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48008 messages,  Last post on Nov 30, 2009 at 8:39 PM

You are in the Smart Shopper Forum. Your Hosts are kirstie_h & tidester

What is this discussion about? Car Buying


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#2622 of 48008
Re: great point [bretfraz] by snakeweasel
Jul 31, 2006 (1:34 pm)
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Replying to: bretfraz (Jul 31, 2006 12:36 pm)

Too many people do not consider resale when they buy new.
 
Resale value should not really be considered unless it is to break a tie between two or more cars that one is interested in. To often higher resale values are paid for by higher up front costs. Yes you have a $2,000 higher resale value for car 'A' but you paid $2,500 more for it. Secondly it doesn't pay to get the car that has a higher resale value if you compromise on what you want. "Oh sure I hate the car but look at the resale value."
 
Plus the longer you keep the car the less a higher resale value is a factor.
#2623 of 48008
Re: great point [dc_driver] by snakeweasel
Jul 31, 2006 (1:39 pm)
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Replying to: dc_driver (Jul 31, 2006 1:32 pm)

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
 
A couple of thousand work in my building and going through the parking lot I would say that its a pretty even spread between new to 10+ years. Even have some that date back to the 80's. Most people I personally know put at least 100K on them before the get rid of them. I know some that trade every couple of years, but thats a minority.
#2624 of 48008
Re: comparison shopping [advequityguy] by cluedweasel
Jul 31, 2006 (1:46 pm)
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Replying to: advequityguy (Jul 31, 2006 12:33 pm)

You wouldn't believe how amny times I used to run into this one. People would go and buy more expensive cars that they didn't like as much because of bigger discounts or, more usually, rebates.
I guess it's down to the perception of a "deal". To a lot of people a large amount off the MSRP is of more value to them than resale or actually owning a car they like.
#2625 of 48008
Re: comparison shopping [advequityguy] by capitano
Jul 31, 2006 (1:46 pm)
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Replying to: advequityguy (Jul 31, 2006 12:33 pm)

So did you say dooodge like a drawn out Dodge or dooodge with the oo sound like dude?
#2626 of 48008
Re: This is [mac24] by jack47
Jul 31, 2006 (2:11 pm)
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Replying to: mac24 (Jul 31, 2006 11:21 am)

....If I ever become rich, I doubt that I'll consider money to be worth less to me than it is now....
 
So true. I, for one, grew up in a family of four who lived in a a one bedroom walk-up apartment for many, many years.
 
Now, I'm in the top one percent of the population relative to income...and, while certainly not cheap, I watch the pennies.
#2627 of 48008
Re: comparison shopping [capitano] by advequityguy
Jul 31, 2006 (2:20 pm)
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Replying to: capitano (Jul 31, 2006 1:46 pm)

OO with the wide "u" shaped symbol over it. As in "dude".
#2628 of 48008
Re: BEWARE of buying from CarMax [lemmer] by imidazol97
Jul 31, 2006 (4:16 pm)
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Replying to: lemmer (Jul 31, 2006 12:28 pm)

>nonsense.
 
????
What Carmax should have done is explain they're covering their rump by overcharging and you'll get the money back from the loan company later if you haven't bounced a payment or skipped the last payment. A little explanation would go a a long way. I'd react the same way and wouldn't go back, after I let them know what I'd caught them doing.
#2629 of 48008
Re: This is [british_rover] by mazda6iguy
Jul 31, 2006 (4:55 pm)
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Replying to: british_rover (Jul 31, 2006 8:31 am)

british_rover...
 
Would you say that the image that some people have about Range Rover has changed since Ford bought them out?
#2630 of 48008
Re: This is [mac24] by mazda6iguy
Jul 31, 2006 (4:59 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.
 
I have a friend who is hoping to scrape enough money together for a new Base Cobalt, and hopes to trade in her 1994 Cavalier. She counts every dollar like it is her last, so to her she is 'funny' when it comes to her money.
#2631 of 48008
Re: This is [mazda6iguy] by mark156
Jul 31, 2006 (5:42 pm)
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Replying to: mazda6iguy (Jul 31, 2006 4:55 pm)

Would you say that the image that some people have about Range Rover has changed since Ford bought them out?
 
mazda6guy... I don't know what British_Rover will say but it made a difference for me when I decided to buy a Land Rover (2006 LR3 HSE). I figured that the quality would be better than in the past which it appears to be true. I have had not one bit of trouble with mine in 8 months of ownership.
 
I have never owned a Land Rover before and traded in my 2002 Mercedes ML500 for it and I'm very pleased.
 
Mark156

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