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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So a car needs to be procured for either daughter or wife. A good new car value seems to be the Mazda CX-50 Select. The Select is the entry-level, but still has smart entry/push button start, blind-spot monitoring, wireless Android Auto/CarPlay, etc., standard for thousands less than a comparable Subaru Outback. List price of the nice blue one I test drive today is $32k, but with the dealer discount and rebate would be about $27.5 + TTL. So still about $30k, which is pretty good these days, but when I thought about writing a check by dipping deep into our emergency savings accounts, I blanched and started thinking about used. Plus, although I like the CX-50, the engine is a bit underpowered compared to our current cars. It's adequate, but....
So I quickly looked at the Used selection at our local Acura dealer, and an interesting possibility popped up --a 2005 Acura RL with SH-AWD for $4k. Yes it was old, and had 180k miles, but most of the service had been done by the Acura dealer. Seemed like it would be more fun to drive than the CX-50, but...by the time I asked about the RL today it had already been sold, giving me a surprising large amount of regret. I was thinking I could drive the RL for a few years, my wife could drive my TLX, and daughter could have the CR-V until she could get something of her own, and we could save all that money.
But now that little dream has vanished, and I'm back to thinking about the CX-50. Any thoughts on the Mazda or other possible options with a budget of up to $30k? Thanks in advance.
Pacific Hybrid particularly rules. Loved that on a roadtrip we took a few years back.
I’m sure we all have some opinions we’d be happy to share. Sounds like you’ve got to decide new or used first.
2024 Jeep Grand Cherokee L Limited Velvet Red over Wicker Beige
2024 Audi Q5 Premium Plus Daytona Gray over Beige
2017 BMW X1 Jet Black over Mocha
jmonroe
'18 Legacy Limited with 3.6R (Mrs. j's)
Maybe I could just get a used but somewhat fun car for me, or maybe we should get a longer-term new car for my wife or daughter. Just don't know. If the right used car came up I can see going that route, even though I seemingly swore off of used cars almost 20 years ago. But maybe there are good used cars out there with good value. Although I was pining over that 2005 RL that slipped through my fingers, after watching this video on common problems with old RLs probably I dodged a bullet....
Mine: 1995 318ti Club Sport-2020 C43-1996 Speed Triple Challenge Cup Replica
Wife's: 2021 Sahara 4xe
Son's: 2018 330i xDrive
2024 Audi Q8 e-tron - 2017 911 C4S - 2025 BRZ - 2023 A6 Allroad - 2024 Genesis GV60 - 2019 Cayman
I had put together a schedule and some support for around $5k, not expecting to get that, so we are very pleased with the offer. Particularly since we just traded it in and didn’t seem to take too much of a bath on it!
2024 Audi Q8 e-tron - 2017 911 C4S - 2025 BRZ - 2023 A6 Allroad - 2024 Genesis GV60 - 2019 Cayman
For my state tax refund, the DOR rejected both my claims for EV credits. The correspondence didn’t make sense, as it cited all possible reasons for the denial, none of which were accurate. Turns out they had a glitch in their system that rejected the EV credit claims for a little while, turning them over to manual review. So they are super backed up with that, hence the need to travel further for an in-person appointment.
2024 Audi Q8 e-tron - 2017 911 C4S - 2025 BRZ - 2023 A6 Allroad - 2024 Genesis GV60 - 2019 Cayman
Bureaucracy glitches always cause heartburn to both sides but the customer is usually inconvenienced much more. Sometimes it seems like they just want you to go away.
jmonroe
'18 Legacy Limited with 3.6R (Mrs. j's)
The IRA provided subsidies for those buying insurance on the federal website. He did his research and found he qualified for those subsidies. He got rejected. Filed an appeal.
After a few phone calls, he found out the state was rejecting everyone that didn't qualify for Medicaid. Once he filed the appeal, they called and asked him to rescind the appeal, and then they approved him for the subsidy he qualified for.
Crazy was to do business.
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2019 Kia Soul+, 2015 Mustang GT, 2013 Ford F-150, 2000 Chrysler Sebring convertible
2019 Kia Soul+, 2015 Mustang GT, 2013 Ford F-150, 2000 Chrysler Sebring convertible
However, being 14 years old one exhibited CA sun wear as if it had been left out the whole 14 years without a wax job. The headlights in particular. The other was better kept, but just an EX and not EX-L. Both felt like Eco Economy cars to me, more like a Fit SUV and less like an Accord SUV. Still, would probably be very cheap transportation for a few more years. A bit too far of a departure from cars I actually like driving though.
I was surprised how much I liked it when I saw it. It is a very pretty shade of silver and is a stick. It was just very nice inside and out. He does some competition driving with it and babies it otherwise. Under the hood it was spotless as he is a bit anal about cleanliness. Lovely car.
2017 Cadillac ATS Performance Premium 3.6
your situation, back in the good old days, would have been perfect for a cheap lease on a cheap car (or even better, a mid priced one!) Like when we got our daughter a nice Jetta to use for college for a whopping $225/month all in.
I like the suggestion about finding one of those on an EV though. I saw a couple that were very intriguing.
Or be the mean dad and tell your kid good luck, you are on your own!
2020 Acura RDX tech SH-AWD, 2023 Maverick hybrid Lariat luxury package.
Today I was extremely disappointed with my coworkers in the probation revocation docket; I quoted Smokey Robinson and the Miracles and NOBODY caught it. I was ending a revocation hearing by reading the probation officer’s list of violations and her recommendation that the defendant be revoked and sent to prison. I finished by saying, “My only response to this report is: I second that emotion.”
He did get revoked, but still…
Mine: 1995 318ti Club Sport-2020 C43-1996 Speed Triple Challenge Cup Replica
Wife's: 2021 Sahara 4xe
Son's: 2018 330i xDrive
So far, no parts have required replacement. Just opted for a couple minor repairs.
jmonroe
'18 Legacy Limited with 3.6R (Mrs. j's)
I knew I could count on you to notice that.
So now there are TWO Audis in the garage without the black optic! Gasp! 😀
My wife likes the chrome too
If you are going to buy a new vehicle, pass your wife's CR-V onto your daughter and have your wife pick out a new vehicle.
I'm thinking your daughter has never owned a vehicle, much less bought one, so there's some learning to be done there. A scratch or a dent on a 6 year old vehicle is a lot less traumatic than on a new one.
Mine: 1995 318ti Club Sport-2020 C43-1996 Speed Triple Challenge Cup Replica
Wife's: 2021 Sahara 4xe
Son's: 2018 330i xDrive
He thought they might have some nostalgic value and took them to a flea market. To his suprise everybody wanted one and a small bidding war broke out. Some were sold to women who wanted them for boyfriend or hubby.
2019 Kia Soul+, 2015 Mustang GT, 2013 Ford F-150, 2000 Chrysler Sebring convertible
On whim I hit webuyanycar.com. Not sure if they are nationwide and I think they are fairly new. They hit it at $29,100.
Oh and its finally in for 2 recalls and its last Jeep wave oil change and tire rotation.
2024 Jeep Grand Cherokee L Limited Velvet Red over Wicker Beige
2024 Audi Q5 Premium Plus Daytona Gray over Beige
2017 BMW X1 Jet Black over Mocha
2001 Prelude Type SH, 2022 Highlander XLE AWD, 2025 Camry SE AWD
I may have mentioned it before, but it burns me up when a salesperson/manager boasts of the tax savings on trade and says, "it's as if we're giving you "this much" in trade due to the tax savings." I understand what they're getting at, comparing their trade to a buy bid at Carmax, but it's simply becoming a tactic for dealers to lower their trade offers. If I'm in a good mood, I usually just reply, with a smile, "the value is the value...taxes are completely separate."
2024 Audi Q8 e-tron - 2017 911 C4S - 2025 BRZ - 2023 A6 Allroad - 2024 Genesis GV60 - 2019 Cayman
They aren’t giving it to you. The state is giving it to you.
2020 Acura RDX tech SH-AWD, 2023 Maverick hybrid Lariat luxury package.
Not surprised that politics ruined another piece of American culture.
jmonroe
'18 Legacy Limited with 3.6R (Mrs. j's)
Agreed. Any knowledgeable buyer should know that but their thinking must be…if they don’t blow their own horn, who will? It probably works more often than we think.
jmonroe
'18 Legacy Limited with 3.6R (Mrs. j's)
Well it does fall into the bottom line category. They might be giving you less but if you are netting more still to your benefit.
2020 Acura RDX tech SH-AWD, 2023 Maverick hybrid Lariat luxury package.
'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
Catches are its the turbo 4 if that bothers you and $3499 down after all offers. I hardly ever see that combo in inventory around here. We must like our V8’s!
2024 Jeep Grand Cherokee L Limited Velvet Red over Wicker Beige
2024 Audi Q5 Premium Plus Daytona Gray over Beige
2017 BMW X1 Jet Black over Mocha
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2017 Cadillac ATS Performance Premium 3.6
2024 Jeep Grand Cherokee L Limited Velvet Red over Wicker Beige
2024 Audi Q5 Premium Plus Daytona Gray over Beige
2017 BMW X1 Jet Black over Mocha
So, what you’re saying is use your car for groceries and leave your little truck in the garage and continue to make payments on it. That way you won’t mile up the truck and it’ll be worth more at trade in time.
Rinse and repeat.
jmonroe
'18 Legacy Limited with 3.6R (Mrs. j's)
Daughter is over the MINI experience - not a fan of the rough ride now that she's in her mid-30's. She is the picture of "champagne tastes on a beer budget".
Trying to decide between a hybrid and PHEV on the Kia Sportage. There is about an $8K difference between the two, but CO has a $5350 tax credit that comes off the price on PHEV and BEV vehicles, so that narrows the price gap considerably.
Of course, finding cars on the lot is still a bit of a challenge - I'm not sure I'm ready to step foot on our local Kia dealers lot, just yet, but I may have to.
Ugh - I know this is supposed to be fun, but the high interest rates and somewhat limited inventory makes this more of a chore than I want it to be. She's pretty specific about color, and options, but there may need to be some compromising necessary.
@suydam - did you test drive the Sportage hybrid, or only the PHEV?
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2015 Subaru Outback 3.6R / 2024 Kia Sportage Hybrid SX Prestige
2024 Jeep Grand Cherokee L Limited Velvet Red over Wicker Beige
2024 Audi Q5 Premium Plus Daytona Gray over Beige
2017 BMW X1 Jet Black over Mocha
2001 Prelude Type SH, 2022 Highlander XLE AWD, 2025 Camry SE AWD
2001 Prelude Type SH, 2022 Highlander XLE AWD, 2025 Camry SE AWD