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re: Anyone buying new car during these times?

Posted on 5/21/20 at 9:13 am to
Posted by Gorilla Ball
Member since Feb 2006
11867 posts
Posted on 5/21/20 at 9:13 am to
I thought about upgrading my current car, but it has several upgrades on it that a dealer won’t apply to current value ( I totally understand).
I would really like to get the higher even faster model (pre-owned), but my car has been paid off and it has low miles so I’ll probably won’t do anything.
I mean why get rid of a great car with no note to spend money on a little better car and have a note?
Posted by TigerFanInSouthland
Louisiana
Member since Aug 2012
28065 posts
Posted on 5/21/20 at 9:13 am to
Bought a brand new F150 STX 4x4 with the 0% for 84.

It promptly hailed a week and two days after driving her off the lot and my truck was sitting outside.

I was driving an extended cab 2000 Chevy Silverado 1500. With the wife finding out she’s pregnant with our first and the truck’s interior beginning to look like a 20 year old truck, it was time.
This post was edited on 5/21/20 at 9:18 am
Posted by ronniep1
Baton Rouge
Member since Mar 2016
402 posts
Posted on 5/21/20 at 10:11 am to
I believe 0% and up to 84 months is only for new cars. Respectfully, DO NOT buy your kid a new car. Think back to your first car . . . . did you scratch it? ding or dent it? maybe have an accident during the process of becoming an experienced driver? make a mistake in maintaining it? delay getting it serviced?

Based on the patterns and mistakes of many teen drivers, save yourself a wad of cash and look for a dependable used car. You, and your wallet, will be happier for it.
Posted by AUCE05
Member since Dec 2009
42583 posts
Posted on 5/21/20 at 10:28 am to
I have been trying to rid myself of cars
Posted by LSUAlum2001
Stavro Mueller Beta
Member since Aug 2003
47192 posts
Posted on 5/21/20 at 10:42 am to
I stopped buying new a while back. Too much depreciation as soon as you drive it off the lot.

I've gone certified pre-owned the last 15 years.
Posted by MSTiger33
Member since Oct 2007
20455 posts
Posted on 5/21/20 at 11:55 am to
Picking up the new lease tomorrow. XC60
Posted by OptionRight
Down da skreet
Member since Sep 2010
799 posts
Posted on 5/21/20 at 12:43 pm to
I would...if there was a “real” deal....to be had.
Posted by UnoDelgado
Covington
Member since Nov 2019
545 posts
Posted on 5/21/20 at 1:29 pm to
Find a sub $5k high mileage used car from a private seller. One teenage child totaled his first car the other kid got in 3 fender benders in 2 years.
Posted by Muff
The dirty south.
Member since Oct 2014
527 posts
Posted on 5/21/20 at 1:32 pm to
Negative.

Have quite a few purchases I'd like to make. Lack of confidence in job situation long term due to supply chain issues for business I work for.

No spending any cash until clearer skies.
Posted by notiger1997
Metairie
Member since May 2009
58490 posts
Posted on 5/21/20 at 1:36 pm to
Got a kid starting college this fall and we will need to get a vehicle. We had started pricing smaller SUVs a few months back and I think we can get what we want for around $14K.
Got nervous about the job situation so we've put it on hold.
Hopefully used prices come down some more and we can purchase in July.

The damn insurance is what's going to beat my arse.
This post was edited on 5/21/20 at 1:40 pm
Posted by catholictigerfan
Member since Oct 2009
56332 posts
Posted on 5/21/20 at 1:37 pm to
I bought a 4Runner right before everything went crazy. IDK if that means good timing or bad.

edit: it was a used car so to answer your question no.
This post was edited on 5/21/20 at 1:56 pm
Posted by jsquardjj
Member since Oct 2009
1320 posts
Posted on 5/21/20 at 2:07 pm to
You want to buy a 2011 Cadillac SRX? Great condition with 80k on it. 9k
Posted by CC
Smyrna, GA
Member since Feb 2004
14873 posts
Posted on 5/21/20 at 4:59 pm to
I would lease a car for a high schooler. The payments are low, if it’s wrecked, t doesn’t affect residual. She can save up to buy her own car when the lease is up or take over payments on the lease. You have a warranty for the duration of the lease as well as roadside assistance free of charge.
Posted by HamzooReb
Utah
Member since Mar 2013
12150 posts
Posted on 5/21/20 at 5:13 pm to
Get your kid an early to mid 2000s manual Jeep Wrangler. They are slow as Christmas so speeding won't be much of an issue.
Posted by htran90
BC
Member since Dec 2012
30189 posts
Posted on 5/22/20 at 7:52 am to
quote:

Anyone buying new car during these times?



Was trying to land this used audi S3 in texas, but the guy wouldn't budge as much as I'd like.

Now, trying to haggle on another used one the lot has
Posted by TigerintheNO
New Orleans
Member since Jan 2004
41296 posts
Posted on 5/26/20 at 3:36 pm to
With Hertz going bankruptcy, read they are expecting the used car market to take a big hit, over the next 8-10 weeks.
Posted by Commander Data
Baton Rouge, La
Member since Dec 2016
7289 posts
Posted on 5/26/20 at 3:45 pm to
Just bought my daughter a Malibu last week. I like it but the mpg isn't as good as I expected it to be.
Posted by X123F45
Member since Apr 2015
27590 posts
Posted on 5/26/20 at 4:05 pm to
If you want cheap, but a 1.5 gen nissan xterra.

Hall all of the hoses changed, belts, timing belt, water pump, valve cover gaskets and knock sensor under the intake.

It'll be under 4500 bucks and is good for 300k miles.
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