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Chronic Car Buyers Anonymous (Archived)
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it does not have to be a terribly expensive proposition if you buy them right to begin with. Get a good deal and you can come out OK. Or maybe become a swap-a-lease junkie. I really want to try that one of these days.
'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
2020 Acura RDX tech SH-AWD, 2023 Maverick hybrid Lariat luxury package.
An X1 or an all trac type of car, with normal sidewall tires maybe. Actually subaru should come out with a 2.0t engine for the crosstrack. That would work!
Or just work on a the wife to want new wheels, and I’ll just keep the RDX for a beater!
2020 Acura RDX tech SH-AWD, 2023 Maverick hybrid Lariat luxury package.
it does not have to be a terribly expensive proposition if you buy them right to begin with. Get a good deal and you can come out OK. Or maybe become a swap-a-lease junkie. I really want to try that one of these days.
I'd love to become a SWAP A LEASE junkie. I know a few people who have done VERY well with it. You have to be patient, but the "deals" do come along. A customer of mine leased a base Boxster with PDK a few years ago for low $500 per month. The guy put a boatload of money down and never drove it. My customer's sister took over the lease of a maserati drop top for 4 months.
2001 Prelude Type SH, 2022 Highlander XLE AWD, 2025 Camry SE AWD
'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.swapalease.com/lease/details/2017-Chevrolet-Malibu.aspx?salid=1193082
http://www.swapalease.com/lease/details/2016-BMW-3-Series.aspx?salid=1201001
I’m still skeptical about costs to me. Are there any, or does the seller cover that? And I assume I need to pay DMV to register. Not sure about tax.
2020 Acura RDX tech SH-AWD, 2023 Maverick hybrid Lariat luxury package.
I've looked dozens of times, just never went into the process
2025 Ram 1500 Laramie 4x4 / 2023 Mercedes EQE 350 4Matic
'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 "borrowed" the card out of my son's camera and put a copy of the book on that, so I'm all prepared for the drive down now! I just have to remember to pull the card out of the Q3 before I give them the key....
@sandman_6472 I filled up last night with a calculated 24.49 mpg. That's after a solid highway run of about 320 miles followed by fifty miles of around-town running. Fifteen gallons and nearly $50 later.... Boo!!!!!! Handling is great, though.
https://forums.edmunds.com/discussion/49871/general/x/local-limited-travel-which-new-sedan-suv-to-buy#latest
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https://forums.edmunds.com/discussion/49875/general/x/reliable-car-for-heavy-highway-mileage#latest
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2020 Acura RDX tech SH-AWD, 2023 Maverick hybrid Lariat luxury package.
Swap-a-lease (SAL) is based here in Cincinnati. I don’t lease, so don’t have personal experience. From the people I know that have tried to work with them, it sounds like it isn’t cheap to get out of your lease as SAL charges hundreds for the service. And, their sales people hound you once you contact them.
But, if you could find a deal, might be worth the effort.
Alternatively, there is Lease SwApp. I emailed them feedback this morning that their app is awful and it is obvious they exist just to get their fees from the sellers and don't care past that. There is no way for a shopper to sort/filter by location, price, and/or miles remaining.
'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
Used Type R
I just have to laugh at it - so you don't see what the "fuss" is about the car, but yet you are asking $10k over MSRP for a used example.
2024 Audi Q8 e-tron - 2017 911 C4S - 2025 BRZ - 2023 A6 Allroad - 2024 Genesis GV60 - 2019 Cayman
So there has been a change recently, where I need to decide if I want to buy my Edge from my employer, or get a different vehicle. My previous post had me thinking about luxury SUVs, but circumstances have changed, and the budget will be much lower. I looked up the value of my Edge (2011, Limited, 101k miles, AWD, Leather, Nav, Sunroof) and KBB and Edmunds value it at $8k - $9k, which seems high to me.
My guess is that whether I keep the Edge, or buy something else, I will only have the vehicle for 1-2 years.
Here are my must haves/wants if I buy a different vehicle:
Must-haves: Leather, sunroof, heated seats, backup camera
Nice-to-haves: Push-button start, xenons, good resale value
Budget: ~$16k
Current List
- Chevy Cruze
- Honda Civic
- Ford Fusion (side note: You can get these for a really good deal. I might potentially look at the hybrid, and energi model)
- VW Jetta
- Buick Verano
- Toyota Corolla
- Toyota Prius (not entirely sure about this one...)
- Mazda3
- Acura TSX
- Acura ILX
So, the question is - Do I buy my Edge, or get something new (used)? I like the Edge a lot, but even $8k seems like a lot to me for a vehicle with 100k miles. What do you guys think?'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
2020 Acura RDX tech SH-AWD, 2023 Maverick hybrid Lariat luxury package.
I agree with your assessment that the Verano, Fusion, Cruze, and Jetta would be worse for resale. But, as @stickguy mentioned, you can get really good deals on relatively new, loaded Jettas.
I will have to do some test driving. Hopefully that will help guide me in my decision to see if I actually can live with, and enjoy, some of the cars that look good to me "on paper" currently.
Where I'm struggling is the fact that if $8,500 for the Edge is a fair deal, it doesn't scream value to me. Whereas $15k for a 2 year old loaded Jetta does. Am I wrong to think the value of the Edge will continue to plummet within another year and 15k miles. Not to mention, the risk of higher miles, and more problems?
Although, I am talking to someone with a Land Rover that is out of warranty, so you have a bigger appetite for risk than I
and actually, only wanting whatever you get to be around for a year of slightly more, might tilt the scales toward the Edge. Different story if you want something for 3-5 years.
2020 Acura RDX tech SH-AWD, 2023 Maverick hybrid Lariat luxury package.
I received an update phone call from the service department today saying they still haven't received my "overnight" part that they supposedly ordered on Tuesday. All I can think is that perhaps there are delays due to weather in the eastern US? Anyhow, updated timeline is now Monday, but I'm still not holding my breath.
I do want to get rid of this Q3 as soon as possible. I guess, in the end, it is miles saved on the Q7.
If you plan on short ownership and it has been well-maintained by both you and the employer, then it might be the best value proposition (including further depreciation).
I just worry about something catastrophic happening, such that it's not even worth replacing, and then the value of the vehicle essentially becomes $0. Hopefully the chances of that are slim though. This is my first vehicle that I have kept over 100k - I traded in my 2004 VUE right before it rolled over 100,000.
The proposition of buying the Edge is, of course, assuming my employer will:
- Sell it to me (It doesn't appear they have plans for it since it has 100k+)
- Sell it to me at a fair price (who knows..)
I think I should probably still test drive a few vehicles just to play it safe, right!???Edmunds Price Checker
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2015 Subaru Outback 3.6R / 2024 Kia Sportage Hybrid SX Prestige
But it is quick, handles great, and can't complain about that mileage around town, especially since it runs on RUG.
2020 Acura RDX tech SH-AWD, 2023 Maverick hybrid Lariat luxury package.
To be fair, they did let me go down that road for one of the cars a few years ago - I picked the Veloster over an Elantra GT. The lack of power and plethora of blind spots in that Veloster resulted in a quick trade. But we did get that brand new Veloster for about $16k, and traded it in at hardly any loss.
2024 Audi Q8 e-tron - 2017 911 C4S - 2025 BRZ - 2023 A6 Allroad - 2024 Genesis GV60 - 2019 Cayman
2018 S5 Sportback
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.
2020 Acura RDX tech SH-AWD, 2023 Maverick hybrid Lariat luxury package.
Mine: 1995 318ti Club Sport-2020 C43-1996 Speed Triple Challenge Cup Replica
Wife's: 2021 Sahara 4xe
Son's: 2018 330i xDrive
Not even a slightly tough call....
Mine: 1995 318ti Club Sport-2020 C43-1996 Speed Triple Challenge Cup Replica
Wife's: 2021 Sahara 4xe
Son's: 2018 330i xDrive
Mine: 1995 318ti Club Sport-2020 C43-1996 Speed Triple Challenge Cup Replica
Wife's: 2021 Sahara 4xe
Son's: 2018 330i xDrive