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Chronic Car Buyers Anonymous

15432 messages,  Last post on Dec 06, 2009 at 4:44 PM

You are in the Automotive News & Views Forum. Your Hosts are steve_ & claires

What is this discussion about? Car Buying


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#11900 of 15432
Re: Hmmmm [bumpy] by andre1969
May 08, 2008 (8:07 am)
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Replying to: bumpy (May 08, 2008 7:34 am)

I ran the numbers, and Edmunds says that a white Intrepid with 140k in average condition (assuming you get the stalling problem remedied) is worth just under $1000 private sale, while the Accord would be just over $2500.
 
So, say $1600 difference. That's actually fairly significant. However, I wonder how much of a price difference there would have been when the cars were new? I remember my Trep, a base model with no options, stickered for $20,950, including freight. I forget now what I paid for it. I just remember the out-the-door price was $22,389, including tax, tags, a $1200 extended warranty that I never had to use, and I got them to throw in a 12-disc CD changer. So strip all that off, and maybe I got it for $1K off? I could've gotten more off, but I went for the 0.9% financing.
 
I wonder what a comparably-equipped Accord would have sold for, back then? I'm sure with the 0.9% financing, I came out way ahead with the Trep, because I'm sure there's no way they were offering anything like that on an Accord back then!
 
In this case, if I had it to do over again I still would have gone with the Intrepid, because the Accord back then was too small for my tastes. In the intervening years though, the Japanese cars have grown just enough, at least in the dimensions I needed them to, to where that gap is pretty much closed.
#11901 of 15432
Re: How's this for a plan? [british_rover] by kyfdx HOST
May 08, 2008 (8:29 am)
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Replying to: british_rover (May 08, 2008 7:41 am)

I think in KY, trading in one used car for another, at a dealer, is the only time that you get a credit against the sales tax..
#11902 of 15432
300 by michaell
May 08, 2008 (9:59 am)
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Are you telling me that it's possible that my rental car has the 2.7L V6 in it?
 
Oy! No wonder acceleration feels so locomotive-like.
 
Andre, I admit I've been doing the same thing .. comparing the trade-in value of my L-series to the cars I was looking at .... Accord, Passat, Altima. While I saved a few thousand on the purchase price, I suspect that the difference in the trade in value is about that much less as well, 5 1/2 years later.
 
Not that I really am driving it that much. I filled it up last week and noticed that it had been almost 3 weeks since the last fill up. Nice to work from home in this era of $3.50 gas.
#11903 of 15432
Re: How's this for a plan? [kyfdx] by roadburner
May 08, 2008 (11:53 am)
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Replying to: kyfdx (May 08, 2008 8:29 am)

I think in KY, trading in one used car for another, at a dealer, is the only time that you get a credit against the sales tax..
 
That's right, and I will factor it into my decision to sell or trade. Since both cars have roughly equivalent auction values, I'm hoping that I can work the deal for an $2000 difference.
#11904 of 15432
Re: Hmmmm [andre1969] by lilengineerboy
May 08, 2008 (2:57 pm)
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Replying to: andre1969 (May 08, 2008 5:54 am)

My question: even with all the extra $$ off, would a GM car be cheaper over several years (with depreciation, etc) than a Honda or Toyota?
 
Yeah, maybe not, but with the way I hang onto cars, depreciation may not be that big of a point. For instance, would a 2000 Accord with 140,000 miles on it, dents and scrapes here and there, a tricky rear door lock, and an intermittent problem with stalling or just flat-out refusing to start and leaving me stranded at work, be worth much more than my 2000 Intrepid in similar condition?
 
It depends...the Honda likely needs a main relay, the Chrysler likely needs a cam position sensor, both are about $70 and depending on if you are a contortionist or not, can be put in by a lay person. The Honda's rear door needs lubricant...
 
It still depends on which would you rather have. I believe the resale value of the Accord is still considerably (at least a grand) more than that of the Chrysler.
#11905 of 15432
Re: How's this for a plan? [roadburner] by qbrozen
May 09, 2008 (8:46 am)
Reply

Replying to: roadburner (May 08, 2008 7:36 am)

Ah. I see they changed their offer recently. So is the 2.9 limited to only 36 months? The plan that expired at the end of april didn't include the first 2 payments, but the special rate applied up to 60 months. I also see the '04s are off the board, whereas those were included before.
#11906 of 15432
Re: How's this for a plan? [roadburner] by woodyww
May 09, 2008 (12:58 pm)
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Replying to: roadburner (May 08, 2008 7:36 am)

This is the 2005 325Ci w/50K miles? Miles aren't super low, & others urged getting one with the bigger engine. Still, it's not exactly giant $$, & if you've shopped around a lot, & really like the car.........well I'm totally biased towards bmw's......
 
Plus That $500 BMW CCA rebate check is so nice, when you get it, makes you feel good all over.
 
PS I'm sure you've factored in the snow tire aspect in KY.....
#11907 of 15432
Re: How's this for a plan? [woodyww] by kyfdx HOST
May 09, 2008 (1:05 pm)
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Replying to: woodyww (May 09, 2008 12:58 pm)

E46 325 with sport pkg and stick? Those are a blast!! I think they were rated for 0-60 in 7.1 seconds, so not slow..
 
Easy to find winter tire/rim packages, as well..
 
What's not to like?
#11908 of 15432
Re: How's this for a plan? [qbrozen] by roadburner
May 09, 2008 (3:26 pm)
Reply

Replying to: qbrozen (May 09, 2008 8:46 am)

So is the 2.9 limited to only 36 months?
 
That I don't know; I wish that it was 24 months-or 12 -so those two payments would be really significant.
#11909 of 15432
Re: How's this for a plan? [kyfdx] by roadburner
May 09, 2008 (3:53 pm)
Reply

Replying to: kyfdx (May 09, 2008 1:05 pm)

E46 325 with sport pkg and stick? Those are a blast!! I think they were rated for 0-60 in 7.1 seconds, so not slow..
  
Easy to find winter tire/rim packages, as well..
  
What's not to like?

 
That's my take on it. The car is fitted with my three "mandatory" options(not counting the Sports Package):
1. Manual transmission
2. Xenons
3. Heated seats
 
It should also post fairly decent fuel economy numbers as well. Of course, I'll also have to add a Conforti intake and Shark Injector...

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