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Message
re: I can’t help but think a lot of people driving newer cars with upside down loans
Posted on 5/11/24 at 12:44 am to greenbean
Posted on 5/11/24 at 12:44 am to greenbean
quote:
Check a Camry/Accord/Civic. Can buy a 2024 for less than $30k. You can other vehicles for that price, but they ain't gonna roll for 15 years/300k trouble free miles.
Bought a brand new civic in mid 2000s. Had nothing but issues. Ended up having at least two lawsuits filed because of the problems that Honda agreed to pay. Then later not long after it hit 100k miles, the block got a crack in it. All the maintenance was done regularly on it.
During that time Honda was criticized for their usual high quality sinking. Stayed away from them since then. Car before that was a Nissan SUV. Sure enough transmission went out at 130k miles. Engine ran strong long after.
Funny enough, my old man has a late 90s Chevy truck that’s has close to 400k miles on it. Never had any major engine issues.
This post was edited on 5/11/24 at 12:59 am
1
Posted on 5/11/24 at 2:52 am to Asharad
quote:
2012 Acura is still a nice car.
Posted on 5/11/24 at 2:58 am to PeteRose
gotta keep up with the Joneses
Posted on 5/11/24 at 6:16 am to nbern2022
quote:
one time she showed us the invoice for a Tahoe that was sold for 47K but the actual dealership price was $19375. Thats how much they are raping people with these vehicles
She is lying. .
Posted on 5/11/24 at 6:36 am to PeteRose
quote:
upside down loans
< paid cash for a 2023 F150 STX
I work from home and only put about 5,000 miles a year on a vehicle, this one should last me 15-20 years.
Posted on 5/11/24 at 6:53 am to bamabkj
quote:
Mazda is cheap on steel quality
I have a Mazda RX8 and have had many Toyota's. Toyota are superior but the steel isn't want makes them better.
Posted on 5/11/24 at 8:09 am to Lsupimp
quote:
I feel judged by those who drive high status vehicles, as if I’m not part of The Club.
Consider who is doing the judging. Some of the most brand-conscious people I know are wannabes and posers, or first generation money that will probably not translate to second. Not the type of folks you want to measure yourself against.
On the other hand, some of the most driven and awesome achievers I know, as well as the long term money guys, they may or may not drive something really nice but they keep it quiet. Measure yourself against those people and learn from them. They are sometimes quite willing to mentor and guide.
Also driving a 10yo Acura is how you move up. Reliable nice car, deprecation already happened. Rock on man.
This post was edited on 5/11/24 at 8:12 am
Posted on 5/11/24 at 8:12 am to Sofaking2
quote:
You won’t pay 47K for a used RAV4 with 30K miles on it,
I was considering a hybrid with 18k miles for $36k.
Posted on 5/11/24 at 8:14 am to BuckyCheese
quote:
Having grown up around the car business I wholeheartedly agree with this statement.
yeah, when I was in the car business, the dealership was fairly straight up. We werent allowed to lie. A good dealership, the salesman is more consulting than high pressure.
The saying among salesmen is "buyers are liars" and that is absolutely true.
Posted on 5/11/24 at 8:21 am to RogerTheShrubber
Big difference between salesman and the financial manager who hides behind a screen in the back office.
Posted on 5/11/24 at 10:40 pm to Townedrunkard
quote:
Funny enough, my old man has a late 90s Chevy truck that’s has close to 400k miles on it. Never had any major engine issues.
Those 90s to early 2000s Silverados were great. I had one that had around 300k on it when I traded it. Whey didn't chevy just keep using that engine/transmission?
Posted on 5/11/24 at 11:10 pm to Dawgfanman
CVT’s also used in one of Japan’s military tanks.
Also used in a lot of yellow iron heavy construction equipment
Also used in a lot of yellow iron heavy construction equipment
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