Last post on Sep 21, 2013 at 10:39 AM
You are in the Buick Regal
What is this discussion about?
Buick Regal, Sedan
Jan 13, 2003 (6:15 pm)
I don't recall saying my Regal stickered for 29k...perhaps you have me confused with some one else. Just received in the mail today a note from GM that my GM dollars have been "enhanced" so the total is now $2,003. I can use them by 1/31/03 towards the purchase of a 2002 GM vehicle.
I would love to lower my payment and/or the term of the loan. The Buick Century is a car that is similar to the Regal LS, for thousands less. I leased a Century & owned one before that. I am curious to see what my dealer will give me for trade on this Regal IF I stay in the Buick family.
Jan 13, 2003 (8:09 pm)
It was MY '02 LS Abboud, with heated seats, that stickered at $28,810. You can get an '03, optioned with the same content, for the same MSRP. What I WANTED was an LS with cloth seats, GT springs and a Monsoon radio. BUT the loaded LS Abboud was actually CHEAPER than ordering a factory car that way, and it was already on the lot. Is that nuts, or what?
Jan 15, 2003 (8:45 am)
My 01 LS trade in value is $10K. The dealer retail price is $14K. I paid $16K for it used a year ago so he must of got it for $12K. No wonder those guys move their dealerships out to the high priced realestate locals. I'll keep it till the wheels fall off and the extended warranty expires. I'll also read up on all the TSB's and pester the daylights out of them. We'll see who comes out on top eh?
#2183 of 3508 Trade Value on 2002 Regal LS
Jan 19, 2003 (6:30 am)
I went back to the dealer I bought the car from to get a trade-in value for it. I was looking to buy a Pontiac Montana Minivan. He said it would bring $13,000. Not bad, considering I owe $17,000 on the loan. Guess I am stuck with this for a while. Will look to trade it in this summer towards a Toyota Minivan...I have purchased my last American vehicle.
#2184 of 3508 Elmoblatch1: Toyota minivan
Jan 19, 2003 (10:57 am)
My wife and I both drive Regals, but I like Japanese cars also. I am not sure if you are aware, but Toyota has had a bit of an oil gel (lawyers' word for sludge!) problem with the engine used in the Sienna van. It got so bad that they are now offering an eight year warrantee to cover the oil gel problem. They made a minor change to the PCV system in 2002 that is supposed to help, but time will tell. I am not saying don't buy one, but a four month/ four thousand mile oil and filter schedule may avoid a big hassle.
#2185 of 3508 Insuring an older car
Jan 19, 2003 (2:47 pm)
I've got a general question that doesn't just pertain to a Buick Regal...but then again it could if you give it a few years.
Let's say I want to buy an OLDER car (10+ years old) that is in otherwise decent shape but needs some work - not too large of a leap of logic. No matter what kind of reconditioning work I do, I'm still going to have a 10+ yr old car at the end of it all. My local insurance agent will look up the value of it and, after laughing his head off, tell me it's worth $500 or whatever.
If you're in that grey area of dealing with an older car that isn't a classic by any means...just an older car...what are your insuring options when it comes to replacement value? Does Lloyds of London handle anything like this? If baseball players can insure creaky backs for $50 million I would think I could insure a Buick for $6,000, for example.
Has anyone ever dealt with this, or do I have too much time on my hand with my work commute?? I do have an older car in mind but just having gone through body shop work on my primary car, a 98 GS, due to an idiot in a Wal-Mart parking lot at Christmas, wondering how I'd adequately insure the car itself makes me go hmmmmmm.
#2186 of 3508 reply bigunit67
Jan 19, 2003 (3:45 pm)
Here's my two cents: to an insurer, a 10 yr.old Buick is fully depreciated and can be replaced with another 10 yr. old Buick for not much $$. No doubt their replacement value is different from yours. So, it's really not worth insuring from the insurers viewpoint although they will probably indulge you and not charge much for comprehensive coverage. Forget collision coverage. If someone damages it you collect from their insurer; if they drive off without identifying themselves you are covered under your UI coverage subject to deductible. Parking lots are most hazardous when driving a new car!
Jan 21, 2003 (9:00 am)
Thanks for your post. I read on the Camry message board that others were having problems with the "engine sludge" and apparently Toyota was denying there was a problem on certain cars.
I wonder how often the oil was being changed in those cars ?
I change the oil & filter every 3,000 miles, in any car that I drive.
I am also considering the Honda Odyssey van. My time frame for purchase is June/July. The local Honda dealers pretty much sell those vans for sticker price & have them sold before they are delivered to the dealer.
Either choice will hold resale value better than a GM product.
#2188 of 3508 reply elmoblatch1
Jan 22, 2003 (3:56 pm)
When I roll down the street in my GM car I never think about losing value, but sometimes I do think about the big bucks I saved by not buying a Honda or Toyota! And GM is more fun to drive than boring Honda or Toyota IMO. Don't know why you are posting in a GM thread.
#2189 of 3508 Don't pay that much to begin with...
Jan 23, 2003 (1:19 pm)
I agree with an earlier poster... if your paying $22 for a Regal LS, then you lost money at the signing.
I got my 2 1/2 yr old GS for $15,000 in like new condition. Today you could get a 2000 GS used for around $13,500. Anybody buying new is going to lose big money no matter what the car. Go with 2 or 3 yr old car with low miles then add ext. warranty for $1000 up to 100,000 miles and your set for many years of worry free driving.
I couldn't imagine paying $20K plus for an LS and then getting stuck with repair bills after the factory warranty runs out... ??? WHY DO PEOPLE DO THAT ???