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Honored Contributor
Posts: 25,929
Registered: ‎03-09-2010

Re: Thinking about a new car...

I would look at the carfax and if there is nothing on there I'd buy the used one. It would still have 2 years of warranty on it.

We bought our car on a lease and it will be turned in this december. It is in perfect condition, absolutely spotless and exactly still in brand new condition.Someone will get a really good deal on a very nice car. My DH always drove a company car and got a new one every year so just getting him to keep a car for 3 years is a miracle, and so for him a lease is a good thing but for most people a car is a huge  investtment that needs to be thought out very carefully.

Honored Contributor
Posts: 14,152
Registered: ‎03-09-2010

Re: Thinking about a new car...

Back in the days when our business was more profitable my DH traded cars every 3 years....it was his  splurge, the car he is currently driving is a little over 4 years old...I think we have decided on purchasing the new vehicle, although the used one was just a loaner for the dealership and was in great shape.  The new one has a few more things on it that he really wanted.  We don't lease, for us, it does not seem like a good investment.

Honored Contributor
Posts: 8,235
Registered: ‎03-09-2010

Re: Thinking about a new car...


@Mz iMac wrote:

Do you want the bells & whistles???

 

 

FWIW....

My father has always told us kids growing up, "never buy anyone else's problems."


@Mz iMac, My husband & I both agree on this about used cars!  IMO, if you cannot afford to buy a new car, unless you present car is falling apart, get your current car fixed  ......... I know people say that a new car depreciates when you drive it off the lot, but still, it is a "new" car!  We won't buy used cars!

Respected Contributor
Posts: 2,368
Registered: ‎06-15-2016

Re: Thinking about a new car...

I asked my ds, the car guy. He said usually it's best to buy loaner, but he'd have to know make of car!

Never underestimate the power of kindness.
Honored Contributor
Posts: 9,139
Registered: ‎04-16-2010

Re: Thinking about a new car...

The only place I'll buy a used car is CarMax and I have done so, many times. Fantastic service and if anything goes wrong, they'll fix it ASAP.  OP, as you've said, a car deprecates the second you drive it off the lot so why buy new?

Esteemed Contributor
Posts: 6,287
Registered: ‎01-24-2013

Re: Thinking about a new car...

I've never had a brand new car. Congrats to those who have!!! I have however been lucky with purchasing used cars that were top picks, one a Honda and the other a Subaru. Not one problem with either car.
Honored Contributor
Posts: 20,147
Registered: ‎04-28-2010

Re: Thinking about a new car...

[ Edited ]

Thinking about leasing one of those mini-type of cars (various brands).  Just for driving in and around town, locally. Not for (me) driving on high-speed, major fast-moving hiways/freeways/expressways/etc. Several neighbors around here have been leasing them.  Started out at $99 a month a couple of years ago, on special promotions.  Now they are around $200 per month, from what I've heard.  Love the retro colors now-a-days, too!  Easier to park in the smaller parking spots in shopping centers.   p.s.  (edited)  Yesterday, I ran across a four-door KIA, toned-down lime green.  Nice and high (height), seemed very sturdy.  I believe it's sub-make/name was '"Soul"' or something similar.  I jotted the name down; it's in my car right now.   Yes, it's KIA SOUL.  Very cute.  I don't know the price range or the leasing prices yet, though.

'More or less', 'Right or wrong', 'In general', and 'Just thinking out loud ' (as usual).
Honored Contributor
Posts: 10,168
Registered: ‎03-14-2010

Re: Thinking about a new car...

Check out certified pre-owned vehicles. They have the same warranty as new cars and have been checked out thoroughly.  we have purchased 2 certified used cars and love them. They are slightly more money but well worth it for the peace of mind.

Honored Contributor
Posts: 16,207
Registered: ‎03-11-2010

Re: Thinking about a new car...

I would go for the new. I bought my car new just over 3 yrs ago. It has all the bells & whistles that I still don't know how to use. I hardly go any place so it's still low mileage like almost 10,000. DH has a 2005 PU with about 50,000. I sold my 1991 Dynasty that had around 70,000 miles on it when I bought my Toyota Avalon Limited. We keep our cars for a long time. My Dynasty was 22 yrs old when we sold it. It was still in very good condition. Now DH wants a new truck.

Honored Contributor
Posts: 14,152
Registered: ‎03-09-2010

Re: Thinking about a new car...

We ended up not purchasing the car, sigh.....the salesman called and told my husband that Ford and taken off the $1000 rebate so the car would cost that much more.....husband stood firm and is not willing to pay an extra $1000.00   The car he was looking at is a new 2016.....you would think they would want the 16 models off their lot.