Last post on Nov 25, 2013 at 12:21 PM
You are in the Sedans
What is this discussion about?
Chevrolet Malibu, Nissan Maxima, Mazda MAZDA3, Nissan Altima, Honda Accord, Honda Civic, Hyundai Elantra, Lexus IS 250, Acura TSX, Car Comparisons, Sedan
#3348 of 3631 Re: Tips on choosing [backy]
Jun 19, 2013 (2:22 pm)
Also, when a car is purchased at an auction, is sales tax paid on it? How would this transaction work? Would there actually be two transfers of ownership here--auction to my agent, then agent to me? If so, there would be two rounds of sales tax paid.
No. The end buyer pays the tax, only once.
By going to the dealer, I keep the car in my family all the time, I ensure I get to own it (slip ups can happen at an auction, no?) at a certain price.
"slip ups" can happen anywhere, anytime.
And I am not so sure the dealer wouldn't keep a car that is 13,000 miles under the normal mileage for this term lease and in pristine condition to sell themselves.
They won't, if they can get it for much less at the auction and then sell it for more profit. Be sure, I am one. Well, there are idiot dealers I suppose. But doing as you suggest, they won't be in business for long.
#3349 of 3631 Re: Noisy [igozoomzoom]
Jun 19, 2013 (3:17 pm)
Ah, the color palettes of the Seventies.
My first chariot was a '73 Mercury Cougar 351, in "Ginger Brown" with a tan interior. Bought it in my senior year in high school in 1983 for the staggering sum of $500.
Those were the days indeed.
#3350 of 3631 Re: Tips on choosing [nvbanker]
Jun 19, 2013 (3:37 pm)
So when a dealer advertises a used car as "we took this in as a trade on a new car" (I see that a lot in ads), they're lying? And when I saw a 2007 Rabbit I traded in on another car for sale by the same dealership a couple of days later... they were able to turn that around through the auction process that fast? Or maybe this was just one of those "idiot" dealers, who's been in business for only... a couple of decades, in this case.
I learn something new every day!
"slip ups" can happen anywhere, anytime.
Thanks for validating my strategy to buy the car from the dealer, to ensure I end up with it.
#3351 of 3631 Re: Tips on choosing [backy]
Jun 19, 2013 (5:43 pm)
I think you may be confusing a trade-in with a lease turn-in. When you traded in your Rabbit, the dealer would either put it on his lot (as he did in your case) or send it to auction if it didn't fit his dealership, such as if you traded in the Rabbit to buy a Mercedes. A lease turn-in is different. nybanker is saying that rather than pay the residual to the leasing company to buy the car, chances are he could acquire the same model at auctiion for a lower price should he want that model of car on his lot. A perfect example is my 98 A6. It had a 63% residual but although I turned it in with over 10K miles remaining, the dealer sent it back to the leasing company because they were selling for only about 55% of original MSRP. He had plenty of 98's on his lot, but he acquired them at auction or thru trade-ins.
#3352 of 3631 Re: Tips on choosing [gene103]
Jun 19, 2013 (7:43 pm)
Those luxury cars don't hold their value very well, do they.
OK, I love a good deal. Give me the name and contact info for someone in the Twin Cities who will guarantee in writing they can buy my 2010 Sentra from auction for no more than $9,700 and get it back in my hands within a month, also guarantee my car will actually go to auction, and I'll gladly turn it in next month vs. buying it from NMAC.
#3353 of 3631 "American" car buyer?
by Stever@Edmunds HOST
Jun 28, 2013 (8:11 pm)
A reporter would like to speak to a recent buyer of a car from a manufacturer that is widely considered "American"--e.g. Ford, Chevy, Dodge, Chrysler, Cadillac-- who has not previously owned an "American" car. If this is you, please send your daytime contact info to predmunds.com no later than Monday, July 1, 2013 no later than noon Pacific.
#3354 of 3631 Trade 2009 Camry SE for 2010 Equinox LS? Am I an Idiot??
Jun 30, 2013 (6:52 am)
I've been offered a fleet 2010 Equinox LS from a major well respected company with 74,000 miles for 11,500. No problems, well maintained by strict maintenance guidelines. They have their own shop as well.
This was driven by sales guys. Right now they have around 20 for sale as they just bought 2013s.
Currently I have a 2009 Camry SE loaded with radio, sunroof, wheels, tint....etc with 69,000 miles. I've had it for 8 months, and its just okay. More stuff than I need and I'm tired of the ground effects.
I'll sell the Camry for $13,000...I hope, and the equinox prices at $16,00, but I'm getting it at $11,500 as part of employee plan.
Camry is the best car ever I'm always told...I could use the extra space, but am I an idiot for considering this "trade"?
#3355 of 3631 Re: Trade 2009 Camry SE for 2010 Equinox LS? Am I an Idiot?? [wxguy23]
Jun 30, 2013 (1:12 pm)
>Camry is the best car ever I'm always told...I could use the extra space, but am I an idiot for considering this "trade"?>
Only you can tell. Does fuel economy matter to you? What have the reliability stats been for the Equinox? A 09 for a 10 doesn't sound like much of a bargain repair wise. But for you comfort may trump all these considerations.
#3356 of 3631 1st Time Driver: Used Car Recommendations (For Under 2.5K)
Jun 30, 2013 (6:09 pm)
I've saved up about 2,500 for my first car, and I've been researching and browsing used car possibilities over the last few weeks.
I'm twenty-four, licensed, from NYC.
I wanted to ask for any recommendations and/or feedback for the list of cars I've come up with for possible purchase. I am concerned, for better or for worse with the following order: mpg, number of total miles, safety ratings, handling, storage space, etc.
(I've seen some of the models below in my price range).
I am also looking to criss-cross the country with this car.
- 1984 Civic 1500S HB
- 1986-1987 CRX HF
- 1992 Civic Hatchback VX
- 1993 Civic Hatchback VX
- 1994 Civic Hatchback VX
- 1995 Civic Hatchback VX
- 1987 Honda: Coupe HF 4 Cyl 52/57
- 1995 VX Hatchback
- 1994 XFI
- 1980s RAbbit
- 1989 Swift
- 2000 Metro
- 1988 Sprint Metro
- Spring ER
- 1990 Ford Festiva
- 1983 Nissa Sentra (Datsun)
I'd love to hear from people who own or have owned these cars, and could tell me from personal experience what they think of the model they drove.
Many, Many Thanks!
#3357 of 3631 my retirement car
Jul 01, 2013 (8:53 am)
Got an email from my Nissan dealer on June 19 (Wed.) that they just received a 2014 metallic blue Nissan Versa Note with the Convenience package. Drove 50 miles to the dealer on Thur., test drove & decided to sign the papers to trade in my 2007 Mini Cooper. I picked up the new car the following Monday. After a week, it has been very nice. Admittedly, it does not handle as well as the Mini, but it is more comfortable in town and on back roads that have seen the ravages of winter weather. As a small person with shorter legs, the seat bottom is just right. One reviewer complained about the seat not supporting his thighs. But he is 6'1'. So this aspect rules out all the full-size and most intermediates for me.
Lots of rear legroom. With the seats folded, I can put in my bicycle or our big dogs. There is enough room for us to take a trip. Acceleration is quite adequate. The CVT is smooth. Visibility is as good as any car I've had. The rear view monitor works well while backing. The controls are intuitive and easy to use, meaning I can reach the dials while keeping my eyes on the road and adjust by feel. It is quiet and acts predictably. The only complaint that my wife has is the lack of an armrest on the passenger side.
It came with low rolling resistance tires. I wonder if getting better tires will improve handling, but at the expense of mileage. So I am no longer waiting for the 2014 Kia Soul & Forte 5-door.
For my retirement next year, now I have a new car, a new horse and a new saddle. I gave one bicycle away. So now I only have five. What else?