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Comments
graph,
If your reading this, it sounds like the beginning of a party. What should 'kyfdx' and I bring?
Sorry I asked in a public forum.
jmonroe
'15 Genesis V8 with Ultimate Package and '18 Legacy Limited 6 cyl
They are for sale everywhere. I suspect some dealers have a few too many 2006 models and want to move them before showing the 2007's. I don't have many 2006 except for V6 models which are not exactly flying off the shelves. The 4 cyl Mazda6 have been selling very well and we ran out..many dealers need 4 cyl Mazda6 asap so they are shipping now.
Now I have found a much more agressive deal being offered by another dealer, with better equipment options, so it is not something that my first dealer can match. The first dealer has no inventory.
My question is can a deal be broken anytime before taking possession even though I signed the buyers order? Do I risk losing my deposit, or does the dealer have legal recourse.
Also, if forced to take the first deal, how long can I delay taking possession and starting the lease without risking the terms changing?
thanks. You guys are the experts and us consumers just do this once every 3 or 4 years.
At least you know how every mile was driven and by whom. You know what gas you put into it. You know who will work on it if necessary. you have every stich of paper regarding any warranty repair, etc. You also know if all the recall work or TSB's were performed. You know when you had the oil changes, etc.
It looks like I guessed right as to why my son got a pretty good deal on a used 2005 Mazda 6, V6 (posts 3323 and 3330), am I right?
It appears when gas prices go up, people start to think economy, AGAIN.
jmonroe
'15 Genesis V8 with Ultimate Package and '18 Legacy Limited 6 cyl
Why's that? Is it because the V6 has the Ford Duratec, or because the 4 cyl is more economical?
And you pay a tremendous premium for that privilege. I will take the risk of buying a 3 yo $20k car for $7k.
If the new car is worth $500 more to you, might be worth losing it, maybe.
BUT - you need to really nail down the deal with the second dealer. Could be they'll make up on the swings what they lose on the round-abouts. Ask about everything, like prep fees, financing if that's applicable, everything. Ask for a complete write-up.
Also ask the first dealer for a complete write-up, and explain that you're thinking of cancelling because of a better deal elsewhere. See if they can meet the price or throw in something else to save the deal.
Good luck.
The first dealer adamently refused to return his deposit so my son-in-law wrote to the CEO (or District GM) of Nissan and the powers to be told the first dealer to return the deposit.
How about a nice sporty 18 speed bike?
Studies show that the average high school student's grades will drop >10% after getting a car.
Interesting fact about a 10% drop in grades after getting a car. Don't doubt it.
jmonroe...kyfdx....I may have to put together an outing on the Ohio River for you guys.
The question is does getting the car have that effect on their grades. Most High school students get their cars around their junior year and there fore will be taking classes that are harder than they took in the first couple of years. Hard classes means its harder to get the same grades so it is expected that grades will slip a bit.
So is it the car or a harder course load that causes that drop?
2011 Hyundai Sonata, 2014 BMW 428i convertible, 2015 Honda CTX700D
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I'll second that. I am not that far off from my high school days so trust me, it's the car...
While not high school my GPA in college dropped 8% from the end of my sophomore year to the end of my senior year. It wasn't from my car (I had one the first two years) but because the courses got harder.
I would hazard to guess that if you followed high school kids that don't get cars you would see similar results.
2011 Hyundai Sonata, 2014 BMW 428i convertible, 2015 Honda CTX700D
Interesting rationalizatiom.
Sounds like something a used car salesman would say.
Of course that was probably because I switched from Engineering major to Poli Sci/Journalism/International Relations major.
That is as good a rationalization as I have ever heard!
tidester, host
From what I read that is common.
2011 Hyundai Sonata, 2014 BMW 428i convertible, 2015 Honda CTX700D
Hence, I agree with Snake... it was the car that affected the grades, it would have mine. I remember in high school when another student who had a muscle Malibu (1970), spinned his tires going out of the school driveway.. I was thinking, wow, he just used 15,000 miles if rubber right there.....what a waste. :surprise
I appreciate everything I am able to get for myself because I never really had that opportunity when I was younger. I think my parents taught us a very good lesson. If you work hard, you can buy what you want. So I did.
Mark156
I remember when I graduated high school back in 1980 that on the last day of classes several kids burned rubber out of the school parking lot.
Some got trolly cars while others wound up in subway cars.
The good old days.
There is a rare exception to that. One is an Eagle Scout in our troop who now drives a hand-me-down car to school. He also works in his parents' retail store. I expect his grades won't be affected because he has shown the ability to plan and organize his time. Also I've never seen him with another student in his car. It's strictly for to and fro--it's a tool and not a social item.
2014 Malibu 2LT, 2015 Cruze 2LT,
Like the Eagle Scout mentioned above, the car is strictly a means of transportation for her. She will have had her license for 2 years this coming November, and she's probably driven less than 10,000 miles in that time.
Now that she's in college, the car is driven even less, since so much of what she needs can be found on campus. But, it's nice for her to come home when she wants --- which she'll do this coming weekend.
I didn't get a car in HS and my grades went up - case closed!
Seriously, you make a great point. Without data it's all speculation.
tidester, host
Talked my sister out of the used Mustangs and Camaros, much to my niece's chagrin.
Ended up with a '97 Toyota Paseo...great shape (no rust, no apparent pole encounters), auto, A/C, 80K miles, one owner....all service records (all done at local dealership) for $3,400.
The seller was a real nice lady... a retired school teacher in her '50s. She was asking $4,000. We had cash, which made the deal simple.
It's a red coupe (which made my niece happy), but has a little 4 banger that won't get my niece in any trouble. Plus, it should last her for the next 3-4 years, if not longer.
Over 24 months, insurance will cost more on it than the car is worth.
When my kids were getting close to driving age, I had a discussion with my insurance agent about what cars were the cheapest to insure for 16 year olds. They told me Saturn sedans.
It's sorta funny that both my kids now drive Saturn sedans!
I bought my own car from my mom as when they bought the car brand new six years previously the agreement was I would pay fair market value for the car after I got my permit.
Of course being a teenage driver about two months after I got my permit but before I had enough money to buy the car I wrecked it one morning on the way home from church.
Afterwards I tried to argue diminished value with my mom because of the accident but she didn't buy that at all.
If my grades did slip after I had free use of the car it was probably more of a result that I had more free access to my girlfriend who didn't have a car yet.
Of course, there are exceptions.
A highly motivated and bright student for one.
Or a complete nerd who has no social life.
It's simple stuff.
Remember that correlation does not equal cause and effect. Like the one study of grade school kids that showed that those with bigger feet had better reading skills. Of course kids with larger feet are generally bigger and bigger kids are generally older and older kids are generally in higher grades and kids in higher grades usually have better reading skills.
I still contend that it has more to do with moving on to higher levels of study than it does with cars.
2011 Hyundai Sonata, 2014 BMW 428i convertible, 2015 Honda CTX700D
Ouch!! But probably deserved. I was kind of a nerd in high school (but I did date the quarterback of the football team...doesn't that count for something??).
tidester, host
I had a guy trade his 2004 M3 with 27,000 miles in for a Supercharged Range Rover Sport yesterday.
I know what I am driving home tonight.
Good idea tidester. That "My grades in high school dropped/raised/stayed the same, when I got a motor vehicle" thread has got to be one of the lamest I have ever read on Edmunds...maybe even worse than my Kirby thread. :P
Speaking of BMW's and trades and staying on topic, here's a couple gems from a friend who sells at a local BMW store.
*STORY #1* Woman comes in wanting a new 6-series. I guess she'd done real well in her business (dunno what it was) and wanted to reward herself. My friend does his thing, lady decides she likes it and buys it. Black with a reddish-brown interior. About $70,000 paid by check.
About a month later she comes back and tells my friend she doesn't like the car and wants something else. Apparently this was the largest car she'd ever owned and was not comfortable driving and maneuvering the car in traffic. She decides to trade into a new 330i sedan. Loses about $12,000 on the trade and he sells her the 330i at full sticker. After this deal is done, he calls a customer who was interested in the 645 and eventually sells it to him about $2000 off full sticker. Between the three deals he made about $10,000.
*STORY #2* High-powered attorney type comes in wanting a new M5 with the V10. Friend locates a white on blue in another state. Attorney wants it and pays for the car and shipping with a check, over $90,000. Mr. Attorney starts calling every day with, "Where's my car? Where's my car?" Car arrives and he rushes over to take it home. Everyone happy.
Well, not so fast. About 6 weeks later our attorney comes back with the M5 wanting to dump it. Apparently when he got home with it, the wife threatened to leave him. Her ultimatum was "lose the car or lose me forever". I guess they'd been fighting for some time and she'd bought some expensive stuff to spite him. He thought he'd buy this car to show her up. When they appraised the trade, the buy price was $25,000 less than his purchase price. The attorney said, "25 grand is a lot cheaper than getting a divorce!" The dealer called a few customers on the M5 waiting list and it was resold in a few days for full sticker.
Gotta love Type A silly rich people! Can't seem to whizz away money fast enough.
We put about 35,000 on the M3. It had some slightly less desirable aftermarket mods which kicked its value down but other then that it was ok.
Nope, he musta been one too.
Couldn't resist,
jmonroe
'15 Genesis V8 with Ultimate Package and '18 Legacy Limited 6 cyl
I can't believe you admitted that.
Everybody should bookmark that post.
It is an honest/true confession,
jmonroe
'15 Genesis V8 with Ultimate Package and '18 Legacy Limited 6 cyl
My kirby thread rocked...and you know it jmonroe. :P
Just for the record, I never contributed to that thread.
Since you brought it up, I never had a car when I was in high school. However, if my parents could have afforded one for their favorite son, they would have buyed me one cause my grades couldn't have gotten any lower and I was takin the easy stuff.
There I said it.
jmonroe
'15 Genesis V8 with Ultimate Package and '18 Legacy Limited 6 cyl