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Purchasing Used Vehicles

1530 messages,  Last post on Nov 19, 2009 at 8:24 AM

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What is this discussion about? Car Buying


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#1460 of 1530
by theessenceofla
Sep 04, 2008 (6:11 am)
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Just to Update,
  
I got the car and I ended up getting mazda 3i. More fun to drive and less out of pocket expenses and loan payments now.
  
I checked CARFAX and AutoCheck
I had the car checked out by a Mechanic
I called the dealer to see if any work was done (bulb change) and if it was still under warranty (yes!! till 50,000 or 2010)
  
Everything checked out and I drove home with it
  
Summary:-
  
Age: 22
19,600 miles 2006 mazda 3i touring
4.6% CU loan with Auto Debit payments
No Gap & No extended warranty
$12000 +$350 (Sales Tax and title and plate transfer)
  
Having a car to drive!! Priceless!!!
  
Thank you all for your help and input. I am happy and that's the most important thing!!
#1461 of 1530
Re: What would be a good price? [jenfog] by isellhondas
Sep 07, 2008 (11:23 am)
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Replying to: jenfog (Aug 25, 2008 4:23 pm)

Coming in late here...
 
Those really weren't very good cars. Not horrible but not very good either. With Oldsmobile out of business body and trim parts may be impossible to find but the mechanical parts should be available.
 
It's a car they are porbably having trouble selling.
#1462 of 1530
Re: What would be a good price? [isellhondas] by imidazol97
Sep 07, 2008 (11:35 am)
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Replying to: isellhondas (Sep 07, 2008 11:23 am)

>body and trim parts may be impossible to find
 
Rockauto.com and gmpartsdirect.com seems to have the interior and exterior body parts just fine. It's only a 2001.
 
Check out the listing on rockauto.com.
 
Also recycled parts car-parts.com is an interesting place to browse for parts.
#1463 of 1530
Re: What would be a good price? [imidazol97] by isellhondas
Sep 07, 2008 (11:49 am)
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Replying to: imidazol97 (Sep 07, 2008 11:35 am)

Good information to know.
#1464 of 1530
new v. used. by robbieg
Sep 10, 2008 (7:45 am)
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Replying to: icedog97 (Mar 18, 2005 9:28 am)

Not sure where to post this, but I am trying to figure out if there is a program that compares a specific used car purchase with a specific new car purchase. For example, if I am going to spend 25000 on a new car financed over 5 years with a down payment of $6000. I can chose either a new 2008 vw passat or a 2006 cadillac sts, for example. I know that it costs more to finance a used car than a new car. Say I want to sell the car in 3 years, which one would I have the most equity in?
#1465 of 1530
Re: new v. used. [robbieg] by qbrozen
Sep 10, 2008 (8:44 am)
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Replying to: robbieg (Sep 10, 2008 7:45 am)

Well, you can check out Edmunds True Cost to Own figures.
 
here is the STS v8
#1466 of 1530
Re: new v. used. [robbieg] by dtownfb
Sep 10, 2008 (8:55 am)
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Replying to: robbieg (Sep 10, 2008 7:45 am)

You should read this month's addition of Consumer Reports. They talk about the advantages of buying used over new.
#1467 of 1530
Re: new v. used. [qbrozen] by robbieg
Sep 11, 2008 (6:33 am)
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Replying to: qbrozen (Sep 10, 2008 8:44 am)

I did check out the TCO feature. Basically, I am debating about getting a new Accord or an off-lease Lexus ES 330. I was expecting a bigger drop in projected depreciation the first year for the Accord but it just wasn't there. I guess if you are buying a domestic car, it make much more sense to buy used than it does if you are buying a Honda.
#1468 of 1530
Re: new v. used. [robbieg] by jeffyscott
Sep 11, 2008 (7:26 am)
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Replying to: robbieg (Sep 11, 2008 6:33 am)

I guess if you are buying a domestic car, it make much more sense to buy used than it does if you are buying a Honda.
 
I think that is true. The pricing of used Hondas and Toyotas is (to me) ridiculously high.
 
But, even in the case of domestics or other supposedly faster depreciating cars, if you get a big discount and rebate it can also get to the point where new seems to be a better deal. One who get 25% off MSRP on a domestic will see less depreciation than one who only gets 15% off on the same car.

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