Quote:
Originally Posted by TheGoodTheBadTheUgly
I’m in the market of purchasing a new vehicle and don’t want to be taken advantage from some shyster car salesman.
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IMO when buying a new vehicle...
1. First, do your research and select a vehicle that is well designed and mechanically reliable.
2. Buy that car used. Never buy a brand new car or truck, because no matter what the discount is, as soon as you drive that car off the lot, you will be tremendously backwards on your car loan.
3. And no matter how much you pay for a new car, a difference of $500 isn't going to make that much of a difference in your monthly car loan payments.
4. And no matter how cheap you think you bought that new car for, the dealership will stick it to you every time you go into their service area for maintenance and repair work.
I was in sales at a Honda dealership in 1995 and sold myself a used 1994 Civic Si hatchback that was bought by my dealership at auction. It already had 24K miles on it. I paid $12.5K for that car. And I think that I really won on that deal.
1. It was extremely reliable and fun to drive. I got 200K miles out of the original brake pads and rotors.
2. I took out the passenger seats and would go on road trips doing antique shows. So it became a working vehicle for me.
3. I drove that car for 21 years and racked up 435K miles on the odometer.
That car was so full of win.
Currently I drive a $1500 2003 Civic Si hatchback. I bought it three years ago with 200K miles on it. It now has over 260K miles on it. More win for me!!! Honda makes a great car.
I will never ever buy a brand new car ever. Why throw away the money?
Anyway, with a brand new car purchase, don't get sucked into looking for the best deal. Instead, do your research and find yourself a decent vehicle fresh off a lease, or better yet a private party sale.
1. If you don't trust a used car, then don't buy that car new.
2. Find yourself a good, honest independent mechanic and listen to their advice on buying a good used car.
3. It's okay to buy a used car and spend a little money to make it right. People sell their cars when they need some sort of repair on their car, like a brake job. They are bored with their car and feel like something different to drive.
4. Whatever car you decide to buy, never go to a dealership for service.