Reddit buy a car

Unless you're up for a project, no. The reason the car is at auction is most likely because a dealership didn't consider it worth repairing to sell themselves. It most likely has a lot of issues or 1 really expensive one. If you're a capable mechanic you can get a really good deal, if you're not you're going to get a money pit. … Look at what they have on the lot. If they have a lot of high resale value cars on the lot, they're buying the good stuff at acution. If all of their cars are under $10k, with a lot under $5k, move on. 11. Obviously, test drive the car. Drive it at different speeds up to highway speeds. Odds are, the want for a car will turn into a need for a car in a few years, if/when you move and/or start a family. After you pay your loans off, save up 20% as a down payment, and finance the car over 3 years. A Honda civic will be perfect, you will likely not need another car for at least 15 years.Apr 3, 2023 ... Personal experience recently of trying to buy a sub £8k car showed me a lot of dodgy dealers trying to flog dead cars in need of major work. To ... That’s only 20% less than a new car, and you only get 6 years of usable life. So we divide $17,600 by 6 years to get an amortized annual cost of $2,933. The used cam has a higher amortized cost! Now keep in mind that I’m normal times, the used car would be more like 30% to 40% less money, so it would make more sense. Unless you're up for a project, no. The reason the car is at auction is most likely because a dealership didn't consider it worth repairing to sell themselves. It most likely has a lot of issues or 1 really expensive one. If you're a capable mechanic you can get a really good deal, if you're not you're going to get a money pit. …According to NAR’s latest Profile of Buyers and Sellers, 10% of all buyers in 2023 were single males, and 19% were single females. That adds up to nearly 3 out of … 17k+ in cash would do a lot better in a retirement fund or diversified investment IMO. And if you have personal investment opportunities, you really just have to beat the financing rate for it to make sense for you to take a car loan vs. pay in cash. Every time someone says something like this, I wonder. In fact, the lower the resale value the more it makes sense to buy new. For example, let's say the car has a resale value of zero after 10 years. That makes the new car $2,100/year ($21,000 divided by 10) and the used car $ 2,000 per year ($16,000 divided by 8). That's only a difference of $100 a year!If you're 50 with large amounts of debt and no retirement on $80k/year, buy the cheapest car you can. There's an old rule of thumb called the 20/4/10 rule when buying a car. At least 20% down, no more than a 4 year loan, no more than 10% monthly income (gross) on monthly payment.If it is not worth the buy out, do not buy it out just to try to save face. A car is a depreciating asset, whether you buy new or lease new, you will lose money nearly 100% of the time. I would walk away from it at the end of the lease and move on. Your best option to lot lose a bunch of money is to buy a used vehicle.Reddit announced Thursday that it will now allow users to upload NSFW images from desktops in adult communities. Reddit announced Thursday that it will now allow users to upload NS...Real estate is often portrayed as a glamorous profession. Real estate agents, clients and colleagues have posted some hilarious stories on Reddit filled with all the juicy details ...Reddit, often referred to as the “front page of the internet,” is a powerful platform that can provide marketers with a wealth of opportunities to connect with their target audienc...May 6, 2016 ... You buy a new car every 5-6 years to enjoy a new car and not to sell it while it has decent value. During the first 5-6 years, your car loses ...According to NAR’s latest Profile of Buyers and Sellers, 10% of all buyers in 2023 were single males, and 19% were single females. That adds up to nearly 3 out of …Ideally, find brand new. You can find a local dealership selling a reasonable car for MSRP on the lot. 2nd best option is a local dealership that will put you on a wait list for a car at MSRP. On either one, make sure to see the out the door price to make sure that they aren't padding the sale with thousands of dollars of add-ons that …Toyota is worth it! I’m buying one next. Maybe March or April. Depends on car and price. I’ve spent most of my adult life buying cars at 100k or a bit less 10-15k all of them served me well in various capacities. Check out Subaru foresters I think they are the most common car still on the over 150k.r/askcarsales. • 5 yr. ago. pmsst20. Are used cars from Florida a risk to buy? I often see cars for sale from Florida that is usually cheaper than where I am from - even though …Mileage. 3rd generation model (late 2011 and later) To give you an idea of what $6k might buy you elsewhere (in Florida, non-dealers anyway): 2014 (3rd gen) Ford Focus SE, 35K miles $5700. 2011 (2nd gen) Ford Focus, 68k miles $5100. 2013 (3rd gen) Ford Focus SE, 69K $5995. 2012 (3rd gen) Ford Focus, 98k $5995. just use autotrader or cargurus etc, they have good filters and search a combination of carmax and dealership lots, and some private party postings. craigslist is for sub $5k cars imo. Cargurus. I like Autotempest, it’ll search multiple sites for you. Car Gurus and cars.com are good. Not super complicated. Those with good credit can buy new cars for between 0-2% interest rates with $0 down. Never been better to buy new cars if you have good credit. Whether new cars are a waste of money or not will continue to be argued until the end of time. Used cars, probably 2-5% for good borrowers. Buying directly from Enterprise or Hertz cuts out the middle man, your local used car lot/dealership/CarMax. A good 70% (my guess) of carmax is just marked up enterprise cars. That certified preowned at the big dealership came from a wholesale auction wrecked by a Hertz renter...or a new motor cause the previous owner put …Hyundai and Kia had a bad reputation 15 years ago, and that deserves to be wiped away. They're making amazing cars now, with great value and some of the best infotainment systems on the market. Opt for a Sonata with the 1.6T engine (paired to an 8-speed automatic) and you should have everything you want in a sedan.Car salesman, Mostly true, depending on the brand. All brands run monthly targets but not all brands need targets to be hit every month. Generally speaking delivery time is 3-4 days. Please don't wait till the 31st of the month - especially in Feb. True, transporting cars costs the dealership money.Aug 8, 2016 ... Never, ever buy a car without face-to-face contact. eBay car sales are simply (like Craig's list) a way to get sellers and buyers together. You ...Toyota is worth it! I’m buying one next. Maybe March or April. Depends on car and price. I’ve spent most of my adult life buying cars at 100k or a bit less 10-15k all of them served me well in various capacities. Check out Subaru foresters I think they are the most common car still on the over 150k.Frugal Car Buying Guide. Frugal Car Buying Guide: Plenty of people buy brand new cars, make $500+ per month in payments and pay for comprehensive auto insurance (usually about 2x the price of liability only). They buy a 40k pickup truck that is never used for hauling things or a sports car/toy at the cost of imperiling …r/KindVoice will match you up with a volunteer that will listen to you. 7 Cups of Tea has both a free trained volunteer service as well as $150 monthly licensed therapist option. If you are in a crisis and want free help from a live, trained Crisis Counselor, text HOME to 741741.The premium on a new car is nuts. It's unfortunate that life is throwing you this curveball where used car prices are expensive, but it's much better than coming out of grad school during a economic recession like in 2008. Do the math, and for some reason if a new car is less expensive than a used one, then go ahead.Pay for an independent inspection. Call a shop close to the dealership and ask the salesman to drop it off. Pay over the phone for the inspection. If everything looks good it’s time to negotiate. If the dealer won’t move on price then focus on dealer fees, addendums, or the cost of shipping it to you.First time buying a car!! I am looking for a Toyota Corolla. I would love to get a 2023. I was thinking on putting a 6-7k deposit down. I make your average 38k a year. I have a decent …1-Buy a cheap OBD scanner/reader. You don’t need to spend a lot, as they’ll all do what you need here. A bluetooth OBD reader and the TORQ app for you phone seems to be pretty …According to NAR’s latest Profile of Buyers and Sellers, 10% of all buyers in 2023 were single males, and 19% were single females. That adds up to nearly 3 out of …It is quite obviously better to buy it outright with cash. Cars are not assets. They depreciate in value - thus they are liabilities. Wealthy people do not finance liabilities. That would just be stupid. If wealthy people finance anything at all, it is to leverage assets that earn money over time. Cars do not do that.Once flying high on their status as Reddit stocks, these nine penny stocks are falling back towards prior price levels. These Reddit stocks are falling back toward penny-stock pric...If you buy it with no proof it's been done, assume it hasn't and plan for it to be done. Aux belt is less important than timing, but still. Follow the guidelines. Oh, and whatever car you get, get used to its 'normal' behaviour, and when something changes Google it or ask a mechanic - the sooner the better. Edit: oh!But I’m still hesitant on going out and buying a used car with high mileage. Watch the Chrisfix video series on how to buy a used car and get a pre-purchase inspection. Add $150-200 for a pre-purchase inspection. Have a reputable dealership or independent garage check it out for you.Unless you're up for a project, no. The reason the car is at auction is most likely because a dealership didn't consider it worth repairing to sell themselves. It most likely has a lot of issues or 1 really expensive one. If you're a capable mechanic you can get a really good deal, if you're not you're going to get a money pit. …Nissan Rogue (see my comments above about Nissan Kick) Honda HR-V (seems a bit small to me) Volkswagen Tiguan (my first car was a brand new 2003 VW Golf and I had a bad experience and want to just avoid them) Buick Envision. Mazda CX-30. Toyota C-HR (seems small) Ford Escape. Mitsubishi Eclipse. Nissan Pathfinder. They are designed to fail in a specific manner and pattern that maximizes occupant safety and minimizes energy transfer from the accident to the passenger compartment. They are, by and large, incredibly safe. When one is wrecked and repaired there is a specific manner the repairs are supposed to be made. Jan-Feb has some "holdover" incentives from December (which is usually the best month). Some time around March-Apr-June, people get their tax returns and demand for new cars go up, so fewer discounts. July-Aug-Sept, everything holds steady. Oct-Nov-Dec, dealerships start trying to get rid of previous year models and to pad …Feb 25, 2023 ... Generally speaking it is less expensive over time to buy a used car and maintain it than to buy a new car, even with a warranty. But one lousy ...If it is not worth the buy out, do not buy it out just to try to save face. A car is a depreciating asset, whether you buy new or lease new, you will lose money nearly 100% of the time. I would walk away from it at the end of the lease and move on. Your best option to lot lose a bunch of money is to buy a used vehicle.Reply reply. [deleted] •. Cash means to pay it outright to them, no financing by them, not necessarily [hundred] dollar bills. One could argue, you can finance through your bank or credit union and it still looks like a cash transaction to them... that is, the car is 100% paid off from their perspective. Reply reply.CarGurus: most effective due to wider search area. Frequent alerts, more specific search criteria (trim, features). Definitely my #1. Found my car there 3 hrs drive away and bough it. Cars.com did not have as many results as cargurus, I did not find it effective, so stopped using after couple weeks.Reddit is a popular social media platform that has gained immense popularity over the years. With millions of active users, it is an excellent platform for promoting your website a...In today’s digital age, having a strong online presence is crucial for the success of any website. With millions of users and a vast variety of communities, Reddit has emerged as o...Step 1: do research. find a car you like. Step 2: use a couple sources (KBB, Carfax, cargurus, whatever there's hundreds of sources out there for this) and determine what you are willing to pay. Step 3: call/submit online to dealership. set up an appointment. Step 4: show up, test drive car, make sure you like …once a price is agreed upon go with the seller to your local DOL to finalize the sale. Have a cashiers check or cash and go into the DOL with the seller to hand over the title and get everything transferred to your name ON THE SPOT-WITH THE OWNER. This way you know it’s all legit and done.Shop S-Mart. Edit: The bestest cheapest way to own any car is to treat the machinery gently. Drive it like you want it to last, and stay on top of fluids, especially engine oil. Any machine, especially a vehicle, will last much longer with far fewer repairs if you drive gently. Good luck. Buying directly from Enterprise or Hertz cuts out the middle man, your local used car lot/dealership/CarMax. A good 70% (my guess) of carmax is just marked up enterprise cars. That certified preowned at the big dealership came from a wholesale auction wrecked by a Hertz renter...or a new motor cause the previous owner put gas in the diesel tank ... This will allow you to have the "cash" and will allow you to set a walk out price for the car. Then in the financing part you can use that to get an even better deal on financing. If they can't beat it, you to with the one you brought. dissectingAAA • 6 yr. ago. Check out r/askcarsales. There is a wiki/faq.Reply reply. agreeingstorm9. •. Now is an awful time to buy a car. If you do not absolutely NEED a car right now, you should not be buying one right now. By need I mean, you buy one or your walk type need. Not "my car is 10 yrs old and I need something newer that looks nicer" type need. Reply reply. _Celatid_.If you're 50 with large amounts of debt and no retirement on $80k/year, buy the cheapest car you can. There's an old rule of thumb called the 20/4/10 rule when buying a car. At least 20% down, no more than a 4 year loan, no more than 10% monthly income (gross) on monthly payment.Purchased a 1988 Honda civic in in 1995. Once the decision was made the owner produced pictures of the car showing the entire rear end was replaced and it had a salvage title. I purchased it for $2400. I drove the car for 2 years, and my sister drove it to school for four years. Got $1000 for it as a trade in.Oct 16, 2023 ... If "parts for a lifetime" is your top priority, get a base-level Civic or Corolla. The Earth will be engulfed by the sun before junkyards run ...Don’t: Only Look at the Payment. Many buyers focus only on the monthly payment, but that’s a bad way to buy a new car. Instead, look at the total cost, including interest payments and other fees over the life of the loan. It’s simply not worth saving that $20 per month if it means making payments for another year.r/KindVoice will match you up with a volunteer that will listen to you. 7 Cups of Tea has both a free trained volunteer service as well as $150 monthly licensed therapist option. If you are in a crisis and want free help from a live, trained Crisis Counselor, text HOME to 741741.Buying a new car is stupid. One of my friends just bought a new car a few months ago. A 2020 Mustang. And while it is pretty cool, or at least as cool as modern cars can get, I think it's the dumbest thing he's ever done. This guy is in his early 20s making $15 an hour and living with his parents.Reddit has raised a new funding round, totaling $250 million. This is the company’s Series E round of financing, and it comes hot on the heels of renewed public attention on the si...r/askcarsales. • 3 yr. ago. lfsmredd. Buying car in FL. How did you find your car you bought last year? Are you familiar with HGreg - rip off fine print or good deals? Looking …Do: Research Your Purchase. Don't: Go to a Dealership Without Already Having a Financing Offer. Do: Talk to Your Insurance Agent Before You Buy. Don’t: Start … Subaru with a salvage title. There’s an auto body place near me that buys cars that have been totaled, fixes them, passes the salvage inspection from state police agency then sells car. They’ve been doing this 15 years. They have a 2018 Outback with 42000 miles for $19500. It seems pretty great to me. Took the car for a 24-hour test drive and asked my neighbor (a car mechanic) to inspect the car for any obvious issues. Maybe not as thorough as a PPI at a shop, but it gave me peace of mind. Besides one or two minor repairs, everything looked good. Took the car to a Lexus dealership for a post-purchase inspection as soon …Ideally, find brand new. You can find a local dealership selling a reasonable car for MSRP on the lot. 2nd best option is a local dealership that will put you on a wait list for a car at MSRP. On either one, make sure to see the out the door price to make sure that they aren't padding the sale with thousands of dollars of add-ons that …Reddit, often referred to as the “front page of the internet,” is a powerful platform that can provide marketers with a wealth of opportunities to connect with their target audienc...Supply chain during Covid means 7.9M fewer cars were produced in '20-22 vs. steady state of 2019 (~17M cars sold). That's about 16% fewer cars. Not sure how 2023 is trending but it's probably not back to the old days.Mar 15, 2020 ... Working your deal, a lease where someone pulled the wrong rebates, a cash deal from four states over, a customer on line one that bought last ...In the past I was told the best place to buy used cars cheap was San Jose, Ca. This was told to me by a friend that owned a body shop. He occasionally had to buy a old car just to get a body panel for a repair. Many used car dealers buy them at auction. Back in 1998 I bought a 1994 Ford Bronco at a govt auction for $800, it was used …Your friend is taking WAY more risk than you are. This is the type of stuff that ruins friendships but hopefully that won’t happen. Everyone goes into these things with good intentions but a lot can happen in 18 months (you can wreck the car, fall on hard times and can’t pay for a month or two or three, etc).In the current market, car dealerships are generally not offering discounts due to shortages and high demand. Test driving new cars, especially popular models, can be challenging. Consider inquiring about upcoming inventory or test driving used models. Negotiating on accessories can help save money. Be cautious when …Shaax-. •. People recommend the 20/4/10 rule. Only buy a car if you can afford 20% down, If financing do it for 48 months or less to stay ahead of the depreciation curve, and make sure the cost of owning it is less than 10% of your gross monthly income. Seems like a good rule to follow.If you think that scandalous, mean-spirited or downright bizarre final wills are only things you see in crazy movies, then think again. It turns out that real people who want to ma...Yes, 100k is not high mileage and is a myth put in place from dealerships to get you to buy new cars. A toyota avalon with proper maintenance will last upwards of 250k miles. Can confirm. Our 2005 Avalon, bought with 70k on it, last till 175k, when we sold it for a healthy chunk of change to buy a 4Runner.I saved about 25% over the price of a clean title car, though resale will be tough. The second is a classic Jaguar that hit a delivery truck with a high rear bumper, which destroyed the front grill, hood and front fenders and headlights. Once again, new parts from Jaguar are obscenely expensive, but used ones are everywhere and …Apr 21, 2023 ... People on Facebook market is ok if you know what you're looking for but if I'm guessing right most won't allow you to get it inspected or they'&nbs... 17k+ in cash would do a lot better in a retirement fund or diversified investment IMO. And if you have personal investment opportunities, you really just have to beat the financing rate for it to make sense for you to take a car loan vs. pay in cash. Every time someone says something like this, I wonder. About Community. Buying a new or used car is more stressful then going to the dentist. When you use the Internet to gather information about the car buying process finding a vehicle and negotiating the best deal gets a lot easier. Created Jan 10, 2014. Restricted.Jan 8, 2018 ... I particularly prefer to buy from a private owner because almost all dealers that I go to search a car always have a crap and very much ...If it is not worth the buy out, do not buy it out just to try to save face. A car is a depreciating asset, whether you buy new or lease new, you will lose money nearly 100% of the time. I would walk away from it at the end of the lease and move on. Your best option to lot lose a bunch of money is to buy a used vehicle.Apr 3, 2023 ... Personal experience recently of trying to buy a sub £8k car showed me a lot of dodgy dealers trying to flog dead cars in need of major work. To ...Option 3 - Buy it new, like a boss! Same $37,000 sale price, same $5000 down payment, but a sweet interest rate of 1% on a 5 year loan! Monthly payment is $547. Option 4 - Keep old faithful and do the maintenance! Let's estimate high and say your car will take an average of $1500 per year to maintain ($115 per month).Nov 7, 2023 ... have you left the bay area to buy a car? A search on autotrader for used EVs shows that they're way more expensive here in the bay area. Going ...Nov 3, 2022 ... Looking to buy my first new car, when is the best time to buy? · Wait times are around 2-6 months. · Most units are more than likely pre-sold ...Looking to buy a new car because of a second child Location: Belgium (Europe) Price range: Max 25.000 euros (looking between 20 and 25K) will trade in current car Lease or Buy: Buy New or used: Used (but on the newer side - 2020 and newer) Type of vehicle: car/sedan Must haves: Trunk space, smooth riding , comfortFirst, check your credit score, so that you know what it actually is. There is no point in speculating. Second, do not finance a used car if you can help it. Reputable entities do not give loans on such old cars. You will be stuck paying a high rate to borrow. For such a cheap car, the best thing is to pay cash.Plus interest rates are often much better on new vehicles. And a new vehicle will have the warranty (or at least a longer warranty), likely require less maintenance, and be less risky than buying used. It may also be easier to get exactly what you want when buying new (options, colors, etc). 18.These aren’t gospel, but a guide to the cars history. Get Pre-approved at your local credit union for a total dollar amount at X rate. Have a mechanic you trust lined up to do a PPI for the vehicle you choose. Call the dealership. Ask for an appointment to see the vehicle. Do NOT let someone do a four square on you.Aug 8, 2016 ... Never, ever buy a car without face-to-face contact. eBay car sales are simply (like Craig's list) a way to get sellers and buyers together. You ... That’s only 20% less than a new car, and you only get 6 years of usable life. So we divide $17,600 by 6 years to get an amortized annual cost of $2,933. The used cam has a higher amortized cost! Now keep in mind that I’m normal times, the used car would be more like 30% to 40% less money, so it would make more sense. Right now, buying at the end of the month doesn’t matter. Old world, maybe. My experience was yes. Bought a 4 door wrangler for the price of a 2 door because the salesman needed that unit, the 4 door price was outside of my range, but the 2 door was in my range... and it was 7:30PM. New world, no chance.And until new car inventory is able to meet demand, new cars are a better deal. This is more a personal preference than it is a finance question. You've run the numbers, you make $120k, and a $30k car is 25% of your gross annual salary. It falls right in line with the general recommendations I've always seen.So I'm not sure if it would make sense to buy a car when I'm looking to stay for only 2 more years. Looked at lease, but most lease options are 36mos.+. Not sure what I should do. … r/Cars is the largest automotive enthusiast community on the Internet. We're Reddit's central hub for vehicle-related discussion, industry news, reviews, projects, DIY guides, advice, stories, and more. You arrange the sale via ebay, but payment happens outside of ebay, they don't charge a percentage for cars, just a flat fee. I had some people that I trust check out the car, and once they told me to go ahead, I sent a wire transfer, and had the car shipped. It worked out great. Bentley-Benz. • 6 yr. ago.Purchased a 1988 Honda civic in in 1995. Once the decision was made the owner produced pictures of the car showing the entire rear end was replaced and it had a salvage title. I purchased it for $2400. I drove the car for 2 years, and my sister drove it to school for four years. Got $1000 for it as a trade in. First they learned to check the market before pricing out a car and to keep adjusting pricing of unsold cars to match the market rate. Next evolution was introduction of software services that do that for dealers. They use it when they take cars in trade or buy them at auctions, when they price cars, when they adjust prices to move aged inventory. Hyundai and Kia had a bad reputation 15 years ago, and that deserves to be wiped away. They're making amazing cars now, with great value and some of the best infotainment systems on the market. Opt for a Sonata with the 1.6T engine (paired to an 8-speed automatic) and you should have everything you want in a sedan.Here's a case study: This BMW says it has "Executive Package". It doesn't. You can look up a BMW's exact build by adding it to BMW's online "My Garage" even if you don't own it. It reveals in fact, that CarGuru's entire list of "Options" for this car is almost all wrong: Adaptive Suspension - Standard, not an option.Jul 28, 2023 ... They do have a 2017 Honda accord LX with 62,253 miles for 20,995 which is also a bit above my price range but if it's better I'll figure it out.1. imaelohssa. • 7 yr. ago. As long as you purchase the vehicle with no lien this is easy. As soon as you receive the title, have the title reissued with you as the owner. Then "sell" the car for $1.00 with a Bill of Sale to your sister. Now have her re title the vehicle in her name. -1.Reply reply. [deleted] •. Cash means to pay it outright to them, no financing by them, not necessarily [hundred] dollar bills. One could argue, you can finance through your bank or credit union and it still looks like a cash transaction to them... that is, the car is 100% paid off from their perspective. Reply reply.The Prius has been reported to be the most reliable car in the north American market for at least the past ten years. (mine has ~340'000km/~215'000 miles) While EVs do have less moving parts than their ICE counterpart, they still have fluids (coolant, brake fluid, refrigerant). Reply reply. joecooool418.Howdy, folks. I’m in the market for a $10k-$14k used car. My get-through-law-school car finally crapped out on me about 8 months too soon. In August 2021, I’ll be starting a job making $100k, but right now all I have is excellent credit (760+), an employment agreement, and paystubs from my good-paying internship over the … | Cwrpddedo (article) | Miksxml.