Chronic Car Buyers Anonymous (Archived)

stickguy

I can't imagine ever buying one, but I kinda like this. Even the interior. Definitely not boring black guts!

https://www.cherryhillvolvocars.com/new/Volvo/2019-Volvo-XC40-cherry-hill-nj-af31f4cb0a0e0ae803cbc86576166369.htm

28firefighter

Someone over on leasehackr posted their "deal" they're in the process of closing for a 2018 Accord Hybrid Touring. $9600 due at signing and $350 a month. That is not a typo.

stickguy

that is about 20K paid in. seems like it would be cheaper to just buy the darned thing. I assume there must be some serious negative equity being rolled into this one.

pensfan83

Well you can't have negative equity when you wreck a Lincoln that had a $5,000 down payment and why you are shopping for said Accord Hybrid in the first place....

stickguy

makes no real sense. MSRP is only 35,600. That lease payment sign and drive comes out to be $600/mo. You can get a lot of car for that money.

28firefighter

That’s why I shared here. And this guy can’t be reasoned with. 

Michaell

28firefighter said:

That’s why I shared here. And this guy can’t be reasoned with. 

We at least ask the question- "Why do you want to put $X down on what is, essentially, a rental?"

"So we can have a lower payment"

"That doesn't change the total cost of the lease, however"

28firefighter

Yep. That’s all been covered. 

In the words of Forrest Gump’s Mama: “Stupid is as stupid does.”

Michaell

28firefighter said:

Yep. That’s all been covered. 

In the words of Forrest Gump’s Mama: “Stupid is as stupid does.”

Yeah, you can lease an S-Class for $700/mo, with enough down .....

(oops, was that my out loud voice?)

ab348

stickguy said:

I can't imagine ever buying one, but I kinda like this. Even the interior. Definitely not boring black guts!

https://www.cherryhillvolvocars.com/new/Volvo/2019-Volvo-XC40-cherry-hill-nj-af31f4cb0a0e0ae803cbc86576166369.htm

Isn't a "charcoal" interior the same as "boring black guts"? No pics so I can't be 100% on that but seems likely.

pensfan83

Michaell said:

Yeah, you can lease an S-Class for $700/mo, with enough down .....

(oops, was that my out loud voice?)

I thought it was a hoax until someone linked another board where he posted the same questions. The whole thing is like the trainwreck you don't want to take your eyes off of.

kyfdx

I stay out of lease discussions on the internet, as a "private citizen". It's just too painful

stickguy

Oops. Wrong link copied. They also had a silver over red. With pictures. When I posted. Must have sold.

qbrozen

stickguy said:

Oops. Wrong link copied. They also had a silver over red. With pictures. When I posted. Must have sold.

yeah, they must have just updated because I saw the silver over red through your link earlier this morn.

BTW, why couldn't you see yourself in an XC40?

stickguy

The $40k it costs. Unless one of you lease hack gurus can get me into one for $325/month.

Functionally, would actually really work for me. As would a Kona. Or an HRV if they ever update it with a decent engine.

qbrozen

well... $36k starting. ;b
Yeah, we'll see how leases go in the future. If they wind up getting as subsidized as S90s, for example, I think we could see some really good leases.

stickguy

I don’t think we see that for a while on the X40. But never know. MSRP for my minimum requirements is right about $40k.

qbrozen

stickguy said:

I don’t think we see that for a while on the X40. But never know. MSRP for my minimum requirements is right about $40k.

Just priced what I'd get. $41k. Truecar is showing $600 OVER MSRP. Interesting.

Invoice is only $39k, so Volvo hasn't left a whole lot of meat on the bone for the dealers.

roadburner

nyccarguy said:

Engine noise?  My Prelude’s 2.2L DOHC VTEC 4cyl hums along at 4,000 RPM at 80 mph.  I LOVE engine noise!

My Club Sport is geared exactly the same!

Mr_Shiftright

stickguy said:

The $40k it costs. Unless one of you lease hack gurus can get me into one for $325/month.

Functionally, would actually really work for me. As would a Kona. Or an HRV if they ever update it with a decent engine.

I can get you into an XC40 for $325 a month, but there's $9600 due at signing.

28firefighter

I suspect the XC40 is going to be a big hit with the urban dweller crowd and thus we won't see many discounts.

kyfdx

28firefighter said:

I suspect the XC40 is going to be a big hit with the urban dweller crowd and thus we won't see many discounts.

Agreed... making it a 2019 model doesn't help, either.

Marketing works

breld

Noticed on BAT that my wife's old 3-series wagon ended up going for $17,500.

I'd say the seller did well.

28firefighter

Good lord. That's a lot of cheddar for that car.

Mr_Shiftright

I think cars under $30K do well on BAT---after that, you see more "reserve not met".

ab348

28firefighter said:

Good lord. That's a lot of cheddar for that car.

The seller put a lot of miles on it during the time of his ownership IIRC.

Mr_Shiftright

That's why auctions are often referred to as "emotional buys".

On the other hand, to be fair, a lot of cars on BAT never meet reserve, or are sold at a more than fair price.

On the other OTHER hand, who knows what's "fair" if you can't examine the car?

nyccarguy

breld said:

Noticed on BAT that my wife's old 3-series wagon ended up going for $17,500.

I'd say the seller did well.

How much did you sell it to him for many moons ago?

28firefighter

Many moons = 6 months, right? 

Michaell

28firefighter said:

Many moons = 6 months, right? 

@breld time is not measured in months; it is measured by "how many cars ago was this?"

breld

We originally bought that wagon in January 2013 for $32k with 21k miles on it.

We sold it to the next owner (the seller on BAT) in May 2014 (a full 16 months later!). It had about 40-45k miles on it (can't remember exactly), and he paid us $29,500 for it.

The buyer got a good car. I know the guy who bought it from us took really good care of it - it was his third manual BMW wagon.

I noticed the buyer is also from Massachusetts, so I imagine he/she was able to carefully inspect the vehicle and verify its condition, and then decided it was worth the premium to get their hands on such a unicorn.

Mr_Shiftright

28firefighter said:

Many moons = 6 months, right? 

breld measures car ownership in dog years. One month = Seven of "our" months.

stickguy

I washed the RDX today (hate this pollen), and checked the miles when I was in it. Just ticked over 44K, and will be 6 YO 4 months from now. So quite likely, if we keep it 10 years (what I made my wife promise when we blew the budget on it) will probably still only have about 65K miles on it. Should still be functional! But man, the tech on this thing is so out of date it ain't funny. Pretty sure if it stays the distance, it will definitely be the spare car for local use.

28firefighter

https://bellingham.craigslist.org/cto/d/2005-volvo-s60r/6568259504.html

My Dad had this exact car in a 2007 MY. Nostalgia.

Emailed the seller and he believes it’s still the original clutch. So my guess is that’ll need to be replaced soon at 136k miles. 

qbrozen

Ask about the bevel gear, too. 

28firefighter

qbrozen said:

Ask about the bevel gear, too. 

What is that, for the uninformed?

28firefighter

Disregard. Looked it up on swedespeed. 

stickguy

This is nice for the money. I always liked these to start with. And my favorite colors! If I was carless and shopping at the moment, I might actually do it.

https://www.cars.com/vehicledetail/detail/735465001/overview/

Another one I found in the affordable realm is this baby. Nicely equipped at least. I could live with it. My wife would probably love it for the comfort.

http://www.royaleasing.com/detail-2007-lexus-es_350-4dr_sedan-used-17584896.html

stickguy

28firefighter said:

Disregard. Looked it up on swedespeed. 

I really like Volvos. and am willing to buy an older used one. But not if it has AWD.

Michaell

stickguy said:

This is nice for the money. I always liked these to start with. And my favorite colors! If I was carless and shopping at the moment, I might actually do it.

https://www.cars.com/vehicledetail/detail/735465001/overview/

Another one I found in the affordable realm is this baby. Nicely equipped at least. I could live with it. My wife would probably love it for the comfort.

http://www.royaleasing.com/detail-2007-lexus-es_350-4dr_sedan-used-17584896.html

The Lexus, I like. At the rate I put on miles, it would last many years with what I suspect would be minimal maintenance.

qbrozen

stickguy said:

This is nice for the money. I always liked these to start with. And my favorite colors! If I was carless and shopping at the moment, I might actually do it. https://www.cars.com/vehicledetail/detail/735465001/overview/ Another one I found in the affordable realm is this baby. Nicely equipped at least. I could live with it. My wife would probably love it for the comfort. http://www.royaleasing.com/detail-2007-lexus-es_350-4dr_sedan-used-17584896.html

Oh you don't want the 3.2 Volvo. It is a bit of a dog and very very thirsty.

stickguy

But great seats!

Michael, that was exactly my thoughts on the Lexus. Until my usage needs change, it could last me indefinitely. Looks nice and clean. Plus, new enough to have a BU camera. Navi too, but probably pretty antiquated at this point. No clue if you can even update the maps at this point!

tjc78

Biggest problem with the Lexus is the fact it’s pink!

tjc78

You could do a lot worse for 4K....

http://www.royaleasing.com/detail-2000-lexus-es_300-4dr_sedan-used-17621543.html

rny421

qbrozen said:

Oh you don't want the 3.2 Volvo. It is a bit of a dog and very very thirsty.

My mom had it in her 2010 XC90. I don't know why they went away from the 5 cylinder, as the 6 wasn't a significant improvement in power, mpg, or NVH reduction. Not to mention, the first gear in the 2010 XC90 was extremely short, which felt odd to me. While it's definitely not the best engine, I probably wouldn't tell someone to stay away from it for a cheap everyday commuter. Doesn't your LR2 have the same engine?

kyfdx

tjc78 said:

Biggest problem with the Lexus is the fact it’s pink!

I have a neighbor that bought the same car.. in that color.

After about three months of it, he sold it to his mother...

stickguy

when they first showed that lexus as incoming, the color chip listed was a burgundy color which I love. I was surprised to finally see the pictures. I would have to see that in person to decide if I could live with it. But, it is a cheap used car. If the mechanicals were right, and the price cheap enough, I could live with any color.

tjc78

Not that one.. it’s rough. You can’t jeopardize your man card.

stickguy

you are breaking my hard. I was really considering that unit too.

qbrozen

rny421 said:

Oh you don't want the 3.2 Volvo. It is a bit of a dog and very very thirsty.

My mom had it in her 2010 XC90. I don't know why they went away from the 5 cylinder, as the 6 wasn't a significant improvement in power, mpg, or NVH reduction. Not to mention, the first gear in the 2010 XC90 was extremely short, which felt odd to me. While it's definitely not the best engine, I probably wouldn't tell someone to stay away from it for a cheap everyday commuter. Doesn't your LR2 have the same engine?

Yes, which is why I know how thirsty and gutless it is.
I shouldn't call it gutless. As you said, it jumps off the line. But catch it in the wrong gear and a minivan will embarass you. So our T&C outguns it AND gets nearly 25% better fuel mileage.