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re: Anyone buying new car during these times?

Posted on 5/21/20 at 3:12 am to
Posted by Doctor Strangelove
Member since Feb 2018
2960 posts
Posted on 5/21/20 at 3:12 am to
My daughter bought a a Jeep Sahara. They had some good incentives like employee pricing, low interest and a “hero’s discount” for being a nurse. I told her to wait a month or two but she succumbed to the new car fever.
Posted by Pelican fan99
Lafayette, Louisiana
Member since Jun 2013
34653 posts
Posted on 5/21/20 at 3:15 am to
A new car for a high schooler is insane


No way I would ever do that even if I could afford it
Posted by Beessnax
Member since Nov 2015
9130 posts
Posted on 5/21/20 at 5:47 am to
quote:

she wants to keep trucking with her what, 9 year old miniSUV by now. Whatever.


Evidence that you should be very thankful for her. She has sense
Posted by bulldog95
North Louisiana
Member since Jan 2011
20698 posts
Posted on 5/21/20 at 6:02 am to
Bought a used truck on A Friday and the corona pandemic hit on Saturday.

Got a good deal so I’m not mad.

When I was in HS I drove my grandfathers 67 chevy C10 with 3 on the tree. My parents bought me a new single cab Ford ranger my senior year and I drove the hell out of it for 4 years until I bought a mustang in 98.

I’d buy my kids a new car but it would be a base model Corolla, accord, or equivalent.
Posted by Lonnie Utah
Utah!
Member since Jul 2012
23865 posts
Posted on 5/21/20 at 6:05 am to
quote:

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.


Pay Cash.
Posted by Lonnie Utah
Utah!
Member since Jul 2012
23865 posts
Posted on 5/21/20 at 6:07 am to
quote:

make damn sure that you get gap


or you could just PAY CASH.

Posted by BeaverPRO
Tampa
Member since Aug 2009
16250 posts
Posted on 5/21/20 at 6:52 am to
84 months??? you will still be paying for this car when they graduate from College!
Posted by DLauw
SWLA
Member since Sep 2011
6086 posts
Posted on 5/21/20 at 7:01 am to
quote:

My daughter bought a a Jeep Sahara. They had some good incentives like employee pricing
something don’t add up. They haven’t made a Sahara since 2018.

I would argue that buying a new car for a teen (who, in all likeness, will get in a wreck in the first two years of driving) is better than buying the $5k beater.

When you wreck a $5k beater, you’re only option is to drive it wrecked, pay to get it fixed or let the insurance company total it and take the ACV minus your deductible. Also, your paying for mechanical repairs and maintenance to keep the beater on the road.

A new car, when wrecked, won’t total in a minor collision and mechanical repairs are covered under warranty. I think Kia (and some other car companies) still has 100k mile factory warranties. Some dealers are offering free oil changes too.
Posted by LNCHBOX
70448
Member since Jun 2009
84060 posts
Posted on 5/21/20 at 7:07 am to
quote:

something don’t add up. They haven’t made a Sahara since 2018.


Someone should let Jeep know LINK

You're probably thinking about the Gladiator trim levels
Posted by DLauw
SWLA
Member since Sep 2011
6086 posts
Posted on 5/21/20 at 7:11 am to
quote:

obably thinking about the Gladiator
I am actually. I bought my wife a Rubicon Gladiator. Thanks for the correction.
Posted by MIKEDATIGER
AUSTIN
Member since Oct 2007
2127 posts
Posted on 5/21/20 at 7:17 am to
quote:

84 months??? you will still be paying for this car when they graduate from College!


If she takes care of it , she can pass it down to my son in 4 years
Posted by Cracker
in a box
Member since Nov 2009
17669 posts
Posted on 5/21/20 at 7:24 am to
2 wheel drive pick up regular cab
This post was edited on 5/21/20 at 7:25 am
Posted by shawnlsu
Member since Nov 2011
23682 posts
Posted on 5/21/20 at 7:28 am to
Going pick up a new Ram for one of my crews this morning.
Unfortunately, I only financed it for 3 years.
Posted by Mariner
Mandeville, LA
Member since Jul 2009
1928 posts
Posted on 5/21/20 at 7:38 am to
Instead of buying them a used car, I would give them either my wife's car or my car and buy a new one for Mom or Dad.

They would be more inclined to take care of it if it was in the family beforehand. I take care of my cars religiously. Although not certain, they would be less inclined to trash it.

Speaking from experience on how I was raised.

I was given a new car senior year of college. I felt the appreciation of earning it. I babied it throughout grad school and afterward. Had it for 11 years.
Posted by hob
Member since Dec 2017
2126 posts
Posted on 5/21/20 at 8:15 am to
Just bought a new Toyota to replace a 16 year old Honda.

$3500 off msrp, 0% for 60months.
Posted by YeahYeah
Member since Jun 2016
2173 posts
Posted on 5/21/20 at 8:19 am to
quote:

Jeep

Bought one back when they still offered the lifetime bumper to bumper warranty
Posted by nctiger71
North Carolina
Member since Oct 2017
1318 posts
Posted on 5/21/20 at 8:25 am to
quote:

Just bought a new Toyota to replace a 16 year old Honda.

$3500 off msrp, 0% for 60months.


What did you buy? We’re looking at an Avalon and so far the dealers are not moving much off the MSRP. But, the inventory is low because the plant is shut down, or so I have been told.
Posted by The Korean
Denham Springs, LA
Member since May 2008
1612 posts
Posted on 5/21/20 at 8:29 am to
We lost several cars in 2016, I needed a car to basically get around quick. I leased a base Rav4 for less than $200 a month. 4 Months in, it became one my high school kid's car, other than an accident that wasn't their fault with a drunk hit and runner, not a single issue. Is that the case with all kids, no, but if they are respectful, and even more fearful of you if they tear it up, it can work.
Posted by JohnnyKilroy
Cajun Navy Vice Admiral
Member since Oct 2012
35289 posts
Posted on 5/21/20 at 8:37 am to
quote:

I would say something around $5k or less.


The people who say this typically have no idea what a 5k car is in the year 2020.
Posted by AUriptide
Member since Aug 2009
7334 posts
Posted on 5/21/20 at 8:39 am to
Yes, I just purchased a truck. The times have meant nothing as prices/deals go from what I found.
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