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re: At local Honda dealership this morning

Posted on 1/14/24 at 6:47 pm to
Posted by El Es Shu
Louisiana
Member since Oct 2008
609 posts
Posted on 1/14/24 at 6:47 pm to
What did you buy
Posted by Joshjrn
Baton Rouge
Member since Dec 2008
27078 posts
Posted on 1/14/24 at 6:49 pm to
quote:

I didn't mind the starter at that mileage. That's just life, but the flywheel was a chunk of change.


The flywheel. That was the motherfricker that was going to cost like $100 to replace but $1,900 worth of labor to get to
Posted by num1lsufan
Meraux
Member since Feb 2004
1208 posts
Posted on 1/15/24 at 2:25 am to
84x1200=100,800.

The most expensive new pilot I could see near me was $46k. Think about that for a second...


exactly
Posted by Scuttle But
Member since Nov 2023
1301 posts
Posted on 1/15/24 at 2:33 am to
quote:

Sales guy told him he was so upside down on his trade it was going to be $1200 a month for 84 months. He said it was the best he could do. Dumb arse guy said let’s do it.


I hope I'm never sitting across the buyer at the negotiating table. Dude sounds ruthless
Posted by X123F45
Member since Apr 2015
27430 posts
Posted on 1/15/24 at 2:45 am to
quote:

The most expensive new pilot I could see near me was $46k. Think about that for a second...


Think about what... That you are likely as uninformed as he is?

46000 price
4577 in taxes (before reduction for trade in)
575 in titling
51125 total

Most of your local banks aren't going to top out around 140% of value. Assuming they don't want invoice for value, that's a max of 64000 before any warranty or gap.

Assuming 46k value and 4499 in warranty and gap, that's 68.5k with no negative equity or tax credit. Given he would have had to max out that loan to cover his trade, he's likely at 68.5k

84 momths at 11.75
Posted by redstick13
Lower Saxony
Member since Feb 2007
38543 posts
Posted on 1/15/24 at 3:49 am to
quote:

No Honda vehicle is worth $100,000


This post was edited on 1/15/24 at 3:54 am
Posted by VetteGuy
Member since Feb 2008
28193 posts
Posted on 1/15/24 at 4:35 am to
Matte finishes are so played.

Posted by redstick13
Lower Saxony
Member since Feb 2007
38543 posts
Posted on 1/15/24 at 4:37 am to
Wouldn’t stop me from driving it.
Posted by VetteGuy
Member since Feb 2008
28193 posts
Posted on 1/15/24 at 4:42 am to
True.

The price might hinder me a bit, though.


Posted by Armymann50
Playing with my
Member since Sep 2011
17079 posts
Posted on 1/15/24 at 5:07 am to
quote:

$1200 a month for 84 months



my 2006 highlander has 87,000 miles on it gets about 20mpg thinking about trading it in for a car note.
Posted by CharlesLSU
Member since Jan 2007
31914 posts
Posted on 1/15/24 at 6:56 am to
We’ve been replacing damn near every part on the wife’s 2018 Yukon to avoid any new notes.

136k miles and that fricker is dropping repair bills on the reg. Matter of fact, it’s throwing a code as I type this and going back into the shop this morning. Today it looks like the Body Control Module has failed. It has had the following repairs:

New tranny
All motor mounts
AC system leak
Rear shock replacement
Coolant sensor/thermastat replacement

Getting tired of being prudent on repairs…..then you go look at prices. $78k GMC SLT 4x4
$97k Denali
$100k Sequoia (yeah frick them)

We need a full size 4x4 SUV and that price point suuuuccckksss
Posted by lsu xman
Member since Oct 2006
15563 posts
Posted on 1/15/24 at 7:00 am to
Maybe he got the extended warranty.
Posted by mule74
Watersound Beach
Member since Nov 2004
11303 posts
Posted on 1/15/24 at 8:58 am to
quote:

A trade in should have no bearing on the negotiated price.


I get so pissed when the dealers try to do this.
Posted by lsufan1971
Zachary
Member since Nov 2003
18285 posts
Posted on 1/15/24 at 9:09 am to
quote:

What did you buy


Turned in my man card and bought a 23 Ridgeline. Went from a Silverado 3/4 to the Ridgeline. Didn’t need the big truck any longer. Starting to travel more with work. Wanted something more comfortable and get better MPG.
I looked at the Nissan Frontier but more room and better ride in the Ridgeline. Plus I like the AWD system. Wife has a Pilot BE and it’s very similar.

My 13 yr old daughter was upset because her friends at school liked my Silverado. Now she says no one is intimidated by a Ridgeline.
This post was edited on 1/15/24 at 9:11 am
Posted by WonPercent
BATON ROUGE
Member since Aug 2023
454 posts
Posted on 1/15/24 at 9:12 am to
The Ridgeline's a solid vehicle. Basically what I'd consider a city truck. Enjoy.
Posted by fallguy_1978
Best States #50
Member since Feb 2018
48597 posts
Posted on 1/15/24 at 9:14 am to
My next truck will probably be a Tacoma if I like the next generation. Hopefully that's several years out though. My F150 is paid off and still doesn't even have 60k miles on it.
Posted by lsufan1971
Zachary
Member since Nov 2003
18285 posts
Posted on 1/15/24 at 9:15 am to
quote:

The Ridgeline's a solid vehicle. Basically what I'd consider a city truck. Enjoy.


Guy here in Zachary has an 06 that he is still driving with over 300K miles. He said he hasn’t done anything to it besides change the oil, tires and 2 timing belts.
This post was edited on 1/15/24 at 9:25 am
Posted by Ace Midnight
Between sanity and madness
Member since Dec 2006
89552 posts
Posted on 1/15/24 at 9:21 am to
quote:

Quite honestly, I usually buy new,


I tend to get program cars (or equivalent - something at the 3 to 4 year mark, with 35k to 50k miles) and drive them forever.

There is nothing intrinsically "wrong" with buying new, but then you have to commit to a 10- to 15-year relationship with that car and most folks cannot do that. If you get bored with a car at 3 to 5 years, do yourself and your kids a favor: buy a 5- to 8-year old car, then.

Do the math on the "average" car note in America. Hitting somewhere between the average "new" and average "used" is something like $625 to $650. So, let's just take $600 a month.

$600 per month saved for 10 years at just 4% is $90k. For 10 years, it is almost a quarter million dollars.

Even if you never get upside down, that's the opportunity cost of buying new, paying off the note, buying new again. Over a typical 45 to 60 year adult lifespan that's millions of dollars.

#YeahDaveRamseyisright
Posted by JasonDBlaha
Woodlands, Texas
Member since Apr 2023
2369 posts
Posted on 1/15/24 at 9:32 am to
LINK

This is a car that’s actually worth $100,000
Posted by Rize
Spring Texas
Member since Sep 2011
15810 posts
Posted on 1/15/24 at 9:53 am to
quote:

ALL of those Bells & Whistles are Planned Obsolescence I don't give a shite about any of that. My first vehicle was a 1981. I'd be fine with the features it had today although Bluetooth is fairly nice.


I had an 81 square body Chevy for my first
This post was edited on 1/15/24 at 9:54 am
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