- My Forums
- Tiger Rant
- LSU Recruiting
- SEC Rant
- Saints Talk
- Pelicans Talk
- More Sports Board
- Fantasy Sports
- Golf Board
- Soccer Board
- O-T Lounge
- Tech Board
- Home/Garden Board
- Outdoor Board
- Health/Fitness Board
- Movie/TV Board
- Book Board
- Music Board
- Political Talk
- Money Talk
- Fark Board
- Gaming Board
- Travel Board
- Food/Drink Board
- Ticket Exchange
- TD Help Board
Customize My Forums- View All Forums
- Show Left Links
- Topic Sort Options
- Trending Topics
- Recent Topics
- Active Topics
Started By
Message
buying a new vehicle
Posted on 5/13/14 at 7:34 am
Posted on 5/13/14 at 7:34 am
Haven't done this in a while. Aren't there some websites that give dealer invoice prices on new vehicles?
This post was edited on 5/13/14 at 7:35 am
1
Posted on 5/13/14 at 7:38 am to tacotiger
don't do it. unless you like pissing away money but certified used and let someone else take the depreciation hit.
Posted on 5/13/14 at 7:40 am to Napoleon
and interest rates are higher on used vehicles, correct? And possible the cost of extended warranty since it is being purchased on a used vehicle.
Posted on 5/13/14 at 7:47 am to tacotiger
I just purchased a car from offleaseonly.com and they had people flying in to buy cars. I meet one guy from Houston on the lot. check it out
Posted on 5/13/14 at 7:50 am to Napoleon
quote:
don't do it. unless you like pissing away money but certified used and let someone else take the depreciation hit.
The validity of this statement really depends on the vehicle the OP is looking for. So OP, what are you looking to buy?
Posted on 5/13/14 at 7:53 am to LNCHBOX
quote:
The validity of this statement really depends on the vehicle the OP is looking for. So OP, what are you looking to buy?
oh come on
who doesn't like blanket statements
Posted on 5/13/14 at 7:56 am to LNCHBOX
Buick Enclave. And regarding depreciation hit, I typically run my vehicles for 10 years so depreciation is not an issue. I will probably re-think this and replace vehicles based more on the life of the extended warranty. Without that the risk of having to repair all this expensive electrical crap after warranty expires is to great.
Posted on 5/13/14 at 7:57 am to Napoleon
quote:
buy certified used and let someone else take the depreciation hit.
Posted on 5/13/14 at 7:59 am to tacotiger
truecar has some good info, but it doesnt provide a specific invoice price
if you go with an extended warranty, shop around....i know ford allows you to purchase your ford extended warranty from any dealer...some even sell them online at cost
not sure about GM
if you go with an extended warranty, shop around....i know ford allows you to purchase your ford extended warranty from any dealer...some even sell them online at cost
not sure about GM
Posted on 5/13/14 at 7:59 am to tacotiger
quote:
and interest rates are higher on used vehicles, correct?
My mom bought a new Tahoe in November. I bought a '13 model truck with 15k miles on it...same interest rate.
quote:
And possible the cost of extended warranty since it is being purchased on a used vehicle.
Dont buy that shite.
Posted on 5/13/14 at 8:01 am to tacotiger
quote:
expensive electrical
Not all warranties cover that. We had to purchase an extra "technology" warranty on my wife's Hyundai to cover the computers and such.
They did throw in "free" oil changes with it to sweeten the deal.
Posted on 5/13/14 at 8:02 am to tacotiger
quote:
Posted by tacotiger and interest rates are higher on used vehicles, correct? And possible the cost of extended warranty since it is being purchased on a used vehicle.
Certified frequently offers the same rates as new. I'm paying 0.9% on mine
Posted on 5/13/14 at 8:02 am to lsuhunt555
Only once have I have had an extended warranty on a vehicle that didn't easily pay for itself.
Other crap, no extended warranty.
Other crap, no extended warranty.
Posted on 5/13/14 at 8:03 am to tacotiger
Your best bet to establish the kind of deals you can get is to see what they sell for in the high volume Texas markets (Dallas, Houston). I use Autotrader to search by make model and trim level. From there, you have an idea of what kind of deal should be attainable in your local area, or at worst you can drive and get it in Texas. Usually the Texas prices are hard to beat, but if you're a good negotiator you may be able to.
Edmunds, trucar, and similar sites will let you get an idea of the invoice price.
Lastly, if you actually keep vehicles for 10 plus years, I see no issue with buying new. You want to know the car will last and is properly maintained from the get go, as well as having the full balance of the warranties.
Edmunds, trucar, and similar sites will let you get an idea of the invoice price.
Lastly, if you actually keep vehicles for 10 plus years, I see no issue with buying new. You want to know the car will last and is properly maintained from the get go, as well as having the full balance of the warranties.
Posted on 5/13/14 at 8:04 am to Bullfrog
i only bought an extended warranty one time, and it did pay for itself....but now I don't really like to hold on to vehicles for too terribly long, so I skip out on them
Posted on 5/13/14 at 8:07 am to Bullfrog
quote:
Only once have I have had an extended warranty on a vehicle that didn't easily pay for itself.
The F&I guy was desperately trying to get me to buy one on my truck. I did quick math in 5 years, I would have paid ~$4500 for the warranty. In 5 years, save that money in case something breaks and you can pay for it yourself rather than just give it away in case something happens.
Posted on 5/13/14 at 8:08 am to Croacka
Gotcha.
I tend to keep my vehicles long after they are paid for and run the extended warranties to 5 years 100,000K.
I tend to keep my vehicles long after they are paid for and run the extended warranties to 5 years 100,000K.
Posted on 5/13/14 at 8:10 am to Napoleon
quote:
don't do it. unless you like pissing away money but certified used and let someone else take the depreciation hit.
With new cars having rebates on many models its really WAY more intelligent to check than to just assume that used is a better choice. I paid the same amount for my truck new that a similar model 2 years older was selling for with 24k miles. If I were to compare the same money spent today my truck is valued at 4k more than the other truck would be and the other truck would be closer to 100k miles.
This post was edited on 5/13/14 at 8:13 am
Posted on 5/13/14 at 8:12 am to lsuhunt555
quote:
In 5 years, save that money in case something breaks and you can pay for it yourself rather than just give it away in case something happens.
I know myself too well. If I had $4500 in a reserve account, that would be squandered on a vacation. Then when the car broke, out of pocket again. So I prefer the extended warranties on my vehicles to avoid expensive repairs while its being paid for and a bit afterwards.
This post was edited on 5/13/14 at 8:13 am
Posted on 5/13/14 at 8:12 am to lsuhunt555
I have never not gotten more than my monies worth out of extended warranty
Page 1 of 2
Back to top
Follow TigerDroppings for LSU Football News