Reddit buy a car - If it is not worth the buy out, do not buy it out just to try to save face. A car is a depreciating asset, whether you buy new or lease new, you will lose money nearly 100% of the time. I would walk away from it at the end of the lease and move on. Your best option to lot lose a bunch of money is to buy a used vehicle.

 
New car prices will need to compete with falling used car prices especially when the used car is only a year or two old… THE PROBLEM is high interest rates if you plan to still finance…I am seeing reports of around 5.5-6% for new and 9’s for used which is absurd… So any savings in price will be negated with the financing.. Reupholster boat seats

Reply reply. agreeingstorm9. •. Now is an awful time to buy a car. If you do not absolutely NEED a car right now, you should not be buying one right now. By need I mean, you buy one or your walk type need. Not "my car is 10 yrs old and I need something newer that looks nicer" type need. Reply reply. _Celatid_.I’ve bought two cars through Carvana - first one was in great shape and obviously detailed. The second time the car was filthy, had garbage inside of it, and some sort of paint or caulk splattered on the exterior. They did give us $500 back and paid for it to be detailed ($200), but given that their prices seem higher than a local dealer I ...A fender bender will total that car, knocking the bumper down a bit is $1,000 repair easy. So you take the check, buy the car back from the insurance company, throw a new bumper on the car for $100 at the pick and pull and now you have a salvage titled car. Except it's still in great mechanical shape. -1. When folks are shopping in that price range, especially with the used car market as messed up as it currently is, my usual advice is "buy the best Civic, Corolla, Accord, or Camry you can afford." Sonatas from that area aren't the most reliable, but for $6000 right now, you're not looking at a huge upgrade. It’s prob worth $1000. I looked around at used cars (Hondas or Mazdas or Toyotas with 40-60k miles) and the used car prices are crazy. A 3-4 year old used civic is going for 19-22k, where as a new Kia Forte or Mazda is 22-25. With lower financing rates. I don’t feel good about a new car for a 16 year old.WallStreetBets founder Jaime Rogozinski says social-media giant Reddit ousted him as moderator to take control of the meme-stock forum. Jump to The founder of WallStreetBets is sui...Used car costs are too high for whatever reason. A couple year old used car is almost the cost of new. With financing, it is cheaper to buy new at the end of 5 or 6 years. My mentality is buy new own for 10 years and dump at 200k or 10 year whatever come first. You get the most of warranty, wear and tear.The way I see it, used car sales give the dealership some of the lowest incentive to break deals. According to Edmunds, 37% of the income they get is from financing and other financial addons (extended warranties, etc). They also have a 2-3% hold back on the sale of each vehicle.Jun 28, 2021 ... Car buying strategies? · do lots of research ahead of your visit · clearly break down what you NEED VS what you WANT. · walk in with a clear&n...Unless you're up for a project, no. The reason the car is at auction is most likely because a dealership didn't consider it worth repairing to sell themselves. It most likely has a lot of issues or 1 really expensive one. If you're a capable mechanic you can get a really good deal, if you're not you're going to get a money pit. …How to shop for a used car. With a few exceptions – it really doesn’t matter what car you buy. There is no secret list of good or bad …Jul 7, 2023 ... I've been looking and used car prices are crazy. My question is, is it still worth it to buy used? On one hand a new car usually works pretty ...WallStreetBets founder Jaime Rogozinski says social-media giant Reddit ousted him as moderator to take control of the meme-stock forum. Jump to The founder of WallStreetBets is sui...Reddit is a popular social media platform that boasts millions of active users. With its vast user base and diverse communities, it presents a unique opportunity for businesses to ...Maybe at 17 years old? My trends in the last 5 years have been classic European cars at $5k range. There are many gems to be had and it makes the hobby truly fun to cycle through cars. Buy, drive, fix em a little and sell. But they are always via private sales. Car fans meeting, talking, buy/selling, transacting is freaking great!! Here's a case study: This BMW says it has "Executive Package". It doesn't. You can look up a BMW's exact build by adding it to BMW's online "My Garage" even if you don't own it. It reveals in fact, that CarGuru's entire list of "Options" for this car is almost all wrong: Adaptive Suspension - Standard, not an option. However there is an argument to be made that with how dependent modern American society is on car travel, that the cost of being unable to repair a broken down car is so great that the added expense of the warranty can be beneficial. Reply reply. salesmunn. •. No, not always a bad idea.4. Use online car payment calculator to calculate what price range you can afford. For the online car payment calculator, you will typically need the price of the car, down payment, tax, APR, length of the loan. a. Price of the car: Use the advertised MSRP, it’s a good estimate for now b. Down payment: You know this number Vehicles considered: BMW X3, Audi Q5, Alfa Romero Stevio, jeep grand Cherokee, Mazda CX-5. 1st vehicle: no, had mazda 3 years ago, currently have Audi A5 sportsback. Minor work: yes. Major work: no. Need to get a car that’s good on snow as I have moved to snowy area and can’t call of work in major storms. just use autotrader or cargurus etc, they have good filters and search a combination of carmax and dealership lots, and some private party postings. craigslist is for sub $5k cars imo. Cargurus. I like Autotempest, it’ll search multiple sites for you. Car Gurus and cars.com are good. If you are in Scottsdale, according to my experience Car Buyers Arizona is the best option for buy a used car. Car Buyers Arizona is a premier used or new automotive buying dealer who pays most of the cash for cars, trucks, RVs, SUVs and motorcycles in any condition. One call to 602.696.4570 does it all. Just do the the math, OP. Example for a 60 month loan: 20k @ 3% is $1,621 in interest paid. Total Cost of car = $21,5622k down so a loan of 18k @ 5% is $2,381 in interest paid. Total Cost of car = $22,381. So it depends how much your credit score affects your rate. The right answer here is pay off your credit cards first!First negotiate the price of the car as much as you can. Then when it is all set and you are ready to pay, just pull out your credit card. They will have to pay close to 3% fee so they will have to reconsider this now. You will at least get 1% cash back (and perhaps 2% if you use the right card).Florida!!!!!! It would be Florida without question. When I was shopping for a used F-150, Florida almost always had the best prices behind Texas. Basically goes with anything, their used market is just better. And I'm from California. Northern Virginia and Chicago-land used to be the cheapest place to buy new Hondas.Car salesman, Mostly true, depending on the brand. All brands run monthly targets but not all brands need targets to be hit every month. Generally speaking delivery time is 3-4 days. Please don't wait till the 31st of the month - especially in Feb. True, transporting cars costs the dealership money.Do: Research Your Purchase. Don't: Go to a Dealership Without Already Having a Financing Offer. Do: Talk to Your Insurance Agent Before You Buy. Don’t: Start …Aug 8, 2016 ... Never, ever buy a car without face-to-face contact. eBay car sales are simply (like Craig's list) a way to get sellers and buyers together. You ...Start the car. Take 20-30 seconds and listen for any weird noises, belt squeals, strong tapping/knocking sounds from the engine, sputtering or hesitation, etc. Check the hvac controls, radio, lights, etc. Make sure the CEL / ABS lights aren't on. Drive it around and see how it feels.The Credit Union's website should have auto rates published. Credit unions around you are probably advertising car loan rates. Look for the lowest one and get approved through them. When you meet with the salesperson, just say that you are preapproved and will be happy to discuss it when you get to finance.First time buying a car!! I am looking for a Toyota Corolla. I would love to get a 2023. I was thinking on putting a 6-7k deposit down. I make your average 38k a year. I have a decent …Don’t: Only Look at the Payment. Many buyers focus only on the monthly payment, but that’s a bad way to buy a new car. Instead, look at the total cost, including interest payments and other fees over the life of the loan. It’s simply not worth saving that $20 per month if it means making payments for another year.Here's a case study: This BMW says it has "Executive Package". It doesn't. You can look up a BMW's exact build by adding it to BMW's online "My Garage" even if you don't own it. It reveals in fact, that CarGuru's entire list of "Options" for this car is almost all wrong: Adaptive Suspension - Standard, not an option. The person selling it needs to have the title in hand. Do not hand over money without the title. Make sure the title does not have any liens against it. unless the person you are buying it from has the title in hand. Check the Kelly Blue Book/Black Book, NADA, Edmunds, etc.. would give you estimates of used car prices. Not super complicated. Those with good credit can buy new cars for between 0-2% interest rates with $0 down. Never been better to buy new cars if you have good credit. Whether new cars are a waste of money or not will continue to be argued until the end of time. Used cars, probably 2-5% for good borrowers.The fastest one is to sell it to a dealer or some of the companies that buy used cars as Carvana, CarMax, Vroom etc. The money that you will receive will be less than the retail value but if your car is in good shape the cut will not be that big. The second way is to do it by yourself selling the car on the street.Looking to buy a new car because of a second child Location: Belgium (Europe) Price range: Max 25.000 euros (looking between 20 and 25K) will trade in current car Lease or Buy: Buy New or used: Used (but on the newer side - 2020 and newer) Type of vehicle: car/sedan Must haves: Trunk space, smooth riding , comfortReddit is not the only company launching ways for communities to host conversations. Reddit announced Thursday that it is testing Discord-like chat channels with select subreddits....Buying a new car virtually never makes sense from any sort of rational economic argument. Used cars have a lot more usage for the buck and tie up a lot less money that could be earning you more money. (Or, God forbid, result in less money you take out in loans. Please tell me you're not considering doing that.)Might have to shop around a little. In the past getting out the door at msrp would have been good in an average fee state. You're probably looking at 10% higher for new on average. Decent beaters are up like 50+% in comparison. You might lose as much buying a temporary $3-4k car today as you would on buying a new $20k in this …Yes I ended up buying a 2016.5 CX5 demo/loaner. New price was $26k, I got it for 20k+TTT w/5600 miles. I, like you, searched through quite a few from dealerships in a 100 mile radius and this is my advice to you: Inspect the other loaners. For example, in Orlando, Classic Mazda "pride" themselves on offering loaners for …IMO, buying is better if you plan on keeping the car long term. You’ll pay it off and actually have some equity (and savings) when it comes time to buy another car. If you have to have to new, shiny car every few years, then leasing is better as you aren’t taking such a big depreciation hit. 35. basicspace_.Feb 8, 2021 ... Advice for details on buying a car out of state · Have the salesman send you a walk around video, pictures, vehicle history, and the inspection/ ...Odds are, the want for a car will turn into a need for a car in a few years, if/when you move and/or start a family. After you pay your loans off, save up 20% as a down payment, and finance the car over 3 years. A Honda civic will be perfect, you will likely not need another car for at least 15 years.These aren’t gospel, but a guide to the cars history. Get Pre-approved at your local credit union for a total dollar amount at X rate. Have a mechanic you trust lined up to do a PPI for the vehicle you choose. Call the dealership. Ask for an appointment to see the vehicle. Do NOT let someone do a four square on you.Mileage. 3rd generation model (late 2011 and later) To give you an idea of what $6k might buy you elsewhere (in Florida, non-dealers anyway): 2014 (3rd gen) Ford Focus SE, 35K miles $5700. 2011 (2nd gen) Ford Focus, 68k miles $5100. 2013 (3rd gen) Ford Focus SE, 69K $5995. 2012 (3rd gen) Ford Focus, 98k $5995.HR Greg are charging over $2,500 on bogus fees over the advertised price. This should be illegal, but is common practice in dealers in Miami-Dade. My advice if you want to buy a … just use autotrader or cargurus etc, they have good filters and search a combination of carmax and dealership lots, and some private party postings. craigslist is for sub $5k cars imo. Cargurus. I like Autotempest, it’ll search multiple sites for you. Car Gurus and cars.com are good. If so, make sure you have the key to them. Jumper cables, phone charger, quart of oil, gallon of 50/50 coolant, flashlight, utility knife Registration papers Car wash and interior scrub/vacuum Replace cabin air filter Note how much fuel you can fit in at “fuel low” indicator vs the official tank capacity in manual.Jul 7, 2023 ... I've been looking and used car prices are crazy. My question is, is it still worth it to buy used? On one hand a new car usually works pretty ...Next multiply gross revenue (12 month period to remove seasonality) by a factor of 4-5. If the car wash is in great working order with little deferred maintenance use the 5 factor. If it needs a lot of work try 4. If it’s not even operational then 4 and subtract the biggest deferred maintenance items from that number.This will allow you to have the "cash" and will allow you to set a walk out price for the car. Then in the financing part you can use that to get an even better deal on financing. If they can't beat it, you to with the one you brought. dissectingAAA • 6 yr. ago. Check out r/askcarsales. There is a wiki/faq.I wouldn't buy a Mitsubishi with a third of that mileage. Depends on the price, I wouldn't buy a car with over 150,000 miles on it unless I planned to keep it for a while as my beater or as my project. I bought a 2000 civic at 153k. It was a stick shift and was an amazingly reliable car.These cars get servicing way more than 90% of private sales cars would. A huge percentage of rental cars are driven by business people, specifically sales folk. They are too bust getting aggravated by customers to stunt drive the car they rented. Inspect it as well you can, but don't reject one out of hand. Title issues automatically put a car in poor condition for valuation. If you try to trade this car in a few years, most dealers will offer you $500 for it. You could buy this car and have good luck and have found an unbelievable deal. If it doesn't go your way, it could go really badly. Blackout2882. The biggest cons I can think of are 1.) I don't need a car because I already have a company car, 2.) depreciation is real fam, 3.) the winters here (Minnesota) would terrorize my vehicle (salt, snow, etc), and 4.) I plan on moving back to California and moving a car seems like a pain.High Mileage for Used 2023 Kia Sportage. I'm currently looking into buying a used car and one of the cars available at my dealership is a 2023 Kia Sportage. The car is at a …Sep 18, 2022 ... If market is favorable and rising, then try and secure a sub 3% interest rate, modest down payment (ie 5,000 or so), and invest the rest while ...My wife and I recently purchased our first vehicle in over 10 years and we got lemoned. Used car, didn't have time to take it to a mechanic prior to purchase (I ...Dec 18, 2019 ... Keep the car. Buy some upgrades. Make it what you want. Why are vehicles so disposable to people? If paid off and a good vehicle, keep it. I'll ... Yes, they are where I would send my less knowledgeable friends and family to buy a car in a heartbeat, no BS like you get at dealerships. My fiance and I bought two cars recently from Carmax. Dealerships were selling the same cars for stupid amounts. We got pretty fair deals from Carmax. Don’t: Only Look at the Payment. Many buyers focus only on the monthly payment, but that’s a bad way to buy a new car. Instead, look at the total cost, including interest payments and other fees over the life of the loan. It’s simply not worth saving that $20 per month if it means making payments for another year.Used cars are hard to finance as it is, And the cheaper it is the harder to finance. And you will be getting involved in some crazy interest rates. The last thing you want to do is buy …And until new car inventory is able to meet demand, new cars are a better deal. This is more a personal preference than it is a finance question. You've run the numbers, you make $120k, and a $30k car is 25% of your gross annual salary. It falls right in line with the general recommendations I've always seen.Supply chain during Covid means 7.9M fewer cars were produced in '20-22 vs. steady state of 2019 (~17M cars sold). That's about 16% fewer cars. Not sure how 2023 is trending but it's probably not back to the old days.Next multiply gross revenue (12 month period to remove seasonality) by a factor of 4-5. If the car wash is in great working order with little deferred maintenance use the 5 factor. If it needs a lot of work try 4. If it’s not even operational then 4 and subtract the biggest deferred maintenance items from that number. 17k+ in cash would do a lot better in a retirement fund or diversified investment IMO. And if you have personal investment opportunities, you really just have to beat the financing rate for it to make sense for you to take a car loan vs. pay in cash. Every time someone says something like this, I wonder. I used to be a GM at Thrifty Car Sales. Find out if the Hertz dealer is corporate owned OR Franchise owned. The way an ex-rental works is that the company bus a new car, rents it out and depreciates it and "pass the savings to consumers". All that sounds fantastic, and in most normal circumstances makes perfect sense and … Cars in the $5k-$8k range are normally pretty good (Hondas, Toyotas, Nissans are pretty reliable). They'll require proactive maintenance and infrequent repairs, but should last a good 5-10 years before it is more trouble than it is worth. Avoid auto loans if you can. That monthly payment could be going somewhere else. Not super complicated. Those with good credit can buy new cars for between 0-2% interest rates with $0 down. Never been better to buy new cars if you have good credit. Whether new cars are a waste of money or not will continue to be argued until the end of time. Used cars, probably 2-5% for good borrowers. Sometimes private car deals have gone wrong. Do the exchange near a police station or at least a public area and don't do it alone. Don't do it alone is smart, but I've never done an "exchange" like this without taking it on a test drive and having a mechanic check it out for a few hours. Step 1: Move to Texas.ADMIN MOD. Army E3, Need advice buying a new car upfront. So I'm in my first duty station and I've been thinking about buying a new car. I plan to pay it upfront from a Honda dealer. New 2020 Honda Fit LX MSRP $16,999 Tax: 4.712% I was told I could get $500 discount by being in the military Credit score: 790s.You go on their website, find a car you want to purchase, proceed through “getting started” aka checkout, and then begins the purchasing process. You have 40 minutes reserved to make this purchase. You have the option to trade in a vehicle at this time. You can choose to pay via cash or finance. After that, you’ll pick delivery or pickup ...r/KindVoice will match you up with a volunteer that will listen to you. 7 Cups of Tea has both a free trained volunteer service as well as $150 monthly licensed therapist option. If you are in a crisis and want free help from a live, trained Crisis Counselor, text HOME to 741741.3.) Schedule a test drive and tell the seller if the test drive goes well you would like to have a pre-purchase inspection performed prior to purchase. If they say no, walk away from the car. Never buy a car, even from a dealership without a pre-purchase inspection from a third party mechanic.Aug 16, 2023 ... COVID supply chain ripples and inflation is permanent. Not only are used car prices more expensive, but so are new cars. And everything else ...Also when the car was salvaged also is important. If the car is 25 years old and was salvaged 8 years ago, probably wasn’t a whole lot of damage. But if the car is 5 years old and salvaged last year there was probably a lot of damage. Also if the car has been on the road for a long time after it’s been rebuilt that’s also a good sign.r/cars: r/Cars is the largest automotive enthusiast community on the Internet. We're Reddit's central hub for vehicle-related discussion, industry… Roscoe340. • 2 yr. ago. IMO, buying is better if you plan on keeping the car long term. You’ll pay it off and actually have some equity (and savings) when it comes time to buy another car. If you have to have to new, shiny car every few years, then leasing is better as you aren’t taking such a big depreciation hit. 35. Still, when you do buy, a lightly used car with warranty can save you a bundle. Financing $25k for 3 years at 3% costs $550 less than same rate and principal for four years. Your same argument could be made about using the $25k you have to buy the car outright then using the cashflow to invest. Yes, they are where I would send my less knowledgeable friends and family to buy a car in a heartbeat, no BS like you get at dealerships. My fiance and I bought two cars recently from Carmax. Dealerships were selling the same cars for stupid amounts. We got pretty fair deals from Carmax. You can get insurance the day of, literally will take 10-15 minutes. The insurance company will need info about the car include vin, details about the car, your license info, your driving plans including planned mileage and what kind of coverage you want. They can even email you the insurance card. Please get this before you …Reddit is a popular social media platform that has gained immense popularity over the years. With millions of active users, it is an excellent platform for promoting your website a...

Shop S-Mart. Edit: The bestest cheapest way to own any car is to treat the machinery gently. Drive it like you want it to last, and stay on top of fluids, especially engine oil. Any machine, especially a vehicle, will last much longer with far fewer repairs if you drive gently. Good luck.. Is swvxx a good investment

reddit buy a car

Hey gang - I'll try to keep it short and organized. My wife and I are expecting twins in May/June and are looking to buy a Toyota Sienna before they're born. Based on Autotrader prices for used Siennas you're not getting that much of a discount for buying a ~2 year old vehicle with 20,000 miles so for now we're focused on new …You arrange the sale via ebay, but payment happens outside of ebay, they don't charge a percentage for cars, just a flat fee. I had some people that I trust check out the car, and once they told me to go ahead, I sent a wire transfer, and had the car shipped. It worked out great. Bentley-Benz. • 6 yr. ago.The fastest one is to sell it to a dealer or some of the companies that buy used cars as Carvana, CarMax, Vroom etc. The money that you will receive will be less than the retail value but if your car is in good shape the cut will not be that big. The second way is to do it by yourself selling the car on the street.Never buy a smoker’s car. You will never get rid of the smell. Don’t buy a car just before a major service is due. If you’re looking at a first car then you might not want to spend too much. It can save you £500 buying a car that’s just had its major service with say 60,000 miles on, than buying the same car with 55,000 miles …Never buy a smoker’s car. You will never get rid of the smell. Don’t buy a car just before a major service is due. If you’re looking at a first car then you might not want to spend too much. It can save you £500 buying a car that’s just had its major service with say 60,000 miles on, than buying the same car with 55,000 miles …In fact, the lower the resale value the more it makes sense to buy new. For example, let's say the car has a resale value of zero after 10 years. That makes the new car $2,100/year ($21,000 divided by 10) and the used car $ 2,000 per year ($16,000 divided by 8). That's only a difference of $100 a year!Right now, buying at the end of the month doesn’t matter. Old world, maybe. My experience was yes. Bought a 4 door wrangler for the price of a 2 door because the salesman needed that unit, the 4 door price was outside of my range, but the 2 door was in my range... and it was 7:30PM. New world, no chance.You want to head over to car advice or r/whatcarshouldibuy. Your credit score is amazing, so you want a apr of like 6% to 8%. Where they get you is on financing. If you can get a car loan through your credit union, that's gonna be the best bet. If you want a crossover, I would recommend looking at anything Toyota.InvestorPlace - Stock Market News, Stock Advice & Trading Tips If you think Reddit is only a social media network, you’ve missed one of... InvestorPlace - Stock Market N...If you are leasing, buy when the new models come out; fresh metal means higher residuals, and that keeps payments down. if you trade in often, just keep an eye on incentives; when they get big, pounce. 4. pizza_cfed. • 7 yr. ago. The best time to buy a car is RIGHT NOW. 7.Looking to buy a new car because of a second child Location: Belgium (Europe) Price range: Max 25.000 euros (looking between 20 and 25K) will trade in current car Lease or Buy: Buy New or used: Used (but on the newer side - 2020 and newer) Type of vehicle: car/sedan Must haves: Trunk space, smooth riding , comfortr/cars: r/Cars is the largest automotive enthusiast community on the Internet. We're Reddit's central hub for vehicle-related discussion, industry… ChrisFix made a longer video on How to Test Drive and Buy a Used Car. Most of the information is pretty solid. The /r/cars community came together to offer their advice when used car shopping. 4Chans Guide to inspecting and test driving a used car. It's accurate and covers a lot of things you should look for. HR Greg are charging over $2,500 on bogus fees over the advertised price. This should be illegal, but is common practice in dealers in Miami-Dade. My advice if you want to buy a …Ideally, find brand new. You can find a local dealership selling a reasonable car for MSRP on the lot. 2nd best option is a local dealership that will put you on a wait list for a car at MSRP. On either one, make sure to see the out the door price to make sure that they aren't padding the sale with thousands of dollars of add-ons that …Purchased a 1988 Honda civic in in 1995. Once the decision was made the owner produced pictures of the car showing the entire rear end was replaced and it had a salvage title. I purchased it for $2400. I drove the car for 2 years, and my sister drove it to school for four years. Got $1000 for it as a trade in.Shaax-. •. People recommend the 20/4/10 rule. Only buy a car if you can afford 20% down, If financing do it for 48 months or less to stay ahead of the depreciation curve, and make sure the cost of owning it is less than 10% of your gross monthly income. Seems like a good rule to follow.Here's a case study: This BMW says it has "Executive Package". It doesn't. You can look up a BMW's exact build by adding it to BMW's online "My Garage" even if you don't own it. It reveals in fact, that CarGuru's entire list of "Options" for this car is almost all wrong: Adaptive Suspension - Standard, not an option.In general you have to figure out what car you'll buy. Get your insurance. With your insurance you can go to the "Zulassungsstelle" and get your plate number. Then you go to a shop that makes the plates, usually near the Zulassungsstelle. With the plates back to the Zulassungsstelle to get your stamps. Put them on the car and you are …Any & all advice/insight is appreciated! Branded title: 2020 WRX Premium $25.5k @ 26.5k mi — 2020 WRX Premium $27.8k @ 23.5k mi. Clean Title: 2017 WRX STI Limited $32k @ 26.4k mi. I am a bot, and this action was performed automatically.A subreddit for news, culture, and life on the Korean Peninsula. Welcome to everyone, including native Koreans, Korean diaspora, and foreigners. The 2021 Korea Car Buying Guide (used car focus) Hello fellow redditors and internet searchers, I’m an American living in Seoul. I have a valid USA driver’s license, a ….

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