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Old 05-09-2009, 09:28 PM
 
Location: Murfreesboro, TN
3,528 posts, read 7,160,059 times
Reputation: 1118

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There is a used 2008 Dodge Nitro at a dealership near me for a very decent price. It only has 200 miles on it. The Carfax checks out fine. It would be a huge savings over purchasing a new one. Why would someone sell a car with only 200 miles on it? Would you consider buying it if you were interested in a 2008 Nitro?

 
Old 05-10-2009, 06:37 AM
 
9,039 posts, read 5,641,982 times
Reputation: 5250
Why not ? Although , you need to do the math on used car vs new car loans, sometimes it's worth going for the new one.
My fiance went thru this last year on her Caliber... she was better off buying the used one (12k miles).
 
Old 05-10-2009, 09:44 AM
 
8,780 posts, read 16,230,047 times
Reputation: 5219
Quote:
Originally Posted by Steve_TN View Post
There is a used 2008 Dodge Nitro at a dealership near me for a very decent price. It only has 200 miles on it. The Carfax checks out fine. It would be a huge savings over purchasing a new one. Why would someone sell a car with only 200 miles on it? Would you consider buying it if you were interested in a 2008 Nitro?
Have your insurance agent run a C.L.U.E. Report on the VIN# before you buy it. Carfax misses things. For example, if this Nitro had been wrecked while it was still owned by a dealership, it's quite possible that Carfax would miss it, seeing as the vehicle would have been un-registered/un-titled. CLUE will list any insurance claims made against the VIN.
 
Old 05-10-2009, 10:40 AM
 
Location: In the sticks, SC
1,642 posts, read 4,399,475 times
Reputation: 1078
I think depreciation has something to do with it as well. I never buy new I let the first owner bring the price down for me.
 
Old 05-10-2009, 11:22 AM
 
Location: Eastern NC
18,051 posts, read 16,594,937 times
Reputation: 15910
More than likely the car was bought new and then returned for another model because the original owner did not like it after driving away. Had a friend do this once, traded in a truck with less than 100 miles because it did not fit him properly. He took a big hit with it though.
 
Old 05-10-2009, 11:53 AM
 
Location: Murfreesboro, TN
3,528 posts, read 7,160,059 times
Reputation: 1118
This is the OP here. I found out this vehicle was a new car on a lot owned by a dealer that went bankrupt. The bank made the dealer auction off the remaining inventory. So, basically, it is a brand new vehicle, but technically a used vehicle.
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