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Bovril Delight posted:I'm currently dropping around $1200 a month into my Golf TDI to pay it off by the end of the year. I eventually want to upgrade to an S5 or something in the same approximate price point. Would it be best to finish paying off the TDI, buy the S5, then sell the TDI and put the money from it into the S5? The other option would be sell/trade the TDI now, but I imagine this is the worst of the two options. Won't the TDI depreciate over the course of the year? If you're planning on selling anyway, why dump money into a depreciating asset?
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Jan 25, 2012 20:20
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Theler posted:Looking at edmunds both manufacturers have a special lease offering. Downpayment + payments for the Corolla = $8224. Plus the buyback = $18,224. That's a new car price for a used car.
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Jan 26, 2012 15:59
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If I could go back in time and trade my parents' crappy station wagon for a modern Dodge Caravan with dual DVD players, I would do it in a second. Childhood road trips in lovely cars were anything but glorious.
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Jan 27, 2012 23:04
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There's always the old Dave Ramsey question of "If you had $5000 of equity in your car, would you borrow against it at 3.5% just to have the cash in your bank account?"
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Feb 16, 2012 22:09
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Silver Nitrate posted:I look like a boss driving my pearl white, black carriage top, chromed out Lincoln. This is the correct reason to buy a Lincoln. Silver Nitrate posted:16 years old These are reasons NOT to buy a Lincoln.
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Feb 17, 2012 16:40
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Nocheez posted:My wife's 2001 Saturn SL-2 is for sale Holy poo poo, my wife is selling an identical SL-2. Make sure you put "Dave Ramsey Special" in the craigslist ad.
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Mar 7, 2012 20:51
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Doesn't a lease lock you in to a 2-4 year commitment? It's just a rental. Do the math out and see if you're OK with spending $10,000 to borrow a car for a few years.
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Mar 20, 2012 03:27
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Quixotic1 posted:Providence has now forced my hand and I need one suddenly. If you buy used, you're getting into a car you know nothing about. If you buy new, you're also getting into something you know nothing about (financing). Since you're not familiar with the process, and you are now desperate, your odds of getting screwed by the finance guy at the dealership are 100%. Your odds of getting a total lemon if you pay $7000 cash for a craigslist Honda Civic are very low, especially if you pay a mechanic to inspect it. Start with this guy: http://miami.craigslist.org/brw/cto/2888627277.html If you drive it for a while and don't like it, sell it for the same price you paid and go buy another car. MrKatharsis fucked around with this message at 22:39 on Mar 20, 2012 |
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Mar 20, 2012 22:37
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^^^That's about to happen again. The stealership can offer you an extra $2000 on the "trade-in" because they're really just taking $2000 off the markup on the Focus. What you should be asking yourself is: "Is owning a Focus vs. a Corolla really worth an extra $10,000 in debt?" Life without car payments is awesome. I think everyone should try it at least once.
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May 3, 2012 16:22
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No 25 year old RN should be buying a car in the "<40,000" range.
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Jun 27, 2012 00:27
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If you're paying cash for a car and you're not applying for a mortgage, you don't need a credit score. Your instincts are right.
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Jul 18, 2012 03:23
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KYOON GRIFFEY JR posted:You will also be able to avoid compact SUVs as I believe that the only small AWD sedan currently being manufactured is the Subaru Impreza, which kind of has a face for radio. Suzuki is still selling off their stock. If you're willing to gamble on long-term parts availability, you can save a few grand over an Impreza.
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Feb 1, 2013 04:56
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Kenny Rogers posted:OPTION A) 0 Down, 15k miles/year, $448/mo. for 36 months. You already own a car and a motorcycle, you're trying to lease a brand new car, and don't have $3000 cash already budgeted? This screams emotional purchase. Why would you put a down payment on a rental car anyway? If you crash it in the second month and insurance pays out, will you get the $2000 back? It has been a while since anybody talked about the second half of this thread title. I know some car salesman came in here and talked a good game but
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Sep 4, 2013 04:10
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metasynthetic posted:Reliability is #1 Throatwarbler posted:You can get a 2012 Jetta with the 2.5l for about $10k Don't be an rear end in a top hat. Even if this car were reliable, it still has a horrible slow thirsty engine.
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Sep 25, 2013 03:40
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The 2.5 Jetta is cheap because it's undesirable. What he saves up front will be lost at the gas pump or in repairs. This is a bad recommendation, especially for a buyer who admits that they are not very mindful of maintenance.
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Sep 26, 2013 03:30
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sfmarine7 posted:Location: Portland, OR If you're paying cash, any car in that price range is a huge gamble, and unlikely to be much better than what you have. Repairing the clutch and selling it could net you some more cash but you'd still be in risky territory. Also, I suspect you could get the clutch and timing belt done for around $1000 with an honest mechanic. This is the route that I would personally take. It buys time and gets your head out from under the axe so you can make an intelligent, unemotional decision. If you absolutely have to get rid of this car and are going to finance, buy an older Corolla or Civic from a used car lot and negotiate like a fiend. Only discuss the "out the door" price and don't let them tack on one penny more. Some dealerships may be able to meet your monthly budget but if you can only spare $200/mo, you really can't afford even a new-ish car. Desperation can really hurt you, unfortunately.
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Sep 29, 2013 05:00
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This poor goon can barely scrape together $1000 and has a hard limit of $200/mo. New cars and $10,000 loans should be out of the question. What happens when a tire blows?
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Sep 29, 2013 15:47
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That's a common dealer scam to get you in the door. Civic owners aren't being given any special treatment and you should keep your car.
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Oct 15, 2013 20:40
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Ultimate Mango posted:The Car Max discussion earlier in this thread was interesting. Turns out there is a '13 BMW M5 with 8k miles for $80k. Should I look at that and take the CarMax warranty and abuse the hell out of it? gently caress yes you should.
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Oct 31, 2013 03:01
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Pretty Boy Floyd posted:I'm trying to figure out if I can afford to spend $9k~ on a car. I've had my eye on getting an e46 bmw wagon for a while now, and one popped up in my area. The market for these is pretty whacky, so I probably won't be able to negotiate very far down from the $9k asking price. I'm not attached to this particular car, but they don't come up often in the configuration I like and its mileage is <100k. You haven't posted anything about your income, savings, or anticipated method of payment so it's impossible to give you a meaningful answer. How is the trade in value of your car less than half the cash value? Speaking entirely in generalities here: if you want a particular uncommon car, it would be better to plan for it, save up, and shop smart online than impulse buy the first one that pops up at Stan's Pre-Owned Sketch-O-Rama.
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Jan 9, 2014 03:37
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The V6 in the new Mustang is 300hp, way more than the Crown Vic. It gets better mileage too. Not every v8 > v6. I would highly recommend renting a V6 Mustang for a weekend before you buy one. I had one last month and while fun, it wasn't something I'd really care to live with. Needlessly cramped interior, typical modern car poor visibility, seats not really suitable for a road trip.
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Jan 11, 2014 05:32
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If you're serious about buying one, spend $100 for a weekend rental and try it out first. You may find that you'll want a model with better seats or other features. I took a 3 hour trip and was getting pretty uncomfortable by the end. Test drives don't reveal that kind of stuff, especially with the salesman/owner blabbing away.
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Jan 11, 2014 14:06
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Why not the 6-series? I'd imagine those depreciate way faster than an M3.
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Jan 16, 2014 04:52
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Care to explain why someone in Oklahoma City needs 4wd?
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Mar 4, 2014 21:55
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Bullshit. If you sell a Camry south of 200K, then you're a wasteful spendthrift who will never retire.
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Mar 22, 2014 01:16
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EugeneJ posted:I think this site is more accurate for repairs/long-term reliability: Depends on the Geo. The Prizm is straight out of the Toyota factory. Don't let anybody you like ride in a metro or Storm.
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Dec 10, 2014 04:38
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If you liked the RSX, the Civic SI is nearly the same car and still in production. Even as a 4-door I believe. Good luck finding one that hasn't been thrashed though.
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Dec 20, 2014 04:54
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