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47410 messages,  Last post on Nov 11, 2009 at 6:43 PM

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What is this discussion about? Car Buying


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#2612 of 47410
Re: This is [mac24] by tsgeisel
Jul 31, 2006 (11:50 am)
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Replying to: mac24 (Jul 31, 2006 11:21 am)

"I'm funny when it comes to money, especially mine, and I'm not rich."
 
Well, we expect that sort of behaviour from people who are not rich. But as some basketball players might scoff at a $5000 fine, they might also scoff at an extra $100 on a car's total price.
 
However, some of them also got rich by paying attention to every last dollar, and certainly *not* letting a spare $100 go by.
 
I'm certainly not rich, but there have been times when I've paid a premium price for something *here and now* rather than having to go out of my way and get it. So, the answer is, it all depends.
#2613 of 47410
BEWARE of buying from CarMax by jplyman
Jul 31, 2006 (12:03 pm)
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Hey everyone when I was looking at buying my Jeep in the Atlanta area - I looked at CarMax and caught them trying to pull a fast one past me. They entered all my information into thier computer along with my trade-in to see what my payments would be - well I started to look at the whole deal and I noticed that my payoff was $500 more than what Audi told me that day - I went home and called Audi again and my payoff was still $500 less than what CarMax had "Confrimed" in thier system -
 
Bottom line - make sure you know what your payoff is so you don't get ripped off!!!!
#2614 of 47410
Re: This is [mac24] by dc_driver
Jul 31, 2006 (12:14 pm)
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Replying to: mac24 (Jul 31, 2006 11:21 am)

"I'm funny when it comes to money, especially mine, and I'm not rich. I would think that it's even more important to a person when paying cash. An extra $100 might be justified as just a few cents more a month when buying on credit, but it's a real $100 when paying cash. You get the same amount of goods or services for $100 whether you're rich or poor."
 
If you look at the context of rovers story, the person was calling from out of town regarding a very expensive automobile. Rover's dealership offered her the best price and she calls back to complain about saving an extra couple hundred dollars? I guess my question is how much is your time worth? How much is the dealers time worth? If the person has to drive an additional 100-200 miles to save that money, is it really worth the effort (especially considering gas prices)? Call me crazy, but if I was going to drop 70K on a new luxury import, I would spend the extra $100-200 and buy from the most trusted local dealer.. There is something to be said from servicing your vehicle from the dealer you bought it from... I always try to get the best deal that I can when buying anything, but at some point you have to know what you are willing to pay and be happy.
 
Also, referring back to my story about the custom home, the person putting a $500 white generic refrigerator into nearly a $100K kitchen is going to lose money on the resale.. Kitchens are huge when it comes to selling a house.. So maybe they saved a grand or two on the refrigerator, but when they go to sell the house it will cost them..
 
Okay, back on topic...
#2615 of 47410
Re: BEWARE of buying from CarMax [jplyman] by lemmer
Jul 31, 2006 (12:28 pm)
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Replying to: jplyman (Jul 31, 2006 12:03 pm)

If your last payment has not been on record long enough to be "bounce-proof" they basically add it back to the payoff. Carmax mails the entire check to your finance company. It isn't like they put $500 in their secret ill-gotten dealer profit bank account. Your finance company would cut you a check for any overpayment. I've sold three cars to them, and had this work out that way all three times.
 
Maybe you should go back and revise your comments in the many places you posted this nonsense.
 
Why does everyone jump to conclusions and assume anything they don't understand is a ripoff?
#2616 of 47410
comparison shopping by advequityguy
Jul 31, 2006 (12:33 pm)
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him "I looked at a dodge charger. they affered to sell it at a $2000 discount. If you could do the same on this Mustang, I'll buy it. I'd rather have the Mustang."
 
me "How much is the MSRP of the dodge?"
 
him "34000"
 
me "so, you're willing to pay $4000 more for something you like less and has the resale value of spoiled milk?"
 
him "Well.........they're giving me a better discount."
 
me "enjoy your dooodge."
#2617 of 47410
great point by bretfraz
Jul 31, 2006 (12:36 pm)
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Also, referring back to my story about the custom home, the person putting a $500 white generic refrigerator into nearly a $100K kitchen is going to lose money on the resale.. Kitchens are huge when it comes to selling a house.. So maybe they saved a grand or two on the refrigerator, but when they go to sell the house it will cost them..
 
I'd think most people looking to buy a house with a $100,000 kitchen are wanting (demanding) the ultra-upscale amenities like custom built-in appliances. A $500 Sams Club fridge would probably turn off potential buyers as it's one more thing they have to upgrade to get the house the way they want it. If it were me as the buyer I'd certainly use that against the homeowner during negotiations and would wonder where else the cheapskate owner cut corners.
 
Too many people do not consider resale when they buy new. No matter if it's their "dream house" or "dream car", few people stay in them forever. So thinking of resale should be part of the buying process. You might think that car looks incredible in that Medium Mochachino Metallic but the rest of us know that's the color of poo and don't want to be seen near it.
#2618 of 47410
Re: great point [bretfraz] by tsgeisel
Jul 31, 2006 (12:51 pm)
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Replying to: bretfraz (Jul 31, 2006 12:36 pm)

Well, I don't think of the resale value because I plan on driving it until it's paid off, and then keep driving it some more. And I put a lot of milage on my car, so basically I'll be surprised if *any* car I buy has resale value if/when I trade it in.
 
In my brain "resale value" is one of the most over-rated new car selling points, just above floor mats, just below free oil changes.
#2619 of 47410
Re: great point [tsgeisel] by qbrozen
Jul 31, 2006 (12:55 pm)
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Replying to: tsgeisel (Jul 31, 2006 12:51 pm)

In my brain "resale value" is one of the most over-rated new car selling points, just above floor mats, just below free oil changes.
 
you are certainly not alone. How else would companies like Saab or Lincoln ever sell any vehicles if so many shoppers didn't overlook resale value?
#2620 of 47410
Re: Another Sales Story [moparchrisks] by bigdveedubgirl
Jul 31, 2006 (1:03 pm)
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Replying to: moparchrisks (Jul 31, 2006 8:59 am)

This is definently where I have an edge here in TX.
 
I sold in Pasadena California. It was the Most diverse area you could work in. Intellects at from CALTECH. Wanabees and aspiring actors. Gay Couples, Lesbian Couples. Old people. 30k a year millionaires. Every Ethnicity you can think of. And they are all buyers. They all have stories.
 
I had a Vietnamese Management team, and we would go eat PHO before our saturday meeting.
 
I can work with anyone and everyone is a buyer.
 
Brit Rover,
 
Sometimes I think we are one in the same, that is such a typical Audi Customer it is unreal.
 
I have learned to be a little more blunt with people because sometimes they just do not get it.
 
If that wench....I mean client called me back I would of just said
 
"We are done. Are you in or are you out."
 
Because 9 times out of ten people like that are pulling numbers out of their keysters and just are trying to grind you for every last penny. That is why I call their bluff.
#2621 of 47410
Re: great point [tsgeisel] by dc_driver
Jul 31, 2006 (1:32 pm)
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Replying to: tsgeisel (Jul 31, 2006 12:51 pm)

"Well, I don't think of the resale value because I plan on driving it until it's paid off, and then keep driving it some more. And I put a lot of mileage on my car, so basically I'll be surprised if *any* car I buy has resale value if/when I trade it in.
  
In my brain "resale value" is one of the most over-rated new car selling points, just above floor mats, just below free oil changes."
 
Yeah, but how many Americans buy a new car every 2-4 years?? I'll bet the sales force can chime in here, but I would venture to say that you are an atypical buyer. Out of about 30 people I work with closely at my company, I would venture to say that 70-80% have late model low mileage vehicles right now, and I would bet most of those will not keep them more than 2-5 years.
 
Me, I usually keep a car 4-5 years and for 40-50K miles. Resale does matter to me, and in some cases, there is a big difference between trying to sell a used Honda/Toyota vs a used Kia/Suzuki..
 
I do agree with you that if you drive your vehicle into the ground (say 10 years, 120K miles) resale is not as much as a factor. But let's face it, you are probably the minorty..

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