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2018 430i Gran Coupe
As an exception, sometimes the car manufactures offer low financing rates OR a dealer incentive. If you opt for one, you lose the other.
That was exactly my point, and Chuck's too, if I read it correctly.
Thanks, isell, for the clarification. I also agree with your other point about low APR OR incentive - you just can't have it both ways. Dealer's deserve to profit, too!
Furthest.
2013 LX 570 2016 LS 460
Non-sales.
Cheers!
Paul
Seems distance from the dealer doesn't matter as much any more - aka Dave Smith in Kellogg. They have customers flying in to Spokane and getting ground shuttled about 100 miles to the dealership! Just to buy a car!
Cheers!
Paul
I think ‘houdini’ saw what happened, I know I did. What else explains his interest in looking at cars. Maybe he’s thinking like I am. Keep reading.
Since I put my money into fixed income a few months ago I actually made some money lately. FWIW, I told my sons to do what I did but they said the market always recovers so they stayed put. If that doesn’t sound like fund manager/stock broker talk I don’t know what does. Sure the market recovers, but my philosophy is ”why do you have to take the hit when you see a bad trend and you’re not comfortable about the short term outlook”? I’m not sorry I got out.
Topic thing: With the whipping that the market took yesterday I got an idea. Tell me what you think my chances are.
I’m thinking of telling Mrs. jmonroe that I’m going to take some of the money I saved yesterday by not being in the market and using this money towards the purchase of a new car. If I have to, I’ll tell her she can use some of that same money to buy a couple dining room chairs. Yeah, I think that will work.
jmonroe
'15 Genesis V8 with Ultimate Package and '18 Legacy Limited 6 cyl
So, yes, I like your plan. We all know that cars are a bad investment but with this market they are looking better and better. You can always tell her that if things get really bad you can turn it into a taxi.
Thank goodness the bulk of my "estate" is in munis.
2013 LX 570 2016 LS 460
2025 Forester Limited, 2024 Subaru Legacy Sport
I like that idea. That’s going to be my plan B strategy. Might even make a buck or two to help out with the payments on both the car and the chairs.
jmonroe
'15 Genesis V8 with Ultimate Package and '18 Legacy Limited 6 cyl
As a matter of fact yes; at least for the short term. I’ve done it before so I know it works, at least for me, anyway.
Note, I didn’t say I was going to keep it there nor am I advocating trying to “time the market”. I’m not nearly smart enough to do that. The market will recover but I don’t want to have my money there while it’s taking pills to get better.
Kinda like you selling new Hondas, you know there are going to be rough times and you get through it but wouldn’t it be nice if you had another way? Maybe you do, like selling used Hondas.
jmonroe
'15 Genesis V8 with Ultimate Package and '18 Legacy Limited 6 cyl
Smaller buy here, pay here places are dying. But there are lots of larger, corporate BHPH places that are booming. JD Byrider, Drivetime, etc. are all growing. And I bet you start to see much higher growth due stricter lending practices at traditional banks. Lots of people foreclosing and going CH11 that still need cars.
Same here (NW Cincinnati), jipster. My roof was actually blown off. I was sitting watching a football game (if that's what you want to call what the Bengals do). Saw the winds, but no warning. Heard something that resembled a bunch of people walking on my roof. Went outside to take a look. 3/4th of my shingles were gone. Some of the wood underneath went with it. Went to the 2nd floor when I heard some loud whistling and the first floor got real "drafty" all of a sudden. Have new "skylights" in two of my bedrooms and my home office. Roof over my porch was sitting by my chimney (about 20 feet away from where it was supposed to be). Came back inside to see my deck collapse and my grill and deck furniture being tossed into the trees in my back yard.
Just as I went to survey the rest of the house, one of my big oak trees in my back yard split in two and fell on my kitchen and garage.
Fortunately, a neighbor borrowed my Tahoe. So, it wasn't around and remained undamaged. My son was at a friend's house, so he wasn't home with his car. My Accord was in the driveway and unbelievably escaped any damage.
I'm huddled down in a hotel as we speak. I heard that power was restored to my street. Going to "tarp" my house today. Trying to make arrangements to live somewhere...don't know where. Don't think I'm going to be living in my house any time soon.
Craziest thing I ever saw. No rain. Sun was shining. Just 70 MPH winds ripping through homes and throwing trees, mailboxes, lawn furniture, wood,siding.....everything....like a tornado. Only, it wasn't a tornado.
But, as you say. It could be worse. I could have been in Houston, or worse, in Haiti.
They need more money from the citizens and then they'll play better games. :shades:
Glad you and yours survived. We were about 50 miles downwind from where you live and the winds were worse than I've ever seen. Luckily no damage to house other than patio furniture and frustrated wife trying to get everything nailed down. (Did have one shingle tab lifted up I'll have to glue back down. I feel so lucky compared to others all around re wind damage.)
Glad your Accord escaped damage. We were without power for 16 hours. Others are still without power.
Business has to be good for car dealers and tree trimmers from all the damage.
2014 Malibu 2LT, 2015 Cruze 2LT,
I lost a ten year old tree in the front yard... and lost maybe a dozen shingles off the ridge of the roof... All fixed now... We were only without power for about six hours, though I know plenty of people that are still without power..
Of course, I was actually attending the Bengals game, so that's where the real catastrophe occurred...
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Couldn't get any tarps until last night. I guess everybody had the same idea as I had.....get some tarps. Tried to put them up last night but ran out of daylight. I live on a cul-de-sac. Assessing the damage on the street, it looks like Kabul. My street and our houses sit on top of a hill. When it's nice, we all have good views.
But, when something like this happens, there's nothing blocking the wind since we sit up so high. Of the 20 or so houses on the street, only two I'd consider unlivable. Of course, one of them is mine. There's a large tree limb resting comfortably in my former bed (glad I wasn't in it when that happened).
Took on some water since the trees busted through some water lines in my house.
City wouldn't let me near the house until they could cap the gas lines to it.
I went to my basement when all hell was breaking loose. Sickening feeling when you hear all the destruction going on above your head.
But again, feeling lucky. I'm alive. Those I care about are in good shape physically. My neighbors who weren't hit as hard have been godsends. They've been watching over my house. Now that they've got power, there's been a bunch of them who have offered food, muscle and cleanup help. I'll see today what I can salvage from what's left.
Again, thanks for the concern.
Living here in Florida, "most" of us get prepared for this in the spring. We stock up on building supplies such as plywood, tarps, a few extra bundles of shingles, nails, batteries, etc. Plenty of canned food that will last and bottled water. Extra gas for the generator, and last but not least, bullets for looters
Actually, we were effected as we had planned to go to Turks/Caicos later this month! Unfortunately, the resort is currently unavailable, we have vouchers (no refunds!)... Again, small peanuts...
'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...)
2016 Audi A7 3.0T S Line, 2021 Subaru WRX
Who do you think purchased all those sub-prime mortgage backed derivatives? Springfield MA lost $18 million out of a $20 million investment on those.
2019 Kia Soul+, 2015 Mustang GT, 2013 Ford F-150, 2000 Chrysler Sebring convertible
Too keep this post on topic, will the local car dealers be having sales on 'storm damaged' vehicles?
I know here in Denver, when we get a major hailstorm, many of the dealers will offer the damaged vehicles at pretty good prices - but, they must be taken 'as is'.
Glad to hear you and yours are OK, but damn that’s bad stuff to endure.
Getting to know a little about you from the boards here at Edmunds it doesn’t surprise me that your neighbors are helping out. I know if I were a neighbor I’d be helping too.
The Bungals are the same as usual so you won’t be getting any pleasure from watching them.
Good luck with the important things.
jmonroe
'15 Genesis V8 with Ultimate Package and '18 Legacy Limited 6 cyl
I wish I were there to roll up my sleeves and give you guys a hand.
Let's see, the three Washington football team have played eight games and lost all of them. the Mariners are in last place and our basketball team moved to Oklahoma.
Glad I'm not much of a sports fan!
I've got a headache. :sick:
2014 Malibu 2LT, 2015 Cruze 2LT,
It was a wierd storm though, looking out my window... no rain, sunny skies, wind blowing like crazy. One second the house behind mine would get a long heavier gust of wind, then mine would. Trees were almost bent in half from the wind.
We got our electricity back after only a day. Parents and sister still are without power. Kids have been off school all this week so far.
Ahhh...now I understand your problem. :shades:
I couldn't pass that up.
jmonroe
'15 Genesis V8 with Ultimate Package and '18 Legacy Limited 6 cyl
Americans watching a round ball being kicked by guys running around in shorts, Yeah, right, that'll draw a crowd. :confuse:
Topic thing: They'll be paid well enough to buy any car they want.
jmonroe
'15 Genesis V8 with Ultimate Package and '18 Legacy Limited 6 cyl
2001 Prelude Type SH, 2022 Highlander XLE AWD, 2025 Camry SE AWD
I admit I don't know much if anything about soccer although I was asked to coach it when my sons played many years ago but only because I was a baseball coach back then. So, when the soccer league started, they wanted someone who knew a little about how to handle a group of young athletes.
I hope that "FC" ain't a swear word.
I suppose the whole rest of the world could be wrong about soccer though...
I think you might be right about that. :P
jmonroe
'15 Genesis V8 with Ultimate Package and '18 Legacy Limited 6 cyl
For the most part, there were days where dealerships had to lock their doors....many times for several days in a row. If I were in the market for a car, and I lived in the affected areas, it would be my guess that now would be the time to go in and make really "skinny" deals as those stores are trying to make up for the days they were forced to shutter their stores.
Moreover, I'd suspect that at least a few cars that they offer for sale may very well suffered some sort of damage. Whether it be minor (cosmetic), or something more serious (broken windshields). Will a dealer "fix" the damage and put the new cars back on the lot as "brand new"? Do they have to disclose that a body panel was reworked? That a new windshield had to be installed?
Just curious if my thinking is right. Any sales people care to comment?
Yeah, you’d think this would be the case but I’d bet those sneaky guys would turn this right around on the buyer and figure they’re more desperate to buy now and they’d hold them up even worse than before.
BTW, how are you doing with your house?
jmonroe
'15 Genesis V8 with Ultimate Package and '18 Legacy Limited 6 cyl
We can either fix the cars or sell them as is at a discount.
As an example there are a lot of TREES around our store and every spring some cars get damaged by tree sap. The sap can actually etch the point. Usually the damage is minimal but it can definatly show. A lot of people could care less and for those people we knock a few hundred dollars off.
The fussy people will pay more and they will probably park under a tree the next week and have the same thing happen.
BTW, are you getting back to normal with your house damage?
From what I can tell, my shingles were literally "scraped off" my roof by a tree branch flying from across the street. The holes in the structure were caused by trees and limbs that flew or fell through the wooden parts (house is made of brick and wood, externally...the brick held...wood didn't), and on my garage and kitchen. That in turn, broke some of my water lines in the walls, which caused water damage.
So, if it weren't for the trees, I probably would have come away unscathed. Damn trees........ :sick:
Now, the fight ensues with my insurance company on what they'll cover, how they'll cover it, and coverage of my living expenses while I'm "homeless". If I can get a contractor to start tomorrow (which I can't), I would imagine I'm looking at 4 weeks minimum, to make the house livable. That doesn't even start to cover the replacement of the ruined contents. Then, I have to convince the insurance people that water logged carpet and warped wooden floors (from the water) are not salvageable. Some of my ruined furniture were antiques. You know it's going to be a fight to get them to put a reasonable number on those pieces.
In short, it's going to be an arduous process.
Wish I still had my boat. I could be living in it on the river with most of the amenities of home, right now.
But....hey....the sun's shining. I'm not taking a dirt nap. As long as I'm vertical, anything's possible.
isell....you make a good point. You clean up the cars. Maybe put a bigger discount on them. Put them back up for sale. As you say, they'd probably make a good deal on them. And, then take them home and park them under a tree with a dangling limb.
Wish I was nearby to give you a hand.
If you're half as good dealing with the insurance company as you seem to be with car dealers, I have no doubt you'll be sitting in a brand new home very soon. Good luck!
2019 Kia Soul+, 2015 Mustang GT, 2013 Ford F-150, 2000 Chrysler Sebring convertible
2016 Audi A7 3.0T S Line, 2021 Subaru WRX
Well....there is one bright spot. My son and I are staying in one of those "extended stay" hotels. Kind of takes me back to the little apartment I had while in college (only a lot cleaner). Got us a little kitchen. Free cable. Free Wi-Fi. And, when I leave and come back to it, everything is magically cleaned up and the beds are made.
My heart goes out to you and everyone affected. You all remain in my prayers.
BTW - if you apply for FEMA relief now, the check should get to you promptly by 2016.
LOL! Thanks, matt. I don't want the government involved in any way, shape or form. I'll deal with it with none of their intervention.