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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Memory test?
2014 Malibu 2LT, 2015 Cruze 2LT,
you got your money's worth, and your needs clearly support getting a better/more reliable/SAFER (play up safety for the dog!)/more practical vehicle for your needs.
some good choices listed too.
2020 Acura RDX tech SH-AWD, 2023 Maverick hybrid Lariat luxury package.
I wonder if there are any reliability issues with the car, or are the repairs primarily planned items, or at least plan-able items. When it comes to justifying the purchase of a new car, there are only two things that come into play: 1. I need it; and 2., I want it. If you already have a car, then the "need" part is harder to justify. But, peace of mind counts for A LOT, so if you can't or don't trust your current car, then there ya go. Justified.
But, let's be honest. When most new cars are bought, it is because the buyer wants a new car. So, that's when you merge your points noted above (e.g., ~$2,000 a year is 50% of the way to a $4K/yr loan) with the fact that this is your reward for your frugality and your new job!
As far as keep or trade, I'd say keep the Yaris if you can make use of it. If not, sell it private party, but don't bother trading it in as you won't get much for it (whether it has all of its wheels or not!).
Happily, the old thing still works, and we barely use it, so there is no economic argument to make in which the Sony loses. For now, I'm waiting until we finish the main floor of the house. My reward for completion of that area is that I get to hang a brand new snazzy television, complete with a new audio system (my component stereo is a little older than the Trinitron with 25-year-old Infinty tower speakers), in my brand new room. It will be a glorious day for my fifty-year-old self (I'm not nearly that age yet). Bwahahahah!
If only car prices had evolved similarly, or maybe looking at all the features, some have.
Mine: 1995 318ti Club Sport-2020 C43-1996 Speed Triple Challenge Cup Replica
Wife's: 2021 Sahara 4xe
Son's: 2018 330i xDrive
'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
'24 Chevy Blazer EV 2LT
The big problem when you switch is finding somewhere to dump the old one. No one wants them.
'24 Chevy Blazer EV 2LT
Finally had to take it to the recycle center. Although the bin said "no TVs," I saw several in there, so I added mine to the pile.
'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
When I bought my current TV, I was replacing a big ol' Sony.
When the 2 guys showed up at my house to deliver the new one,
one of them groaned and said:
'I thought we had replaced all those by now!'
- Ray
Happy I did not have to remove it - or dispose of it.....
I bought my Trinitron for $300 (retail of $700 at the time) about sixteen years ago. It was a defect return that had sat in the back of our store for a couple of years; I initiated a project to clean out and reorganize the storage room, and I needed a TV, so I made an offer on this one then took it over to the local repair shop and had it sorted out under warranty. It still works fine, and we use it maybe two-to-four hours per week. It uses 150 watts of electricity per hour. A new television, regular HD (1080P), and probably about 42" (small by today's standards), will run about $500 or so and use 18-20 watts per hour.
So, how does the math work on that to make the purchase pan out for any reason other than just wanting a flat screen? From a savings standpoint, I would need to own that thing for nearly fifty years to realize a net savings, and that is without considering the opportunity cost. No, for now, as long as the Sony continues to function, I am perfectly happy using it and deferring a television purchase. The added benefit is that televisions just keep getting better and better (while the cost keeps coming down).
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2015 Subaru Outback 3.6R / 2024 Kia Sportage Hybrid SX Prestige
'24 Chevy Blazer EV 2LT
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2015 Subaru Outback 3.6R / 2024 Kia Sportage Hybrid SX Prestige
My folks did this as a line of credit years ago (mom is now 77, dad is 80). They've used the money for a new car (2003 Hyundai Sonata, now with about 45,000 miles), some home improvement (solar panels, new perimeter fencing, etc.), and other small expenses. Given that the house is worth as much as it is, it's their safety net in the event that long term care for one or the other of them is necessary and isn't covered through other means.
When they die, the house will be sold and the mortgage paid off. The rest goes to an estate to be divided up amongst the heirs.
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2015 Subaru Outback 3.6R / 2024 Kia Sportage Hybrid SX Prestige
We tried to buy a house here but the seller had a reverse mortgage. He wanted to cash out and move to Phoenix to be close to his kids, but the early "cash out" fees made it impossible for him to net enough money to buy a small condo. So he's stuck.
2025 Ram 1500 Laramie 4x4 / 2023 Mercedes EQE 350 4Matic
2017 Cadillac ATS Performance Premium 3.6
Let's just say, if I were to be looking at 1st gen X3's, is there anything in particular to be on the lookout for as far as maintenance concerns? Would there be one engine preferred over another? Any particular years better than others?
2024 Audi Q8 e-tron - 2017 911 C4S - 2025 BRZ - 2023 A6 Allroad - 2024 Genesis GV60 - 2019 Cayman
2020 Acura RDX tech SH-AWD, 2023 Maverick hybrid Lariat luxury package.
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2015 Subaru Outback 3.6R / 2024 Kia Sportage Hybrid SX Prestige
The 330ci ZHP is actually listed out on craigslist and the ZHP forum. Proceeds of which would likely pay down the hefty loan on the S4. I mean, kinda hard to justify a "fun" car when the manual S4 is my main car. A truck on the other hand...
2024 Audi Q8 e-tron - 2017 911 C4S - 2025 BRZ - 2023 A6 Allroad - 2024 Genesis GV60 - 2019 Cayman
2020 Acura RDX tech SH-AWD, 2023 Maverick hybrid Lariat luxury package.
My Plasma is a recent model Samsung 60" (their high 8500 line; yes, they made cheapo plasmas too). They don't make them anymore, I got one of the last ones. It is probably barely out of warranty though.
2001 Prelude Type SH, 2022 Highlander XLE AWD, 2025 Camry SE AWD
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 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 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)
Problem areas-
Engine: You know the M54 litany- coils, vc gaskets,VANOS, cooling system, vapor separator, DISA, etc., all can be issues, but usually only past 130k miles. As Bradd noted, the 3.0sis have the newer 3.0 motor; not my area of expertise.
Drivetrain: I drain and fill the 5 speed GM automatic every 60k miles and it is fine at 183k miles. Some 3.0si owners have complained about the shift quality of the 6 speed automatic, but I think software revisions fixed at least some of the issues. Not so robust was the transfer case and front driveshaft, which required replacement at 136k miles. Rebuilt transfer cases and driveshafts were not available when mine died; they are available now- and for less than 50% of what BMW charges. Both diffs are quiet and CV joints are still original. Brakes last 50k-75k miles; sometimes you can get by with just a pad change on the rear.
Suspension: I've heard of broken rear springs but our X3's suspension has been bulletproof; everything is original.
Interior: The panoramic sunroof can have issues, and if the cassette goes belly-up you may be able to rebuild it- it is NLA from BMW. We NEVER touch ours.
The interior has worn well- no squeaks or rattles; the door seals are looking a little rough; I'll probably replace the front ones this spring.
As I've said before, we love ours.
Mine: 1995 318ti Club Sport-2020 C43-1996 Speed Triple Challenge Cup Replica
Wife's: 2021 Sahara 4xe
Son's: 2018 330i xDrive
I forgot how much criticism the early models got for the harsh ride. Wife and I probably wouldn't mind based on what we have driven, but a later model may be a better choice for the daughter.
Since @roadburner mentioned his returning to his fleet, I've been taking notice of them around town. There seems to be a lot of the 1st gen X3s around, which speaks well for their longevity (just like I seem to notice a lot of E46s and E39s still I suppose).
For around the same price, you can get a much newer model Tiguan, which I would consider, but I'm starting to think an older X3 would be a better way to go.
2024 Audi Q8 e-tron - 2017 911 C4S - 2025 BRZ - 2023 A6 Allroad - 2024 Genesis GV60 - 2019 Cayman
2024 Audi Q8 e-tron - 2017 911 C4S - 2025 BRZ - 2023 A6 Allroad - 2024 Genesis GV60 - 2019 Cayman
2020 Acura RDX tech SH-AWD, 2023 Maverick hybrid Lariat luxury package.