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So much for the "Buying a used car is better than buying new".

HS Lifter

New member
Been heavily researching for a car, and it's not really worth buying used.

For example:

A 2000 Toyota Celica GT with about 60K miles goes for about 10K.(Atleast on socal).

Now, you can get a 2006 Scion TC Brand new for 17K.

That extra 7K buys:

1. 60K less miles(huge difference).

2. Warranty(used you get jack).

3. A car that is 6 years newer( More powerfull as well).

4. Security (You don't have to worry about how the used car was maintained, hard to put a price on this).

5. New Car financing rates.


Anyway, the above scenario is present with all Jap cars. It's not worth buying used with a jap car.

So now Im stuck in a dilema, I can't really afford a new car( Well, with financing I can, but I don't want to be stuck with a car payment for the next 5 years.... at this point in my life) but at the same time, buying used is not worth it.
 
I'n my opinion its always better to go new.

I got a new car in 1999.

It has 71K miles on it now and runs perfectly, still looks good. I know the exact condition it is in because I am the only owner and handle all repairs, oil changes, etc.

Used cars = you taking care of problems resulting from OTHER people's wear and tear, who wants that shit?

The first year in a car is fucking awesome, new car smell, not a thing wrong, enjoy it man.
 
Lestat said:
I'n my opinion its always better to go new.

I got a new car in 1999.

It has 71K miles on it now and runs perfectly, still looks good. I know the exact condition it is in because I am the only owner and handle all repairs, oil changes, etc.

Used cars = you taking care of problems resulting from OTHER people's wear and tear, who wants that shit?

The first year in a car is fucking awesome, new car smell, not a thing wrong, enjoy it man.

Totally agree. But like I said, still have this "financial" dilema.
 
dude finance it, I did. I paid it off early and saved some money, but I didn't have 22K to chunk down at the time. I was 22 years old Finance it bro.
 
Lestat said:
dude finance it, I did. I paid it off early and saved some money, but I didn't have 22K to chunk down at the time. I was 22 years old Finance it bro.

Yeah, I think Im just going to say "fuck it", take out a loan be done with it. So, looks like I will be giving myself a nice 21st b-day present. lol
 
go for it bro, you wont end up regretting it
 
Buy a car one year old. You don't pay the outrageous "new car" price embellishment.

10k more, but you save thousands less. And with less of a price, there's LESS to borrow and thus pay interest on.

I once bought a car 1 year old, and paid only 1/3'rd less of a price than the new one. Muchos savings (not to mention ins and property tax).
 
Buy a car thats 10 years old. Sure its got high miles and may cause a headache here and there but it only cost 3g and you will have all the extra money cause theres no way your gonna spend 300$/month on it if you know what to look for when buying
 
i Bought a pre owned BMW with a 100,000 mile warranty on it....car is a little over a year old..fully loaded and only had 9,000 miles on it...so the sticker on the car was 49K$ and i paid allot less than that....so I make out like a bandit...why buy new when you couldnt tell the difference if you saw my car.
 
im in the same spot...though i would consider ex fleet if i were you. 61k miles is too much, around here ex fleet cars attract similar discounts, but only have about 22k miles on them, so its ok
 
The average new car will only hold about 35% of it's original value after five years.

Yeah buying new is the way to go alright.
 
If I was a baller like MTS then I could justify a new car but it's down right retarded to buy something new and get hit with a few thousand dollar depreciation the moment you drive it off the lot.

Buying a year old is a good way to go. Many cars have a certified pre-owned program and others that don't usually have a bumper to bumper warranty from the manufacturer that will last a couple of years.

And don't let them sucker you in with the financing, the last place you want to be is upside down on a car.


Pitbull is the man to talk to about this.
 
I will never buy a new car again. I have a 2000 Escalade, a 2003 CLK Mercedes, and a 2001 Audi A4. I bought them all off 24 month leases with 100,000 mile warranty...saved 20k on the Escalade, and about the same on the Mercedes..

I am getting ready to trade the Caddy on another one 2004 coming off a lease...no way to beat the dealeo on these....
 
most people will be better off financailly in the future than they are now..yes there are unforseen events but assuming you can afford to pay "x" dollars now you shouldnt have any trouble paying the same amount 2 years from now
 
HS Lifter said:
Been heavily researching for a car, and it's not really worth buying used.

For example:

A 2000 Toyota Celica GT with about 60K miles goes for about 10K.(Atleast on socal).

Now, you can get a 2006 Scion TC Brand new for 17K.

That extra 7K buys:

1. 60K less miles(huge difference).

2. Warranty(used you get jack).

3. A car that is 6 years newer( More powerfull as well).

4. Security (You don't have to worry about how the used car was maintained, hard to put a price on this).

5. New Car financing rates.


Anyway, the above scenario is present with all Jap cars. It's not worth buying used with a jap car.

So now Im stuck in a dilema, I can't really afford a new car( Well, with financing I can, but I don't want to be stuck with a car payment for the next 5 years.... at this point in my life) but at the same time, buying used is not worth it.

Used car is an option for models that are either rare or are like 7-8 years+ old. For example you take a Civic 95, they go for 2-3k here. Insurance is dirt cheap because since you only insure for civil liability, so it's like 200-300$ a year.
 
HS Lifter said:
4. Security (You don't have to worry about how the used car was maintained, hard to put a price on this).

Look around and find one some old person is wanting to sell. 99% of the time they drove it very kindly and also they change oil etc like every 2000 miles.

I had a friend that found a mustang 4 years old with only 15K miles on it. Oilchange records every 2500 miles. Got it for a steal too.

Look around for one owned by an old person bro. It would be worth the effort.
 
HS Lifter said:
Been heavily researching for a car, and it's not really worth buying used.

For example:

A 2000 Toyota Celica GT with about 60K miles goes for about 10K.(Atleast on socal).

Now, you can get a 2006 Scion TC Brand new for 17K.

That extra 7K buys:

1. 60K less miles(huge difference).

2. Warranty(used you get jack).

3. A car that is 6 years newer( More powerfull as well).

4. Security (You don't have to worry about how the used car was maintained, hard to put a price on this).

5. New Car financing rates.


Anyway, the above scenario is present with all Jap cars. It's not worth buying used with a jap car.

So now Im stuck in a dilema, I can't really afford a new car( Well, with financing I can, but I don't want to be stuck with a car payment for the next 5 years.... at this point in my life) but at the same time, buying used is not worth it.


I think saying "Jap" is bad car karma.
 
Cars are one of the biggest necessary drains on a person's wallet in our society today. Drive a $30,000 off the lot, put it in park and it's worth thousands less resale value. Aside from computers and other consumer electronics, nothing depreciates faster than an automobile, and considering their high cost they're a crestfallen investment at best. Unless of course you're the type that restores old classics and lives south of the 35th parallel. It's a lot harder to find a good used car than new with all the perks, obviously, but if you do a little bit of research you can get a near new quality car for a lot less $$.


On a side note, I'll need a new car soon. :clock:
 
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