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re: Help settle a family disagreement re: the looks of our new(2 us) car.

Posted on 6/19/17 at 12:12 pm to
Posted by VaBamaMan
North AL
Member since Apr 2013
7662 posts
Posted on 6/19/17 at 12:12 pm to
quote:

would also strongly consider a 2014 or 2013 Outback Premium or Limited


Their pricing is out of sight. 1 dealership had a 2012 premium and was asking $12,888.....it had 179,000 miles.


To really put it in perspective, we bought ours last Sept and paid $10,700 for it with 81,000 miles. Also wrapped some negative equity into it, so our total loan amount was $12,200.

We drove it 9 months, put 20,000 miles on it, and it had been in a minor frontal collision accident once before. Which should have dinged the value further.

When we got the insurance settlement we were flabber gasted, as it was for $11,900, and we only owed $10,900.

So despite us wrapping $1,500 in negative equity into it, they paid it off without invoking our gap coverage, and we still got a check back for almost $1,000. We drove it for a year, lost $300 from the loan total, and technically made $1200 on the price of the vehicle.
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