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We thought we picked out an SUV....but we are having doubts

63 messages, Last post on Aug 06, 2009 at 9:28 AM
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Replying to: mae7 (Jan 17, 2009 4:09 pm) You're thinking right. The value when you drive it off will be no more than Private party value in kbb.com Even that is more than they will give you on trade. I'm assuming that is this is only $7000 less than msrp that it is striped. That does not sound like a good deal. I ended up leasing, not sure if I wanted to own long term and then have to figure out how to dump it if gas stayed up. My first lease and I was surprised. Since the money factor on the lease was almost at 0 percent, I leased for two years and the residual, or the price I can buy it for is cheaper than what I would have owed on the SUV had I bought it up front. I ended up leasing and now I can walk away if it is not what I want or I can buy it. Cheap. It was a $47,000 msrp. I got the Xplan pricing and rebates and had a capital (buy) price of about $38,000. (They got even cheaper later). My purchase price in 2 years is $23,000. I think that is a great price if I'm still in the mood to own it, but I have the option to walk away. I have been looking on ebay and other sites at the 07 prices which should be what my 08 will be worth in another year (probably). The 07's can be had for under $20K The biggest problem I see buying used is dealing with a dealer. It seems that if a vehicle has a trade value of $15K (which is all they will pay for a trade) then the private party value is around $18 and then "Retail" will run arounf $21K to $23K. The trick is to purchase a good one from someone you know and trust. If you buy one still on warranty then I see no reason to pay a dealer a premium. Their "certified" used vehicles are preced even higher. Hey, it's still on warranty! I belive dealers will be focussing on used vehicles more and more to survive the next year so I'm sure they will want to gouge people. If you want to know though the maximum a dealer has in a vehicle it will be the used "fair" condition kbb trade value. I don't care what papers they show you they just don't pay a premium for nice cars. They don't want to put more in them than what they can go to the auction and get them for but they will go high trade if you're dealing on a new one and they want to sell. If they show you a higher trade, there is a good chance they have made up on it with the discount on the pricing of the new vehicle. |
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Replying to: warwickmon (Jan 19, 2009 11:15 pm) I tried downsizing to a 4Runner when the kids left. However they would ride places with us often and since my son is 6'4" my wife would ride in the back. She has a bum knee so I ignored her complaints. Finally I got tired of hearing her gripe and I said you drive, I'll ride back there. It was aweful. No foot room, the seats were low and my knees were up high. I also have a 4Runner for a company vehicle. I think it is head and shoulders the best mid size SUV out there. BUT if you have larger teen aged kids the 4Runner should be considerd child cruelity, You'll love the Sequoia for the family as they grow. I have found now though that the Highlander (I have the Hybrid) is also pretty spacious and has a great second row seat for 2 people. I'll get 23 to 26 mpg so over the years this will be a whole lot cheaper to operate and meets the needs of a smaller family |
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Replying to: wvgasguy (Jan 30, 2009 3:39 pm) FYI, the seats fold flat in the Sequoia both the 2nd and 3rd rows. The 3rd row folds electrically in the Platinum and is an option on the Ltd.
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Replying to: hdfatboy (Jan 31, 2009 4:11 pm)
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Replying to: warwickmon (Feb 03, 2009 2:18 pm) After having it 30 days so far I would have much preferred the bench.
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I have had my Limited for about 30 days so far and I just noticed that the "range" reading had changed from when I first bought the truck. I remember the first few fill ups showing that I could go roughly 380 miles on a full tank. Now when I fill up it says 285 miles on a full tank. That is only 10mpg......I commute to work about 25 miles each way and my trip computer says I'm averaging around 14. Why does the range not match up with the avg fuel economy? Has anyone else noticed this?
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Replying to: mikey13170 (Feb 03, 2009 3:20 pm) Why does the range not match up with the avg fuel economy? Has anyone else noticed this? " How are you measuring your range? One of the things you need to get used to is that the Sequoia shows E with 5-6 gallons still left in the tank. You probably have 80-100 miles still left in the tank when it reads Empty. Next time you fill up you'll see that it rarely takes much more than 20 gals when the guage first reads E. Next time you fill up, subtract the amount of gals you buy from 26.4. Now take the difference and multiply the remaining gallons times the MPG on the trip computer...you just found your remaining fuel mileage range.
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Replying to: hdfatboy (Feb 03, 2009 5:22 pm) I guess it comes down to the computer re-calibrating itself based upon the driving style or average fuel economy. Just wish I could get the posted 14 mpg it says I should get........not seeing it at all even driving conservatively.
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Replying to: mikey13170 (Feb 08, 2009 8:21 am)
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Replying to: hdfatboy (Feb 09, 2009 5:25 pm) |
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