Chronic Car Buyers Anonymous (Archived)

stickguy

I haven’t stopped at a lot recently but not surprised. At least some dealers are sticking to MSRP but I’m sure have nice accessory packs. Leasing is still bad. Should be interesting.

Now if my father decided to give up driving in a few months problem would be solved.

stickguy

And this shortage without any real ETA on my next car is why I’m sitting tight for now.

cdnpinhead

au1994 said:

. . .after I bashed the OEM one on a trail.

Well done!

It's nice to hear of one of these things being used for the purpose for which it was designed, a rare thing, I think.

Michaell

stickguy said:

Michaell said:

stickguy said:

Question for the Mass. crowd. Since I’m too lazy to research. How much do you get hit for buying a car up there for doc fees, taxes and DMV stuff? At least ballpark. In Boston sadly.

The princess held off for a year but can’t stand not having a car now. She’s moving to a new apartment in june outside of downtown that offers dedicated parking spot for “only” $150/month. Much cheaper rent plus she just got a nice raise so it makes sense.

MA Registry of Motor Vehicles

Sales tax is 6.25%, I believe.

Thanks. Not as bad as I feared. On about a $22k car I’ll just guesstimate $2k on TTL. close enough for budgeting.

She's buying a Hyundai Accent?

stickguy

That was for something used. But she pilly so I expect budget creep.

Sad that leasing stinks now. Being reduced to (an admittedly nice) 3 YO rogue sport (CPO which is pretty generous on those) is sad. Would be a good fit for her needs though.

stickguy

If I had just kept her Jetta would be giving it back. But had no need for that.

Michaell

Cheap money to buy a Leaf, if she had somewhere to charge it.

stickguy

She doesn’t. I also can’t see her with an EV at all. Especially a short range one.

Michaell

stickguy said:

She doesn’t. I also can’t see her with an EV at all. Especially a short range one.

The "plus" trims have over 200 miles of range, IIRC.

stickguy

She likes to road trip.

tifighter

Sandman6472 said:

I'm guessing the least price EV vehicle out there is either the Chevy Bolt or the Nissan Leaf. Just wondering if one can really get either for around the $30K price point? I'm still not comfortable spending much over that amount on anything honestly

NARRATOR - $30K in 2022 dollars is about $22K in 2010 dollars. FWIW.

oldfarmer50

qbrozen said:

@oldfarmer50 said:

Why can’t you legally teach him? I’ve taught a number of kids to drive and it was a fun experience for all involved. Probably less stressful for all.

Because now NJ won’t allow them to have their permit until they complete a number of hours of instructed driving with a licensed school.

Sounds like the driving school’s have a good lobby.

oldfarmer50

stickguy said:

Question for the Mass. crowd. Since I’m too lazy to research. How much do you get hit for buying a car up there for doc fees, taxes and DMV stuff? At least ballpark. In Boston sadly.

The princess held off for a year but can’t stand not having a car now. She’s moving to a new apartment in june outside of downtown that offers dedicated parking spot for “only” $150/month. Much cheaper rent plus she just got a nice raise so it makes sense.

There’s no limit by law in MA but I hear the average is about $350. That might not be valid any longer with the crazy market. You could have her buy in NY where the doc fee is capped at $75 and then reregister in MA. Sales tax in NY is 7-8% upstate but if I remember correctly they charged based on where the address of the buyer is located.

For a new car the dealer should be able to do the MA registration for her. One of my former coworkers also worked for a dealer chain and one of his duties was registering cars sold by the NY dealer for VT buyers. He would drive over to VT about once a week and stand in line with multiple titles.

stickguy

If I was up by you already it could make sense. Just going to be much easier logistically to buy local.

So far I sent a bunch of affordable options. She did not perk up until got to a Tucson SEL with lots of goodies. Lease was not terrible. Minimal DAS and $390ish per month. Better than dumping a big DP into an older car probably.

28firefighter

stickguy said:

If I was up by you already it could make sense. Just going to be much easier logistically to buy local.

So far I sent a bunch of affordable options. She did not perk up until got to a Tucson SEL with lots of goodies. Lease was not terrible. Minimal DAS and $390ish per month. Better than dumping a big DP into an older car probably.

Agree - sub $400 is the new sub $300 monthly payment.

stickguy

That’s my mindset. Just add $100 to the old great deal prices. At least

$400 for that car, at least you get a nice car. $300 for a stripped Accent, that is harsh.

pensfan83

@28firefighter said:
Agree - sub $400 is the new sub $300 monthly payment.

Yup. Current Tacoma payment,is close to $100 more than the 2019. That's with MSD too.

Michaell

I'm seeing quite a few base money factors in the high .00200's and low .00300's.

laurasdada

Hi, Stick:
Probably answered already, but:
Car will be registered in MA, so 6.25% sales tax. MA does allow tax charged less trade-in value, if applicable
Doc fees, ~$499. YMMV
Registration/title, ~$135
Inspection: $35

And, of course, annual property/excise taxes!
And, no, there is no blinker tax. So, to prove she's not a local, she may use them liberally without fear of financial consequence.

tjc78

@Michaell said:
I'm seeing quite a few base money factors in the high .00200's and low .00300's.

Makes sense with interest rates going up. I don’t know how anyone is leasing these days unless they are rolling huge positive equity forward. The deals just aren’t there.

I know not everyone chases leases the way we do here, but on some higher dollar vehicles the new payments (all things being equal) can be $250-300 a month higher.

Michaell

tjc78 said:

@Michaell said:

I'm seeing quite a few base money factors in the high .00200's and low .00300's.

Makes sense with interest rates going up. I don’t know how anyone is leasing these days unless they are rolling huge positive equity forward. The deals just aren’t there.

I know not everyone chases leases the way we do here, but on some higher dollar vehicles the new payments (all things being equal) can be $250-300 a month higher.

Many folks who have leases that are ending are shocked at how much the payment has gone up for basically the same car.

Am working with a member on a Guilia lease; the lease on their 2019 Guilia is ending and they have over $7K in positive equity. However, the net payment is still going up roughly $50/mo.

I haven't seen a good lease deal in a few months. People are either sucking it up and paying more, or looking more closely into financing.

explorerx4

@graphicguy,
Congrats on the new car. It took me a while to get used to driving a red vehicle but now I like it. Easily seen.

stickguy

laurasdada said:

Hi, Stick:
Probably answered already, but:
Car will be registered in MA, so 6.25% sales tax. MA does allow tax charged less trade-in value, if applicable
Doc fees, ~$499. YMMV
Registration/title, ~$135
Inspection: $35

And, of course, annual property/excise taxes!
And, no, there is no blinker tax. So, to prove she's not a local, she may use them liberally without fear of financial consequence.

Thanks. Did not realize there was PPT too. Afraid to ask how much that is!

Also, do you know if she needs a MA DL to register it? I assume so. Currently still with a NJ DL at our address. She moved so often it never made sense to change it!

stickguy

Michaell said:

tjc78 said:

@Michaell said:

I'm seeing quite a few base money factors in the high .00200's and low .00300's.

Makes sense with interest rates going up. I don’t know how anyone is leasing these days unless they are rolling huge positive equity forward. The deals just aren’t there.

I know not everyone chases leases the way we do here, but on some higher dollar vehicles the new payments (all things being equal) can be $250-300 a month higher.

Many folks who have leases that are ending are shocked at how much the payment has gone up for basically the same car.

Am working with a member on a Guilia lease; the lease on their 2019 Guilia is ending and they have over $7K in positive equity. However, the net payment is still going up roughly $50/mo.

I haven't seen a good lease deal in a few months. People are either sucking it up and paying more, or looking more closely into financing.

End quote:

I ran some numbers and most likely finance is better. She just won’t get quite as much car (or as new). And she has picky taste!

corvette

stickguy said:

Many folks who have leases that are ending are shocked at how much the payment has gone up for basically the same car.

I was in that boat in 2008... Had a $400/month subsidized Audi A4 lease that was ending. And am now in the same boat with the Tundra. It's almost comical that has happened both of the two times I have leased.

benjaminh

Long Ford promo for the F-150 Lightning, including a program recorded on the factory floor today that starts about 11 minutes in....

https://www.youtube.com/watch?v=uPn-paGOk24

laurasdada

stickguy said:

laurasdada said:

Hi, Stick:
Probably answered already, but:
Car will be registered in MA, so 6.25% sales tax. MA does allow tax charged less trade-in value, if applicable
Doc fees, ~$499. YMMV
Registration/title, ~$135
Inspection: $35

And, of course, annual property/excise taxes!
And, no, there is no blinker tax. So, to prove she's not a local, she may use them liberally without fear of financial consequence.

Thanks. Did not realize there was PPT too. Afraid to ask how much that is!

Also, do you know if she needs a MA DL to register it? I assume so. Currently still with a NJ DL at our address. She moved so often it never made sense to change it!

The MA state excise mil rate is $25, based upon assessed value (which I believe is initially 60% of msrp; slides as the car ages to a minimum).
I don't believe she would need a MA license to register, but she will need a valid DL and proof of insurance.
But, check the website to be sure!
https://mass.gov/orgs/massachusetts-registry-of-motor-vehicles

tjc78

@corvette said:
I was in that boat in 2008... Had a $400/month subsidized Audi A4 lease that was ending. And am now in the same boat with the Tundra. It's almost comical that has happened both of the two times I have leased.

I couldn’t touch an S60 for the payment I have currently.

Michaell

Looks like I may be placing a special order, unless I can pull a @breld and find one out of state and have it shipped to us.

sda

It’s not a pretty picture with rent, car leases payments, house prices, interest rates, etc. all increasing beyond the means of many. I’m afraid a good number of folks will find they’ve over extended the ability to pay their financial obligations. Harsh reality.

oldfarmer50

sda said:

It’s not a pretty picture with rent, car leases payments, house prices, interest rates, etc. all increasing beyond the means of many. I’m afraid a good number of folks will find they’ve over extended the ability to pay their financial obligations. Harsh reality.

Just buy an electric car. Problem solved…or at least I’ve been told.

Michaell

Order in ... expected punch in 8-10 months.

henryn

Michaell said:

Order in ... expected punch in 8-10 months.

This is for an ID.4, correct?

Michaell

henryn said:

Michaell said:

Order in ... expected punch in 8-10 months.

This is for an ID.4, correct?

It is .... Moonstone Grey with the grey interior and AWD.

roadburner

I'm getting three of my cars serviced this week; the 2er was taken in Monday, then today I dropped off the X1and picked up the 2er; next in line is the Clubman- then I should be good until December- when the Wrangler gets fresh oil and coolant.

mjfloyd1

Is that “old man” grey?😂

Michaell

mjfloyd1 said:

Is that “old man” grey?😂

My step daughter will be 33 this summer - is she considered an "old lady"?

mjfloyd1

Perhaps

sda

I’m mad at the ID.4. It gave the Passat the boot.

Michaell

sda said:

I’m mad at the ID.4. It gave the Passat the boot.

Yep - the factory in Chattanooga is converting over to ID.4 production by the end of the year. I hope it shortens our wait time.

I liked the Passat, too, Steve.

corvette

Michaell said:

It is .... Moonstone Grey with the grey interior and AWD.

Didn't the wife and stepdaughter want blue? Sounds like a setup for a breld-like ownership period.

sda

Michaell said:

sda said:

I’m mad at the ID.4. It gave the Passat the boot.

Yep - the factory in Chattanooga is converting over to ID.4 production by the end of the year. I hope it shortens our wait time.

I liked the Passat, too, Steve.

I’m excited for your daughter and look forward to the ID.4 experience.

mjfloyd1

@corvette said:
Didn't the wife and stepdaughter want blue? Sounds like a setup for a breld-like ownership period.

Where are you going with that?😂

Michaell

corvette said:

Michaell said:

It is .... Moonstone Grey with the grey interior and AWD.

Didn't the wife and stepdaughter want blue? Sounds like a setup for a breld-like ownership period.

Funny story about the color.

The demo vehicle at the dealer was blue over black, which was good because blue was indeed their first choice.

But, when she saw it in person, the stepdaughter thought the blue was "too bright", and didn't like it. She wanted the grey interior, and when she discovered she could get it with the moonstone exterior, she flipped her opinion.

I suspect her mind was clouded by the denim blue of the Volvo, which is a lovely shade. The VW blue reminded her too much of the bright blue '05 VUE we owned, I suspect.

No worries. Since we placed an order, we got exactly what we wanted.

The MINI celebrated its 8th birthday with us this month, so I suspect we'll keep the VW just as long.

I was talking with my sister about all of this today, and she presented me with an interesting idea - sell the MINI now, while prices are relatively high, and the girls can use the Outback as the interim vehicle until the VW arrives.

And what about me, you ask? She suggested I grab my mom's Sonata and drive it back to Colorado and use it as the spare vehicle. My sister currently has a fleet of 5 cars for 4 drivers (her oldest son is in Japan for the next year, teaching middle school English), and getting one out of the driveway would be a net benefit for her.

Something to consider. The Sonata has a whopping 45,000 miles on it, and my sister has taken care of a lot of the maintenance and repair items in the almost two years she's had it. When the VW shows up, we sell the Hyundai and I'd go back to driving the Subaru.

ab348

Well, I suspect the Mini is worth a whole lot more now than it will be in 12 months time, so that might make a lot of sense if you can get an essentially free occasional-use vehicle for yourself.

In terms of id.4 availability, up here in Canada it is only available currently in B.C., with supposed availability soon in Ontario, and for the rest of us the website says it won’t be available nationwide until the Chattanooga plant starts producing 2023 models.

Michaell

ab348 said:

Well, I suspect the Mini is worth a whole lot more now than it will be in 12 months time, so that might make a lot of sense if you can get an essentially free occasional-use vehicle for yourself.

In terms of id.4 availability, up here in Canada it is only available currently in B.C., with supposed availability soon in Ontario, and for the rest of us the website says it won’t be available nationwide until the Chattanooga plant starts producing 2023 models.

That's my thinking, as well. Sell at the top of the market, and bank the money in the meantime.

Bummer that the ID.4 isn't available nationwide in Canada. I found that the same is true of the Subaru Crosstrek Hybrid here in the US, which is available in only 6 states.

cdnpinhead

mjfloyd1 said:

Is that “old man” grey?😂

Some call it battleship grey, but you need to be old enough to know what a battleship is. Plus you need to think it's good.

mjfloyd1

@cdnpinhead said:
Some call it battleship grey, but you need to be old enough to know what a battleship is. Plus you need to think it's good.

Oh my. I just realized that my Jeep 4xe is old man grey….

xwesx

Michaell said:

That's my thinking, as well. Sell at the top of the market, and bank the money in the meantime.

Bummer that the ID.4 isn't available nationwide in Canada. I found that the same is true of the Subaru Crosstrek Hybrid here in the US, which is available in only 6 states.

If you're not using it much anyway, it is just depreciating if you keep it. Plus, I like the idea of a visit to the sister and a short road trip in the Sonata.

ronsteve

@cdnpinhead said:
Some call it battleship grey, but you need to be old enough to know what a battleship is. Plus you need to think it's good.

The wife’s Jetta is the shade of grey that I think is being discussed. VW calls it platinum gray, my wife picked it, and was still in her 30s at the time.