is almost all wrong: Adaptive Suspension - Standard, not an option. Are you looking for an effective way to boost traffic to your website? Look no further than Reddit.com. With millions of active users and countless communities, Reddit offers a uni...Dec 10, 2022 ... Carvana at the moment is a ripoff. They're selling used cars as if they were based models brand new off the dealer. They offer me 19k for my ...A fender bender will total that car, knocking the bumper down a bit is $1,000 repair easy. So you take the check, buy the car back from the insurance company, throw a new bumper on the car for $100 at the pick and pull and now you have a salvage titled car. Except it's still in great mechanical shape. -1.And until new car inventory is able to meet demand, new cars are a better deal. This is more a personal preference than it is a finance question. You've run the numbers, you make $120k, and a $30k car is 25% of your gross annual salary. It falls right in line with the general recommendations I've always seen.Buying a car right before buying a house. Housing. My wife and I find ourselves in a unique personal finance situation, so like any good millennial, I’m turning to Reddit. We are both recent MBA grads who generally have our personal finance house in order and are preparing to buy our first home. However, I sold my car at the …100%. A VW Passat is nicer than an Audi A3. But people spend more on the Audi for the badge. The women in this article probably had a nice luxury car she could have driven for another 10 years. I do not feel bad for these people at all. We have a car supply problem because soccer moms need a new Audi every 3 years.Sep 18, 2022 ... If market is favorable and rising, then try and secure a sub 3% interest rate, modest down payment (ie 5,000 or so), and invest the rest while ...Never buy a smoker’s car. You will never get rid of the smell. Don’t buy a car just before a major service is due. If you’re looking at a first car then you might not want to spend too much. It can save you £500 buying a car that’s just had its major service with say 60,000 miles on, than buying the same car with 55,000 miles …I used to be a GM at Thrifty Car Sales. Find out if the Hertz dealer is corporate owned OR Franchise owned. The way an ex-rental works is that the company bus a new car, rents it out and depreciates it and "pass the savings to consumers". All that sounds fantastic, and in most normal circumstances makes perfect sense and …Buying directly from Enterprise or Hertz cuts out the middle man, your local used car lot/dealership/CarMax. A good 70% (my guess) of carmax is just marked up enterprise cars. That certified preowned at the big dealership came from a wholesale auction wrecked by a Hertz renter...or a new motor cause the previous owner put …Still, when you do buy, a lightly used car with warranty can save you a bundle. Financing $25k for 3 years at 3% costs $550 less than same rate and principal for four years. Your same argument could be made about using the $25k you have to buy the car outright then using the cashflow to invest.swim846. • 6 yr. ago. For me it has been worth it. My vehicle has awd and part of it broke would have been almost $2500 to fix with labor. Also ford was running a promotion where if you bought a certified used car the interest rate was 2.9% and the rate I was original offered was around 4.5. So to add the certified used ended up …The biggest cons I can think of are 1.) I don't need a car because I already have a company car, 2.) depreciation is real fam, 3.) the winters here (Minnesota) would terrorize my vehicle (salt, snow, etc), and 4.) I plan on moving back to California and moving a car seems like a pain.Mar 15, 2020 ... Working your deal, a lease where someone pulled the wrong rebates, a cash deal from four states over, a customer on line one that bought last ...Looking to buy a new car because of a second child Location: Belgium (Europe) Price range: Max 25.000 euros (looking between 20 and 25K) will trade in current car Lease or Buy: Buy New or used: Used (but on the newer side - 2020 and newer) Type of vehicle: car/sedan Must haves: Trunk space, smooth riding , comfortStill, when you do buy, a lightly used car with warranty can save you a bundle. Financing $25k for 3 years at 3% costs $550 less than same rate and principal for four years. Your same argument could be made about using the $25k you have to buy the car outright then using the cashflow to invest.Feb 25, 2023 ... Generally speaking it is less expensive over time to buy a used car and maintain it than to buy a new car, even with a warranty. But one lousy ...Hi, I bought a car off of Craigslist. First, go to visit the seller and test drive the car. Ask if you can arrange for a mechanic of your choice to check out the car. If you get agreement, return to take the car, or else maybe the owner will take the car to your mechanic. Give the mechanic time to do his inspection. 17k+ in cash would do a lot better in a retirement fund or diversified investment IMO. And if you have personal investment opportunities, you really just have to beat the financing rate for it to make sense for you to take a car loan vs. pay in cash. Every time someone says something like this, I wonder. The usual, all on autotempest. For unique cars, forums are the go to for selling, your site is a great idea! Bring a trailer can be fun too, depending on the car and bidding there can be some great deals. 3. [deleted] • 6 yr. ago. Autotempest. It searches used car catalogs from different used car websites. 2. Step 1: do research. find a car you like. Step 2: use a couple sources (KBB, Carfax, cargurus, whatever there's hundreds of sources out there for this) and determine what you are willing to pay. Step 3: call/submit online to dealership. set up an appointment. Step 4: show up, test drive car, make sure you like …So I'm not sure if it would make sense to buy a car when I'm looking to stay for only 2 more years. Looked at lease, but most lease options are 36mos.+. Not sure what I should do. …Look for cars that are reliable and more importantly, safe. You can certainly find a car for $4-5k but just understand that at that price it is going to have issues. There are differences between superficial problems and mechanical issues. Body paint faded - probably not a big deal.Oct 22, 2021 ... https://www.reddit.com/r/askcarsales/comments/q2abz7/i_hate_carvana/ this guy hated it. UpvoteSometimes private car deals have gone wrong. Do the exchange near a police station or at least a public area and don't do it alone. Don't do it alone is smart, but I've never done an "exchange" like this without taking it on a test drive and having a mechanic check it out for a few hours. Step 1: Move to Texas. ADMIN MOD. The Novice's guide to buying a cheap car ($3k or less) There is a technique to buying cheap cars online and not getting screwed over either financially or mechanically. For the sake of this, we’re going to assume that the absolute max budget here is $3,000 USD. I’m going to recommend certain types of cars to look at, certain ... Buying a car right before buying a house. Housing. My wife and I find ourselves in a unique personal finance situation, so like any good millennial, I’m turning to Reddit. We are both recent MBA grads who generally have our personal finance house in order and are preparing to buy our first home. However, I sold my car at the …I’ve bought two cars through Carvana - first one was in great shape and obviously detailed. The second time the car was filthy, had garbage inside of it, and some sort of paint or caulk splattered on the exterior. They did give us $500 back and paid for it to be detailed ($200), but given that their prices seem higher than a local dealer I ...Pay for an independent inspection. Call a shop close to the dealership and ask the salesman to drop it off. Pay over the phone for the inspection. If everything looks good it’s time to negotiate. If the dealer won’t move on price then focus on dealer fees, addendums, or the cost of shipping it to you.Please avoid their busiest times, (beat to shop around at their slowest day and time ) and be honest about your buying timeframe up front. A good salesperson will appreciate the courtesy and know that if they made a good impression on you, you'll most likely come back to them when you are ready. Reply reply. mbmac. ChrisFix made a longer video on How to Test Drive and Buy a Used Car. Most of the information is pretty solid. The /r/cars community came together to offer their advice when used car shopping. 4Chans Guide to inspecting and test driving a used car. It's accurate and covers a lot of things you should look for. Cars in the $5k-$8k range are normally pretty good (Hondas, Toyotas, Nissans are pretty reliable). They'll require proactive maintenance and infrequent repairs, but should last a good 5-10 years before it is more trouble than it is worth. Avoid auto loans if you can. That monthly payment could be going somewhere else. Reply reply. [deleted] •. Cash means to pay it outright to them, no financing by them, not necessarily [hundred] dollar bills. One could argue, you can finance through your bank or credit union and it still looks like a cash transaction to them... that is, the car is 100% paid off from their perspective. Reply reply. Jul 28, 2023 ... They do have a 2017 Honda accord LX with 62,253 miles for 20,995 which is also a bit above my price range but if it's better I'll figure it out. Yes, they are where I would send my less knowledgeable friends and family to buy a car in a heartbeat, no BS like you get at dealerships. My fiance and I bought two cars recently from Carmax. Dealerships were selling the same cars for stupid amounts. We got pretty fair deals from Carmax. Not super complicated. Those with good credit can buy new cars for between 0-2% interest rates with $0 down. Never been better to buy new cars if you have good credit. Whether new cars are a waste of money or not will continue to be argued until the end of time. Used cars, probably 2-5% for good borrowers.Aug 8, 2016 ... Never, ever buy a car without face-to-face contact. eBay car sales are simply (like Craig's list) a way to get sellers and buyers together. You ...
It’s prob worth $1000. I looked around at used cars (Hondas or Mazdas or Toyotas with 40-60k miles) and the used car prices are crazy. A 3-4 year old used civic is going for 19-22k, where as a new Kia Forte or Mazda is 22-25. With lower financing rates. I don’t feel good about a new car for a 16 year old. . Altra zero drop footwear
Car Buying and Selling Subreddit, Get a Good Deal, Get a Good Car. r/carbuying. Feed About. u/Blablablapaunocu. • 1 hr. ago. Help!! First time car buyer here. Guys, I'm a first …Reply reply. [deleted] •. Cash means to pay it outright to them, no financing by them, not necessarily [hundred] dollar bills. One could argue, you can finance through your bank or credit union and it still looks like a cash transaction to them... that is, the car is 100% paid off from their perspective. Reply reply.It is quite obviously better to buy it outright with cash. Cars are not assets. They depreciate in value - thus they are liabilities. Wealthy people do not finance liabilities. That would just be stupid. If wealthy people finance anything at all, it is to leverage assets that earn money over time. Cars do not do that. 17k+ in cash would do a lot better in a retirement fund or diversified investment IMO. And if you have personal investment opportunities, you really just have to beat the financing rate for it to make sense for you to take a car loan vs. pay in cash. Every time someone says something like this, I wonder. Also when the car was salvaged also is important. If the car is 25 years old and was salvaged 8 years ago, probably wasn’t a whole lot of damage. But if the car is 5 years old and salvaged last year there was probably a lot of damage. Also if the car has been on the road for a long time after it’s been rebuilt that’s also a good sign. Unlike Twitter or LinkedIn, Reddit seems to have a steeper learning curve for new users, especially for those users who fall outside of the Millennial and Gen-Z cohorts. That’s to ...Leasing is profitable for dealers because you're basically paying them the depreciation of the car's value + a significant chunk. Also, with your $250/month figure, you'll have spent $9000 on the leased car, and like you said, have no car to show for it. hmhieshetter • 11 yr. ago.If so, make sure you have the key to them. Jumper cables, phone charger, quart of oil, gallon of 50/50 coolant, flashlight, utility knife Registration papers Car wash and interior scrub/vacuum Replace cabin air filter Note how much fuel you can fit in at “fuel low” indicator vs the official tank capacity in manual.I saved about 25% over the price of a clean title car, though resale will be tough. The second is a classic Jaguar that hit a delivery truck with a high rear bumper, which destroyed the front grill, hood and front fenders and headlights. Once again, new parts from Jaguar are obscenely expensive, but used ones are everywhere and …First time buying a car!! I am looking for a Toyota Corolla. I would love to get a 2023. I was thinking on putting a 6-7k deposit down. I make your average 38k a year. I have a decent …Step 1: do research. find a car you like. Step 2: use a couple sources (KBB, Carfax, cargurus, whatever there's hundreds of sources out there for this) and determine what you are willing to pay. Step 3: call/submit online to dealership. set up an appointment. Step 4: show up, test drive car, make sure you like …Bought my 900 for under $600. With any sub $1k car, you will be buying parts and wrenching on it a lot. It's an excellent way to learn how to wrench on cars, but not necessarily ideal for a daily driver, especially if it's your only way to get to work. Just sold a 1997 BMW 328i with 246,000 miles for $1,000.If it is not worth the buy out, do not buy it out just to try to save face. A car is a depreciating asset, whether you buy new or lease new, you will lose money nearly 100% of the time. I would walk away from it at the end of the lease and move on. Your best option to lot lose a bunch of money is to buy a used vehicle.IMO, buying is better if you plan on keeping the car long term. You’ll pay it off and actually have some equity (and savings) when it comes time to buy another car. If you have to have to new, shiny car every few years, then leasing is better as you aren’t taking such a big depreciation hit. 35. basicspace_.If you buy it with no proof it's been done, assume it hasn't and plan for it to be done. Aux belt is less important than timing, but still. Follow the guidelines. Oh, and whatever car you get, get used to its 'normal' behaviour, and when something changes Google it or ask a mechanic - the sooner the better. Edit: oh!Nelson_t. •. Just realize the import taxes will be at least cost of the vehicle and will be required to be imported by a certified agency with a government recognized import licence and they will charge about 2 grand on top. There will be no parts available and most mechanics won't touch it because of the parts issue.The Prius has been reported to be the most reliable car in the north American market for at least the past ten years. (mine has ~340'000km/~215'000 miles) While EVs do have less moving parts than their ICE counterpart, they still have fluids (coolant, brake fluid, refrigerant). Reply reply. joecooool418..