Did you recently take on (or consider) a loan of 84 months or longer on a car purchase?
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Stories from the Sales Frontlines
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Ruchard
Richard
2013 LX 570 2016 LS 460
LOL. That reminds me of a comment I made to my brother a few weeks ago as I was helping him move into his new house . His move up was to a high end neighborhood. They won't even let you park your car on the street... has to be in the driveway, :sick:
I tell him it must be nice being rich. He replies,"I'm not rich... just stupid." ... meaning the loan amount being a bit high. :P
My dealership did offer to let me test drive my Buick Regal for the weekend 6 years ago, before I bought it. I must have had the "he pays cash" look about me, as I don't recall being dressed in anything more than just casual conservative. :surprise:
Now if you are really interested in being fiscally prudent ..
Edmunds only listed TCO numbers for 5 years. I agree if you can keep a vehicle for longer you are very likely to have decreased costs (assuming maintenance isn't astronomical). My prior car was bough new in Feb '99 and was sold in Dec 09. Nearly 11 years old it had 152K miles on the odometer. While I do buy new I also hold onto my cars until well after they've earned their keep.
So what would the difference be in maintenance on a Smart v. a Civic over 10 years/150K miles? I'd put my money on the Honda being cheaper to maintain, especially since the Smart comes with a depressingly short 2 year/24K warranty. A single powertrain repair is going to cancel out an awful lot of gas savings.
And talking about gas, the Civic goes about 80 miles further on a tank of gas so there's less stopping for fill-ups. And the Smart wants premium, erasing much of the savings from higher mileage by wanting more expensive fuel. (Yeah, it's optional, but cars that recommend premium tend to perform a little worse without it and the Smart's little 3-banger needs all the oomph it can get.)
Anyway, let's be honest, car ownership is rarely purely about the cost. Comfort, performance, style, and other factors are important as well and with the exception of being able to park virtually anywhere, other compact sedans will best the Smart in most measures. Is it any wonder the sales folks are mentioning Smarts that were traded in after a scant 60 days of ownership?
2013 LX 570 2016 LS 460
If I were looking only city with tiny parking spaces, smaller that a fit, but good for a smart, I would just go to the scooter.
Geez, my wife just bought a new treadmill for $2200. It made me think I could probably buy a used car for that much. It might be cheaper using your car for a workout, instead of buying gym equipment. I wish you told me this idea a few weeks ago.
2017 MB E400 , 2015 MB GLK350, 2014 MB C250
Just wondering, do people who drive Smart cars get snow tires?
2017 MB E400 , 2015 MB GLK350, 2014 MB C250
The flaw in your logic is that people have to have their cars. If there are fewer used cars available (due to people keeping cars much longer) the the price would go up and people would move to new cars.
In theory if everyone kept the cars until they were junked the number of cars n the road will go down slightly (as some who absolutely could not buy new would find alternative modes of transportation) . That being said those people who now buy used would move to new as an alternative to used. They will need a car, they may have to compromise in what they get but they will buy.
2011 Hyundai Sonata, 2014 BMW 428i convertible, 2015 Honda CTX700D
Which ones?
2011 Hyundai Sonata, 2014 BMW 428i convertible, 2015 Honda CTX700D
2011 Hyundai Sonata, 2014 BMW 428i convertible, 2015 Honda CTX700D
Supposedly there is a diesel Smart car sold in Europe that is rated at a combined 85.6 mpg.
2013 LX 570 2016 LS 460
2013 LX 570 2016 LS 460
All trades up to $2,500 OVER KBB VALUE!*"
Some prices:
2010 Rogue S AWD MSRP $22,650 NOW ONLY $16,780
2010 Altima 2.5 S MSRP $22,735 NOW $15,797
2010 Maxima 3.5 S MSRP $31,530 Now $21,891
2010 Sentra 2.0 MSRP $17,610 NOW $11,205
2010 370Z Sport Package, 6 Speed, Platinum Graphite, HOT HOT HOT MSRP $34,045 NOW $28,405
Disclaimer
*May not be combined with other offers/pre-negotiated deals/KBB Fair Trade Value minus reconditioning and excluding cars with previous heavy damage.
all prices include all applicable incentives and are before your fees.
Does the highlighted part of the disclaimer mean that if I buy a car at the advertised price I don't qualify for the Toyota discount and 2500 over kbb?
I own an 04 Acura TL and 06 Carola. KBB fair trade in on Acura is $9825. If I purchase the Rogue for $16,780 - 9825 - 2500 - 1250 = 3205 + tax and fees; that would be a deal of the century. How much can they possibly charge me for reconditioning on a car that has no dings or scratches?
Inspection, tires, brakes, detail, oil change, tuneup, and more!
Keep in mind the Rogue model they're advertising is base model with cloth and hubcaps and it does not say that it's NEW. Most likely a used model or a demo.
2016 Audi A7 3.0T S Line, 2021 Subaru WRX
2016 Audi A7 3.0T S Line, 2021 Subaru WRX
Redundancy alert!!!
I do all of our dealership's online inventory, auto trader/craigslist listings, photo taking, online marketing, etc....
2016 Audi A7 3.0T S Line, 2021 Subaru WRX
2011 Hyundai Sonata, 2014 BMW 428i convertible, 2015 Honda CTX700D
2011 Hyundai Sonata, 2014 BMW 428i convertible, 2015 Honda CTX700D
It doesn't matter how they assign the various amounts, even if they decide to charge $25 for the air in each tire.
The final 'out the door' (OTD) price is all that matters, no matter how it's arrived at.
If it's acceptable to you then that's all that matters.
I've owner two diesel Peugeots and I sure wouldn't want another one!
Most comfortable seats of any car I've ever sat in though,
2011 Hyundai Sonata, 2014 BMW 428i convertible, 2015 Honda CTX700D
The dealer in our town dropped the line saying they did not feel comfortable selling cars that they couldn't be proud to sell. Shortly thereafter, they pulled out of the U.S. market all together.
And were they ever STRANGE! Turning on the headlights was about a four step process as I recall.
Any of them at that MSRP that I have. I believe I have every color right now, so really anything to choose from. When are you planning to visit?
We are talking about 2010 AWD Rogue S for $16780, MSRP $$22650.
Now I will ask him if I can get $2500 over KBB fair value for my Acura, plus another $1250 for owning a Toyota.
Stay tuned.
100mpg.ca In Boom's neck of the woods
My wife's 2010 Acura TSX will definitely last us for the long haul.
However as a car guy, there are too many cars I want to own and approaching the tender age of 34 - the 10 year for each car might not work. Once I have the financial rescources - a Corvette, a Porsche 911...
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
I actually rented one about 10 years ago when my former spouse and I went to Mexico. The seats were quite comfortable. But, that was all that was memorable about it. It didn't handle particularly well. Nor, was it a great performer. Rode nice with nice seats. That's about all I could say positive about it.
Hope it isn't one of those deals where you don't pay for 3 years, but if you don't pay on the due date after 36 months you pay all the accululated interest for the 3 years at 28% interest rate.
We once bought a refridgerator from Sears with no pay for 3 years. We made sure we had it paid off before the 3 years, or our $1500 refrigerator would have cost about $3500.
2017 MB E400 , 2015 MB GLK350, 2014 MB C250
all prices include all applicable incentives and are before your fees.
So that $16k+ on the rogue already takes the $3750 incentives into account.
'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
2013 LX 570 2016 LS 460
I am curious about the new diesel/hybrid technology that is supposed to get 70 mpg routinely under normal driving conditions. Slap that in the Smart and you could drive forever if you could stand it.
The Smart also looks like a good candidate for all electric to me. You could just drive right onto the golf course. Also make a quick get-a-way, if necessary, when settling up the bets !!
2013 LX 570 2016 LS 460
2011 Hyundai Sonata, 2014 BMW 428i convertible, 2015 Honda CTX700D
Same here but the reality of things is that financial resources or not I can find better things to do with the funds. I think that I would enjoy a couple of weeks in Tahiti and owning a 25K sedan more than just owning a Vette (and so would the wife).
2011 Hyundai Sonata, 2014 BMW 428i convertible, 2015 Honda CTX700D
My son is thinking of one (base 4 cyl). Any pros? cons?
Thanks!
However, in defense of this dealer, they do have incredible deals. Last weekend I test drove their base Altima SR. MSRP $25585, they gave me the OTD quote of $22000. I live in a 3% tax state, so their quote was over $1k under invoice including Edmunds published incentives. that is assuming that my definition of OTD is same as theirs. However, now they are advertising Maxima S MSRP $31,530 for $21,891, and that is just ridiculous.
Every deferred interest card I've ever used still shows the balance on the card, so I don't think that was it.
Mine: 1995 318ti Club Sport-2020 C43-1996 Speed Triple Challenge Cup Replica
Wife's: 2021 Sahara 4xe
Son's: 2018 330i xDrive
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2015 Kia Soul, 2021 Subaru Forester (kirstie_h), 2024 GMC Sierra 1500 (mr. kirstie_h)
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Mine: 1995 318ti Club Sport-2020 C43-1996 Speed Triple Challenge Cup Replica
Wife's: 2021 Sahara 4xe
Son's: 2018 330i xDrive
i switching to another card for now, and will use the other one only near the end of the billing cycle.
probably won't the first card i mentioned to charge part of a new car, unless i buy near the end of the month.
Goodness. I didn't know that you did this for posters. :surprise: I'll send you my bill at the end of this month. :P
Richard
Or right onto your burial plot! :P
Richard
Sorry XP, couldn't help myself ! I hope you are in a good mood today.
2013 LX 570 2016 LS 460