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Smart Shopper Selecting and Buying My First Car
764 messages, Last post on Aug 17, 2009 at 12:29 PM
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My wife and I ended up getting a brand new 2005 Elantra GLS manual for $9,123 + TTL. When we saw the ad, we couldn't pass it up. The value for the brand new car was well worth it for us. I just wanted to thank all the people who helped educate me and give me many pieces of valuable advice in the work to replace my wife's stolen car. I know I learned a lot, and feel very good about how it turned out. You folks made a difference. Thanks!!
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Replying to: latham (Feb 20, 2005 2:37 pm) |
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This morning the police called and we got the stolen car back (minus the stereo). It's funny, because the police had earlier said if we didn't get it back in 10 days, that we probably wouldn't, and if we did gget it back, that it would probably be stripped of parts. I guess we're the rare case where they find it weeks later, in fine driving shape. Now we have to decide what to do with 3 cars!
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Replying to: latham (Feb 21, 2005 10:32 am) |
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Wow! Keep it as a beater? We have 3 cars, the "extra" one comes in handy when we have guests. They don't have to rent. You also don't accumulate too many miles on the new car (so it stays under warranty). My Forester, purchased new, has 71k miles on it. But my 3rd car has handled about 25k miles during the same time period. So if I didn't have my 3rd car, I'd be close to 100k and thinking about trading it in. This way I'll end up keeping it 2-3 years longer. The only catch is you pay extra to insure them. To me it was worth it. -juice
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Replying to: ateixeira (Feb 22, 2005 10:12 am) But you'll still have some maintenance to do on the 3rd car as well as any extra depreciation. The real challenge for me though is which car to keep out of the garage. |
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| At one point, I had three Hondas parked in my driveway. Two sat in the garage, and one was in the driveway. How I determined which one to put in the driveway would have been whichever car had more miles... | |
| So, we've got the new Elantra, my '89 Corolla wagon with 147k, and the newly recovered '92 Accord with 199k. Right now we are thinking of keeping the third car around for occasional needs or lending. So long as insurance is reasonable. | |
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You might want to drop collision insurance on the lowest-value car, or the least-used. Keep only liability. At this point it would not be a devastating loss if something were to happen (you already have a spare car), so why pay to insure it? Besides, after a deductible, it may not be worth much even on a total claim. Top it off, any claim at all will raise your rates. -juice |
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Replying to: 2new2know (Nov 06, 2004 4:29 pm) |
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