Did you recently take on (or consider) a loan of 84 months or longer on a car purchase?
A reporter would like to speak with you about your experience; please reach out to PR@Edmunds.com by 7/25 for details.
A reporter would like to speak with you about your experience; please reach out to PR@Edmunds.com by 7/25 for details.
Options
Chronic Car Buyers Anonymous (Archived)
This discussion has been closed.
Comments
2020 Acura RDX tech SH-AWD, 2023 Maverick hybrid Lariat luxury package.
I've still got time to decide what I'm going to do. I also looked at my mortgage statement today. In July 2015, I'll be in my house for 5 years (with 25 years left to go on my mortgage). If rates stay in the ball park they are now (I see no signs of a massive hike), I might be able to refi my mortgage for 25 years sometime soon (currently @ 5 1/8%) & start saving some serious cash.
2001 Prelude Type SH, 2022 Highlander XLE AWD, 2025 Camry SE AWD
I test drove the prior iteration E class before buying my '05 Acura TL. LIked it, but just couldn't justify the ~ $20k over the Acura. Current E is nice, but like the 3, they're on every street corner. Maybe it's not a great criteria, but I'd like something I don't see coming and going every day.
I think I get it from my Dad, who had some off the beaten path cars in my youth: Borgward, Renault LeCar, 1955 Mercedes 300 convertible similar to this, but in grey:
http://ts2.mm.bing.net/th?id=H.5064016709420249&pid=1.7
'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...)
2020 Acura RDX tech SH-AWD, 2023 Maverick hybrid Lariat luxury package.
My BMW too. I love it, but they are EVERYWHERE!
2001 Prelude Type SH, 2022 Highlander XLE AWD, 2025 Camry SE AWD
I believe odds are very good that the 4-door Audi will take care of that wind noise problem. Big coupes with frameless windows just can't do away with that problem not matter how well they are made, IMHO.
'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
'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
Interest rates are so low right now that I expect substantially better returns on investments, in the long term, compared to paying off a low interest rate loan.
Who decided that matte black was in any way a color to paint a car? Ugly!
I did see one recently where it looked appropriate. It was a 90's civic with rust behind the rear wheels and a big garbage can muffler.
Of course that begs the question of why someone would repaint a car without patching up the rust holes.
2019 Kia Soul+, 2015 Mustang GT, 2013 Ford F-150, 2000 Chrysler Sebring convertible
I am hoping that interest rates will be close to 0% when it comes time for me to purchase my next ride as I've only financed once before I was married and the day after we returned from our honeymoon, my bride marched me to the bank to pay that sucker in full. But if the rates are still very low, I would not mid paying the vehicles off if my investments were making more where they were. To put down the whole $20k or so is a lot of cash especially if the finance charges aren't to much over the life of the loan. I know we did that with my oldest's Versa to get the extra rebate but paid it off within the month and the fee wasn't that bad. Everyone has to make their own choices according to their means I suppose.
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)
Forgive my ignorance, skins?
2019 Kia Soul+, 2015 Mustang GT, 2013 Ford F-150, 2000 Chrysler Sebring convertible
2001 Prelude Type SH, 2022 Highlander XLE AWD, 2025 Camry SE AWD
Mine: 1995 318ti Club Sport-2020 C43-1996 Speed Triple Challenge Cup Replica
Wife's: 2021 Sahara 4xe
Son's: 2018 330i xDrive
Maybe that's why I'm in here so much, I get to watch a lot of you guys get to do what I would love to. All I know is that I am getting bored with my Civic and want something...FUN!!!
The Bored 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)
and looking at the age of your kids, suddenly you have an expiring mortgage right around the time of a HS graduation!
just out of curiosity, I ran a 250K mortgage. 25 years @ 5% is 1,461/mo. 15 years at 3% is 1,726.
so, if you could take $260/mo out of car payments and redirect to mortgage payments, same total monthly outlay but you are mortgage free 10 years sooner.
of course, if you owe 500K instead, your BMW needs to turn into a hooptie!
2020 Acura RDX tech SH-AWD, 2023 Maverick hybrid Lariat luxury package.
I have actually seen a car a few times recently that I have fought myself not to stop and look at. I have been running up 206 to NY most weeks recently for familly stuff, and just below Hillsborough there is a last gen (E90?) 3 series parked in a driveway for sale. It is that browny/bronze color, and looks real sharp. I almost stopped yesterday to look (and thought about calling you from the car for a price quote!) but figured that might not be the best idea right at this point.
no clue what year, miles, trans or price though. But since it has been there for at least 3 weeks, probably not priced to move fast!
2020 Acura RDX tech SH-AWD, 2023 Maverick hybrid Lariat luxury package.
best part, price soaped on the windshield: $2,200.
might find an excuse to borrow a car tomorrow and wander over to see if it is still there.
2020 Acura RDX tech SH-AWD, 2023 Maverick hybrid Lariat luxury package.
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)
You mean like the rolling advertisements? Oh, ok. Is that why they paint them that way? Doesn't make sense.
About a month ago they were having a local cruise might for pre-1986 cars. I saw two 70s cars painted matte black. I don't think they were planning on wrapping those cars up.
Fast & Loud did an old car like that and it looked horrible. Was a bust at the auction too. Just ugly in my opinion.
2019 Kia Soul+, 2015 Mustang GT, 2013 Ford F-150, 2000 Chrysler Sebring convertible
It is a 1994, with 160K on it. AT. Did not specify engine. But, it had some nice upgrades. The side graphics were Saleen (right!) and racecraft suspensions.
it did have nice looking slotted mag wheels, a rear valance replacing the back bumper, nice chrome dual exhaust pipes. And a soft cover over the bed. Couldn't see the interior though.
but, for the money, looked nice enough. Might have to go check it out in the daylight!
2020 Acura RDX tech SH-AWD, 2023 Maverick hybrid Lariat luxury package.
2020 Acura RDX tech SH-AWD, 2023 Maverick hybrid Lariat luxury package.
Now you're in my neighborhood. Low milage Cali (no rust) car. Me like.
Price is about double what I'd like to pay however.
2019 Kia Soul+, 2015 Mustang GT, 2013 Ford F-150, 2000 Chrysler Sebring convertible
Think beater. I'm as poor as a church mouse and I have all the major food groups. A luxury car, a sports car, a truck (van) and the wife's car. I'm looking for a sports car convertible to really round out the group.
2019 Kia Soul+, 2015 Mustang GT, 2013 Ford F-150, 2000 Chrysler Sebring convertible
I'm not a SUV guy and I don't run in BMW circles but I recently saw an X3 in a dark red (almost burgundy) that looked really nice. It was THE color for that car.
2019 Kia Soul+, 2015 Mustang GT, 2013 Ford F-150, 2000 Chrysler Sebring convertible
Year, milage?
EDIT: caught up with your other post. 160k is pretty high. Too high for a milage paranoid like me.
If it's the 4.0L motor it might be ok. That was a dedicated truck motor for Ford.
2019 Kia Soul+, 2015 Mustang GT, 2013 Ford F-150, 2000 Chrysler Sebring convertible
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)
Those were basically glorified Avalons.
Very nice cars. I noticed he seller didn't auction it he placed a "Buy it Now" number.
He certainly wrote an emotional ad for it making sure he hit all of the "hot buttons" didn't he?
True, on the latest aquisition no one was more surprised than I when the wife gave the green light since she had thrown a fit over the prospect of a new Mustang. Might have had something to do with the $40k price difference.
Have you considered renting a storage unit and rotating cars by season? I can't imagine not having a convertible in Florida in winter. Have you seen those cheap Chryslers on Craigslst?
As to dependability just give your beater a 1 month shakedown cruise to work out the bugs. My $900 van broke down twice in the first month but after resolving those issues it's run fine for the last 4 years.
2019 Kia Soul+, 2015 Mustang GT, 2013 Ford F-150, 2000 Chrysler Sebring convertible
Avalon didn't come around until 2 years after that car was built.
True but matte looks terrible when clean.
I haven't seen matte in the winter yet. Does it hide the dirt and salt?
I just can't get my head around that paint.
2019 Kia Soul+, 2015 Mustang GT, 2013 Ford F-150, 2000 Chrysler Sebring convertible
I meant the black matte looks terrible when dirty - even worse than when clean.
if I parked in the driveway, it would require constant moving back and forth which I don't want to do.
my son already gets stuck parking in the road, and that is not very good at our house, but I don't care with his car! No place really for another bomber out there.
now, once these kids get out of here, then I can do something!
2020 Acura RDX tech SH-AWD, 2023 Maverick hybrid Lariat luxury package.
$7588 as a "buy it now" price? I'll bet you they paid $1500.00 for it.
2001 Prelude Type SH, 2022 Highlander XLE AWD, 2025 Camry SE AWD
It's RWD and has an inline 6 engine--would have to be a different platform than the Avalon. I always liked the styling of the GS, though.
A low mileage cheap late run MB W140 would appeal to me.
A6 vs XF? A6 would have advantages, however, due to the handsome, yet uber-conservateive exterior styling, I have no emotional attachment. Love the interior, though.
Went to a "Cars n' Coffee" gathering at the Lexus dealer Saturday morning. Great turnout, some wonderful cars of all shapes, sizes and un-muffled sounds! Talked with a gentleman for some time regarding his "mid-life crisis mobile," a 1986 Ferrari 328GTS. Red, of course. The post-Magnum model, gorgeous. Like me, he had saved for 20 years for this, his fantasy toy. Unlike me, however, it is not his daily driver as my XK is....for now... Still analysis paralysis. Gorgeous day here, Platinum XK gleaming in the sun. How can I just banish her!!!
BTW, anyone enjoy the Pats and Red Sox show yesterday?!
'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...)
Plus the cassette-only will hurt it. Being a Nakamichi system might make it a bit involved refitting a more up to date system.
And far from up to date crash worthiness..
But still, does look very well taken care of. The driver's seat looks new still. Beautiful lines. Simple, yet elegant and easy to see out of. Love the rear ends on those.
Unfortunately though, at some point insurability will be an issue and if you are caught with a DD on antique insurance, it could result in a refused claim, and for extra insult, hugely increased future premiums on no matter what you're trying to insure cuz you were caught lying to them.
The sales pitch was laid on a bit thick, IMO. It sorta suggests that they did pay way less and hope to clean up on it.
I stumbled across one on Saturday morning .. Porsches. Mostly 911's, but there was a Cayman and a Boxster or two, plus a 928.
Oh, and I saw a Spyder there as well. Pretty cool sighting.
Edmunds Price Checker
Edmunds Lease Calculator
Did you get a good deal? Be sure to come back and let us know! Post a pic of your new purchase or lease!
MODERATOR
2015 Subaru Outback 3.6R / 2024 Kia Sportage Hybrid SX Prestige
'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...)
It probably has a CD changer in the trunk. Very common during that time.
I may be off here IF those cars have a strong following that I'm unaware of.
Some old Hondas will bring crazy off the chart money.
An 88-91 Civic 4WD Station Wagon for example. NUTS money!
Any 96-2000 civic Hatchback especially a DX with automatic and A/C
A 1990-1993 Accord especially an EX Auto.
Throw away all of the books and price guides in these IF they are especially nice with low miles.
About five years ago I took in a MINT 23,000 mile Seattle Silver Accord from the original owner who had ALL
services done including a recent timing belt and water pump done in our shop.
We had to pay dearly for it because she knew of several people who "might" be interested in it.
I think we paid full retail and marked it up quite a bit from there.
People would call and tell us how overpriced it was..." I understand, maybe you can find a "typical" one for a lot less"
One woman came and looked at it, drove it and was about to buy it when a "helpful friend who is a car expert" showed
up and told her it was overpriced.
It sold a couple of hours later. The first woman returned to buy it and left very unhappy.
MAYBE that Lexus is a car like that? I have no idea.
I don't think it's hard to insure an old DD car, at least not in Murica. I know people with early 80s cars that seem to have no issue staying on the road. But yeah, the seller probably paid something like $3500 for it.
Seattle Silver = 1993?