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Started By
Message
Anyone buying new car during these times?
Posted on 5/20/20 at 9:41 pm
Posted on 5/20/20 at 9:41 pm
Not an OT baller, need to get something for my high schooler before August.
Lots of deals out there 0% and up to 84 months to pay, what you guys buying??
Lots of deals out there 0% and up to 84 months to pay, what you guys buying??
Posted on 5/20/20 at 9:47 pm to MIKEDATIGER
Can’t get that 0% on a 4 Runner up in the Port City area I found out - and they aren’t coming off the price since inventories are low
Posted on 5/20/20 at 9:51 pm to MIKEDATIGER
Bought a Mercedes SUV for the wife a month before all this started. Kicking myself. Paid cash so got a decent deal but could’ve saved a lot of money if I knew this shite was going down.
This post was edited on 5/20/20 at 9:53 pm
Posted on 5/20/20 at 9:53 pm to BabyTac
GLS?
This post was edited on 5/20/20 at 9:55 pm
Posted on 5/20/20 at 9:55 pm to BabyTac
quote:
Paid cash so got a decent deal
Way to out yourself. Cash hasn't been the good deal getting method of payment for many years now.
Posted on 5/20/20 at 9:55 pm to MIKEDATIGER
quote:
need to get something for my high schooler before August.
Not to be an arse, but why? A car in high school is a luxury. For your own sake, do not finance a new car for a high school kid.
Posted on 5/20/20 at 10:00 pm to MIKEDATIGER
Been thinking hard about a new F250. Haven't pulled the trigger yet though.
Posted on 5/20/20 at 10:11 pm to MIKEDATIGER
quote:You are on Crack Cocaine to contemplate buying a new car (especially on credit) for a High School kid.
Not an OT baller, need to get something for my high schooler before August.
Repeat after me:
“I will not”
_______
“buy my high school aged kid”
________________________
“a new car”
_________
“because it’s generally unwise”
________________________
“and isn’t good for the kid.”
_____________________
The only exception would be if you have a special needs kid, then safety and potentially having a vehicle outfitted for their needs might justify it.
Remember when Jamarcus Russell got millions of bucks from the Raiders for simply being the First overall NFL Draft Pick?
How’d that work out for him?
For a girl get her a five or six year-old Lexus ES350 sedan.
If you can possibly pull off getting a sedan for a boy then also do the same.
No Jeeps, no true SUVs, try to avoid trucks in general.
You should be most worried about CG-related issues.
If you have a kid who likes to hunt, maybe a truck but keep it low to the ground.
Besides the safety aspect, once you give a kid a new vehicle in High School, where do you go from there?
Another new car for college? Naw, that’s bad for THEM.
If they are doing well in college, about their Junior or early Senior year get them a new car.
They’ve moreso earned it by then if they’ve been good students.
This post was edited on 5/20/20 at 10:13 pm
Posted on 5/20/20 at 10:13 pm to MIKEDATIGER
Girl at work did a 3yr lease on a Civic for her h.s kid. Less than 200/month. Not sure how much the first payment was.
Posted on 5/20/20 at 10:21 pm to soccerfüt
My dad did the old “you get a scholarship, you get a car for college” thing when I was in high school. I got a good scholarship. It was still a used car.
Posted on 5/20/20 at 10:22 pm to MIKEDATIGER
I want to but I have a feeling that the worst is yet to come. So I'm holding off.
Posted on 5/20/20 at 10:26 pm to soccerfüt
quote:
Repeat after me: “I will not” _______ “buy my high school aged kid” ________________________ “a new car” _________ “because it’s generally unwise” ________________________ “and isn’t good for the kid.”
So yes you’re right but if I get her a 5-6 year old sedan, financing will suck as there are zero deals to be had.
I agree , she needs a used car.
Kia has a decent 2 or 3 year lease deal right now ; under $175 per month with $3K down
This post was edited on 5/21/20 at 7:17 pm
Posted on 5/20/20 at 10:29 pm to Bustedsack
quote:
I want to but I have a feeling that the worst is yet to come. So I'm holding off
Yes , back up plan is to hold off and give her my suburban and my ice ( No pics ) and I will figure it out , juggling with 1 car
Posted on 5/20/20 at 10:33 pm to MIKEDATIGER
Just bought a Taco last night 0%/60mths. Don't get a new driver a new car, get them a beater because they are going to tear it up. I would say something around $5k or less. You could always get yourself a newer vehicle if yours is older and pass it down. But it's your kid and money, do what you want.
This post was edited on 5/20/20 at 10:37 pm
Posted on 5/20/20 at 10:34 pm to MIKEDATIGER
Is she going to college in the fall? If not, she doesn’t “need” a vehicle.
Kids wreck cars all of the time. I would rather my kid wreck a 5k car I paid cash for, rather than a new car I financed for 84 months.
Kids wreck cars all of the time. I would rather my kid wreck a 5k car I paid cash for, rather than a new car I financed for 84 months.
Posted on 5/20/20 at 10:35 pm to LSUSUPERSTAR
quote:
get them a better
I would get them good or best
Posted on 5/20/20 at 11:40 pm to LSUSUPERSTAR
quote:
Taco
What’s a Taco?
Posted on 5/21/20 at 12:34 am to MIKEDATIGER
quote:
What’s a Taco?
I'd guess it's what homos call a Tacoma.
If you go new, and don't put a ton down, make damn sure that you get gap.
Also, don't tell them you're financing it for your daughter.
Posted on 5/21/20 at 1:39 am to BabyTac
quote:
Paid cash so got a decent deal
Nope, this didn’t happen. When buying a car (from a dealership, not from Vinnie on the corner) cash isn’t king. They make money on the financing, so they push buyers into financing - especially Mercedes and other luxury brands that rarely offer 0% financing.
Posted on 5/21/20 at 1:58 am to Magic Helmet
Tried to buy the wife a car... she didn't want a new car. She knows she is bad with new cars and cars in general so she wants to keep trucking with her what, 9 year old miniSUV by now. Whatever.
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