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re: Spinoff thread: What do you consider getting ripped off when buying a car?
Posted on 3/23/14 at 10:27 am to shawnlsu
Posted on 3/23/14 at 10:27 am to shawnlsu
quote:
My truck makes me $.25/mile profit on average and I drive 3K-4K miles per month. Its not much but its better than costing me money
I have a real POS car I got for 3500 in 2011. I've made at least 15k in tips and 16k in wages in almost 3 years at the pizza parlor.
2
Posted on 3/23/14 at 10:48 am to mikelbr
If you can afford to, I don't see why you wouldn't want to buy new. I get you can save a couple thousand with pre-owned, but why not get something you know has never been driven before and you know the exact history of anything ever done with/to it.
I bought new in early 2013 and after I pay it off, I plan on going to trade it in towards something else new in order to keep my maximum value rolling. Not to mention, that would allow me to have a relatively new car at all times with an exponentially less chance of needing major repairs.
To me, you'll save a ton if you pay a car off in full and ride it "til it blows up" as they say, but then you have minimum trade in value left and the money you saved you'll most likely be forking right over in a down payment on your next car.
I bought new in early 2013 and after I pay it off, I plan on going to trade it in towards something else new in order to keep my maximum value rolling. Not to mention, that would allow me to have a relatively new car at all times with an exponentially less chance of needing major repairs.
To me, you'll save a ton if you pay a car off in full and ride it "til it blows up" as they say, but then you have minimum trade in value left and the money you saved you'll most likely be forking right over in a down payment on your next car.
This post was edited on 3/23/14 at 10:49 am
Posted on 3/23/14 at 10:53 am to mikelbr
LOL, some people can't think for themselves.
Everyone knows the benefits of buying new vs buying used. There are situations where buying new is the right move for the customer. Some cars hold their value extremely well. Or you can buy a lemon that ends up breaking down every other month. We've all seen both situations. You can make good new car purchases and poor used car purchases.
To answer the OP, I don't think there's such a thing as getting ripped off as long as comfortable during the buying process and you're buying within your means.
Everyone knows the benefits of buying new vs buying used. There are situations where buying new is the right move for the customer. Some cars hold their value extremely well. Or you can buy a lemon that ends up breaking down every other month. We've all seen both situations. You can make good new car purchases and poor used car purchases.
To answer the OP, I don't think there's such a thing as getting ripped off as long as comfortable during the buying process and you're buying within your means.
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