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Duzz
LSU Fan
Houston
Member since Feb 2008
7339 posts

Car buying experts.
I wanna buy a new vehicle, listed price is 23-24k Average. It's a toyota since it hasn't failed me yet. How much should i settle for?


WPBTiger
USA Fan
Parts Unknown
Member since Nov 2011
14115 posts
 Online 

re: Car buying experts.
Paging Will Cover


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110
whatiknowsofar
New Orleans Pelicans Fan
hm?
Member since Nov 2010
4850 posts
 Online 

re: Car buying experts.
quote:

I wanna buy a new vehicle, listed price is 23-24k Average. It's a toyota since it hasn't failed me yet. How much should i settle for?




1-2k Off the sticker and ask for maintenance

Congrats on your car that will be worth 5k in 5 years.


Dandaman
LSU Fan
Metairie
Member since May 2017
47 posts

re: Car buying experts.
Rule of thumb: pay 10% less than asking price. New or used if its a foreign model vehicle.


whatiknowsofar
New Orleans Pelicans Fan
hm?
Member since Nov 2010
4850 posts
 Online 

re: Car buying experts.
quote:

Rule of thumb: pay 10% less than asking price. New or used if its a foreign model vehicle.




That is legitimately fricking retarded


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213
NewIberiaHaircut
LSU Fan
Lafayette
Member since May 2013
7855 posts
 Online 

re: Car buying experts.
quote:

I wanna buy a new vehicle, listed price is 23-24k


This is the OT baw!

Image: https://memegenerator.net/img/instances/54394511.jpg


McCaigBro69
Baylor Fan
TigerDroppings Premium Member
Member since Oct 2014
24973 posts
 Online 

re: Car buying experts.
Now that is a quality post.


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60
Retrograde
LSU Fan
TX
Member since Jul 2014
2156 posts

re: Car buying experts.
What new vehicle. LE Camry I assume?


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Eli Goldfinger
Alabama Fan
Member since Sep 2016
8175 posts

re: Car buying experts.
Buy the same car with 70-85k miles for around $9000.
Put 75k miles on it.
Sell it for around $5000.

Do it again.

Your cost per mile in this new car (minus gas & maintenance) even if you put 200k miles on it will be around $0.12.

Whereas the used car scenario I suggested would have a cost per mile of around $0.05.


Mr Harry Larrry
LSU Fan
Member since Sep 2015
90 posts

re: Car buying experts.
Can you look a vehicle brand that offers some driving excitement? At least Honda cares about steering feel and driving dynamics.


AncientTiger
LSU Fan
Mississippi- Louisiana - Destin
Member since Sep 2016
396 posts

re: Car buying experts.
MSRP - Rebates -10% = Target Price

25 years in the car business- free advice. ??


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34
Willie Stroker
Longwood Fan
Member since Sep 2008
6665 posts

re: Car buying experts.
quote:

1-2k Off the sticker and ask for maintenance

Things are different now grandpa. But i’m sure it was a great deal you got on that Buick.


whatiknowsofar
New Orleans Pelicans Fan
hm?
Member since Nov 2010
4850 posts
 Online 

re: Car buying experts.
quote:

Buy the same car with 70-85k miles for around $9000.
Put 75k miles on it.
Sell it for around $5000


This is also fricking retarded. Average miles driven a year is 15k in the US. So you'd have to find a 6-7 year old car with that mileage. 9k for that kind of car is too much.


Then in all your wisdom you really think a 9-10 year old car is worth 5k? Are you high?


SHMILL
LSU Fan
Lafayette, Louisiana
Member since Oct 2009
495 posts

re: Car buying experts.
So if a used car (2013 model, 40,000 Miles) is listed at 28,500, I should at least not pay more than $25,650?

Just asking bc im in that same predicament and they only took $1200 off and wouldn’t budge anymore...figured I’ll just wait them out for the time being.

Thanks.


LSUTigerDoc
LSU Fan
Baton Rouge
Member since Oct 2008
502 posts

re: Car buying experts.
Use a reputable site to find the cost to dealer for vehicle you desire. (edmunds is pretty close). Subtract any known dealer incentives that reduce their cost. Pay no more than 3.5% above that price.


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CapperVin
New Orleans Saints Fan
NOLA
Member since Apr 2013
8711 posts
 Online 

re: Car buying experts.
$16,875


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biglego
LSU Fan
Ask your mom where I been
Member since Nov 2007
49095 posts

re: Car buying experts.
quote:

Can you look a vehicle brand that offers some driving excitement? At least Honda cares about steering feel and driving dynamics.

Honda also only makes cars for chicks. Even their truck is a chick car.

Are you a chick?


whatiknowsofar
New Orleans Pelicans Fan
hm?
Member since Nov 2010
4850 posts
 Online 

re: Car buying experts.
quote:

Things are different now grandpa. But i’m sure it was a great deal you got on that Buick.



I forget that most new cars that some of you hicks buy are marked up so high you get a boner when you think you're getting a deal by getting 5-10k cash back. Why do you think BMW Audi etc. don't have such high incentives? It's because they're vehicles are priced better to begin with. Ford Toyota GMC etc are all shittily priced and that's why you get pissed when your car isn't worth shite 4 years down the road.


biglego
LSU Fan
Ask your mom where I been
Member since Nov 2007
49095 posts

re: Car buying experts.
The experts of the OT will tell you that, if you negotiate properly, the dealer will pay YOU to buy the car.

Just find a car you like at a price you feel satisfied with, and move on with your life. Agonizing over car buying takes too much work.


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111
biglego
LSU Fan
Ask your mom where I been
Member since Nov 2007
49095 posts

re: Car buying experts.
I bet my 2016 Tundra will still be worth a good bit in 2020.


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