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3262 messages,  Last post on Jun 19, 2013 at 8:13 PM

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What is this discussion about? Car Buying, Car Selling

Messages Page 317 of 327

#3157 of 3262 Re: Seashells...not by the seashore [clutch13] by Kirstie@Edmunds HOST

Mar 14, 2013 (8:58 am)

Replying to: clutch13 (Mar 13, 2013 5:10 pm)
Well, it's probably good that they didn't bother to clean off the seashells - otherwise, you might never have known. The Jeep could have been previously owned by someone who did live near the sea. In addition to the storm possibility you mentioned, it could also be that the previous owner, for whatever reason, did some off-roading on the beach.

#3158 of 3262 Folding body damge into new lease price by melech37

Mar 20, 2013 (4:21 pm)

My lease is almost up on my VW Jetta. According to the dealer's body shop It will cost approx. $1400 to fix some dents, etc. I don't want to go to my insurance company because of a) large deductable and b) my rates will go up. If I lease a new car from my dealer, can I negotiate the new lease price to include the $1400 as part of the monthly lease payments? Any problems with this approach?

#3159 of 3262 Re: Folding body damge into new lease price [melech37] by kevinc5

Mar 20, 2013 (5:25 pm)

Replying to: melech37 (Mar 20, 2013 4:21 pm)
You may see much better numbers and be able to negotiate with the dealer if you get an estimate from an independent body shop.

#3160 of 3262 Re: Folding body damge into new lease price [kevinc5] by melech37

Mar 20, 2013 (6:11 pm)

Replying to: kevinc5 (Mar 20, 2013 5:25 pm)
OK, good advice and I will get an indy shop estimate. But the question remains: Can i take that estimate, go to the dealer, and fold that estimate into the lease price?

#3161 of 3262 Re: Folding body damge into new lease price [melech37] by qbrozen

Mar 21, 2013 (5:30 am)

Replying to: melech37 (Mar 20, 2013 6:11 pm)
yes. they'll just up the selling price by that amount. no problem for them at all.

#3162 of 3262 Re: Folding body damge into new lease price [melech37] by karhill1

Mar 21, 2013 (5:30 am)

Replying to: melech37 (Mar 20, 2013 6:11 pm)
You can negotiate anything with the dealer. The dealer will, however, be limited to what the lending institution is willing to finance, purchase price or capitalized cost. Any amount over that will have to be made up with cash.
 
The dealer does not set financing as that is done solely by the lending institution. The financing institution will tell the dealer the amount it will lend and the rate at which it will lend. The dealer can pad the rate a bit to increase its reserves. That is why you need to research what financing you qualify for before visiting the dealer. Smart buyers do not expect full disclosure from the dealer for financing matters.

#3163 of 3262 Need a car but only need it for 1 year by rlt68

Mar 21, 2013 (11:51 am)

I only get to stay 1 year or so here in Honolulu. But I badly need a car. Do I rent (which is expensive)? Or do I buy used and sell it later? Do I buy from owner or dealer?
 
What is the best option?
 
Thanks.

#3164 of 3262 Re: Need a car but only need it for 1 year [rlt68] by Kirstie@Edmunds HOST

Mar 21, 2013 (12:09 pm)

Replying to: rlt68 (Mar 21, 2013 11:51 am)
In my opinion, you should find a cheap used car that holds its value well, like an older Civic or Corolla. Buy it from a private party. As long as you continue to maintain it over the year and don't beat the heck out of it mileage-wise, it shouldn't lose much, if any value in a year.

#3165 of 3262 Re: Need a car but only need it for 1 year [rlt68] by qbrozen

Mar 21, 2013 (12:44 pm)

Replying to: rlt68 (Mar 21, 2013 11:51 am)
Kirstie's is the cheapest overall suggestion. but if you don't have the cash to lay out up front for the car, it can complicate things. You also, of course, have to worry about selling in time for your departure. Another possibility is to check swap-a-lease or leasetrader for vehicles in your area that fit your needs and time constraints.

#3166 of 3262 Re: Need a car but only need it for 1 year [qbrozen] by Kirstie@Edmunds HOST

Mar 21, 2013 (1:34 pm)

Replying to: qbrozen (Mar 21, 2013 12:44 pm)
True. I'm not sure why a non-cash purchase hadn't crossed my mind, but it didn't! A lease takeover is a really great option if a purchase would need to be financed.

Messages Page 317 of 327

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