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Chronic Car Buyers Anonymous

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Comments

  • nyccarguynyccarguy Stamford, CTPosts: 7,111
    I guess that means I spend too much time on the boards;)

    2001 Honda Prelude Type SH/ 2011 BMW 328xi / 2011 Honda Pilot EX-L w/ Navigation

  • Stever@EdmundsStever@Edmunds YooperlandPosts: 38,985
    Good for you!

    Although you already have the chops to step right in and run a car dealership. :-)
  • stickguystickguy Posts: 13,589
    edited December 2012
    Another ti popped up. Seem to be quite a few of these around. This one is even in my town. I am sure now that I bought one, a slew of great choices will now appear. But oh, that dreaded BMW window problem!

    http://southjersey.craigslist.org/cto/3492175931.html

    Pricey for the miles, but super rare and nice looking.

    http://southjersey.craigslist.org/cto/3454375320.html

    another high mileage oddball with a manual trans, but this one a lot cheaper.

    http://southjersey.craigslist.org/cto/3454375320.html

    Could revisit the past. Not only did I have one just like this, I think I actually had THIS one! Only because the plate frame is from the Honda dealer where I traded it in, and I know they resold it!

    http://southjersey.craigslist.org/cto/3475663955.html

    Could be a not bad deal.

    http://southjersey.craigslist.org/cto/3425049190.html

    another nice looking hi miler, that looks like it just ate the prior owner alive. perfect time to buy!

    http://southjersey.craigslist.org/cto/3461666813.html

    2013 Acura RDX (wife's), 2007 Volvo S40 (when daughter lets me see it), 2000 Acura TL (formerly son's, now mine again), and new Jetta SE (son's first new car on his own dime!)

  • xwesxxwesx Fairbanks, AlaskaPosts: 8,269
    Boy, that Scion is an ugly car. No surprise why you'd offload that! :P

    I like the 528i, but no mention of transmission, which makes me think it's probably an auto?
  • tjc78tjc78 JerseyPosts: 5,025
    Back in 2000 I was seriously considering an I30. Very nice car, but I just preferred the Avalon at the time.

    The I was also a little more expensive, due to the crazy way Infiniti bundled the options.

    1999 Chevy S10 / 2004 Merc Grand Marquis / 2012 Buick LaCrosse

  • ronsteveronsteve Posts: 435
    edited December 2012
    Could revisit the past. Not only did I have one just like this, I think I actually had THIS one! Only because the plate frame is from the Honda dealer where I traded it in, and I know they resold it!

    http://southjersey.craigslist.org/cto/3475663955.html


    That Scion is no thing of beauty, but a hatchback with 3 pedals and a hole in the roof is a good way to get my attention. But I'm not in Jersey. And the Volvo just got new shoes.
  • stickguystickguy Posts: 13,589
    99% of them were AT, so good bet. It would say in the ad if it was a stick.

    and the Scion is not that bad in person. Main reason I got rid of it was because at the time the 2 door/small back seat concept was not working (2 kids being toted around at the time). Now, just me, so not an issue.

    2013 Acura RDX (wife's), 2007 Volvo S40 (when daughter lets me see it), 2000 Acura TL (formerly son's, now mine again), and new Jetta SE (son's first new car on his own dime!)

  • fintailfintail Posts: 32,923
    Silver 00 528 rubs me the wrong way - mileage is "on engine", dent in door, ad seems a little off.
  • qbrozenqbrozen Posts: 16,897
    It was around 2001 I tried an I30 on. Agree, nice car, but wasn't my style at the time. Too soft. The CL I drove that same day was much more my thing. Would have bought it had the numbers worked out. I did wind up with the S70 T5 that go around, so it worked out for the best.

    '13 Stang GT; '86 Benz 300E; '98 Volvo S70; '12 Leaf; '08 Town&Country

  • Our ML320TDI was totaled in Hurricane Sandy (flooded). Our insurance paid approximate retail value of the car (~$38K). We rarely drive the car -- maybe 25 times per year for 2,500 miles -- so we are unsure whether we should lease or buy a new or used car. (We owned the car prior to moving to NYC.) We have a young daughter so having a car makes going to see friends outside NYC easy. Whether it makes sense or not, we are going to get another car.

    Any thoughts are appreciated.
  • Stever@EdmundsStever@Edmunds YooperlandPosts: 38,985
    Another option would be renting or checking into something like ZipCar.
  • fintailfintail Posts: 32,923
    If you liked the ML, maybe find another one of similar year and miles - from what I can tell, insurance payouts tend to be high retail on highline cars, so it shouldn't be hard. Or, if you are feeling like a spender, put 38K down on a new one or especially a leftover 2012 model - the next 10 days are probably a good time to deal. Or just lease if you find a good enough deal. A year or two ago, a guy I know leased a ML Bluetec for something like $479/month with 5K down, MSRP like 56K, end of the year deal.
  • xwesxxwesx Fairbanks, AlaskaPosts: 8,269
    Given the extremely low miles, I'd think that buying would pay you back better in the end, because most of what you pay for a lease is entirely independent on how far you drive it (up to the mileage cap), and it is time-limited. If you buy, you could easily keep it ten years and only have 25,000 miles on it at the end of that time! Translation: You still have a new car after ten years and only paid about 2x the cost of a single lease. ;)
  • jayriderjayrider Posts: 3,198
    The VW Passat TDI has a decent lease rate but compared to the price of a new Mercedes, you could buy it outright. Take a test drive. I really like my Buick LaCrosse and they are discounting them as well.
  • corvettecorvette United StatesPosts: 4,005
    If I lived in NYC, I would either do without a car or, if I must have one, get something that I wouldn't mind getting beat up, stolen, etc.

    If you want something nicer, I think Mercedes does offer a 7500 mile/year lease, though I'm not sure of what the rates are right now. The 3-series and A4 are popular, fun to drive, and in your price range. I think it would be easy to carry two adults and one kid in one.
  • fintailfintail Posts: 32,923
    Definitely something you might want to buy as a late model used car, too - they depreciate at a good clip. Good points were raised about low miles and NYC too - might save money to rent cars, but then again, that can be a hassle too.
  • All good thoughts. Zip Car is not as cheap as I would like and dragging a car seat in and out every time is a pain. We are willing to pay not to have to do that. As mentioned, the low miles per year make purchasing attractive. Also, cars get dinged up here. Ideally, I do not want to spend more than the payout ($38K). I would love to get a used 5-series wagon but they are expensive, even with higher miles. I would also like to check out used Jeep Grand Cherokee models. Maybe the Limited or Overland.

    Is it a better value to buy a new car (putting the $38K down) or buying a used car for <$38K total? Which scenario is like to net out better in 5 years?
  • roadburnerroadburner Posts: 6,020
    edited December 2012
    I've been dealing with a pinched nerve in my back/leg; today's hearing was in a county @2 hours away so my wife told me to take her 328i since it has power lumbar and heated seats. I'm 55, so I'm not in full geezer mode yet- but I can't see how I'd ever want anything much larger or softer than an E90- and it would still have to be equipped with a stick...

    2009 328i / 2004 X3 2.5/ 1995 318ti Club Sport/ 1975 2002A/ 2007 Mazdaspeed 3/ 1999 Wrangler/ 1996 Speed Triple Challenge Cup Replica

  • Stever@EdmundsStever@Edmunds YooperlandPosts: 38,985
    Sorry for dragging you a bit off-track (again), but how's your parking situation? Always on the street? (If you have a garage space in Manhattan, just lease that out and use the monthly rent to hire a limo service, lol).

    Every thing else being equal, it's generally better to buy used and let someone else eat the initial depreciation (figure ~10% a year for most cars but some are worse than others).

    2012 Used Car Best Bets
  • corvettecorvette United StatesPosts: 4,005
    You're probably better off buying a low mileage used car since the depreciation curve won't be as steep. With the lower mileage you'll be driving, the reliability issues that often crop up with European cars may be less of an issue.
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