Edmunds dealer partner, Bayway Leasing, is now offering transparent lease deals via these forums. Click here to see the latest vehicles!
Popular New Cars
Popular Used Sedans
Popular Used SUVs
Popular Used Pickup Trucks
Popular Used Hatchbacks
Popular Used Minivans
Popular Used Coupes
Popular Used Wagons
Comments
2020 Acura RDX tech SH-AWD, 2023 Maverick hybrid Lariat luxury package.
It is not an unreasonable ask for CPO. But, here’s the thing... as a normal retail vehicle, I’d suggest $35k TOPS for it. How much is that 1 extra year of warranty worth to you?
'11 GMC Sierra 1500; '08 Charger R/T Daytona; '67 Coronet R/T; '13 Fiat 500c; '20 S90 T6; '22 MB Sprinter 2500 4x4 diesel; '97 Suzuki R Wagon; '96 Opel Astra; '08 Maser QP; '11 Mini Cooper S
I'd have to go back and check the info on the warranty. How long would you recommend me stretching the warranty? I probably wouldn't put more than 12k miles a year on it.
The $35k tops is understandable!
-=-=-=-=-=-=- end quoted material=-=-=-=-=-=-==-=-
I don't know that they are particularly unreliable. But ... any 9 year old car is more likely to give you trouble than an average new car. And you should be able to get a better interest rate on a new car loan, and automatically have a 36/36 or better warranty.
$556 a month for 6 years, that means 5.5 years from now, you will have a 14 year old car and still be making payments of $556 a month. Have you really thought this through?
23 Civic Type-R / 22 MDX Type-S / 21 Tesla Y LR / 03 Montero Ltd
Since when is buying a 2-3 year old luxury vehicle, CPO, for a reasonable $3-5k over auction values such a bad deal?
2024 Audi Q8 e-tron - 2024 Corvette - 2024 BMW X5 - 2023 Tesla Model Y
(1) 2015 Honda Fit EX - Black CVT - 101K miles
(2) 2016 Honda Fit EX - Black CVT - 86K miles
Dealer offered him $12K for both. What do you think?
Location - Fairfield County, CT
2001 Prelude Type SH, 2022 Highlander XLE AWD, 2022 Wrangler Sahara 4Xe, 2023 Toyota Tacoma SR 4WD
It isn't, and that isn't the problem. Stretching a substantial payment nearly to the vehicle's second decade -- that seems a little sketchy to me.
You see, @breld, when cars age, things wear out. Not something you're likely to have experienced
It's clear that @MrHarris183 isn't a gear head. He's asking the right people, which is a smart move.
If payments until 2025 are a way to smooth out cash flow from some abundant source, great.
If it's a way to buy a car that's maybe a stretch financially, then I'd respectfully suggest to reconsider. $556 is one heck of a lease payment, with the downside well under control.
cheers -mathias
-No I'm really not a gear head. That's true. I need help.
_-Affordability isn't the problem for me, I just want to take advantage of any ways to save a few grand on financing this vehicle or a similar one!
I don't know that they are particularly unreliable. But ... any 9 year old car is more likely to give you trouble than an average new car. And you should be able to get a better interest rate on a new car loan, and automatically have a 36/36 or better warranty.
$556 a month for 6 years, that means 5.5 years from now, you will have a 14 year old car and still be making payments of $556 a month. Have you really thought this through?
-I may have missed a few notches in thinking ahead, but I'm pretty sure it won't be 14 years old in 5 years. It's a 2017 and in 5 years it'll be 7/8 years old. And I'd probably be finishing up paying for it. Either that or pretty close to it.
-The newer version of this car would probably run $10k more! Better warranty, yes but more overall out of pocket.
Speaking of 9, when (if?) the 9spd automatic coughs up a lung, is the $6k repair bill an inconvenience or a financial desaster? I've known people who made payments on cars sitting dead in their driveway.
Around 1977 I had a young woman who lived with me for a year or so. A very beautiful, very exciting, but very bad young woman. Yeah, like that.
I bought her a car, a used Honda Civic, a 1974 model if I recall correctly. A rather neat little car. But she lied to me about her driving record (along with a few thousand other things), the insurance company canceled the insurance, and before I could get new insurance she totaled the car.
The car was financed with the credit union where I worked, and I knew (personally) the head of the credit union. He called me one day, saying he had received notification that the insurance had been canceled. I told him the car no longer existed, so I wasn't going to buy more insurance. But the payment was being deducted from my paycheck, and all he had to do was just leave things alone and the credit union would get their money. He wasn't happy, but he accepted the inevitable, and the loan was paid off. Eventually, we laughed about it over a few beers. But it was not the high point of my young life.
'11 GMC Sierra 1500; '08 Charger R/T Daytona; '67 Coronet R/T; '13 Fiat 500c; '20 S90 T6; '22 MB Sprinter 2500 4x4 diesel; '97 Suzuki R Wagon; '96 Opel Astra; '08 Maser QP; '11 Mini Cooper S
This is one of them.
2001 Prelude Type SH, 2022 Highlander XLE AWD, 2022 Wrangler Sahara 4Xe, 2023 Toyota Tacoma SR 4WD
2020 Acura RDX tech SH-AWD, 2023 Maverick hybrid Lariat luxury package.
'11 GMC Sierra 1500; '08 Charger R/T Daytona; '67 Coronet R/T; '13 Fiat 500c; '20 S90 T6; '22 MB Sprinter 2500 4x4 diesel; '97 Suzuki R Wagon; '96 Opel Astra; '08 Maser QP; '11 Mini Cooper S
'11 GMC Sierra 1500; '08 Charger R/T Daytona; '67 Coronet R/T; '13 Fiat 500c; '20 S90 T6; '22 MB Sprinter 2500 4x4 diesel; '97 Suzuki R Wagon; '96 Opel Astra; '08 Maser QP; '11 Mini Cooper S
jmonroe
What sort of leverage do I have to get this vehicle from a $33k down a few grand?
Vin #5UXWX7C53G0R17027
Located in Omaha Ne
My Zip is 68147
who is the backer of this “lifetime warranty”?
'11 GMC Sierra 1500; '08 Charger R/T Daytona; '67 Coronet R/T; '13 Fiat 500c; '20 S90 T6; '22 MB Sprinter 2500 4x4 diesel; '97 Suzuki R Wagon; '96 Opel Astra; '08 Maser QP; '11 Mini Cooper S
I forget what it costs; it's obviously not cheap. I want to say around $3k but don't remember.
I would not buy any warranty unless it is issued by the original manufacturer.
'11 GMC Sierra 1500; '08 Charger R/T Daytona; '67 Coronet R/T; '13 Fiat 500c; '20 S90 T6; '22 MB Sprinter 2500 4x4 diesel; '97 Suzuki R Wagon; '96 Opel Astra; '08 Maser QP; '11 Mini Cooper S
2018 VW Passat SE w/tech, 2016 Audi Q5 Premium Plus w/tech, 2006 Acura TL w/nav
2008 Toyota Tundra Double Cab SR5 4X4
standard options, 22" allows, running board, short bed 6.5 ft, 4.7/V8.
hard ding in door, some clearcoat damage on the exterior of the bed, both sides, blister in grille chrome, driver's seat (cloth) compressing w/ tears in it, AC inoperative, --- 107K miles.
Not a bad looking truck from 5 feet. Probably could use $1,000 to $2,500 in recon before a dealer fielded it. But miles are good, runs well.
I'm thinkin' $10K--$11K retail ??
That "AC inoperative" could easily set you back $2k to fix, all by itself.
As is? Ugh... maybe 10? So $7500 trade, possibly?
'11 GMC Sierra 1500; '08 Charger R/T Daytona; '67 Coronet R/T; '13 Fiat 500c; '20 S90 T6; '22 MB Sprinter 2500 4x4 diesel; '97 Suzuki R Wagon; '96 Opel Astra; '08 Maser QP; '11 Mini Cooper S
Thanks so much for your help as always @qbrozen ! MY friend ended up getting $14K for both FITs (which I didn't know each had a "hit" on their carfax).
2001 Prelude Type SH, 2022 Highlander XLE AWD, 2022 Wrangler Sahara 4Xe, 2023 Toyota Tacoma SR 4WD
'11 GMC Sierra 1500; '08 Charger R/T Daytona; '67 Coronet R/T; '13 Fiat 500c; '20 S90 T6; '22 MB Sprinter 2500 4x4 diesel; '97 Suzuki R Wagon; '96 Opel Astra; '08 Maser QP; '11 Mini Cooper S
He got quotes from quite a few dealers. They all said sticker or $200 off sticker (just because he was taking 2). SO he shopped the trade.
2001 Prelude Type SH, 2022 Highlander XLE AWD, 2022 Wrangler Sahara 4Xe, 2023 Toyota Tacoma SR 4WD
2001 Prelude Type SH, 2022 Highlander XLE AWD, 2022 Wrangler Sahara 4Xe, 2023 Toyota Tacoma SR 4WD
Both exterior and interior are black. Tires are original. No accidents. Located in Ohio. FWD and not the V6. Interior condition is good, mainly used with car seats. Exterior a few dings and scratches but nothing beyond normal wear and tear.
'11 GMC Sierra 1500; '08 Charger R/T Daytona; '67 Coronet R/T; '13 Fiat 500c; '20 S90 T6; '22 MB Sprinter 2500 4x4 diesel; '97 Suzuki R Wagon; '96 Opel Astra; '08 Maser QP; '11 Mini Cooper S
The VIN is 5YJRE1A34A1001157
Also, any idea of what a fair retail value might be?
Thanks
2017 Accord Sport CVT Mod Steel Metallic
what are they asking for it?
For most cars, I’d say $41k, but I have a feeling this would be tough given the rarity. Might need to cough up another $1k.
'11 GMC Sierra 1500; '08 Charger R/T Daytona; '67 Coronet R/T; '13 Fiat 500c; '20 S90 T6; '22 MB Sprinter 2500 4x4 diesel; '97 Suzuki R Wagon; '96 Opel Astra; '08 Maser QP; '11 Mini Cooper S
what are they asking for it?
For most cars, I’d say $41k, but I have a feeling this would be tough given the rarity. Might need to cough up another $1k.
Holy moly - my son is looking at this - they started at just shy of 55k - think theyre down to around 50k right now including shipping from TX to Socal.
2017 Accord Sport CVT Mod Steel Metallic
2017 Accord Sport CVT Mod Steel Metallic