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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We had a 3-series in Steel Blue.. another great BMW color..
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25 NX 450h+ / 24 Sienna Plat AWD / 23 Civic Type-R / 21 Boxster GTS 4.0 / 03 Montero Ltd
I'd say have a great time but I would say you'd be hard pressed not to.
So I have read.
Should be an interesting exercise
in self-restraint.
- Ray
Not known for that particular quality...
Am in Colorado Springs again this weekend - wife is in school so I've got free time on my hands, so I went and test drove this.
I've not driven a Mustang of this iteration before - even though it has the previous gen 4.6L V8, it was more than enough for me.
What surprised me was how good the transmission was .. I was expecting something very heavy and difficult to shift, and, though it wasn't Honda-lite, it was certainly easy to move between the gears.
The visibility was better than I expected, too. With the seat at it's lowest setting, I had more than enough headroom, even with a ballcap on. I kept the stereo off so I could listen to the V8 burble through the tailpipes.
Salesman was very low key, understood that I was only "kicking tires" and did not pressure me at all. Though, I've got to wonder what the book value on an untitled 2010 Mustang GT would be. Sticker was $35K - it had nav and Sync, along with a 3.55 rear axle.
It had, I think, 2300 miles, so it's been test driven quite frequently or was someone's demo for a while.
Very different vibe than the GTI I drove 2 weeks ago - both of them are fun, but for completely different reasons.
Dealer retail for a used car is about $29K, while a certified car would sell for approximately $30K.
Why would anyone buy a 2010 Mustang GT? The new ones make it totally obsolete. It would have to be a half price sale for me to consider it. But if price is your only criteria I can't see someone looking at Mustangs in the first place. Very strange to me that it's still for sale as a "new" car.
It makes me wonder how that dealer ended up getting stuck with it. Was it some late allocation he had to take just before the 2011s came out or did he shoot himself in the foot by refusing to deal back in 2010?
I'd think $25K would be the tops I'd pay but what do I know. :sick:
2019 Kia Soul+, 2015 Mustang GT, 2013 Ford F-150, 2000 Chrysler Sebring convertible
Mine: 1995 318ti Club Sport-2020 C43-1996 Speed Triple Challenge Cup Replica
Wife's: 2021 Sahara 4xe
Son's: 2018 330i xDrive
However, having said that, I do confess that while I was poking around on Ford's website, I sort of 'inadvertantly' submitted a request to my local dealer - I thought I was just searching inventory.
So, now I've got the following message in my inbox:
Thank you for giving me the opportunity to create a proposal for you. At xxx Ford our customers are our number one priority and meeting your needs and exceeding your expectations is very important to us.
I have pasted the window sticker of just one example of a GT Coupe that fits the description you provided. Note from the window sticker below, that the manufacturer feels this vehicle is worth and should sell for $30,690 ++. Your Internet price for this Ford Mustang is only $27,440.**++; you save over $3,250.** below List Price!
If the Mustang described within the window sticker below is not exactly what you are looking for, please provide additional detail and I will revise my quote accordingly.
When would be the best day and time for your appointment?
The car in question is silver with charcoal interior and a manual transmission; the only option on this car, so far as I can tell, is $695 for the security system (? - tough to read the cut 'n' paste window sticker).
Still, $27K for 400+ HP seems to be a great price .. the GTI I test drove a couple of weeks ago had half the HP for the same price.
Wonder if my X-plan would yield any better results?
EDIT - oh, and for the record, the above price quote is for a 2012 Mustang GT.
Bang for your Buck, I see little that can compete
with a 5.0 M6 Mustang GT, on relatively smooth roads...
- Ray
Test drive one, at least ???
Probably true. I found the visibility to be pretty decent on the one I drove Saturday. The only difference between the '10 and the '12 is the engine (duh!) and the 6M vs. 5M in the '10.
Well, and the '10 had nav - the '12 is pretty much stripped.
The roads here in Colorado are OK, I guess - given that we get snow and ice, the roads can acquire frost heaves.
Test drive one, at least ???
It's my local dealer (I've leased 3 Fords from them in the past, but nothing since 2002), so I may have to go down and give it a go, if only to satisfy the salesdude who is filling my inbox.
2001 Prelude Type SH, 2022 Highlander XLE AWD, 2025 Camry SE AWD
Ironically, the sales manager of the Ford dealership just called me. Told him how I'm not really in the market just yet.
He thanked me and told me to come on down and they let me have a Mustang GT "for a couple of hours" to see how I liked it. I may have to take him up on that offer later this week, when I've got some time on my schedule.
I'd have to do some research on the $27,440 offer to see how good it really is or if there is still some wiggle room.
EDIT: Invoice for a GT with the security package is $28,499 and there is a $1500 rebate available, taking the "base" price down to $26,999. Their offer is $441 above that, so not much room to negotiate, I should think.
One of our friends is interested in assuming the lease.. (not surprising, considering the payment).
I may have set some sort of record, though not sure what... :surprise:
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- Ray
[ Not sure what to say \ write here, exactly ... ]
-this said by a fellow CCBA member
25 NX 450h+ / 24 Sienna Plat AWD / 23 Civic Type-R / 21 Boxster GTS 4.0 / 03 Montero Ltd
The only hold up? BMWFS has to have the title in hand, before allowing the lease assumption to go forward.. Of course, I've only had the car nine days.. :surprise:
So.. now, I have to find another vehicle for my wife, before her current lease is up at the end of October.. I've been told that 2-seaters and 2-doors need not apply....
So.. I'm bummed she doesn't like the car, happy that my friend gets to benefit from my hard work, and trepidatious about finding another vehicle..
Just a normal day for a CCBAer...
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Just send your other half out on her own, and she can live with her decisions.
I have the opposite problem, I LOVE my truck but can't drive it. Its going up for sale in about 2-3 weeks, just tying up a few loose ends first. I'd give anything to be able to drive and keep my beautiful truck, but its not to be.
Good luck with the car, hopefully everything goes smooth for your friend assuming the lease.
Not sure though how you could be this far off. If she really wanted an SUV, how the heck did you convince her to go along with the Z4 deal?
2020 Acura RDX tech SH-AWD, 2023 Maverick hybrid Lariat luxury package.
You know how you can rationalize anything, if you really want it to happen? Guess I just got caught up in the deal, more than than the car.. And, just swept her along with me..
Actually, it could have worked.. but, you know..we are all getting older (well, at least she is), and I'm told that as you age, your tolerance for new and different things lessens...
It's something I think about a lot, each time I pick a car for myself.. "hey, the next time you get a car will be 3-5 years later... how many more times will you get to choose what you really want, while you can still enjoy it." We will all run out of time, some day.
So, anyway... it was a killer deal. I was already shopping for the next one, anyway... after all, it was just a 24 month lease..
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2013 LX 570 2016 LS 460
Easy come, easy go!
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2013 LX 570 2016 LS 460
Although, an "investment" in an extra car would pay a better return than the stock market, right now..
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My wife is still digging her new 535xi (only day three of ownership, though. Guess we'll have to see how she feels after eight days...
And, nice touch by the salesman, he threw in a set of the BMW all-season molded rubber mats. In addition to paying for the upcharge of the vanity plates (Massachusetts Cape and Islands) we weren't going to get. But, I'm told the state gets some Fed funds for every C & I plate that is registered (and that the State Police smile a little more favorably on cars equipped with the plates... Man, were we sold!), so she didn't seem to mind paying a bit more every couple of years to renew.
But, she knows what she wants. All other cars came in second in a field of one.
Good luck with the lease, at least there will be more stories of car shopping/buying. Not to mention another notch on your CCBA belt!
Now, go treat yourself well!
'21 Dark Blue/Black Audi A7 PHEV (mine); '22 White/Beige BMW X3 (hers); '20 Estoril Blue/Oyster BMW M240xi 'Vert (Ours, read: hers in 'vert weather; mine during Nor'easters...)
Let me know if your friend decides not to go through with the lease assumption.
Wife's fan has been acting up in the Mazda for a few months, it cuts out for a time, then starts working again. So she calls me yesterday...no air at all coming out and sure enough, she's right. With 95k on her car, we don't need this headache but we haven't test driven anything and with the low inventory at most dealers of subcompact & compact cars, now is the wrong time to buy anything. And we want to get over 100k for the 1st time on any of our vehicles, so we decide to fix it. Turns out the fan blower motor went and it'll be done in the morning.
Luckily, we have my daughter's Accent which she can use if something else goes wrong, as she drives my daughter to work anyways. So now the fun begins, we're gonna test drive the whole gamut of subcompact and compact cars...I would love to get a 2013 model anyways! Guess when it rains...it pours!
The Sandman
2023 Hyundai Kona Limited AWD (wife) / 2025 VW GTI (me) / 2019 Chevrolet Cruze Premier RS (daughter #1) / 2020 Hyundai Accent SE (daughter #2) / 2023 Subaru Impreza Base (son)
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Yes I'm back home, came home Friday. Just went back to the dr today to get the results of the test. I apparently have a seizure disorder and will need to be on medication for the rest of my life. There's a chance I'll be able to drive again, but won't know for 6 months. Probably going to go ahead and sell the truck, I can't see myself wanting to drive again, too stressful with what *can* happen.
Not how I expected my year to go. :sick:
Will be interested in hearing back from you as you begin your search.
Perhaps you can also contribute to the new CCBA featurette "TDOTW". I've already posted short reviews of the 2012 VW GTI and the 2010 Mustang GT. I'm hoping to drive a 2012 Mustang GT later this week.
ky, I have to say I'm shocked that the wife is so unhappy with the Z4. However, perhaps this should be a lesson to all of us to ensure that when car shopping, that the spouse / SO be included in the process of evaluating vehicles, whether or not said vehicle is not one that the spouse / SO will drive regularly.
Sounds like a mess but a necessary mess. Hopefully it won't hurt your wallet too much!
2013 LX 570 2016 LS 460
I had been transferred back to So. Calif from No. Calif and the RE market was red hot at the time. Houses were selling before the signs went up!
My Mother in law was a RE agent in So. Calif at the time and she found out about this house before it hit the MLS boards.
Knowing it would be receiving multiple offers we agreed to pay the asking price. This was during the Carter years and interest rates were sky high.
I think we had a 1st at 16% and the seller carried back a 2nd at 12%.
Three bedroom, two bath, 1400 square ft in Rancho Palos Verdes.
We were NUTS but somehow (?) I was able to make the payments!
+1 on those comments.
My wife looks at a couple of factors when evaluating cars (in no particular order):
1) Power - she wants to make sure that she has enough HP to merge onto the highway safely
2) Turning circle - why this is important to her I'm not 100% sure, but for some reason she does a 3 point turn on every test drive she takes
3) Color - she prefers silver or gray colors for the most part
4) Features - funny that she never realized how drawn she is to little things like Bluetooth and the rear parking camera until we got the CX-7
Yes.. the only requirement is that they have the title in hand (which they don't, yet).. Credit app ($100 fee), $400 transfer fee, if approved..
Original lessee is relieved of liability (some banks won't do this).
Can't do it in the last six months of the lease...
Other than that, it's pretty easy... Plus we live in the same county of the same state, so that makes it even easier...
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And, THAT is a good thing!
I think that has changed within the last couple of years, but I'm not sure...
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Quick question for Isell...my '06 Civic with 32,400 on the clock is in need of a new compressor...is this normal for it to have issues when the car is like just over 5 years old? I'm out of warranty and didn't buy an extended one because...it's a Honda! Any chance Honda would do any kind of reduction in price if I called their corporate help line? A bit frustrated with this one since I bought my 1st Honda product on it's stellar reliability factor...my Toyota's or Nissan never had a a/c issue like this and they all had more mileage than my current ride. Just feel let down by Honda, that's all!
The Sandman
2023 Hyundai Kona Limited AWD (wife) / 2025 VW GTI (me) / 2019 Chevrolet Cruze Premier RS (daughter #1) / 2020 Hyundai Accent SE (daughter #2) / 2023 Subaru Impreza Base (son)
The way I see it, you get a 12 - 18 month old car with full factory warranty just for the payments. If the original person leasing the car put a lot down you can really make out well. They spell out the remaining miles, months etc. Obviously you would assume a vehicle that was taken care and has no damage that would burn you when you turn it in.
2025 Ram 1500 Laramie 4x4 / 2023 Mercedes EQE 350 4Matic
There are some extra costs, though... For instance, BMWFS charges $100 for a credit app and $400 more for the transfer..
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I think that I am gonna check on the site from time to time, as I am technically in the market and a short term lease with little or no out of pocket cost may be the ticket.
I've leased enough cars, that I think I will know the right deal when I see it.
2025 Ram 1500 Laramie 4x4 / 2023 Mercedes EQE 350 4Matic
Highly unusual for a A/C compressor to go bad at 32K.
But, some will last 300,000 miles and some will die an early death.
As far as your experience with Toyota and Nissan, it wouldn't surprise me if the same vendor builds their A/C compressors.
I would definatly ask for help on this one.