Did you recently take on (or consider) a loan of 84 months or longer on a car purchase?
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Chronic Car Buyers Anonymous (Archived)
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I pay sales tax on each lease payment, so it doesn't seem like I would get a credit if I bought out the lease and traded it in (unless I paid sales tax on the buyout).
2020 Acura RDX tech SH-AWD, 2023 Maverick hybrid Lariat luxury package.
Help me before I descend into poverty.
I'm impressed that you aren't already homeless.
But, if you are replacing a 2006 MY with another 2006 MY - same make and model, just a different color, we may need to create a category beyond "lifetime platinum"
Pray tell, what do you have and what are you getting ... and most important ... WHY?
No wait, that is not true, I traded an 8-month-old Celica, but it was for a different model that I had a crush on.
I sold my truck a few months back, rather than ante up for a new $600 set of tires. Thought I had "DONE" the truck thing. Now I miss my truck so much I am looking at picking up a newer one. I have one lined up for a second look tonight after work, so I could be pulling the trigger pretty quickly here. Boy did they change the 4Runner between 1990 and 2000...
2014 Mini Cooper (stick shift of course), 2016 Camry hybrid, 2009 Outback Sport 5-spd (keeping the stick alive)
You don't get platinum status, until you get rid of it, because it's out of gas...
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-pre-1988, drove my parents' hand-me-downs
-1988 honda accord dx coupe, crank windows et al., kept 13.5 years, gave to brother-in-law
-1994 mb c280, gift from brother-in-law after death of sister, sold to pay off mtg
-carless for 1.5 years, rode bike, bus, and walked
-gifted with 1994 maxima with 175K miles on receiving, this is my current drive, and this car is so not me (power everything, leather everything, big, bulky, unwieldy, inefficient, vulgar, etc.) that it isn't funny. It gets horrible mpgs but it gets me around.
I have never understood why people get so much pleasure out of owning so many different cars. I was always nervous about my financial future, in a way that greatly outweighed any desire to own a new car. In the late 90s I had a terrible hankering for a VW TDI but I didn't want car payments on top of mortgage payments and gradually the feeling passed.
I guess you car junkies are fabulously well-to-do or something, because I would never have the nerve to actually buy car a year, or even once a decade! .It isn't that I don't like cars. I just like not having payments more.
I probably will make my second purchase within a few years, however. I would like to have something that is somewhat in line with my values: extremely efficient, understated, and reliable. At the moment, I have only the third.
But everyone else, don't be influenced by these descriptions of frugality! :-P
2014 Mini Cooper (stick shift of course), 2016 Camry hybrid, 2009 Outback Sport 5-spd (keeping the stick alive)
Fabulously well-to-do my foot... I just bought a $6 car this year, kept it 7 months and 6k miles, and sold it... money lost, $1200 with taxes, fees etc.... The gain was a 3rd car that kept the miles of the good van and saved the missus a lot of loading and unloading for her business.
The cost was $170/month if you work it out. Not dirt-cheap, but well worth it. And I don't do car payments either...
I just love anything with wheels. Bicycles most of all, but also cars & trucks...
-Mathias
Wow. That's the first time I've ever seen a '94 Maxima described like that. People usually fall all over themselves praising it.
Mark
As constant car shoppers I can tell you that we haven't met a car that we couldn't trade. I was in the MDX today cruising the Honda lot hoping to catch an early SI or something.
But payments are a fact of life. We swipe everything so at the end of the month we have credit card payments. All of our utilities and etc. go to another card so there's another bill. Then theres the aforementioned mortgage, insurance, taxes, diapers, etc The list goes on. Life is a payment. At least if you gonna spend $500/month on something, you might as well get as much enjoyment as you can out of it.
Keep on shopping!
Mark
So, I managed to get one in in CY 2005. Two, if you count the CRX I got for free. Keeping up the membership! :-)
2014 Mini Cooper (stick shift of course), 2016 Camry hybrid, 2009 Outback Sport 5-spd (keeping the stick alive)
Congrats Gee and nippononly!!!!
After a month on the market it finally sold. I will miss it as it was in near mint shape (60k original miles). Glad it went into good hands. The guy that bought it will turn it into a lowrider and then use it for demolition derby. :sick:
So much catching up to do on these forums. Been away almost a month cause I have a new girlfriend. Good thing she's into cars too, she'll understand.
2016 Audi A7 3.0T S Line, 2021 Subaru WRX
The MDX drives great. The dual front 8-way power seats means Gee can get more comfy when he isn't driving. The NAV is a fun toy and came in useful the first night when we were going a new way to my sister's house. We will take pictures soon and post them. Surprisingly clean vehicle for the mileage.
We do spend a lot on cars but we also save more than we spend. I have 401k, stock, savings and Gee has savings and a ROTH. We also have quite a bit of home equity as a crutch should we need it. So while at the surface we may seem irresponsible we are far from it.
I had the spider condo appraised by Carmax yesterday and they offered $5500. Gee is still torn over whether to sell it or keep it. And these are the days of our lives....
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1982 Plymouth Reliant (May 1989 - Aug 1989)
1989 Ford Escort GT (Aug 1989 - Mar 1991)
1978 Ford F-250 4x4 (March 1990 - ??)
1978 Datsun 280Z 2+2 (Nicki before marriage)
1990 Jeep Wrangler (Mar 1991 - Mar 1992)
1992 Chevy Cavalier (Mar 1992 - Aug 1995)
1984 Ford Bronco (Nicki before marriage)
1995 Nissan Altima (Aug 1995 - Nov 1996)
1988 Jeep Wrangler (?? - ??)
1996 Ford Bronco (May 1996 - Dec 1996)
1996 Nissan 240SX SE (Nov 1996 - May 1998)
1996 Nissan XE King Cab 4x4 (Dec 1996 - Mar 1997)
1997 Nissan Maxima SE (Mar 1997 - Sep 2002)
1985 VW Golf Diesel (?? - ??)
1999 GMC Yukon SLT (May 1998 - May 1999)
2000 Isuzu Rodeo LS 4x4 (May 1999 - July 2001)
2001 Honda Odyssey EX (July 2001 - **)
1986 Toyota Pickup 4x4 (?? - July 2003)
2002 Ford Mustang (Aug 2002 - Mar 2003)
1991 Toyota 4Runner SR6 V6 4x4 (Mar 2003 - Jan 2004)
2003 Honda Accord EX-V6 (Nov 2003 - Mar 2004)
2004 Honda Civic EX (Mar 2004 - July 2005)
2004 Kawasaki Ninja 250 (July 2004 - **)
2004 Toyota Tacoma SR5 V6 PreRunner (Oct 2004 - July 2005)
1993 Ford F-250 XLT 4x4 Diesel (July 2005 - Oct 2005)
2005 Honda Accord EX4 AT (Aug 2005 - **)
I had a Ninja 250 as my only vehicle back in 1992. It snowed lightly in Atlanta in October that year. After I drove home from in the snow from Buckhead with a hangover, I bought a 1990 Integra within a week.
Currently, the plan is to sell the Focus outright next summer before kid goes off to college; that leaves the VUE for the wife and the L300 for me.
Only 25 more payments on the L300 (geez, that sounds like a lot!), but I'm hoping to pay it off early as my child support obligations cease in about 18 months or so.
Will be nice to have a bit of extra cash flow in our budget.
What's funny is that by the time next summer rolls around, the Focus and the L will probably have the same amount of miles on them (45-50K). Wife asked if we'll break even on the Focus -- I'm pretty certain that we will, given that we owe about $8800 on it at the moment and the private party sale price, according to Edmunds, is about $9K. I imagine the numbers will only get better, as long as I don't put a huge number of miles onto the Focus (33K at the moment).
Next step, however, is to get new shoes for the Focus ... the OEM Goodyears don't look like they are going to survive another Colorado winter.
2014 Mini Cooper (stick shift of course), 2016 Camry hybrid, 2009 Outback Sport 5-spd (keeping the stick alive)
Tom in Virginia
1992 Grand Am GT HO Quad 4 5-speed (95-00) Fun autocrosser
1991 Chevy Calalier Z24 (95-01) Wife's college car
1985 Mazda RX-7 GSL (Aug/98-Oct/02) Free car for 3k miles, then parted out
1999 Ford F-150 Supercab (Feb/99-Jun/03)
1985 Mazda RX-7 GSL-SE (May/00-curr) Needs brake lines
2000 Ford SVT Contour (Jun/00-Feb/02)
2002 Lexus IS300 5-speed (Dec/01-Jan/04)
2003 Ford F-150 Supercrew (Jun/03-curr)
2004 Dodge Stratus SXT (Oct/03-Aug04) $1400 1yr lease special
2004 Chrysler Pacifia (July/04-Jan/05)
2005 Jeep Liberty Limited (Jan/05-May/05)
2005 Chrysler Town & Country Touring (May/05-curr) Lease for the first kid!
2005 Dodge Dakota QC V8 (Sep/05-curr) $2280 2yr lease special
I could use some advice from other CCBAers. I could not pass up the Dakota lease special (no payments for 24k miles) and originally intended to sell/trade the Supercrew. That would save a nice $564/mo for the 18 months we use the Dakota miles up, plus whatever equity I can get out of it (maybe $3k @ private sale) However, I'm now considering keeping rgw F-150 to drive once the Dakota goes bye-bye. The F-150 would be a 4yr old vehicle with 34k miles and $8k left to pay it off. It has a lot of equipment, so replacing it with a new 2007/2008 model would mean spending $5-7k more for an equivalent truck. I'd love to step up to a diesel 1-ton, but that's $15k more than I paid for my 03 F-150. And, the 3.99% rate I got @ my CU won't be beat for many years, maybe ever. When we move next year to a larger house for a growing family, the budget will get crunched for a couple years.
To complicate the problem, keeping the F-150 would mean I drive it once Dakota (in which wife commutes now) goes. Wife works for DCX and can park closer if driving a DCX product, so she's done w/ non DCX commuters. I love driving the F-150, but 80miles/day @12mpg is costly. I volenteered to drive the minivan when we got it because my wife was a non-believer. We bought extra miles for that lease, but is easy to go over. I'd love to pay for F-150 fuel for a year, pay the truck off and either have no car payment with lots of fuel or keep it as a recreational vehicle (towing, yard/housework) and buy something more economical for the commute. Wife will most likely lease a minivan about the same time as Dakota goes to commute (she's giving in). Or, I could sell the F-150, keep my two lease vehicles and take the risk there will be something inexpensive to lease/buy in 18 months. I don't like having only lease vehicles with as many miles as I drive to work plus weekend family trips. FYI, wife only drives 30m/day.
So, my requirement in 3 years and beyond is to have a minivan (prefer lease, not buy) and a truck. I prefer not to commute in a minivan (gimmie the fun manaul tranny car, please), and a truck is not economical. So, truck = 3rd vehicle and/or no payment primary commuter.
So, do I sell the Supercrew now?
'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
I think it was a 1-pay lease for $2,280 if I interpret his list correctly.
2020 Acura RDX tech SH-AWD, 2023 Maverick hybrid Lariat luxury package.
yeah, i saw that $2280 in the list, too, but .... but .... then its NOT 24k miles with no payments ... right?? And, anyway, what deal was this that you could get a dakota for less than $100 a month?!
'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
might be an insider deal, but he also referred to 18 months later on, so maybe that is it?
2020 Acura RDX tech SH-AWD, 2023 Maverick hybrid Lariat luxury package.
ok, ok, so 14 mpg really hurt, but it was still a pleasure to drive. Heck, just about any new vehicle is worth $100 a month to rent. (alright, let's just toss the bottom end hyundais, kias, and suzukis out of that statement)
'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
"I love my wife"!!!
I wanted to type this earlier but I didn't have anything else to say. Have you ever been sitting around bored and just started missing something? Earlier I was bored and Anony was in a meeting at work and I couldn't call her. We talk a million times a day and I missed her at that moment. It sucked. I need a job.
The Dakota is fine. The engine/tranny is nice for its weight. The back seat is larger than the Quad Cab Ram. Nice for the reverse facing child seat and not have mom kiss the dash in the front passenger seat. Bonus for the ride hight, about the same as the minivan for getting the kid bucked in. So far, 15mpg. Better than 12 F-150, but way fewer creature comforts. It's all relative.
I liked the late 90's Civis Si, but not the last two. I'll get a fun car again some day. I'd love a Miata. I haven't tried sitting in one yet (tall), but maybe the 2006 is large enough?
Line breaks, or, hitting the enter/return key.
I had two. First one was stolen right out of a detached garage. Second one I gad mad at on a snowy day when I could not get up a small hill. Like a dope I hastily traded for 4x4 Blazer.
I have been looking for a cherry one for the past 15 years.
Prices on the used ones are not too bad, and I like that they added a rear seat(for kids anyway).But I do not have a prayer of getting comfortable.
I like that Mazda is keeping the rotary engine alive though.
I loved the early ones, but never had the chance to own one. I poked around a bit with gen II converts, but ended up with a Miata instead.
2020 Acura RDX tech SH-AWD, 2023 Maverick hybrid Lariat luxury package.
Unless they changed it drastically since my '97 Dakota, I think its a great truck (other than the mileage). I only had the extended cab and found it very comfortable with a tremendous amount of torque and a really nice stereo with the infinity speakers (i still rate it as the 2nd best stock stereo I've ever owned).
'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
I went the RX-7 covert route too, but could just never get as excited about them.
So I ended up with a 10 year old Fiat Spyder. Needless to say I got to know Tony well.
Right now I have one eye out for a cheap MR-2 Spyder. Maybe with the weather changing someone will need to unload one.
2014 Mini Cooper (stick shift of course), 2016 Camry hybrid, 2009 Outback Sport 5-spd (keeping the stick alive)
I consoled myself by buying an '84 911 Targa...
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