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Started By
Message
re: Anyone buying new car during these times?
Posted on 5/21/20 at 10:27 am to BabyTac
Posted on 5/21/20 at 10:27 am to BabyTac
quote:
Paid cash so got a decent deal
You think this gets you a better deal? That lets everyone here know you are not not smart enough to have the money to pay cash for a vehicle.
This post was edited on 5/21/20 at 10:29 am
Posted on 5/21/20 at 10:27 am to LNCHBOX
quote:
Yes, I have a calculator
OK smartass....
I guess what I meant is the average negotiated price vs. the price ppl are getting on 0% deals...
Posted on 5/21/20 at 10:28 am to Tigeralum2008
quote:
OK smartass....
I guess what I meant is the average negotiated price vs. the price ppl are getting on 0% deals...
Read the rest of my post
Posted on 5/21/20 at 10:28 am to MIKEDATIGER
I have been trying to rid myself of cars
Posted on 5/21/20 at 10:30 am to Tigeralum2008
quote:
I guess what I meant is the average negotiated price vs. the price ppl are getting on 0% deals...
Obviously, we didn’t get the same rebates as we would’ve if we didn’t do the 0%. But we can afford to pay more per month if we want and if you’re not paying anything in interest, it’s hard to beat that.
Posted on 5/21/20 at 10:31 am to TigerFanInSouthland
quote:
Obviously, we didn’t get the same rebates as we would’ve if we didn’t do the 0%. But we can afford to pay more per month if we want and if you’re not paying anything in interest, it’s hard to beat that.
Oh boy I'm gonna let someone else take this one.
Posted on 5/21/20 at 10:32 am to LNCHBOX
These people have no idea how auto finance works
Posted on 5/21/20 at 10:35 am to LNCHBOX
Please, tell me where I fricked up. First vehicle I’ve ever bought so I’m learning. We got it at a price per month we’re comfortable with to the point where we won’t be living hand to mouth every month because of a car note.
This post was edited on 5/21/20 at 10:40 am
Posted on 5/21/20 at 10:36 am to randybobandy
quote:
Stupidest thing I have read this week. So cash is not the best way to buy stuff.
Please explain why a dealer will give you a better deal if you pay cash as opposed to bringing in a check from your credit union.....
Posted on 5/21/20 at 10:41 am to TigerFanInSouthland
quote:
Please, tell me where I fricked up. First vehicle I’ve ever bought so I’m learning.
Yo can beat 0% if the rest of the deal required to get the 0% is shite. You have to look at everything overall, and never never never base your decision on the monthly note.
You know what you're comfortable spending per month, but that is not a number that should factor into the negotiations on a particular vehicle. By the time you're negotiating on a particular vehicle, you should already know that it is something that will fit into your budget.
With that in mind, you should then only be focused on the vehicle's price, your trade in value, and any rebates. You should also pay close attention to any bullshite fees they try to tack on above tax, title and, license.
Posted on 5/21/20 at 10:42 am to Lonnie Utah
quote:
or you could just PAY CASH.
Financing a new car wasn't my plan; I was helping him with his plan.
If he's going to put a young person in a new car, he definitely doesn't to be upside down in the car.
Posted on 5/21/20 at 10:42 am to MIKEDATIGER
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.
I've gone certified pre-owned the last 15 years.
Posted on 5/21/20 at 10:44 am to Bustedsack
quote:
I have a feeling that the worst is yet to come. So I'm holding off.
ONe of the most accurate statements I've ever seen on this board.
Posted on 5/21/20 at 10:51 am to LSUAlum2001
quote:
I stopped buying new a while back. Too much depreciation as soon as you drive it off the lot.
I see 2019 F-150 King Ranches with asking prices in the low 30's. MSRP at $53K. Regardless of your thoughts on that trim it's pretty eye catching
Posted on 5/21/20 at 10:58 am to Tigeralum2008
MSRP on American trucks means absolutely nothing.
Posted on 5/21/20 at 11:04 am to Tigeralum2008
quote:
I see 2019 F-150 King Ranches with asking prices in the low 30's. MSRP at $53K
No you don't.
Posted on 5/21/20 at 11:17 am to Lonnie Utah
quote:or put down a significant down payment, get any manufacturers rebate/deals, get a good APR and come out on top (opposed to paying cash)
or you could just PAY CASH.
Posted on 5/21/20 at 11:55 am to MIKEDATIGER
Picking up the new lease tomorrow. XC60
Posted on 5/21/20 at 12:01 pm to LSUAlum2001
quote:
I stopped buying new a while back. Too much depreciation as soon as you drive it off the lot.
Meh, that's something old people just say because it used to be true. These days for most vehicles, there isn't some huge depreciation hit, and even if you believe it, if you are buying a car to keep for a long time, it doesn't matter.
Five years ago I swore I was going to buy a three or four year old truck. I searched and searched for two months. Nothing had really depreciated all that much, so I paid a few thousand more for a new one.
Posted on 5/21/20 at 12:12 pm to LNCHBOX
quote:
I see 2019 F-150 King Ranches with asking prices in the low 30's. MSRP at $53K
No you don't.
Saw it on Texas Direct for $34k. There’s one listed for 38K right now
This post was edited on 5/21/20 at 12:13 pm
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