If you fancy yourself an automotive bargain hunter, the best time to score a deal on a used car is right around the corner. So, stop clicking around on Autotrader for five minutes and equip yourself with some useful knowledge to better your odds of snagging some savings.
Tag: Car Buying Advice
My friend “Edward” is a conservative fellow. He’s smart, and he’s successful, but he’s also not going to be the first person in a group to, say, jump into a lake of unknown temperature. He’d rather let some other idiot take the risk.
In at least two cases, I’ve been that idiot.
When he met my voluptuous Italian housekeeper at my 40th birthday party, he thought she was pretty neat — but he waited to ask her out until I’d confirmed that said housekeeper was both fantastic in bed and unlikely to send him a boiled rabbit in the mail. And once he saw that owning an Audi S5 didn’t mean that I’d be spending every weekend drinking coffee at the service department, he picked up an Audi S4 for a daily driver. In contrast to my lime green six-speed V8 coupe, however, his Audi was a dual-clutch, supercharged-V6, metallic black four-door. Conservative. Just like him.
Edward would like to replace his S4 before winter comes. My advice to him was to take a safer version of my current path: get himself an Accord V6 sedan for the commuting grind and a brand-new Z51 Corvette for the weekends. He can certainly afford to do it, but instead, he’s thinking about upping the ante to a loaded-up M3 with a dual-clutch transmission. However, I had a slightly different idea, as you will see.
Hey, Bark! I’m a 37-year-old woman with a couple of financial degrees and a decade of experience in the world of money, yet I still dread going to the dealership. I know that they’re screwing me but I just don’t know how, and that’s the worst part. I don’t object to the dealer making his fair share of money (I’m a capitalist after all), but I just wish that there was a way to know how they were making that money, and where.
In your experience, where do most customers get the shaft in a car deal, and how can it be avoided?
Thanks for your question, Kori. Most customers feel uneasy about the whole purchase experience for this very reason. Let me see if I can help you feel a little better about it by breaking down the various money aspects.
I bought a car yesterday (as seen below). I’ll do the full reveal and write-up for you tomorrow. For now, let’s talk about all the things I considered buying but didn’t, and how it might help you make your own buying decision in the future.
And yes, I bought it. I didn’t lease. We’ll discuss that tomorrow, too.
I am coming up to a time that many of us must face. My son is about to turn 16 and will need to have his own ride. Currently, we own a 2012 Toyota Highlander that my wife drives, and a 2013 Honda CR-V that I drive. I am currently scheming to dedicate the CR-V to my son and then my daughter as they begin driving, then buy something for me to enjoy driving for a while. My sights are set on a used 2008-2012 BMW 328 that is in the 70,000 mile range. I have always wanted something like this, but would not be able to afford a new one.
So here is my quandary: my wife likes that the CR-V is well rated on safety and that it is not too powerful of a car. But, she and others think the car is too new.
Right up there with I wish they’d make a manual diesel wagon in brown, it’s among the most played-out tropes on the Internet.
There just aren’t any bad cars anymore.
This is generally followed by some recollection of a Saturn of the early ’90s that had a faulty engine, or perhaps some Brezhnev-era Soviet masterpiece. Blah blah blah nostalgia blah blah A Christmas Story blah blah. Enough.
There are plenty of bad cars out there, but the majority of people haven’t driven enough of them to know it. Fortunately (or unfortunately), I have. And I’m here to break the bad news to you: some cars suck. Maybe even the one in your very driveway.
For the last two years, my daily driver has been a used 2006 Audi A6 Avant (bought outright in cash). Living in Minnesota and attending college in a rural part of the state, it’s the ultimate vehicle. It swallows 4 people and gear for a spring break Chicago vacation, gets through the snowstorms, and has heated seats and steering wheel. It even averages 24 mpg!
However, its mileage has reached the point where it’s no longer economically feasible to hold onto (repair-wise) going into the spring of 2017. I’m trying to hold off until used car prices fall, because of lease returns. With a budget of $15,000, I’m hoping to get five-plus years of use out of my next vehicle. My search has gravitated towards larger vehicles that are kinda low-volume players (with a slightly better reliability record) like the Lincoln MKT, Toyota Sequoia, Lexus LS/GX, Volvo S80, etc. Something bigger and a little more cushy. So, what do you recommend?
I’m currently driving a 2011 Ford Fusion with 80,000 miles. It’s good, reliable, and utterly boring. I’ll have it completely paid off in a couple of months. Here’s where I’m going to get myself into trouble.
The responsible thing to do would be to keep the Fusion and enjoy a paid-off car. But …
While driving a rental car recently, I remembered how much I enjoy a manual transmission. There are also a couple of times a year when I could use the extra capacity of a hatch. I’m starting to look at the listings for lightly used Ford Focuses and Mazda3s with manual transmissions, thinking, “Wouldn’t it be fun?”
I’m starting the process of finding a used car for my daughter who turns 16 in September and will (hopefully) get her license afterwards.
She’s 5’3″ and about 90 pounds, so a B- or C-segment car would be right in terms of size. She’s also listened to me go on about how great it is to drive a manual transmission since she was born, and believes this to be a fundamental need of any car purchase. Our budget is upwards of $10,000 with driver safety the other primary criteria. Fuel economy and reliability aren’t negatives. While I should probably zero in on finding a nice Corolla, I’m looking for an out-of-the-box choice with some car-guy (and girl) cred. Golf? Mini? Mazda3?
Let’s give a hearty “Welcome back!” to our friend Rebecca, who previously wrote about her Tacoma on these pages. She just picked up this beautiful Z4 from a dealership hundreds of miles away from her home. This is her story on how she did it.
This journey started in October of 2007 when the lease on my 2005 Z4 3.0 matured, and I had to give the car that I dreamed of, and built on BMW NA’s site for two years, back to the dealership.
Since then I’ve had the recurring dream that I still had that car — it’s just been in storage all this time. I have serious commitment issues with cars, so it dawned on me three years ago that this was the one that got away. Fast forward to April 2016, I’ve saved for this car for a couple of years, and casually checking out the market with the plans to purchase before the end of the year. I happened upon a couple of white ones just outside my price range, and decided it was worth the stretch.
So what was my process?