U.S. CitiesCity-Data Forum Index
Go Back   City-Data Forum > General Forums > Automotive
 [Register]
Please register to participate in our discussions with 2 million other members - it's free and quick! Some forums can only be seen by registered members. After you create your account, you'll be able to customize options and access all our 15,000 new posts/day with fewer ads.
View detailed profile (Advanced) or search
site with Google Custom Search

Search Forums  (Advanced)
 
Old 12-05-2014, 08:49 PM
 
Location: Columbia, SC
6,528 posts, read 13,705,805 times
Reputation: 1776

Advertisements

Quote:
Originally Posted by Panther2004 View Post
How are people buying cars these days? Just about every car is atleast $30k and suv and minivans over $40/$50k. Is everyone financing or saving large sums of money?

The price of a quality new car with some nice options are absolutely insane.
There are plenty of new cars you can get in the $15,000-$20,000 range. Keep in mind that you should be able to negotiate a price 10%-20% below the MSRP. I work in banking and I recommend that people buy vehicles no older than 5 years old or more than 60,000 miles. Personally, I wouldn't buy a used car and get someone else's problems.
Reply With Quote Quick reply to this message

 
Old 12-05-2014, 08:53 PM
 
Location: Way up high
14,072 posts, read 20,156,123 times
Reputation: 14320
I lease my cars-that way I'm not stuck in them when I see something else I want..
Reply With Quote Quick reply to this message
 
Old 12-05-2014, 09:33 PM
 
3,280 posts, read 3,550,141 times
Reputation: 3971
Quote:
Originally Posted by Neosec View Post
New cars are only bought by five kinds of people...

  1. The wealthy that can afford to throw away money.
  2. The financially ignorant or stupid.
  3. Those that prefer, pretty new shiny things instead of financial security.
  4. Those that are pretending to be wealthier than they really are (fake it till ya make it).
  5. Governments. Though they're not really people.
Did I miss any?
People like me who keep them for a long time and don't want someone else's problems.
Reply With Quote Quick reply to this message
 
Old 12-05-2014, 09:52 PM
 
1,727 posts, read 1,023,994 times
Reputation: 530
Quote:
Originally Posted by Neosec View Post
New cars are only bought by five kinds of people...

  1. The wealthy that can afford to throw away money.
  2. The financially ignorant or stupid.
  3. Those that prefer, pretty new shiny things instead of financial security.
  4. Those that are pretending to be wealthier than they really are (fake it till ya make it).
  5. Governments. Though they're not really people.
Did I miss any?
A new car is not an entitlement, If you cannot afford one, stick with used cars until you make more money.

If you get into your 40s and still cannot afford one, you probably made some poor decisions in life.
Reply With Quote Quick reply to this message
 
Old 12-05-2014, 11:29 PM
 
Location: O.C.
2,821 posts, read 2,615,369 times
Reputation: 2075
Quote:
Originally Posted by Panther2004 View Post
I don't need a new or used car. We have a great luxury SUV that is paid off and if I wanted to buy a brand new 3rd row vehicle I could have just about whatever I wanted.
Very strange. You ask how people can afford cars when they are all $30k, I give you a list of quite a few under $20k and you make fun of them saying they aren't real cars calling them go karts. Ummm, yes they ARE real cars. The Civic is consistently one of the best selling cars in the US, the Impreza sells quite well here and overseas for many years while the Focus, Fiesta and 500 have been great selling cars for decades overseas. All of them are great values at their price points. You know nothing about vehicles apparently.
Reply With Quote Quick reply to this message
 
Old 12-06-2014, 04:50 AM
 
Location: Miami, FL
8,088 posts, read 7,323,159 times
Reputation: 6650
Well I knew what the OP meant and at the prices he was referring to it was not compact or sub-compact or mini-suv type of transport in the $20K range.

In fact, if you read what he refers to as his own transport and objectives, Escalade and Infiniti then you know again it is not appliance type vehicles.
Reply With Quote Quick reply to this message
 
Old 12-06-2014, 05:01 AM
 
Location: Miami, FL
8,088 posts, read 7,323,159 times
Reputation: 6650
Quote:
Originally Posted by thecoalman View Post
I just bought a 2002 Regal GS fully loaded; sun roof, power seat, self dimming mirrors etc. It had 65K on it for $4K, it was $27K in 2002. When you open the door on a hot day it even smells new. Losing $23 in ten years is lot of money especially for car that is essentially just getting broken in. I'm going to drive this car around for about five years and when I sell it I'll probably get 2 or 3 grand for it. Basically it will have cost me 1 to 2 K when it's all said and done.
ahem...makilng the buick regal gs supercharged faster

Please post pics or video afterwards...
Reply With Quote Quick reply to this message
 
Old 12-06-2014, 06:32 AM
 
2,600 posts, read 5,459,776 times
Reputation: 2387
The average price of a new vehicle is roughly $30,500 with a monthly payment of $600.00.

It's always best to buy used and from a private seller and invest the rest.
Reply With Quote Quick reply to this message
 
Old 12-06-2014, 06:58 AM
 
37,072 posts, read 38,316,614 times
Reputation: 14836
Quote:
Originally Posted by Mandalorian View Post
People like me who keep them for a long time and don't want someone else's problems.
You can never guarantee what you are getting with a used car but if you take the time to look you can find good one's. The last car I sold the woman literally stole it from me. Common things you were going to replace were new or newer; brakes, rotors, struts all the way around, new muffler and battery. I only got $1300 for it because of the age and there was an issue with the intake gasket she was made aware of. Her mechanic recommended she buy it because he was quite impressed with the overall condition.
Reply With Quote Quick reply to this message
 
Old 12-06-2014, 07:03 AM
 
37,072 posts, read 38,316,614 times
Reputation: 14836
Quote:
Originally Posted by Felix C View Post
ahem...makilng the buick regal gs supercharged faster

Please post pics or video afterwards...
I'm very aware it can easily be modified to go from fast to ridiculously fast. I'm not 20 years old anymore, second gear between 60 and 90 is scary enough the way it is.
Reply With Quote Quick reply to this message
Please register to post and access all features of our very popular forum. It is free and quick. Over $68,000 in prizes has already been given out to active posters on our forum. Additional giveaways are planned.

Detailed information about all U.S. cities, counties, and zip codes on our site: City-data.com.


Reply
Please update this thread with any new information or opinions. This open thread is still read by thousands of people, so we encourage all additional points of view.

Quick Reply
Message:

Over $104,000 in prizes was already given out to active posters on our forum and additional giveaways are planned!

Go Back   City-Data Forum > General Forums > Automotive
Follow City-Data.com founder on our Forum or

All times are GMT -6.

2005-2018, Advameg, Inc.

City-Data.com - Archive 1, 2, 3, 4, 5, 6, 7, 8, 9, 10, 11, 12, 13, 14, 15, 16, 17, 18, 19, 20, 21, 22, 23, 24, 25, 26, 27, 28, 29, 30, 31, 32, 33, 34, 35 - Top