Last post on Nov 20, 2013 at 9:45 AM
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Car Buying, Car Selling
#3087 of 3350 Re: Buying a Used car that was a multiple short term lease vehicle [verdugo]
Jan 15, 2013 (10:03 pm)
Thanks for the information. We haven't actually tried a carseat in the Q5 yet, we're planning to stop by the dealership this weekend to try it out. Again, we're only starting the process of looking so we're not dead set on the Q5. I posted my question mostly because of my inexperience with leases.
That said, I think we're having more issues with the Accord due to 1. height and 2. width
1. We have a Britax Marathon in the center of the backseats right now. Getting our 1 year old in and out is killing our backs because of the lower height of the Accord. We have to stoop pretty far down to put him inside. Once inside, we have to pick him up again to get him over the side of the carseat into the carseat itself. Because the Accord cabin height is lower, he sort of bangs his head during this maneuver.
2. Sometimes my wife sits in the back when the baby is having one of his meltdowns while driving (screaming at the top of his lungs for the duration of the drive). He typically calms down when she sits back there. This isn't all the time, but when she is sitting in the back, with the Marathon carseat in the middle, there's literally no room for her. Her inside arm ends up resting on the carseat edge and it's almost like an economy class airline seat.
3. We're planning on having baby #2 in the near future, so we're starting the car shopping process now.
Again, thanks very very much for your information, greatly appreciated.
#3088 of 3350 Re: Buying a Used car that was a multiple short term lease vehicle [ps004ynos]
Jan 16, 2013 (1:02 pm)
IIRC, from our recent looking, the Q5 was not all that roomy. I would say if yo uare planning on kid 2 soon, so 2 car seats, get something a bit roomier. Maybe MDX sized?
#3089 of 3350 Re: Buying a Used car that was a multiple short term lease vehicle [stickguy]
Jan 16, 2013 (3:38 pm)
I happened to drive behind an MDX today and the width did look roomier, at least from the outside. We already planned to test drive one soon. My wife's only concern is she has never driven an SUV before (this would be her primary vehicle) so hopefully maneuvering one isn't too challenging for her.
We'll probably look at the CR-V, Highlander, and Prius V as well. I have my doubts about the Prius V though, probably too small?
#3090 of 3350 Re: Buying a Used car that was a multiple short term lease vehicle [ps004ynos]
Jan 16, 2013 (3:42 pm)
Prius and CRV both too small.
Maybe the new Cmax hybrid? I have no idea how wide it is, but if its like the mazda5, its pretty roomy. At least easy to get kids in and out of. Too bad they don't have the sliding doors.
#3091 of 3350 Re: Buying a Used car that was a multiple short term lease vehicle [ps004ynos]
by kyfdx@Edmunds HOST
Jan 16, 2013 (3:44 pm)
Once you drive a Q5, X3, etc.. It will be hard to step back to the CR-V or RAV4. None of those models are large or hard to maneuver. Most women love the higher seating position. I know my wife does.
#3093 of 3350 Re: Buying a Used car that was a multiple short term lease vehicle [ps004ynos]
Jan 16, 2013 (7:45 pm)
Have you thought about a minivan??
I know, I know - who wants to drive a minivan? Nobody - at first. But once you live with one for a while and haul kids around, go on vacation with them, et al, you'll wonder what all the fuss was about.
We've had an Odyssey for 12 years now and although it's relegated to 3rd car status, it still gets used due to its superior ability to comfortably haul people and gear.
#3094 of 3350 Re: Buying a Used car that was a multiple short term lease vehicle [robr2]
Jan 16, 2013 (8:30 pm)
agreed about the van. We got our first when we had our 2nd kid, and only got out of a van a few months ago, when the Baby was turning 17 and could drive herself around!
#3095 of 3350 Trade or sell a car?
Jan 28, 2013 (10:56 am)
I may have a confusing question. I bought a 2011 Nissan Maxima in January 2011 through Nissan Motor Acceptace at 1.9% for 72 months. I owe about $18,850 on it. It's in near perfect condition, completely dealership maintained and has less than 21,000 miles on it. I'm wondering if I'd personally be better off making about 6 more payments and then trading it or should I try to sell it in 3-4 months, bank a couple of payments and get that loan off of my credit report for a couple of months and then just buy a new car? I know most of my payment each month is going toward the principal, so each payment I make will help.
There is nothing wrong with the Maxima and I love driving it--I'm just thinking about getting a car with a more functional back seat and doesn't use premium unleaded gasoline.
#3096 of 3350 Re: Trade or sell a car? [uga91]
Jan 28, 2013 (11:31 am)
I'm curious what kind of vehicles you are entertaining. I've driven a 2011 Maxima, and had an older model myself, and thought the back seats in both were fine. Certainly, there are cars with roomier back seats, including the Subaru Legacy I bought in 2011.
But if finances are an issue - and I'm guessing they are if you took out a 72-month loan - you pay sales taxes and registration fees every time you buy a car, and that can add up. Also, I understand that premium fuel costs a bit more than regular. But it looks like you drive about 11k miles per year. If premium costs 20 cents more per gallon and you are getting 25 MPG, that really adds up to only $88 per year.
And one more thing - when you trade a car, you will only get a wholesale price, whereas when you buy a car you are paying retail. In other words, if you sold and bought the same identical car, you would likely lose at least a couple of thousand dollars in the process. Add the wholesale/retail issue, sales taxes and other transaction costs, and you will come out far ahead by simply keeping your Maxima longer.
I know, buying a new car is exciting. But it is very costly to do so every couple of years. What you should really do is pay extra every month so you can pay off the car loan in two years. Then, keep the Maxima an additional two years and save the monthly car payments in a savings account. At that point - four years down the road - you will have a fully paid-off car and two years of payments in the bank as a down payment on your next car. Then, take out a 3-year car loan, keep the car six or seven years and pocket the monthly payments. Do that a couple of times, and you will have enough money to buy cars for cash with no loans.
The bottom line is if you need a 4-, 5- or 6-year loan to buy a car, you really can't afford the car and should look at something a lot cheaper.