Did you recently take on (or consider) a loan of 84 months or longer on a car purchase?
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2001 Prelude Type SH, 2022 Highlander XLE AWD, 2025 Camry SE AWD
You have a different philosophy about financing than I do.
Look at my sig, we have more in common than you probably think.
Considering how little I have driven it, I should have skipped buying anything.
I prefer to have cash flexibility with interest rates so low.
Compared to buying the same car new, your cost of ownership will be lower because you didn't eat the initial depreciation.
At the end of your ownership, evaluate your TCO (total cost of ownership) and use that knowledge to inform your next choice. Many sites, including Edmunds, also have TCO tools that will give you an expectation about vehicle ownership costs, and I'll tell you now that they are not zero....!
Hopefully you'll have fewer miles than that and the car will be in top shape.
you paid 20K? Not bad at all. Say it is worth 10K after 3 years. meaning 10K depreciation too. That is about $275/month, for 40K miles. look at it another way, and that is a respectable lease payment for a car like that, but you would have gotten few miles. And that value could easily be on the low side. Or just keep it for another 2 years, and your annual costs will drop, because it likely will depreciate less in year 4 and 5.
2020 Acura RDX tech SH-AWD, 2023 Maverick hybrid Lariat luxury package.
Automatic
Tank Green with Black Hard Top - I have the premium soft top as well. Doesn't need tires but probably rear brakes soon.
Thanks
if carmax really likes it, they might offer $33k-$33.5k. Miles are on the high side though.
'11 GMC Sierra 1500; '98 Alfa 156 2.0TS; '08 Maser QP; '67 Coronet R/T; '13 Fiat 500c; '20 S90 T6; '22 MB Sprinter 2500 4x4 diesel; '97 Suzuki R Wagon; '96 Opel Astra; '11 Mini Cooper S
So if you end up having only spent $8,000 with even more miles, you did well! Used cars should be able to beat new cars in costs/mile driven; assuming they are not an unreliable pile of crap.
What could I expect for trade in value
2015 Golf SE 4 doors with Lighting package, no issues with 25K miles
Thanks
Location?
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2015 Subaru Outback 3.6R / 2024 Kia Sportage Hybrid SX Prestige
I guarantee my Kia won't be worth its residual value when I'm done with it.
2001 Prelude Type SH, 2022 Highlander XLE AWD, 2025 Camry SE AWD
2020 Acura RDX tech SH-AWD, 2023 Maverick hybrid Lariat luxury package.
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2015 Subaru Outback 3.6R / 2024 Kia Sportage Hybrid SX Prestige
2020 Acura RDX tech SH-AWD, 2023 Maverick hybrid Lariat luxury package.
My car will likely have under 20K on the odometer at lease end, but I can't make a compelling argument to buy it out. 36 / 48 month payments on the used car will still likely be more than the lease payments on a new one, with better tech all around.
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2015 Subaru Outback 3.6R / 2024 Kia Sportage Hybrid SX Prestige
2020 Acura RDX tech SH-AWD, 2023 Maverick hybrid Lariat luxury package.
Here's one my wife likes:
2014 CPO X5
Or to summarize,
In CO
2014 X5 xdrive35i
30,600 miles
Gray over ivory interior
Premium Package
Cold Weather
Luxury Line trim
3rd row
Navigation
Drivers Assistance Pkg (head-up display, back-up camera)
So, well loaded and CPO.
Auction? Fair Retail? CPO adds a couple grand or so, right?
2024 Audi Q8 e-tron - 2017 911 C4S - 2025 BRZ - 2023 A6 Allroad - 2024 Genesis GV60 - 2019 Cayman
2020 Acura RDX tech SH-AWD, 2023 Maverick hybrid Lariat luxury package.
2024 Audi Q8 e-tron - 2017 911 C4S - 2025 BRZ - 2023 A6 Allroad - 2024 Genesis GV60 - 2019 Cayman
Gonna trade the Type R for it? ;b
'11 GMC Sierra 1500; '98 Alfa 156 2.0TS; '08 Maser QP; '67 Coronet R/T; '13 Fiat 500c; '20 S90 T6; '22 MB Sprinter 2500 4x4 diesel; '97 Suzuki R Wagon; '96 Opel Astra; '11 Mini Cooper S
http://www.eimports4less.com/detail-2014-bmw-x5-certified_x5_xdrive35i_luxury_line_awd_7_passenger-used-16630370.html
2020 Acura RDX tech SH-AWD, 2023 Maverick hybrid Lariat luxury package.
@stickguy - we like the Mocha interior too, though the wife is pretty set on getting the sport seats.
2024 Audi Q8 e-tron - 2017 911 C4S - 2025 BRZ - 2023 A6 Allroad - 2024 Genesis GV60 - 2019 Cayman
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2015 Subaru Outback 3.6R / 2024 Kia Sportage Hybrid SX Prestige
26k miles
black on black
tech package
fx4 package
max tow package
moonroof
park assist
East Tennessee. Supposedly very clean, good condition, local trade for new Raptor a few months ago.
They have it listed at $45,5.. one quick call to ask a couple of questions, they've dropped to $44. You still thinking $40'ish at auction or have they dropped a little.. Edmunds "car appraisal" tool pegged at ~$38k trade in. Wondering how realistic it is to get them to $41'ish range.
'11 GMC Sierra 1500; '98 Alfa 156 2.0TS; '08 Maser QP; '67 Coronet R/T; '13 Fiat 500c; '20 S90 T6; '22 MB Sprinter 2500 4x4 diesel; '97 Suzuki R Wagon; '96 Opel Astra; '11 Mini Cooper S
Houston, TX
2024 Audi Q8 e-tron - 2017 911 C4S - 2025 BRZ - 2023 A6 Allroad - 2024 Genesis GV60 - 2019 Cayman
'11 GMC Sierra 1500; '98 Alfa 156 2.0TS; '08 Maser QP; '67 Coronet R/T; '13 Fiat 500c; '20 S90 T6; '22 MB Sprinter 2500 4x4 diesel; '97 Suzuki R Wagon; '96 Opel Astra; '11 Mini Cooper S
'11 GMC Sierra 1500; '98 Alfa 156 2.0TS; '08 Maser QP; '67 Coronet R/T; '13 Fiat 500c; '20 S90 T6; '22 MB Sprinter 2500 4x4 diesel; '97 Suzuki R Wagon; '96 Opel Astra; '11 Mini Cooper S
'11 GMC Sierra 1500; '98 Alfa 156 2.0TS; '08 Maser QP; '67 Coronet R/T; '13 Fiat 500c; '20 S90 T6; '22 MB Sprinter 2500 4x4 diesel; '97 Suzuki R Wagon; '96 Opel Astra; '11 Mini Cooper S
yes sir!... looked at the Plat... probably in the $56-57k range from a $64/65k MSRP. You'll see some Atl dealers showing $11k off MSRP, but thats w/ all incentives included. Since I don't have a trade in, I'll miss out on some incentives. The Lariat w/ the some options isn't too far behind that. And honestly, thats a little more than I want to spend, was hoping to stay around the $40 mark, to low $40's tops w/ a somewhat low mileage, good condition used and/or maybe get them to throw an ext warranty my way to cover beyond the 36.
As a generality statement, when a car/truck is right at or slightly above the 36k warranty, what does that do to a price? Let's say the same truck had 37k miles.... a grand less? I see the miles before a warranty expires as valuable to get any of the kinks out of the way on a used car... not sure how that translates to value on the sales side.
As always, appreciate your help.
So just taking a stab at building one and went with a 2017 supercrew Lariat 2.7L 4x4 with 502A package (nav, remote start, moonroof, etc, etc) for a total MSRP of $53,025. Incentives seem lower now than when I got mine, but looks like you could get that for $47k with some pushing (truecar shows a market average of $47,300). Not sure what more the platinum adds that is important to you. Just something to consider. Even if you got a great deal at $43k on the used one, $4k more for brand new and 2 years younger seems like a good move, IMHO.
'11 GMC Sierra 1500; '98 Alfa 156 2.0TS; '08 Maser QP; '67 Coronet R/T; '13 Fiat 500c; '20 S90 T6; '22 MB Sprinter 2500 4x4 diesel; '97 Suzuki R Wagon; '96 Opel Astra; '11 Mini Cooper S