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Buying New vs. Used Vehicles

161 messages,  Last post on Mar 11, 2013 at 10:06 AM

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What is this discussion about? Car Buying

Messages Page 14 of 17

#124 of 161 Re: Buy my lease jeep or get the new one [kirstie_h] by fezo

Mar 28, 2010 (5:21 pm)

Replying to: kirstie_h (Mar 28, 2010 3:29 pm)
Yeah, we'd need to know more.
 
As a rule slightly used is always better but someoen has to buy the new stuff to keep us cheapskates supplied.
 
I just picked up an 07 Camry with loads of the bells and whistles on it for less than a new stripper. Sure it already has its first scratch and then some but it is in wonderful shape and I'm expecting many years out of it.
 
Disclaimer: I have bought new vehicles; it's just that most of the time I go the used route.

#125 of 161 Re: Buy my lease jeep or get the new one [kirstie_h] by freet3

Mar 29, 2010 (4:40 pm)

Replying to: kirstie_h (Mar 28, 2010 3:29 pm)
the term for my 2007 jeep is 5 years The new jeep is 2010 unlimted sport islander and the mrsp is 30,000.the dealer is taking off 3,200.the new loan is for 60 months

#126 of 161 Re: Buy my lease jeep or get the new one [freet3] by fordfool

Mar 29, 2010 (5:01 pm)

Replying to: freet3 (Mar 28, 2010 10:53 am)
You can shop around for financing on the lease buyout. You don't have to take the dealer's rate. If you go this route you will OWN the 2007 Sahara. It will be yours.
 
If you choose to lease a new Sahara, then at the end of the lease period you will own a bill for turning back the lease and nothing else.
 
Are the number of months on the buyout and a new lease the same?

#127 of 161 Re: Buy my lease jeep or get the new one [fordfool] by freet3

Mar 29, 2010 (5:20 pm)

Replying to: fordfool (Mar 29, 2010 5:01 pm)
the new jeep islander is a buy not a lease.the rate to buy my leased jeep sahara is 8.4

#128 of 161 Re: Buy my lease jeep or get the new one [freet3] by dtownfb

Mar 29, 2010 (6:29 pm)

Replying to: freet3 (Mar 28, 2010 10:53 am)
The difference between the two loans (2007 vs. 2010) is about $3,500. One thing you have to factor into the 2007 is the cost of the lease. Even though you aren't paying that money going forward, it has to be factored into the total costs. Basically you are paying the 3 year lease plus the 5 year loan on the 2007.
 
Also remember that at the end of the loans, you will have either a 8 year old car or 5 year old car. Either way the 2010 is the better value,
 
Good luck.

#129 of 161 Toyota New, Used, CPO & warranty by podunk1

Nov 07, 2010 (4:58 pm)

Researching 2010 RAV4 and have found a few with similar prices, the new is ~2k-3k more, (the 2011 is even more). I wanted low mileage (varies from 6k-15k) used, but am confused about the warranty.
 
Does the original 3yr/36k bumper to bumper transfer with the vehicle?
Or do I only get the 3month 3k with the CPO from a dealer? One of my options is thru a private seller, but it seems a big risk if there's no warranty on a 1 year old car that costs almost as much as new. (all are ~$20k+..hey, it's alot to me!)

#130 of 161 Re: Toyota New, Used, CPO & warranty [podunk1] by jipster

Nov 09, 2010 (12:14 pm)

Replying to: podunk1 (Nov 07, 2010 4:58 pm)
Does the original 3yr/36k bumper to bumper transfer with the vehicle?
Or do I only get the 3month 3k with the CPO from a dealer?
 
The original manufactures 3 year/36k mile warranty transfers. Dealerships will often add the CPO to their "newer" used cars. The high resale value of Hondas and Toyotas make them poor choices for used car buys. I'd buy new.

#131 of 161 I'd buy used by carbuyhelp

Nov 10, 2010 (5:37 pm)

If you are a smart car buyer and you know how to check the vehicle pretty well, you can get the best used vehicle. There are certain precautions you need before buying a used car and it's worth all that when you can get it cheaper than a brand new one.
 
Also buying used will make you experience other models as you can sell them again. Just keep them clean and well-maintained so the value will not depreciate that much. As human beings, we have the tendency to grow bored of something in the long run.

#132 of 161 press request by kirstie_h HOST

Nov 16, 2010 (6:41 am)

A reporter wants to interview a recent carbuyer who considered new and used, and decided on new because the deal was better. Please email predmunds.com by Nov 17, 2010 with your brief story and your daytime contact info.
Thanks,
Jeannine Fallon
Corporate Communications
Edmunds.com

#133 of 161 My advice by oldfarmer50

Nov 16, 2010 (5:27 pm)

Honda--new
 
Kia-used
 
Toyota-new
 
Chrysler-used
 
Nissan-new
 
Hyundai-used
 
Audi-new
 
BMW-leased
 
Almost anything else buy used as a 3 y/o used car will save you 40-50% off new.

Messages Page 14 of 17

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