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Message
New Or Used Vehicle *Update*
Posted on 10/29/10 at 1:37 pm
Posted on 10/29/10 at 1:37 pm
Not really looking looking to buy a new vehicle right now. I was going to wait on a 2012 Avalanche, new body style coming out, but a super clean 08 just came up that I can buy for $31K without my trade in. Should I pull the trigger on the 08 or wait for the newer model, knowing it's going to be about $15K more?
This post was edited on 10/29/10 at 5:23 pm
9
Posted on 10/29/10 at 1:41 pm to HeadSlash
Just wait, if you bought this, sounds like you'd still want the 2012 truck.
Posted on 10/29/10 at 1:41 pm to HeadSlash
You'll get more value with the '08. I don't know if that's a factor for you in your decision.
Posted on 10/29/10 at 1:42 pm to EOT
work em down on the 08 price and pull the trigger-
Posted on 10/29/10 at 1:48 pm to HeadSlash
I'd never buy a new car unless I had so much money that price wasn't an issue. I see a car as a means of transportation only. For some people it's more than that. Nothing right or wrong really, just a matter of personal preference on what you want to spend your money on. I haven't had a car payment in 9 years - I'd rather spend that $350/month on something else. But for some people, they get $350 worth of gratification from the new car. Do what makes you happy -
Posted on 10/29/10 at 1:49 pm to HeadSlash
quote:
Avalanche
quote:
08
quote:
$31K
The frick? How much did that car cost new?
Posted on 10/29/10 at 1:51 pm to Chad504boy
quote:
Just wait, if you bought this, sounds like you'd still want the 2012 truck.
The new body style might be ugly.
I'd rather save the money.
quote:
work em down on the 08 price and pull the trigger-
Got the price from the owner of the dealership, I've bought 10 vehicles from them over the years.
He just called back, dropped it to $30K.
ETA: It's a fully loaded Z71 Model
No 8 track player
Update: They have offered me $5500 for my '03 Tahoe with 110K+ miles on it.
Might be too good of a deal to pass on.
This post was edited on 10/29/10 at 5:17 pm
Posted on 10/29/10 at 1:52 pm to TheHiddenFlask
over $40k
Posted on 10/29/10 at 1:53 pm to HeadSlash
$31k for a 3 year old vehicle???
That's absurd.
That's absurd.
Posted on 10/29/10 at 1:56 pm to WikiTiger
depends on how much you finance and what the difference in interest would be in buying a new versus used...should be able to get incentives on the new one that include a special interest rate..but buying used is typically a better angle only because the bulk of depreciation is on someone else
Posted on 10/29/10 at 1:58 pm to BDD16
quote:
buying used is typically a better angle only because the bulk of depreciation is on someone else
This is true. My current vehicle is a '07 I bought for $30k and as of today I have between $5-7k in equity without putting anything down.
Posted on 10/29/10 at 2:21 pm to BDD16
quote:
$31k for a 3 year old vehicle???
That's absurd.
Agreed.
quote:
depends on how much you finance and what the difference in interest would be in buying a new versus used...
No, it really doesn't at all.
quote:
..but buying used is typically a better angle only because the bulk of depreciation is on someone else
Yeah, that's the problem, 20% depreciation for the first 30% of the cars life is ridiculous.
Posted on 10/29/10 at 2:33 pm to HeadSlash
Thats way too high for the 08..
I was looking at the 2010 models that were 42k and they fell to 32k NEW at different points over this year due to incentives.
As I have said many times here look at what the rebates and dealer incentives are. In many cases it is cheaper to buy new than what people are asking for a used truck.
Its kinda messed up but the industry put themselves in that position to make sales.
I was looking at the 2010 models that were 42k and they fell to 32k NEW at different points over this year due to incentives.
As I have said many times here look at what the rebates and dealer incentives are. In many cases it is cheaper to buy new than what people are asking for a used truck.
Its kinda messed up but the industry put themselves in that position to make sales.
Posted on 10/29/10 at 2:44 pm to HeadSlash
You should be able to get a 2wd 2010 LT new for around 32600. There is a 5k rebate on them new.
3k rebate on 2011 models.
The 2 year depreciation from the 08 to the 10 is close to the same as the rebate.
That said I dont know if I would want to buy right before a model change. Plus the 5 year depreciation of the avalance is not so great at 19k.
3k rebate on 2011 models.
The 2 year depreciation from the 08 to the 10 is close to the same as the rebate.
That said I dont know if I would want to buy right before a model change. Plus the 5 year depreciation of the avalance is not so great at 19k.
This post was edited on 10/29/10 at 2:50 pm
Posted on 11/1/10 at 2:15 pm to HeadSlash
quote:
They have offered me $5500 for my '03 Tahoe with 110K+ miles on it.
They give you $8K for the trade and do $26K on the truck or you walk. Seriously, I've seen Red River Chevy here in Bossier asking $14K for '02 and '03 Tahoes.
ETA: Buyer's market, brah.
This post was edited on 11/1/10 at 2:16 pm
Posted on 11/1/10 at 5:12 pm to notslim99
quote:
They give you $8K for the trade and do $26K on the truck or you walk. Seriously, I've seen Red River Chevy here in Bossier asking $14K for '02 and '03 Tahoes.
Realistically, this is what it should take or I would feel like you are being screwed.
I echo THFs feelings.
Posted on 11/2/10 at 3:16 pm to lynxcat
The Chevy Avalanche will be discontinued after 2012.
Posted on 11/2/10 at 3:27 pm to HeadSlash
headslash...i will give you $5500 cash for that tahoe now!
no joke.
no joke.
Posted on 11/2/10 at 8:57 pm to Lou
quote:Yep. New car tonight. Made me happy. :jump1: :jump2:
Do what makes you happy -
Posted on 11/3/10 at 8:27 am to Catman88
The Z71 is usually a 4-wheel drive, which is heavier and doesn't depreciate as much. That's why it is more than just an 08 Avalanche.
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