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    Buying a New Car

    Scheduled Pinned Locked Moved Water Closet
    carsubarufinance
    69 Posts 13 Posters 4.8k Views
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    • scottalanmillerS
      scottalanmiller @wrx7m
      last edited by

      @wrx7m said in Buying a New Car:

      So, dealing with the old car could be done independent of this, because I wouldn't be using any of the money from the sale to put down on the new car at the time of purchase.

      Yeah, I would think so. Do it separately and get a better deal.

      1 Reply Last reply Reply Quote 0
      • ObsolesceO
        Obsolesce @wrx7m
        last edited by

        @wrx7m said in Buying a New Car:

        @Obsolesce said in Buying a New Car:

        I would never again buy a new car, even with a promo and heavy discount. The absolute newest I'd go is 3-5 years depending on the car, but generally older.

        The used ones are practically the same price.

        I see a $10-15k difference between 2019 and 2015 and 2014. That's a huge amount. That's more than I paid brand new for my daily driver lol.

        pmonchoP 1 Reply Last reply Reply Quote 0
        • EddieJenningsE
          EddieJennings
          last edited by

          Forgive the thread hijack: this deal finally finished today.
          alt text

          scottalanmillerS 1 Reply Last reply Reply Quote 4
          • scottalanmillerS
            scottalanmiller @EddieJennings
            last edited by

            @EddieJennings what did you get?

            EddieJenningsE 1 Reply Last reply Reply Quote 0
            • EddieJenningsE
              EddieJennings @scottalanmiller
              last edited by

              @scottalanmiller said in Buying a New Car:

              @EddieJennings what did you get?

              2019 Toyota Camry XLE

              1 Reply Last reply Reply Quote 0
              • FATeknollogeeF
                FATeknollogee
                last edited by

                Take the car to Carmax for an appraisal.
                Book an appointment online, aren't you in Ventura? There's a CarMax in Oxnard.
                If you like their offer, they'll cut you a check on the spot.

                IRJI 1 Reply Last reply Reply Quote 0
                • IRJI
                  IRJ @FATeknollogee
                  last edited by

                  @FATeknollogee said in Buying a New Car:

                  Take the car to Carmax for an appraisal.
                  Book an appointment online, aren't you in Ventura? There's a CarMax in Oxnard.
                  If you like their offer, they'll cut you a check on the spot.

                  It's too old. I don't think they will take 07

                  EddieJenningsE 1 Reply Last reply Reply Quote 0
                  • EddieJenningsE
                    EddieJennings @IRJ
                    last edited by

                    @IRJ said in Buying a New Car:

                    @FATeknollogee said in Buying a New Car:

                    Take the car to Carmax for an appraisal.
                    Book an appointment online, aren't you in Ventura? There's a CarMax in Oxnard.
                    If you like their offer, they'll cut you a check on the spot.

                    It's too old. I don't think they will take 07

                    CarMax offered me $1,500 for my 2005 Camry, so I imagine 2007 should be ok.

                    IRJI 1 Reply Last reply Reply Quote 0
                    • IRJI
                      IRJ @EddieJennings
                      last edited by

                      @EddieJennings said in Buying a New Car:

                      @IRJ said in Buying a New Car:

                      @FATeknollogee said in Buying a New Car:

                      Take the car to Carmax for an appraisal.
                      Book an appointment online, aren't you in Ventura? There's a CarMax in Oxnard.
                      If you like their offer, they'll cut you a check on the spot.

                      It's too old. I don't think they will take 07

                      CarMax offered me $1,500 for my 2005 Camry, so I imagine 2007 should be ok.

                      Wow ok. I thought there was a 10 year limit or something. Maybe that's a local thing

                      1 Reply Last reply Reply Quote 0
                      • B
                        bnrstnr
                        last edited by

                        Definitely don't trade it in. You'll get ripped off. You're almost always better off selling it privately (here in MI, anyway). Unless, of course, your car is worth less than like $2000 and the dealer is offering $2000 guaranteed... I doubt that's the case though.

                        EddieJenningsE wrx7mW 2 Replies Last reply Reply Quote 0
                        • pmonchoP
                          pmoncho @Obsolesce
                          last edited by

                          @Obsolesce said in Buying a New Car:

                          @wrx7m said in Buying a New Car:

                          @Obsolesce said in Buying a New Car:

                          I would never again buy a new car, even with a promo and heavy discount. The absolute newest I'd go is 3-5 years depending on the car, but generally older.

                          The used ones are practically the same price.

                          I see a $10-15k difference between 2019 and 2015 and 2014. That's a huge amount. That's more than I paid brand new for my daily driver lol.

                          I'm with ya on this one. I like to purchase a 1 year off lease from one owner if I can find it. Those are the best deals going. The trick is to find one with 15K miles or less. Do that, you get 30% of list, the balance of the warranty and no need for repairs for two years. Good value at that price

                          1 Reply Last reply Reply Quote 3
                          • EddieJenningsE
                            EddieJennings @bnrstnr
                            last edited by EddieJennings

                            @bnrstnr said in Buying a New Car:

                            Definitely don't trade it in. You'll get ripped off. You're almost always better off selling it privately (here in MI, anyway). Unless, of course, your car is worth less than like $2000 and the dealer is offering $2000 guaranteed... I doubt that's the case though.

                            For me, there was a repair that needed to be done to my 2005 camry that would've either just frightened buyers away, or would make the car worth about $1500. I ended up trading it to my dealer rather than CarMax. Doing the math, doing so cost me $9 over the next 5 years. So for $9, it was worth the convenience of leaving my old car at the dealer and driving new car home.

                            Otherwise, I would've definitely looked at doing a private sale for mine.

                            B 1 Reply Last reply Reply Quote 0
                            • B
                              bnrstnr @EddieJennings
                              last edited by

                              @EddieJennings said in Buying a New Car:

                              @bnrstnr said in Buying a New Car:

                              Definitely don't trade it in. You'll get ripped off. You're almost always better off selling it privately (here in MI, anyway). Unless, of course, your car is worth less than like $2000 and the dealer is offering $2000 guaranteed... I doubt that's the case though.

                              For me, there was a repair that needed to be done to my 2005 camry that would've either just frightened buyers away, or would make the car worth about $1500. I ended up trading it to my dealer rather than CarMax. Doing the math, doing so cost me $9 over the next 5 years. So for $9, it was worth the convenience of leaving my old car at the dealer and driving new car home.

                              Otherwise, I would've definitely looked at doing a private sale for mine.

                              A few years ago a dealer offered me $2000 for my 2005 Saab 9-3, I ended up selling it to a desperate family member for $2500, I could have sold it privately for about $4000. It's a pain in the ass to sell, and you have to deal with a lot of window shoppers, but if it doesn't cost you anything to sit on it for a few months, you can come out a couple thousand dollars ahead.

                              1 Reply Last reply Reply Quote 2
                              • wrx7mW
                                wrx7m @bnrstnr
                                last edited by

                                @bnrstnr said in Buying a New Car:

                                Definitely don't trade it in. You'll get ripped off. You're almost always better off selling it privately (here in MI, anyway). Unless, of course, your car is worth less than like $2000 and the dealer is offering $2000 guaranteed... I doubt that's the case though.

                                Yeah, it is definitely worth more than that and I know trade-in is lower. I just hate the hassle of having to deal with flakes and jackasses that aren't serious and just want to joy ride. Where I am from, it is easier to say who isn't a flake than who is.

                                We'll see.

                                1 Reply Last reply Reply Quote 1
                                • IRJI
                                  IRJ
                                  last edited by IRJ

                                  We've made out well twice on trade ins. They were older vehicles with serious mechanical issues. We took advantage of Chrysler's loyalty program and they offered double trade in value since it was a Mopar product. We got $3k for a vehicle with 220k miles and a blown head gasket.

                                  Trade ins are only good for junkers or in occasion special deals offered by dealer.

                                  1 Reply Last reply Reply Quote 1
                                  • ObsolesceO
                                    Obsolesce
                                    last edited by

                                    @wrx7m just curious, to you, what sets the WRX STI apart from the rest of the cars in that price range? It seems like a nice car, but I've not owned one like that.

                                    scottalanmillerS coliverC wrx7mW 3 Replies Last reply Reply Quote 0
                                    • scottalanmillerS
                                      scottalanmiller @Obsolesce
                                      last edited by

                                      @Obsolesce said in Buying a New Car:

                                      @wrx7m just curious, to you, what sets the WRX STI apart from the rest of the cars in that price range? It seems like a nice car, but I've not owned one like that.

                                      Power, handling, feel. It's an extremely serious vehicle.

                                      1 Reply Last reply Reply Quote 0
                                      • coliverC
                                        coliver @Obsolesce
                                        last edited by coliver

                                        @Obsolesce said in Buying a New Car:

                                        @wrx7m just curious, to you, what sets the WRX STI apart from the rest of the cars in that price range? It seems like a nice car, but I've not owned one like that.

                                        Driving a WRX is seriously one of the most fun things I've done. It's got an amazing amount of power for the price. And handling under acceleration is just awesome. It's a ton of fun to ride along with someone racing one too.

                                        ObsolesceO 1 Reply Last reply Reply Quote 1
                                        • ObsolesceO
                                          Obsolesce @coliver
                                          last edited by

                                          @coliver said in Buying a New Car:

                                          @Obsolesce said in Buying a New Car:

                                          @wrx7m just curious, to you, what sets the WRX STI apart from the rest of the cars in that price range? It seems like a nice car, but I've not owned one like that.

                                          Driving a WRX is seriously one of the most fun things I've done. It's got an amazing amount of power for the price. And handling under acceleration is just awesome. It's a ton of fun to ride along with someone racing one too.

                                          I understand. I would have liked that maybe 15 years ago, but now I just drive easy and would never notice these.

                                          coliverC 1 Reply Last reply Reply Quote 1
                                          • coliverC
                                            coliver @Obsolesce
                                            last edited by

                                            @Obsolesce said in Buying a New Car:

                                            @coliver said in Buying a New Car:

                                            @Obsolesce said in Buying a New Car:

                                            @wrx7m just curious, to you, what sets the WRX STI apart from the rest of the cars in that price range? It seems like a nice car, but I've not owned one like that.

                                            Driving a WRX is seriously one of the most fun things I've done. It's got an amazing amount of power for the price. And handling under acceleration is just awesome. It's a ton of fun to ride along with someone racing one too.

                                            I understand. I would have liked that maybe 15 years ago, but now I just drive easy and would never notice these.

                                            Oh yeah. It was my dream car when I was 16.... today I drive a minivan and am extremely happy with that.

                                            S 1 Reply Last reply Reply Quote 2
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