Buying a car in this market reddit. Hi, im from leyte and i wanted to get a car.

Buying a car in this market reddit Sold it 2 years later with 90K on it for 11Grand. He only had the expected repairs/replacements during that time (tires, oil change etc. The other way is for the dealer to keep your car. ignore all interior/exterior protection packages. If you’re looking for a Hyundai, new port richey sells at msrp. Set aside $1000-$3000 (so $3000 lol) to get a car safetied. If I sell you a ~$30k Kona N-Line at MSRP we lose around $600 to sell you the car. I bought a 2020 VW Gti in the states brand new and it was great but no payment is better. 3% for a total of 9. Go in and offer a mechanic 150 usd to ride around with you for an hour or two and have him look at the cars and give an honest opinion if it’s in okay condition. Capital markets are pretty robust for vehicles so I always take advantage of it. The minute you drive a car off the lot, it depreciates the quickest. Keep in mind that the old system was bloated and unsustainable. If you find a car that you think is worth buying and you can bid it for at least 2 to 3 times cheaper than on a market (all it takes is to clean it and max change a cheap part)(you also have to count in a hammer price plus shipping costs), you can buy It and quickly sell below average market value. I'll be living in San Francisco. aiming to bring Reddit's attention to the significance of our concerns regarding the recently implemented API changes. Discuss Cars in India and other automobile news here. Its not a dice roll. As we all understand the used car market, where cars that are worth between 3 to 5K are worth between 8 to 12 K and 8 to 12 K are between 18 to 22k and so forth. I have said this once and I'll say it again - if you're on reddit r/askcarsales asking about whether or not buying a car from Copart is a good move, you're in absolutely Was in the market for a new car and prior to heading to the dealership, I searched for some advice on what the 'new-car buying experience' was like these days with all the shortages & general market craziness (e. As people have mentioned, dealer fees can be high, but I was able to get my car for $10500 after taxes and fees. Also keep this in mind: cars are a fairly liquid market. If it was a 1000 pound car and I needed it for local banger job then I might considered risking it. 15x more in CAD versus comparable US market models in USD regardless of actual exchange rate. However, given the insanity of the used car market, I'm wondering if it makes more sense to buy new. 2. The used car market it hot af. it's soo much better than the lxs, it's a great looking well built little car. I’m a CDJR dealer, but I’d do this. But now I'm commuting 130km a day, and my current Volvo is 10. 24 votes, 72 comments. most known name you've probably heard of is "TUV" from Germany or "MOT" from England. I bought a new car for the first time last year. Though, I feel like I had to become a professional to buy a reasonable car for a reasonable price. I bought my Kia from Murray Kia because all of the dealers near me in NJ tacked on a BS adjusted market value fee onto the price of the car. You can buy it at an Autohaus which usually. I worked for a small family owned auto group who insisted to sell at MSRP for non-speciality new vehicles, and for most trades we were paying quite well too given the used-vehicle market conditions. don’t have to worry about large repair bills for 3-5 years, this was the case for me with buying new cars, just do scheduled oil changes & tire rotation When purchasing my vehicle in Jan 2021, I did a lot of searching prior to my test drive. Research autotrader and cars. I would recommend to buy a car which has about 20 to 60k km already. I knew a lady who's dad was all, "Just buy used, it's fine". I'm not so knowledgeable about this market, buying vs leasing etc , but now looking into leasing because it seems better than buying a used car in this current market. A lot of these forums will also have a classified ad section where you can buy a car from someone who is a car person/geek. I typically have the opposite problem, where I buy new vehicles and rarely drive them. store, and Hyundai will be the first brand available for customers to purchase. Reliable cars like Honda and Toyota are becoming way too overpriced for the mileage on some of these vehicles. With title skipping, they keep the title in the original owners name, and then transfer it Buying a car steps. When it comes to dealing with I have 15k dollars saved up been looking at some used cars on the Facebook marketplace. A car dealership that buys and sells used cars daily told me this and given what I knew about my car (its flaws and its good points), this seems fairly accurate. My husband bought a car for 15k in 2013 0% financing. I know a lot of people may be looking for vehicles at the moment and I hope this post can be helpful. I'm in the market to purchase a lightly used car, have found one that I'm interested in for @23,000, and my boss suggested I offer the dealership 21,000 Car is not that expensive, and 50 mpg easy, just good luck finding one. this is more based on my experience and supposition, but generally, someone traded that car to that dealer to switch brands for a reason—sometimes the car came from an auction too and it’s a roll of the dice basically. as long as it's a reasonable offer, say 5-8% At this point, buy any car that will get you from A to B. That can be a bonus. One of our best purchases ever-the last new vehicle for us was purchased in 1991! Need a new car for various reasons, but I was looking at getting one from Enterprise because they're relatively new and well-maintained plus come with a warranty, but are high miles. Internet Culture (Viral) Amazing Yes, but all the people who are in the market for buying brand new cars are having to buy 2-3 year old cars because there aren't any new ones in inventory. I live in Boston and I'm seeing 2017/18 vehicles selling for a couple grand less or equal to starting price of the same vehicle model year 22. r/AskCarSales will remain private Sunday, 06/11 through Wednesday, 06/14 r/Save3rdPartyApps PLEASE DO NOT MESSAGE US VIA MODMAIL. I would say that 90% of them are sketchy, sometimes the car, the seller or both. true. That is the extent of what I know about the car buying process. Hello all! Not sure if this is the right place to go for help, but we are planning to purchase a new car (2022 or 2023 Honda Odysseyaround $45,000) and we want to trade in our 2013 Honda CRV for the downpayment. I bought a used car, clean interior, decent paint for 5k runs like a dream. You can also purchase the car It seems the current market has been more favourable to trade values in the higher end/nearly new (probably because people turn to them when they find out a new car will take forever to arrive), while there hasn't been much change at the lower end - my parents' last car was bought for £35k and listed at £40k, so it was a bit of a surprise Hi, im from leyte and i wanted to get a car. Most of the salvage repaired cars get exported to countries were laws are non existent for repaired cars. A $250 inspection is definitely 5% of the price of a $5,000 car, but buying a car that's hiding mechanical flaws or unreported crash damage can easily be a multi-thousand dollar mistake. Been driving it for 3 years now. Try and get your cost of owner ship as low as possible. Once the money hits their account it is your problem. My gf and I didn't want to have to deal with mechanical issues for our first car. I was maybe 8% under MSRP when you factor in incentives, which weren't much. Right now there is a heavy market adjustment on most all new vehicles. Rather than let the car go However, I hear about people negotiating deals on cars all the time and would like to know if this really works. You can search directly at Audi Gebrauchtwagen. Comes out to $183 a month so far. 2-3 Months) which is difficult in my situation. Generally, you'll end up with a higher-end model with quality parts. No inspection whatsoever. Every month that's $200 in fuel savings. Is a side hustle that can bring some money and has destroyed the used car market. The sales of used cars is also increasing worldwide. 🚗-🇮🇳 Auto enthusiasts discuss sedans, SUVs, hatchbacks, motor racing etc in Car India scene here on reddit. 13 votes, 23 comments. r/AskCarSales will remain private Sunday, 06/11 through Wednesday, 06/14 In the used market, supply is determined by which cars: 1. Don’t buy the additional car repair insurance at the dealer, basically turn down everything only to pick it up when you leave the dealership from another company many times at 1/2 the price Know the best seasons of the year to buy a car Basically from March till August don’t buy a car Know the “buy at” rate that a dealership is buying Seriously, no one really knows how the car market is going to go. Models with higher turnover (ex: a Nissan Altima repossessed 5 times) would be overrepresented. I just registered a car from out of state that I bought from private party and the tax was 9. JFC over $800 a month for a 7 year old car. As OP said, the used car market is a complete shit-show right now (it might be just starting to correct, but we'll have to see). At best, people can hope for an end to price markups and a gradual return to normal inflation rates. It's been a weird couple of years; every time I think I know what is going to happen, events prove me wrong. If your current vehicle is good and won’t break I spent all day looking for used and some even new cars, man there seems to be no really good deals out there. And the supply issue was so out of whack that the car rental companies had to turn to the used car market to source their rental fleet. Hence worse resale value. But in these markets it’s a no brainer. right now w the market (due to the computer chip shortage), it’s almost as much to buy a used Due to an unfortunate hit and run, I'm in the market for a new car. If you want to buy a good used car, you have to check marketplace, offer up, and Craigslist daily because the good ones go fast They are going to sell the car for what a customer is willing to pay for it. At the end of the day, the new AND used car market is a fucking shitshow right now, and I'm going to keep driving my cars as long as they'll last. I’ve gotten my cars from up north like vista bmw. Or check it out in the app stores   Entering the new car market for the first time ever: what are best practices in 2023 for cars that aren't sitting on the lot? want to buy first new car (Toyota Sienna) in next four months, they're not sitting around on lots, what're If you are buying a used car, either from a dealer or private seller, search YouTube for pictures of the Dashboard of the model and year of the car that you want to buy. Is right now a good time to buy a car? Buying a car continues to be a challenge amid record-high inflation, support shortages and increasing interest rates. I absolutely love cars and don’t want the basic first car, I want something that I To the delight of car shoppers, 2024 has been a buyer’s market. I'm in the market for a newer car and these used prices are kinda wild it seems. Ecoboost has been MSRP since 2 View community ranking In the Top 1% of largest communities on Reddit. I’m normal markets I’d never buy new. If you buy it private/ebay you should really know what you are doing. Used cars have the advantage of being immediately available and a lot more affordable. But I’m damn glad I bought new right now. If you buy a car with outstanding finance and the insurance company repossess it, you lose every penny invested into the vehicle. So my 2 cents says that we will be in for some cooling and a market correction. com for prices of the models of interest in our area and assume the prices are at least a little credit goes to u/supralover1994 for this masterpiece on Copart cars. Also looking for a SUV type car. I’ve settled on a new 2022 Porsche Macan T. Absurdly high. Quebec is one province like this. I get the rate discussion, but relative to inflation and the ability to refinance to Live in that 2. Agreed, all things considered you're paying The used market is more inflated than new so if you have a car and want to buy used you are in a better situation than if you want to buy used. Average prices peaked at around $32,000 mid-2022 and have now dropped to about $28,000 (where they were in June 2021). The used car market is a it'll relatively inflated compared to historical averages. It’s always worth a shot. If the car is better, they will be selling it for more elsewhere. I always have been a buy second hand car kinda person. I am a bot, and this action was performed automatically. It has made things much easier for the customer, which typically makes things so much easier for us, the salespeople. Enjoy your brand new car. As you know the risks. If you really want to buy a vehicle on Facebook marketplace my recommendation would be to look up a decent whole in the wall car repair-shop on Google near you. I've been scouring the used car markets for a good commuter vehicle that I can hopefully keep for a long time. Markets can be broken down to even more specific criteria such as the type of vehicle or even the model. Is it expensive and 5-10years old. For example, a 10 civic 120k miles will be 6k but a 15 srx 60 k miles will be $12k. Insurance company 3. Do a walkaround in the sunlight! Touch the car and look for anything loose, anything rusted, etc, but I digress. The used car market is mostly done correcting in my AOR. As a buyer, bring cash, do your research and test drive. Buying new warranties the vehicle, generally makes you subject to safety recalls, etc. I'm in the market for a vehicle, probably a midsized pickup. This makes the cost vs benefit of buying used not as attractive. For these reasons, the average cost of a new vehicle today is a staggering $48,000. Thinking of buying a car in Tokyo. Going back, sa 2nd hand market. The new and used car markets are no different. The used car market is now at its lowest in 2. 5% (Kitsap County) plus 0. If you want that buyout, you have to buy the car, pay sales tax if your state has a sales tax, wait for the title, then sell to Carvana. Canadian here to be specific. Buy a brand new Saga. Right now, MSRP is the family and employee discount. they are basically like a classifieds for car listings. I never saw a world where I would buy a new car unless I won the lottery. Shortage of SC Chips leading to higher prices of cars currently, causing me to think if I want to sell the car in approx 3 years, I might end up losing more money due to the depreciation. I remember used are so cheap back in 2012. Then buy a car cash. Buying a used car from a private seller Plenty of people choose to buy their car from a private seller. nissan I wouldn't even consider, the mirage was one of the worst new cars sold, idk about now, and the venue is good, funky little practical car. Apparently all of the service members PCSing used to be able to sell their cars to each other on the base's lemon lot, but the screwed up regular market has also screwed up the servicemember to servicemember market. During my career I had worked for a few automotive brands and had gotten to know advisors from nearly all brands really well. Additionally, it seems like the current chip shortage and covid-delays have made the used-car market hyper-inflated. It's almost always cheaper to repair your car than to buy a new one, so even if it's a $2k repair, it's still cheaper than buying a new one. Scalpers are leaving and not picking up their orders - bad dealers are marking these up and they are sitting longer. My mom called our neighbors who looked at the car car and said the lady bought a shell. Bonus: Never done business with a dealership either. And will be in five years if I decide to sell it as it will depreciate less. Save up some money for an emergency fund but do plan to replace the car within 1-2 years or when you hit your savings goal. I don't know how to drive and im 47, but i guess im forced to learn. He sold it in 2023 at around 85k miles for 8k. Lets say it costs $2,000 to replace the axles. of subreddits that have [united in a Most times it is a wash either way but with crazy price increases in the used car market my car on the market was worth about $7K more than the residual value in the contract so I bought it and the Dealer (who lost out on reselling the car for an extra $7K or more) lost their shit because they were expecting me to turn it in rather than finance Then the guy unloading the truck crashed it and moved the bumper so it needed repairs. In this post I will mention a detailed experience that I wish I knew before buying the car. Since the beginning of the Covid-19 pandemic, new and used car prices should i buy or lease a car in this market? someone totaled my car so i have to get a new one. I could really use some advice. I am trying to buy a car in my home state (California) and obviously this is a horrible time to buy a car. They look at their data, they see all similar cars in the market available for sale. I personally used OBV used car valuation tool, when we were buying a used car last year. Negotiate if they say no then leave it it’s not meant to be. This was something totally foreign to me. Never buy a car, even from a dealership without a pre-purchase inspection from a third party mechanic. Pretty much. Remember carfax is also a guide, not a bible. Back in the day, like ladt year, 6k meant 6-8 year old car not 10 Cash from small time dealer on CL OU FB is Look some of this advice is bad because of the current used car market rn. So I've been in the market for a new Toyota RAV4. S. That creates higher demand for 2-3 Get the Reddit app Scan this QR code to download the app now. If the market stays the same, a one year old car with low miles sells easy. Hey Reddit, I was planning buying a car for when I turn 18 (am 17 now and on my red P's). Also, a lot of people were able to leverage excellent trade-values on their current vehicle to buy a new vehicle at MSRP or close to it. Purchasing used cars in Toronto - need advice so I am very ignorant in all things related to how to buy a vehicle. Or check it out in the app stores     TOPICS. If this post is about bodywork, accident damage, paint, dent/ding, The thing people in this thread are forgetting is that the reason used cars are expensive right now is because it's actually hard to find a new car to buy great. My budget is just 350k. I'm trading in my vehicle and the dealer gave me a preliminary offer. Found a different car, drove it for a couple of weeks and had a rear sensor issue that they immediately addressed by sending to the dealer. About half our sales last month were cash sales, which is insane for a Ford dealer. they are worth it. On May 31, 2023 Hey everyone, just wanted to do a quick write up about my car buying experience in Maryland. I am confused if I should buy a car in the market or not I am looking to buy a crossover SUV or similar (I really like the KIA Sportage). They said their car is reliable, so let them use it for their advantage. If something doesnt match do not buy the car. I would also add that, right now, it's a really bad idea to buy a used car if you don't have to. I’ve done thorough research and was approved with a great rate from a local credit union because my mom told me not to finance through the dealership. Currently in Canada, the used car market is quite hot (especially for trucks) and used vehicles are holding their value quite well. 90% of Facebook flipped cars won’t have a title in the sellers name. I filtered by make, model, years, mileage, price range, distance availability, etc. Usually, you can get a good vibe as to whether the car was looked after or not. 5 l/100km, a new corolla is 5. In my experience, private parties are much more receptive to meeting at a garage to have the vehicle inspected before you purchase. How many issues does it have who owns it modifications. When I went to buy my first car, I couldn't find a single used Honda Civic. First off, a thanks to the car sales professionals in this sub I skimmed this sub for a bit to get the "lay of the land" as to how the car market is as of present. Blame youtube. Or check it out in the app stores if you have $800k then spending $50k to buy a car in cash isn't a big deal. In the 2nd hand market of older vehicles (I'm talking old shitboxes) having a valid inspection just before the sale Nowadays, people look to buy used cars more than new one. ** but in this car market would rather go for new Type of vehicle: Sedan or Crossover cannot be said enough how truly horrid the car market is right now for buyer's with everything way overpriced Reply reply There's a few mechanic-oriented reddit subs around, it might not hurt to ask one about the car if you are getting close to buying one, because some cars have problematic placement issues in the engine bay that means more I think that a perfect car for you for 22k, and from your list is the kia forte, but in the gt line trim. 1 to 1. The average car payment is over $400. The thought of buying a new car just didn't make sense to me, the car depreciates the moment you drive it off the lot. He can be chill about negotiating. A beater will suck, but you can buy a better one once you get a job after college. I got a Toyota Solara with 110K miles for $5k. Not exactly what you are asking but since it's your first used car I can share some of the key things I do when buying a used car. Just bought my wife a lightly used xc60 and a couple takeaways I'd like to share Pricing listed online, for the most part, is pretty accurate to what the market is for most vehicles. I've also bought and sold cars (as cheap as $1500 and as much as $20K) on FBM. ) And I doubt it was over 500$. Mine is just the perspective of a recent used car buyer in the Atlanta metro market, not a professional. We also got a free oil change and a free inspection. I'm considering buying a used car but am curious what peoples experience has been buying used cars around LA? Try to avoid buying say a Toyota from a Honda dealer or a Chevy from a Ford dealer etc. Asking about a second opinion (ie "Is the shop trying to fleece me?"), please read through CJM8515's post on the subject. All that convenience option that you can get on a hyundai/kia for the same price of a base toyota don't mean much when your car starts to break down after 5 years. I don’t like car payments and i think buying a brand new car these days isn’t worth it due to driving conditions and the relatively low cost to drive used. I would add people with bad credit too. So I remember that people used to always ask what the car market will be like in the in a few years so I decided I should answer. Yes sell that thing. The used car market just doesn’t seem like it’s worth it anymore. Leaving the buyer both on the hook for required repairs, and owning a vehicle that they might not be able to re-sell for close to what they paid for it. Some province don't enter in a record when the car got into an accident. However, it is difficult to expect a significant overall decrease in new car prices (MSRP) in the current US market. the owners (original or secondary) have decided to sell rather than keep, and 3. Everything inside was cr I bought my car - a Honda Fit 2010- last year at a dealership. ). 5grand. I unexpectedly had to move to a different state after a breakup last week, and my partner kept our car. [united in a coordinated protest Drove one car within the 30 days and decided it wasn’t the right fit. I'd consider an SUV if it checks all those boxes but am Then, bring someone you trust whom you'll go to for car troubles down the road to inspect it before the purchase. I had a lancer 2004 family car it’s reliable , cheap to maintain and cheap on fuel I lost my license and sold it to Kelly motors for $700 when I bought it I paid $3,500 mind you I had it serviced not long before I sold it so they don’t even need to fix the car ,so they will probably re sell the car from 2-3k just based on the current market. I'm 28F, I make about 115k (before tax in CA), and I work from home. Bikes related discussion is not allowed here. Just buy the car you want for the cheapest price where ever that is. If you don't want to drive a beater, the best car to usually get is a 1-2 year old pre-owned, as it's still pretty new but cheaper (However this used market is insane right now, so I'm not sure how this applies now) Hi everyone! I’m a first time new car buyer and am needing some advice. Make sure the car is not high kms and high price just because it has a certain badge on it. I don’t think buying new is the terrible decision that r/personalfinance makes it out to be but you need to have good credit and no desire to switch cars every few years just for fun (this is where you should consider leasing if you don’t want to learn to wrench) . the prices of used cars now, I would buy a mid range NEW car, Toyota, Honda or Mazda. If the market continues like this for longer period than expected, you may end up having to buy anyways in the near future and the trade-in value of your current car is further diminished. Waiting a few days is not an option. The used car market is screwed up, I just helped a nephew in the military buy a car. Used cars (korean brands) are cheap to buy and cheap to maintain. . Think about all the risks there. aiming to bring Reddit's attention to the significance of our concerns regarding the recently Dealers if you want to get an independent inspection done. But in it there's an aftermarkets charge, effectively reducing my trade-in value of $4000 to $2500. 3. These cars at Copart are usually ones where the seller either is desperate (like a sales lot going out of business) or dumping (because it's probably got serious issues). Physically see the TITLE of the car. I'm looking for a car that features the following: -is an automatic -is under or around 5k (ill be paying a one off cash payment) -is reliable -does not have too much exterior damage -Sedan or Hatchback -Preferably German/Japanese and preferably common brands Be sure to know how sales tax is calculated on the purchase of a vehicle for your state with and without a trade-in. Auto enthusiasts discuss carIndia scene, sedans, SUVs, hatchbacks, motor racing, safety etc here on reddit. I'd say first figure out your budget for a car. Hi, this is my first time buying a car ever and I’m in need of a second hand car, preferably buying off facebook marketplace as it seems the cheapest place, that is reliable and can get me places. Still not great, but a good sign for consumers looking to buy. I'm purchasing a 2019 Subaru Outback Premium with ~12000 mi on it. We picked up the Kona just before the pandemic hit, after a six month wait and it’s been a joy to drive. Sucks that they don't allow a year term for it. The costs of transporting it there are probably a majority of what I paid for the car 5 grand back in 2014 and driving would take like 5 days and add unwanted miles. I would absolutely NOT, Depends on what you’re buying, but my recent searches suggest that late model used cars are priced too close to MSRP to be a good deal. in the 2020+ years we saw the direct link where new car production dropped to very low numbers so a lot of people that would normally be buying new cars went When I bought my car almost five years ago, I used the car websites like cargurus, autotraders, etc. 9 + ttl and apparently that is under market ish. Like a 2005 car being $15000 while a 2013 car is $10000. I know this because I sold one to my parents at MSRP. The buyout that you will pay to buy the car is different than they will charge Carvana. 5 years. 4% until the car market returns to normal again you won’t see anything like that for a long time, and it’s worth the equity of the vehicle vs trading down and paying a little less and getting zero equity at the end of the day Shop around for a refinance if anything Buying a car with no savings/down payment is an absolutely horrible idea. The motor needs to be driven and if the year/ km ratio is too low the car could have a lot of problems when you start driving long routes. Honestly the whole concept of buying a new car doesn't make sense to me, although covid really threw the whole used car market on its arse. ) Schedule a test drive and tell the seller if the test drive goes well you would like to have a pre-purchase inspection performed prior to purchase. This is good advice. If buying a new car, buy as much car as you can afford. I sell cars. Carfax or walk away Now that you have the carfax buy a car from Ontario( since you are in that province). I ended up buying a 09 corolla on Facebook marketplace for 6k with 80k miles. If this doesn't put you off then go ahead by all means I guess. I couldn't give them any less. This is usually done by checking their ID against last registration paperwork. Read the add or check out the car in person. Or check it out in the app stores   Any posts pertaining to car buying suggestions or advice belong in this weekly megathread; **do not post car-choosing questions in the main queue. I recently sold a car for less then what I was asking because it was some kids first car and I didn’t need the money. I always look at it in terms of car payments. It’s because in most states, you’re only allowed to legally sell like 3 cars a year, before you have to apply for a dealer license. I was fully refunded my cost and the Maxcare I purchased. Im looking at the used market, but im also considering to get a brandnew one (brio or spresso) and have it financed. these are BS Step 7: buy car and leave good survey/review/send referrals The main thing us sales people and management are looking for is a firm commitment to buy the car. Don't be afraid to walk if it smells fishy (EG - title not in the name of the seller). Make sure to think about the insurance costs, taxes, license plates, annual car renewals, gas costs, and any repair costs (about an extra $500 or so). The very little data their is shows that the FK8 has much lower depreciation (and higher appreciation) than most other cars on the market. Buying a new car has long long lead times (Min. g. It's not as bad as it was during the height of covid because new car production has increased as chip and labor shortages subside, but used cars are still priced pretty high (especially lightly used vehicles). Sell your car third party for maximum value return. Depends on the market. people bought new a few years ago, 2. You’re there to buy a car so do your due diligence and make sure it’s perfect before you make a deal. 7l/100km. I didn't intend on buying the vehicle and I simply wanted to do a test drive to establish a baseline. Same car goes for 5-7k on a used lot. Minimum things you need to know before buying: Need to know the vehicle ownership transfer process in your state (like this for WA) Need to be able to validate the seller actually owns the car. In general you have to figure out what car you'll buy. Think your dealer may have been accepting your car doing a re order and selling it for a higher price since you weren’t making to much noise or walking away - or even if you did walk away they can sell your car for I'm holding off in this market rn because cars are significantly more expensive than 2 years ago. Ive bought 1500 dollar cars at the auction and put over 100k on them. A car is a big, long term purchase and worth whatever hours you can put into the research. If you're set out on purchasing a car, you should buy a bundle of HPI checks (3 for £15-20 ish) from somewhere like Vcheck. Miami is usually terrible for car buying. Some more came from the service department or needed a new car, and some just bought new cars that we had discounted and that Ford was offering incentivized rates on, so that's a pretty normal purchase. Be patient. This is when I would sell my car. This comment was edited in response to Reddit's API changes in July 2023. Always watch out for traders as they will buy a faulty car and sell it on. However, if the vehicle needs a lot of work you can get estimates from mechanics to negotiate with the state on the actual fair market value. I have recently inspected a fair few cars, both Japanese and European and by my understanding no one is willing to budge on the price that much. Buying a certified car from the dealership let us have a peace of mind. [united in a coordinated protest/blackout](https://www Economics dictated buying second hand, practical vehicles most of the time, especially with dogs and kids in the picture. Plus there is the record breaking I work from home most of the time, I go to the office once a week, but I love traveling so I am out somewhere every other weekend. Hello I have posted multiple times asking for advice when buying a used car, as this was my first time buying a car ever. If you are going to be paying over 3-4% interest then I would strongly consider They buy cars to make profit, they know they compete against each other. I literally just bought a car in Florida on Saturday and drove it back to Minnesota. Historically mainstream Canadian market cars are priced about 1. Real convenience is a car that doesn't have troubles in performing it's intended function: drive. Thanks for posting on r/MechanicAdvice!Please review the rules. If I was in the market for a 5+ year old car I would be looking at Japanese cars. The car was listed at 375만원. Buying a used car is relatively straightforward, but you should keep some important points in mind to avoid overpaying or falling foul of unscrupulous sellers. That said, the rapidity with which a vehicle depreciates means it's generally not worth buying new. 283 votes, 299 comments. I would love to buy a car right now too but I am holding off for this reason I didn't see the car myself as I was a child back then. Any automobile that moves on four wheels can be discussed here. Any advice helps. I always say an informed customer is much easier to sell a vehicle to than an uninformed customer. Definitely not trying to say that OP, or anyone, should buy a new car, but I think that article was specifically talking about buying a new car every few years. I already have a parking space which is included in my place of living. Most of them are good cars that will just end up on a dealer lot. Dealers are absolutely willing to negotiate. It took months of engagement with people on craigslist and FB. , gas prices, inflation, etc. When you turn Thanks for posting on r/MechanicAdvice!This is just a reminder to review the rules. Every dollar you spend keeping your current car on the road is a If I had to guess, most of this stock is from people who put a deposit down 12-16 months ago, but as the car allotments become available and are shipped, they either cant or don't want to get financing any more. all have great info). Bikes related discussion is not In the long-term, buying is definitely the better option, as you can sell it and get some money back if necessary. So for only a bit more, you can buy a new car, with better interest rates, and the full factory warranty. Used cars are so inflated rn, you’d have to take a loan to get something reliable, and if the market goes back down it’s like new car depreciation anyway. Last year my 2018 nissan versa's transmission went out and no 3rd party shop would touch the cvt on it. I used to go with people to buy cars from Facebook marketplace. Our household income is 250k, in case someone wants to say only the poors buy 1500 dollar cars. If you are here asking about a second opinion (ie "Is the shop trying to fleece me?"), please read through CJM8515's post on the subject. and remember to please post the year/make/model of the vehicle you are working on. However, you may choose to lease until you get a sense of your job security, and especially if you like to drive new cars. Know what you want, but don't be married to a specific car model in case a better deal comes along. Anyone who is legit (buyer or seller) will have no issue meeting at a police station or a bank. Still, even with incentives rising and used car prices making headlines, there are important questions to be answered. Picked up my new car 10th March. The car business has definitely changed with the Internet, especially the used car market. So I used to be a marketing and economics advisor for a large American car brand. If you buy an older low priced car youll be overpayinng inthis market. Always look for a car that has atleast 2 former keepers and make sure the person had it for atleast over a year. This is my first time here, and my first time buying a used car on fb marketplace, so I hope to get some tips on what to look for, what to avoid, etc. Also, NO RUST!. Dealerships will give you 50% of what you can sell it for You need to check that. Shit talk the car, act emotionless, get rude at the table, tell you you need their business to hit your goal. And there are currently only three vehicles on the market now that start under $20k. Besides, it's an awesome drive! Vehicle Sales: In 2024, auto dealers for the first time will be able to sell vehicles in Amazon’s U. If you can find a new Corolla, great! But don't be surprised if they're out of stock everywhere because of the chip shortage. They are easy to liquidate for their current value. Prices are unlikely to return to "normal" for a while. 8% on the fair market value of the vehicle. The same car would sell for $14000 before fees here in MN. Therefore if the axle repair gets you anything over 5 more months of additional use of the car then you should do the repair instead of buying a new car. A bought a Jetta with 65K on it for 14 grand. Now I am seeing people who don't have orders buying MSRP minus A X plan Ford discount. For example, in Texas, you will pay less sales tax on the purchase of a vehicle with a trade-in. I bought an audi TT with 50K on it for 10grand. I really enjoy not having the monthly payment or paying interest. The ones where they would have you meet in a supermarket parking lot were always fun but I currently have a car with about 130,000 and runs fine atm. I live in NSW, Australia. If OP, or anyone - again, was to buy a new car and keep it until it is 18 years old, it's not really going to change much in the long run. Post's about bodywork, accident damage, paint, dent/ding, questions it belongs in r/Autobody Buying from a private seller means you get to speak with the owner and get a good judge as to how the car has been treated. What’s wrong with the current used car market? Buying a secondhand car just doesn’t cut it. are not totaled. We're Reddit's central hub for vehicle-related discussion, industry news, reviews, projects, DIY guides, advice, stories, and more. Also the price indicate at the dealership was 1000$ over the price shown online. So this just isn’t the same used car market that’s been seen historically. As a korean myself, do yourself a favor and don't buy a korean car. Picking older listed cars that are still available might help but it would be more reasonable to negotiate based off competition listed online at current market as well as condition of the vehicle outside of reasonability of it being a used model. Anything is possible, but buying an FK8 is lower risk than buying other cars. So when the CAD was strong, you would see Canadians buying cars from US dealers and when the CAD was weak, you would see Americans buying cars from Canada, especially pickup trucks. Match the VIN # and the plate # to the car. Completely agree. Buying your first car. And, now it is easy to determine the value of any used car or any vehicle with the help of used car valuation tool available. Also, Never trade in your car. Because the used car market was so insane, it made more sense to me to buy new when factoring in the interest rates, warranty, and mileage. I bought 2 cars and both went within a month from a trader. There are also way too many piece of shits that should’ve been scrapped but everyone is trying to make a dollar in this used market. The dealership wanted to fix it for 8k. The new and used car markets are both directly linked and hugely separate. My family was talking to me and said given the current second hand car market, why not just buy new. CarMax has fair pricing, and makes most of its' money because of the refined purchasing practices from auctions they attend nationwide and run in most every market. If you can walk, bike, or take public transportation everywhere you need to go, I would say you don't even need any car at this point. I got mine in PA for the actual list price minus available discounts. People can sell cars for more now than they were worth a couple years ago. Order new. Great post . Was wondering if you guys had experience and advice on the topic especially in reference to the items below: 1: recommendations of car to buy in reference to insurance, performance, taxes, and purchase price. The picture you want is the one showing the speedometer cluster. I haven’t bought in this market and it may be a bit different now, but Tips for buying a new car: Set a budget that you can afford, and then stick to it! Do you research and figure out exactly what you want in terms of make/model and features. This new digital shopping experience will make it easy for customers to purchase a new car online, and then pick it up or have it delivered by their local Given the used car market, does it make more sense to buy a new car? aiming to bring Reddit's attention to the significance of our concerns regarding the recently implemented API changes. meams it's checked and most times there is some kind of guarantee. DON'T AGREE TO BUY ON THE SPOT. With that being said I would highly recommend trying to buy a car debt free. I just bought a new car in this market. Get the Reddit app Scan this QR code to download the app now. You'll be surprised what old car's could have outstanding finance. This post will contain common-sense information for most people, but for people like me, it would be very useful. My Needs and Preferences: I need a vehicle with 4wd, good ground clearance, plenty of cargo space, and the ability to tow a small trailer. If it says Salvage or is unreadable do not buy the car. Here's some sincere advice: If you have a pressing need for a car, go ahead and make the purchase. So maybe that means you save $1000 per month for 6 months and then buy a car (or whatever version of that equation makes sense for you). IT is very unlikely FK8s will lose more value than the general car market. If they say no, walk away from the car. Piece of shit. Source: Was a Buyer and a salesperson at Carmax for several years. As the seller of the car I knew what was wrong and what was right with the Doing this allows you to buy a car and sell it for almost the same price. The next year I sold it for 9. If you buy it at a Workshop it usually is also checked but you have to take care of the paperwork by yourself. Searching for a The people who read the “how to buy cars from dealers” book written in 1972 and think they’ve got it all figured out. Most of the hustlers just try sob stories on marketplace to get shitty cars for the cheap, buy them immediately all cash and bring a trailer, they bring it home, detail it, buy any visual parts missing and suddenly that 1997 altima is worth 3-4k. (Youtube, Reddit, blogs, car sites etc. The smart way to do it is to sell it quickly, which means to have the lowest priced car on the market. But yeah there are also people who get to the end and they learn Step 6: buy car, listen to finance about service contracts. Pay attention to the top right box of the title as well make sure it hasnt been scratched or tampered with and its blank or it says CLEAN. i just bought a cream puff 1 owner, dealer clockwork maintained, 14 sienna with about 140k mi for 15. I've never owned a "new" car because I can get a used car for 1/3rd the MSRP, and I've never had a car loan because I always buy private party. Our family always buy car of facebook as its over 50% cheaper i guess. I got lucky with my Elantra N from braman since they wanted to charge a 5k adjustment but I got up to walk away and they removed it. vnx lmkwl drcsb bkxdcn jemtwao cnmjbj fqyaykr lslv eifxdi mkpup