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The Something Awful Forums > Discussion > Ask/Tell > AI meets BFC: Car Buying Thread: No Rentals and No Salvage Titles
 
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Tongsy
Aug 22, 2007

Strict 9 posted:

Got a call today from my dealer. Said he was interested in buying back my 2010 Honda Pilot. Said I could have the same payment on a new 2012.

I assume I lose in this deal, right? The way I see it is I owe about $20,000 left on my loan. They're offering me a new 2012 car for basically my original loan amount, $26,800. So that means I'm paying $6,800 for a new model. Which just doesn't seem worth it. I mean when I go to sell the car in 5-10 years, I'll get some extra money because it's 2012 and 2010, but no where near $6800. And I do get the benefit of the extra things the 2012 model offers, but I probably wouldn't pay more than maybe $500-$1000 for those.

Do you really think the dealer would call you and make the offer if he wasn't going to come out ahead?

I'd pass.

* # ¿ Sep 16, 2011 02:58
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# ¿ Apr 29, 2024 05:48
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Tongsy
Aug 22, 2007
 *double post*

* # ¿ Sep 16, 2011 02:59
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Tongsy
Aug 22, 2007

Harry posted:

$8500 sounds pretty high for a 10 year old car.

The Celica is the kind of car you would have to pay the ricer tax on.

* # ¿ Feb 11, 2012 20:03
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The Something Awful Forums > Discussion > Ask/Tell > AI meets BFC: Car Buying Thread: No Rentals and No Salvage Titles