Car Debate: Old & Cheap or Newer & Costs a Bit More

This is a discussion on Car Debate: Old & Cheap or Newer & Costs a Bit More within the Off Topic & Humor Discussion forums, part of the The Back Porch category; If you do decide to buy new, try to get the vehicle through the dealership's fleet dealer. These are the guys who sells cars and ...

Page 2 of 2 FirstFirst 12
Results 16 to 30 of 30

Thread: Car Debate: Old & Cheap or Newer & Costs a Bit More

  1. #16
    VIP Member Array aus71383's Avatar
    Join Date
    Jan 2007
    Location
    WA
    Posts
    2,543
    If you do decide to buy new, try to get the vehicle through the dealership's fleet dealer. These are the guys who sells cars and trucks in bulk to companies to be used for company cars, work trucks, etc.. If you can get the vehicle through the fleet dealer you will likely get a fair deal. My truck's MSRP was $31,000 and the fleet dealer was able to get it for me for $26,000 - now two years later if I wanted to sell it (I don't) I could get all my money back easily.

    Austin

  2. Remove Ads

  3. #17
    Member Array ScoobaSteve's Avatar
    Join Date
    Jul 2008
    Location
    Roswell, NM
    Posts
    33
    I just went through this same dilemma. I've always thought it smart to get a lease return honda or nissan, which is what I did for my last couple of vehicles. Low mileage, generally well maintained, and a good break on price. But then I find myself at 35 as the CFO of a petroleum company and I've never had a new car, so I just bit the bullet this time and bought new with all the bells and whistles. I've got to say I dont have a bit of regret!

  4. #18
    VIP Member Array Kerbouchard's Avatar
    Join Date
    Dec 2007
    Location
    Texas
    Posts
    2,894
    I went with the old and cheap. Paid cash and have never looked back. Turns out, I hate making car payments on something that isn't worth what I owe on it.

    The other reason for old and cheap is that with the breakthroughs they are making, in another 5 years or so, the options of new, affordable vehicles that get great gas mileage will be much better.

    I'll drive my 01 Saturn that gets 35 mpg for another 5 years or so, until one of the manufacturers figures out how to get 50+ mpg in an affordable package. Just my .02.
    There are two sides to every issue: one side is right and the other is wrong, but the middle is always evil.

    http://miscmusings.townhall.com/

    Who is John Galt?

  5. #19
    Administrator
    Array SIXTO's Avatar
    Join Date
    Oct 2006
    Location
    Ohio
    Posts
    19,631
    Quote Originally Posted by Kerbouchard View Post

    I'll drive my 01 Saturn that gets 35 mpg for another 5 years or so, until one of the manufacturers figures out how to get 50+ mpg in an affordable package. Just my .02.
    They havefigured that out years ago, but affordable doesnt mean profitable.
    "Just blame Sixto"

  6. #20
    VIP Member Array HKinNY's Avatar
    Join Date
    Dec 2007
    Location
    Nassau, NY(Long Island)
    Posts
    2,855
    Quote Originally Posted by aus71383 View Post
    If you do decide to buy new, try to get the vehicle through the dealership's fleet dealer. These are the guys who sells cars and trucks in bulk to companies to be used for company cars, work trucks, etc.. If you can get the vehicle through the fleet dealer you will likely get a fair deal. My truck's MSRP was $31,000 and the fleet dealer was able to get it for me for $26,000 - now two years later if I wanted to sell it (I don't) I could get all my money back easily.

    Austin
    As some of you know I own a car rental company here in NY and I only buy used vehicles that were sold new to the major rental company and ran for 15-20k miles and for about 8-12 months. The only way to go. Stop by a several major car rental companies and ask what do they have for sale. SUV rentals are way of so they may be looking to unload one at their cost. You save.

  7. #21
    Senior Member Array McPatrickClan's Avatar
    Join Date
    Aug 2007
    Location
    East of Ft. Worth, Texas
    Posts
    612
    Quote Originally Posted by Kerbouchard View Post
    I went with the old and cheap. Paid cash and have never looked back. Turns out, I hate making car payments on something that isn't worth what I owe on it.

    The other reason for old and cheap is that with the breakthroughs they are making, in another 5 years or so, the options of new, affordable vehicles that get great gas mileage will be much better.

    I'll drive my 01 Saturn that gets 35 mpg for another 5 years or so, until one of the manufacturers figures out how to get 50+ mpg in an affordable package. Just my .02.
    Did you buy the car used? If yes, how many miles?

  8. #22
    Senior Member Array ICTsnub's Avatar
    Join Date
    May 2007
    Location
    Kansas
    Posts
    911
    Quote Originally Posted by aus71383 View Post
    If you do decide to buy new, try to get the vehicle through the dealership's fleet dealer. These are the guys who sells cars and trucks in bulk to companies to be used for company cars, work trucks, etc.. If you can get the vehicle through the fleet dealer you will likely get a fair deal. My truck's MSRP was $31,000 and the fleet dealer was able to get it for me for $26,000 - now two years later if I wanted to sell it (I don't) I could get all my money back easily.

    Austin
    Right now, a $31000 F150 has $7500 in rebates, and that is still selling the truck at full sticker. New truck discounts have caused used truck prices to collapse. If a new $31000 truck can be bought for around $23000, where do you have to price a similar two year old truck to make sense? Brand doesn't matter, all the makers have slashed prices. Ford won't sell fleet without an account, and there are no rebates for fleet, so that option is out. Right now is a great time to buy new trucks or suv, or a 100k mile trade in, the stuff in the middle is kind of the orphan. The only thing that would scare me about a 100k mile Expedition is that the easiest way to change the head gaskets is to take the body off the frame. I stand by a basic 02 and up Explorer as a great buy.

  9. #23
    Member Array MnemonicMonkey's Avatar
    Join Date
    Oct 2006
    Location
    Indiana
    Posts
    172
    I have a '00 F250 with 196K and just recently had to put about $800 in new brakes and suspension parts on (pulling trailers takes it's toll.) But it's paid for and set for the next 100,000 miles.

    My wife has a '01 4runner we bought with 71k on it that's now up to 127k, and the closest thing I've had to repairs on it are burnt out bulbs. Again, paid for.

    All that to say. . . my dad insists that mom has a new "reliable" vehicle. I had to bite my tongue hard when I picked him up from the dealer after their Suburban blew a transmission at 14,000 miles!!! (They're probably still upside-down in it.)

    The thing is, all mechanical things are prone to failure. They all require maintenance. In my experience, it's most economical to run cars roughly 3-10 years old. Newer than that, and they're still depreciating steeply, older ones start having problems with seals deteriorating, etc. And learning to do some maintenance yourself can save you quite a bit. I figure without spending $300 a month on payments, I can afford to put $800 into it every couple of years.
    "Lord, help me to be the person my dog thinks I am."

  10. #24
    VIP Member Array Kerbouchard's Avatar
    Join Date
    Dec 2007
    Location
    Texas
    Posts
    2,894
    Quote Originally Posted by McPatrickClan View Post
    Did you buy the car used? If yes, how many miles?
    I bought an 01 Saturn in 2005 with about 60K on it for right around 5K cash. It now has about 130K on it and the only thing I have ever had to do to it is change the oil and fix a tire.
    There are two sides to every issue: one side is right and the other is wrong, but the middle is always evil.

    http://miscmusings.townhall.com/

    Who is John Galt?

  11. #25
    Distinguished Member Array Agave's Avatar
    Join Date
    Oct 2007
    Location
    West Tennessee
    Posts
    1,464
    Get a ten-year-old Camry or Corolla with 100k miles on it. It's still got another 200k.
    The preceding post may contain sarcasm; it's just better that way. However, it is still intended with construction and with the Love of my L-rd Y'shua.

    NRA Certified Pistol Instructor, Tennessee Certified Instructor

  12. #26
    VIP Member Array farronwolf's Avatar
    Join Date
    Aug 2006
    Location
    Texas
    Posts
    4,766
    The last 3 vehicles we have bought were all used. Two from autotrader, 1 from ebay.

    Got a 2 year old Chevy Astro Regency Conversion with 32,000 miles on it from Irving for $11,000 about $15,000 less than new.

    Got my Jeep with about 55,000 miles on it from Plano for $9,000 probably 10,000 less than when it was new.

    Both through Autotrader, since the DFW area has many more to choose from than here in ETexas. Both of them were all fees included in the final deal.

    The motorhome was from Ebay, and I don't know if I would do that again or not.

    I guess my point is that you don't have to get a car that is over 100k miles on it an put your loved ones in something your not completely confident in, or pay top dollar for something new. You can go someplace in between. If you aren't dead set on a particular model, do your research find one that is rated good in safety and mechanical, but my not be a hot market item. Those are the ones your going to save the most on.

    If maintained properly, most autos today will run a couple of hundred thousand miles without any major mechanical problems. My wifes truck is 21 years old now, she bought it new before we got married, and I wouldn't hesitate to drive it across the country. Then again it only has 88,000 miles on it and she will not get rid of it.

    Good luck with your search, at least you live close to where there is a large number of vehicles to choose from.
    Just remember that shot placement is much more important with what you carry than how big a bang you get with each trigger pull.
    www.ddchl.com
    Texas CHL Instructor
    Texas Hunter Education Instructor
    NRA Instructor

  13. #27
    Senior Member Array Juggernaut's Avatar
    Join Date
    Apr 2007
    Location
    Virginia, USA
    Posts
    569
    Having been at both ends of the stick, a used imported car with a manual transmission with all the paperwork supporting the maintenance is THE way to go. My next car is going to be a carbureted Honda just to beat around in. I have a pickup because having one is pretty much mandatory if you ride a motorcycle and that is the first and the last new vehicle I buy.
    Late '90s accords would be ideal for a growing family. Plenty of room, good gas mileage, excellent reliability. Just stay on top of the maintenance, don't ignore "funny noises", and a car should last you a lifetime.
    Vis consili expers mole ruit sua.
    -Horace

  14. #28
    Senior Member Array luvmyglock's Avatar
    Join Date
    Jan 2007
    Location
    Washington
    Posts
    636
    I am looking at buying a 1988 Nissan Sentra just for the winter, to get me to work and back since I can't ride the motorcycle in WA winter. It has 130,000 Miles, and it is a one owner car. This lady bought it new, and has all the maintenance records for it. The price? $500.
    EVIL PREVAILS WHEN GOOD MEN FAIL TO ACT.

  15. #29
    Distinguished Member Array Gunnutty's Avatar
    Join Date
    Jan 2006
    Location
    Arkansas
    Posts
    1,507
    Quote Originally Posted by luvmyglock View Post
    I am looking at buying a 1988 Nissan Sentra just for the winter, to get me to work and back since I can't ride the motorcycle in WA winter. It has 130,000 Miles, and it is a one owner car. This lady bought it new, and has all the maintenance records for it. The price? $500.
    Good deal. Drive it a couple of years and get your money back.
    We will be much better off when we learn to deal with things as they really are, instead of how we wish them to be!

  16. #30
    VIP Member Array Sheldon J's Avatar
    Join Date
    Dec 2004
    Location
    Battle Creek, Mi.
    Posts
    2,285
    Most people get rid of a car because it became too much trouble to maintain. However if you go for used look at cars that are just off a two year lease, they often have warranties, are up to snuff or the lessee has to pay to have it fixed, n they are limited on the miles yhey can put on it while under contract.
    "The sword dose not cause the murder, and the maker of the sword dose not bear sin" Rabbi Solomon ben Isaac 11th century

Page 2 of 2 FirstFirst 12

Links

Posting Permissions

  • You may not post new threads
  • You may not post replies
  • You may not post attachments
  • You may not edit your posts
  •  

Similar Threads

  1. Hold at All Costs: Outpost Harry and a true Hero
    By pgrass101 in forum Law Enforcement, Military & Homeland Security Discussion
    Replies: 7
    Last Post: June 11th, 2010, 03:49 PM
  2. How much have you spent? Practice Ammo / Range Costs
    By Thanis in forum Concealed Carry Issues & Discussions
    Replies: 33
    Last Post: September 8th, 2008, 08:58 AM
  3. Chart for Reloading Costs
    By cvhoss in forum Reloading
    Replies: 34
    Last Post: May 11th, 2008, 10:05 AM
  4. Shooting Range Membership Costs
    By FortyFive in forum General Firearm Discussion
    Replies: 53
    Last Post: May 21st, 2006, 08:55 PM

Search tags for this page

car debate topics

Click on a term to search for related topics.