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re: Who here bought a new car before they were thirty?
Posted on 9/14/15 at 8:56 pm to To the Dome
Posted on 9/14/15 at 8:56 pm to To the Dome
I did. Actually bought my challenger a year before graduating college.
Was nice to have the fastest car of any student on campus tho.
Was nice to have the fastest car of any student on campus tho.
0
Posted on 9/14/15 at 8:56 pm to To the Dome
I bought a new car the day I turned 18. It was a terrible financial idea. But I kept it for 240k miles, and never did anything to it but change fluids, so it worked out.
I will NEVER purchase another new vehicle.
One because no one makes anything with my requirements. If jeep finally factory produces a HEMI powered jeep, I will buy a demo.
Two, 40k for a boring vehicle is crazy to me.
I will NEVER purchase another new vehicle.
One because no one makes anything with my requirements. If jeep finally factory produces a HEMI powered jeep, I will buy a demo.
Two, 40k for a boring vehicle is crazy to me.
Posted on 9/14/15 at 8:57 pm to REB BEER
quote:
I'm 43 and have never bought a new car. It makes bad financial sense.
This is not always true
ETA: I bought my vehicle new at 28
This post was edited on 9/14/15 at 8:58 pm
Posted on 9/14/15 at 8:57 pm to To the Dome
Bought two new cars before I was 30. 
This post was edited on 9/14/15 at 8:58 pm
Posted on 9/14/15 at 8:58 pm to To the Dome
Yeah, I bought 4 new cars before I was 30
Posted on 9/14/15 at 8:59 pm to BACONisMEATcandy
We bought a new 4Runner for my wife and we're going to ride it until it dies or we outgrow it.
It's a year old and only has 7700 miles on it. I'm hoping it'll last a while.
ETA She was 29 and I was 31, just to fit in with the thread.
It's a year old and only has 7700 miles on it. I'm hoping it'll last a while.
ETA She was 29 and I was 31, just to fit in with the thread.
This post was edited on 9/14/15 at 9:00 pm
Posted on 9/14/15 at 9:00 pm to BACONisMEATcandy
quote:
This is not always true
OK, I'll bite, when is it better to take a huge depreciation hit 1 second after you sign?
Posted on 9/14/15 at 9:03 pm to The First Cut
When you can afford it. Stop being poor.
Signed,
THE OT
Signed,
THE OT
Posted on 9/14/15 at 9:03 pm to X123F45
quote:I agree. I won't buy a new car until I can afford something fast and cool.
Two, 40k for a boring vehicle is crazy to me.
Posted on 9/14/15 at 9:05 pm to To the Dome
I bought my first car when I was 25.
It was used however.
It was used however.
Posted on 9/14/15 at 9:06 pm to CaptainsWafer
It should
4-runner was my second car and it lasted me a while
4-runner was my second car and it lasted me a while
Posted on 9/14/15 at 9:07 pm to The First Cut
quote:
OK, I'll bite, when is it better to take a huge depreciation hit 1 second after you sign?
I forgot that you don't take huge depreciation hits buying a used car. It retains the value when you drive a used car off the lot
Cash for clunkers drove used car prices up dramatically. When a used car with 20-30k miles is only 3-4k less I'm buying the new car everytime
Posted on 9/14/15 at 9:08 pm to The First Cut
Sometimes with rebates and whatnot, you can get a new vehicle for around the same price as a late model used vehicle, depending on the make/model. Plus you know the history of the vehicle if it is new.
Posted on 9/14/15 at 9:08 pm to The First Cut
quote:
OK, I'll bite, when is it better to take a huge depreciation hit 1 second after you sign?
Probably pretty even buying a Toyota Camry or 4runner new with 0% financing.
Not much depreciation on those things
Posted on 9/14/15 at 9:09 pm to BACONisMEATcandy
A two year old car is a two year old car. In theory you can buy it one day and sell it the next for the same price. You didn't answer my question.
quote:
Cash for clunkers drove used car prices up dramatically. When a used car with 20-30k miles is only 3-4k less I'm buying the new car everytime
This post was edited on 9/14/15 at 9:14 pm
Posted on 9/14/15 at 9:10 pm to Walt OReilly
yup
I bought a brand new Jeep at age25. mind you i was working at a dealership.
so i bought and sold my car.
I bought a brand new Jeep at age25. mind you i was working at a dealership.
so i bought and sold my car.
Posted on 9/14/15 at 9:11 pm to Squeeze
What did you do in the office while you "had to go talk to the manager" to see if you could work a deal with yourself?
Posted on 9/14/15 at 9:11 pm to Teddy Ruxpin
Every car depreciates at least 15% the day you sign, and probably a lot more. Not much of a market of people wanting to pay full price for a used car.
Posted on 9/14/15 at 9:13 pm to The First Cut
I did answer your question - however, your premise is faulty. Both new and used cars depreciate as soon as you buy them.
Posted on 9/14/15 at 9:15 pm to To the Dome
I've bought 4 dude. It's kind of expected
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