I was going to buy a used car and started researching forums and reviews. So far it turns out that people are more often disappointed than happy with this decision. Tell me your stories, I want to compare and decide is it worth buying now or is it better to save up and get a car from the showroom
In the past buying new enables you to get the options you want and cross compare dealer pricing because it's exactly the same car. Letting you get a better deal at time of purchase.
In the past used cars were cheaper than new but every used car is unique in its condition making it harder to shop pricing in my opinion.
Right now you may pay more for a used car because it is available. Waiting for a new vehicle even paying MSRP seems to be a better buy than an available car that's under 5 years old.
Currently the worst scenario is being in an accident because very few rental cars are available and pricing is high at car dealerships for cars that are instantly available.
Not sure if canoeing.
In reply to konovola788 :
You wrote: So far it turns out that people are more often disappointed than happy with this decision.
What decision? I find your sentence to be unclear.
ProDarwin said:Not sure if canoeing.
I suspect so, I asked a question but I'm 99% sure there's a paddle in here somewhere.
In reply to John Welsh :
dissatisfied with buying a used car
I'm just afraid that if I save money now, I'll spend a lot more on repairs in the future. What if I do not notice some nuances, which then will need to eliminate. Now I'm looking on the Internet for information on how to check the car, what to look for. But I haven't made a final decision yet. I don't even know what to do. I'll keep looking into it.
In reply to konovola788 :
Hello. Please take a moment to introduce yourself and explain what it is you are looking to do. What kinds of cars are you looking at?
Eliminating nuances is a worthwhile pursuit. As long as you have done the needful it will work out in a positive fashion. I've often felt bamboozled at a car dealership so I restrict my financial remunerations to solitary individuals.
I have made success whenever car buying was necessary endeavor. Preferably my purchase is small dealers but also occasional owner as well.
Honestly, I've never been disappointed in a used car. If you are, you didn't spend enough time with it before you handed over the money.
I've bought one almost new car and I despised it every month when I had to make the payments. That was 20+ years ago and I haven't had a car payment since.
Is used car go kaput, never more, now only virgin machine from great mother factory.
In reply to dculberson :
I'm pick'n up what you're lay'n down!
Where will this go?
I've always been able to justify buying new by keeping the car forever. If you are buying the car with the intention of selling it and getting another one in three or four years, then buy used.
Also, it's much easier to simply focus on agreeing on price with a new car. With a used car, there are more variables, and things of which you are likely unaware regarding the car's history and condition.
I'm still a beginner, this will be my first car. So I'm afraid I'll get scammed and sold some beat-up car or something like that.
I would like to have a small car, so I don't have problems with parking and gasoline consumption is relatively low.
I bought a used car once. I have replaced or repaired almost EVERYTHING in that car.
That was 30 years ago, the car was 25 years old when I bought it, still great fun to drive...
...I cannot even begin to tell you how much money I must have saved (and made because I did not spend) in all those years!
In reply to konovola788 :
Do your research on the specific model of car you're looking at. Learn about any problems they tend to have. Don't just shop for the cheapest car.
Get a pre-purchase inspection with a licensed, independent mechanic. Anyone who doesn't want to let you take the car to get it inspected, walk away.
Budget money to do maintenance on any car. A new car with a warranty just has the maintenance costs built into the sticker price. If you take the money you would be spending every month, and put it in a bank account, it will be more than enough to cover maintenance costs on a reasonable used car.
In reply to John Welsh :
I prefer slightly used cars, the current used cars, the buyer to weigh the buyer to the value while not being new and prefer slightly used cars, the current used market is crazy, so its up to they tend to weigh the buyer to weigh the buyer to the current used market is crazy, so its up to the value while not being new and presumably trouble free.
This is a mildly amusing program that is practicing it's communication skills.
In reply to ProDarwin :
Lol'zers
The deep discounts buying used, stems from the fact you are knowingly buying seat cushions filled with someone else's farts.
Appleseed said:The deep discounts buying used, stems from the fact you are knowingly buying seat cushions filled with someone else's farts.
"in the event of a water landing, your seat cushion may be used as a flotation device"
George Carlin = Oh great, I'll be bobbing around in the water sniffing ten million miles of peanut farts.
Appleseed said:The deep discounts buying used, stems from the fact you are knowingly buying seat cushions filled with someone else's farts.
Do leather covered seats hold as many farts as cloth covers seats, or do they just bounce off vs. soak in? Inquiring minds want to know !
Long game
I have never bought a new car. Ever. I did own one. It was my college graduation gift from mom and dad, and it was a very good vehicle.
New car depreciation is intense. They like to say that when you sign for a new car it loses 20% of its value. It's not quite that apocalyptic or absolute, but the first few years of ownership are the greatest depreciation. I prefer to buy vehicles that have passed that steep depreciation. Instead of buying a $40k car that I sell ten years later for $5k, I buy the same car three years used for $15k and sell it five years later for $12k
In that way, I'm spending a net of $3000 every five years instead of $35k every ten.
Objects are closer than they appear
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