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Comments
Especially if it's a 4 banger. They'll go forever with normal maintenance....especially if you still owe on it. At least get to the point where you own it...then make a decision. I've had a couple Camry's that easily have gone to 140K miles with durable results. It's always nice to drive a new car, but I think it would be prudent in this case to wait....but that's me.:))
PS: I got good money for my Camry's when I sold them on my own..even with high mileage. Their in demand in my area of MN..
In fact, older Camry's are the highest percentage stolen vehicles in the Twin Cities!! Especially the 87-91 vintages. I sold my 88 LE V6 with 145K miles on it for $5500 cash in 1997. (That's a 9 yr.old car!)
BTW, I had the pleasure of meeting cliffy1 at a Pentagon Federal Credit Union Car Tent Sale about 3 years ago and he was just as helpful in person as he is on this site. I was interested in an Avalon for my wife, but she "moved up" to an ES-300. At the time I met him, I did not know he was "cliffy1" and I think he was working for Springfield Toyota. I know cliffy1 would not remember me.
I suppose the other question is whether an extended warranty is necessary on a Camry at all, but I am a little nervous about how many electronic systems could go wrong on today's newfangled cars.
Until recently I have been in the used car business for over 20 years as the owner of several used car lots and have bought and sold thousands of used cars in that period.
In your situation the majority of your depreciation is behind you and being you said you owed $5500.00 dollars on your car your approx. equity would be around $5000.00 dollars or so and depending on what state you live in your tax savings may be another $800.00 or so if you traded your car in now but in reality you will have the same equity even if you keep your car for another 5 years or so(based on having it paid off}
Normally when a late model vehicle has high mileage most new car dealers have little interest on putting it on their front line and general either auction or wholesale the unit.
As a used car dealer I always had a fantastic demand for older Toyota's regardless of the mileage and with out any doubt I would say that in 5 years from now if you put an add in your local paper selling a one owner Camry that was dealer serviced since new (as you said your was)I would say that without any problem at all you would get the same $5,000 dollars equity that you have now.
Naturally this is based on your car being in good condition at this point and you feeling comfortable with your car and keeping it for years to come.
The math is simple...if you buy a new car now and with the amount you drive 3 years from now you will loose another $12,000-$15,000 dollars in equity.
On the other hand some people like owning a new vehicle every few years with an extended warranty for the peace of mind it gives them and are willing to pay the much higher cost of having that.
It's always easier to negotiate a better price when you are taking a unit from inventory on the spot but many dealer will also negotiate a fair price on a preference requested Camry
I didn't get the best possible price, but it seemed like a reasonable price and I didn't want to spend another day or two dealer-hopping to save another couple of hundred dollars.
(i) When the engine starts after long parking, blue smoke emits in the first 1-2 seconds;
(ii) Engine hood shakes from time to time when car stops at lights. Shaking stops once it starts to move;
(iii) Strong smell of mold when air conditioner is activated.
Are these big problems? Anyone can help me in shedding some light in how to deal with these problems, especially the third one? The smell is a bit overwhelming, and I have to run the air conditioner in the summer. Many thanks.
2. Check the engine mounts.
3. Try an airconditioning disinfectant from any good auto parts store, and also check the evaporator drain tube for blockage.
If I understtod all this correctly, and that would be a first, and I can not stike a deal when I purchase the car here in PA, could I be one of those 3 you sell like this each month...?
In general, extended warranties are commodities that can be sold by any authorized dealership to any customer at any price that is mutually agreeable to both parties. It should have nothing to do with where the car was originally purchased, but of course there are time and mileage limits within which the warranty extension has to be made to be valid.
Hope I am not being presumptive, Cliff, in this reply...like everyone else, I value your participation in this forum a great deal [I am back in the Toyota family again - we just bought an '03 Corolla LE...great car so far at one month and 1300 miles].
Thanks,
Scott
Before you see the posts (that will follow) about what a mistake you did getting the car with the "Toyo Guard" and that you a sucker because it is overpriced, I get my cars and trucks with the Toyoguard because I like the etching in the glass, the paint sealant, fabric protectant,the insurance policy Southeast Toyota has on my vehicles against theft and the sound protectant sprayed on the under the car.
Congrats on your new Camry!
Sorry to other guys as my previous message was a little discordant among your hectic discussion on the new Camry.
I am schudeled to pick up my new Camry in 2 weeks and I am a little concerned about what I have been reading about the driver seat.
~alpha
Worst comes to worst I'll get some sort of seat cover.
Thank you.
After reading your posts I am a lot more comfortable knowing that overall the Camry seats are not a problem.
What originally gave me concern about the driver seat was a few earlier posts in here and then I clicked on another topic on Edmunds about the most uncomfortable seats in any car and out of the 10 posts in that topic 2 were about the "02"Camry seats and both seemed to have developed back problems or aggraveted existing back problems since they purchased their Camry's and I have to say that did may me wonder a little.
Well at least now I feel that it is not a concern for the majority of the Camry owners.
Thanks again.
Thank you.
Anyone have a recommendation for a wonderful seat cushion that might help? I have plenty of room to move the seat up or down, forward or backward, to fit a cushion of almost any size. The issue is comfort, not position.
~alpha
I have, unfortunately, tried too many of these products and if you have a well running engine, even if they did work, they would probably show you no resutls as you are fine to begin with.
You are wasting your money and for the most part these additives are Snake Oil.
~alpha
The ones with the "GE" head are interference.
http://www.newsnet5.com/news/specialassignment/news-specialassignment-77916020010517-050557.html
I deleted my last post, because I don't want anyone to see it and go buy something actually will damage their car.
Good luck with your "high-mileage" 95 Camry, subzero! :-)
An independent sound store also told me an after market disc changer, in dash or trunk mounted, would not work either because of the way the Navi screen is also used for the radio, CD, and cassette sound controls.
So far I have been unable to find a way to add a six disk changer to my XLE w/Navigation. The dealer still says it is not possible.
Looks like I'll just have to wait for the next generation Camry to enjoy a changer.