AI meets BFC: Car Buying Thread: No Rentals and No Salvage Titles

The Something Awful Forums > Discussion > Ask/Tell > AI meets BFC: Car Buying Thread: No Rentals and No Salvage Titles

lament.cfg: Dec 28, 2006; we have such posts
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CornHolio posted:

and there isn't even an oil dipstick for you to check your oil.

What the gently caress? Do you just dump in a quart and pray?

# ¿ Oct 15, 2009 18:43

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# ¿ Apr 30, 2024 02:00

lament.cfg: Dec 28, 2006; we have such posts
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skipdogg posted:

Why not? If you can afford it there's nothing wrong with buying a brand new car. The problem is people that can't afford brand new cars go out and buy them.

Everyone here in BFC acts like everyone should have 100 dollar a month food budgets, live off of rice and beans, and drive 1988 beater Honda Civics.

We've yet to see someone who can afford one. Everyone who's told the above needs it.

And leasing is NOT 'being able to afford' a new car.

# ¿ Oct 20, 2009 16:39

lament.cfg: Dec 28, 2006; we have such posts
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Reposting this from the zuarg thread because it belongs here.

Dave Ramsey posted:

A car lease is basically renting a car. You pay $400 a month and at the end of the new car lease, you turn it back in. If you want to buy it, you are buying it for what they estimate at the beginning of the lease to be the market value. At the end of the lease, it�s called the residual value. If you pay $400 a month for 60 months, you pay $24,000 before turning it in. The car will not have gone down in value more than that, because the car companies would lose money if it did. When they get the car back, you will have paid them more than the car has depreciated during that time.

During that time, you�re maintaining the car as if you owned it. You�ll get charged for excessive wear and tear, or if you put too many miles on it. If you rent it for $24,000 and it went down $15,000 in value, then it cost me $9,000 to rent this car for this period of time. That is their profit during that time.

Another thing is that the interest rates on a vehicle lease are not disclosed because the Federal Trade Commission has determined that this is not a debt, so there is no federal disclosure involved. Therefore, you have no truth in lending disclosure sheet. The interest rates you get charged are unbelievably high. That�s where you�ll realize you got screwed over.

People get sold automobile leases because they are told that it�s what sophisticated people do. But as it turns out, the car companies make more money on leasing you the car than if you bought the car with cash, according to the National Auto Dealers Association. Broke people think �how much down and how much a month�. Rich people think �how much�. If you can�t pay cash for a car, then ride a bicycle. But don�t lease a car.

# ¿ Oct 26, 2009 21:30

lament.cfg: Dec 28, 2006; we have such posts
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I know nothing about cars, to preempt everyone calling me stupid.

I have been browsing local Craigslist (near Philadelphia) & local dealers for cars in the 5-6k range, and found the following.

06 Subaru Impreza Wagon, 150k miles, $5900
04 BMW 325xi, 164k miles, $5700
08 Saturn Vue, 79k miles, $5450
03 Mercedes CLK320, 138k miles, $4800
04 Mercedes E320, 140k miles, $4600

Do any of these stand out as a blatant do/don't buy? I have a feeling I know the answer (buy the Subaru or the Saturn), but a very nice looking luxury car for under 6k is appealing to me.

# ¿ Jan 22, 2016 19:14

lament.cfg: Dec 28, 2006; we have such posts
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No Germans.

Saturn sold.

I'm thinking about this Prius, it seems like the best deal locally: http://philadelphia.craigslist.org/cto/5407273831.html

Alternate: http://philadelphia.craigslist.org/cto/5396062014.html
Cons: More mileage, $1500 more
Pros: Fully loaded, etc etc

It looks like the mileage for every '08+ Prius locally is 100k+. How much of an issue is that going to be on a Prius?

lament.cfg fucked around with this message at 03:02 on Jan 24, 2016

# ¿ Jan 24, 2016 02:20

lament.cfg: Dec 28, 2006; we have such posts
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EDIT: Looking through the carfax, the title bounced around a bit and it's kinda suspicious, I'm out for now, nevermind. Might have been flooded during Sandy, based on location and dates. Thanks to everyone on your thoughts though.

lament.cfg fucked around with this message at 20:07 on Jan 24, 2016

# ¿ Jan 24, 2016 19:46

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# ¿ Apr 30, 2024 02:00

lament.cfg: Dec 28, 2006; we have such posts
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Thoughts on an '04 Mazda3 s Hatchback @ 114k mi from a reliability/maintenance standpoint?

# ¿ Jan 28, 2016 03:27

The Something Awful Forums > Discussion > Ask/Tell > AI meets BFC: Car Buying Thread: No Rentals and No Salvage Titles