Joined Oct 2007
Wants a Quiche
Forum Thread
Ok im gonna do it...do not try to talk me out of it! ( buying new car)
December 11, 2012 at
02:54 PM
in
Chat
After many years of hoopdie cars..I'm going to get a new one...that last 400 dollar radiator did me in on my little car...and with a soon to be 2xxlb 6 foot tall son and a BF its time to get a larger nicer car....I've been driving a 87 crx...so I need more room!
Hondas are my first choice...
I narrowed it to the 2012 EXL 2.4 i owned a 01 with leather and dang it I want that again...moonroof I can do without..but I like the alloy wheels and it does get decent gas mileage
Found one at the dealer with 62xx miles..they wanted 25909..also comes with 100000 honda certified warranty.
Kbb trade in is 21818..,no problems with carfax..and it was sold originally by this dealer and stayed pretty much in this area its been at dealer for about a month...
I have financing at 4.73 with 84 months if over 20000 dollars..I am going to look into refinancing in the future at lower rate. I also get 90 day delay on first payment...
I also average 7000 mi a year..I've been renting cars for out of town trips..family is about 5 hr drive...I see them about 3 to 4 times a year...but I'm thinking more now with newer wheels!
I am ready for pros and cons! I am planning on running this to 200000 miles or more!
Oh and where is the car advice thread? I need to rehearse and get ready to deal with dealer...
Hondas are my first choice...
I narrowed it to the 2012 EXL 2.4 i owned a 01 with leather and dang it I want that again...moonroof I can do without..but I like the alloy wheels and it does get decent gas mileage
Found one at the dealer with 62xx miles..they wanted 25909..also comes with 100000 honda certified warranty.
Kbb trade in is 21818..,no problems with carfax..and it was sold originally by this dealer and stayed pretty much in this area its been at dealer for about a month...
I have financing at 4.73 with 84 months if over 20000 dollars..I am going to look into refinancing in the future at lower rate. I also get 90 day delay on first payment...
I also average 7000 mi a year..I've been renting cars for out of town trips..family is about 5 hr drive...I see them about 3 to 4 times a year...but I'm thinking more now with newer wheels!
I am ready for pros and cons! I am planning on running this to 200000 miles or more!
Oh and where is the car advice thread? I need to rehearse and get ready to deal with dealer...
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Also, I'm not too fond of buying very new used cars as there's something wrong with it for the buyer to return it. And they mark it up for big profits where as you can negotiate the new car purchase at close to their "invoice" with costco/truecar/amex/ carsdirect pricing. If you want the sweet spot for pricing its at about 2.5 -3 yrs used with under 50K miles. Half of the price of the car is depreciated but more than half of the life is left. YOu can drive a 3 yr old honda/toyota for another 7-10 years without major problem.
84 months of financing means you can't afford the car. The max should be 48 months and maybe 60 if they offer very low interst rates. Speaking of, go to Pentagon Federal CU for the lowest rates on car financing. With a small donation you can join PenFed.
Lastly, if you plan on driving this to 200K, go with a Toyota Camry instead.
Did my negotiation among three Honda dealers over email. Gotta give me a good price or I don't show up at your dealership...works great.
From my email...(otd is "Out The Door").
---------------------------------------------
Mr. Beartrkkr,
I have gotten with XXXXX he said we can sell the accord at 21500 plus fees that will put us 22367 otd. I look forward to earning your business!!
XXX XXXXXXXX
Sales Manager
Btw is the SE considered the sport?...on drop downs for trims it lists a sport not the SE. Or there are no more left
Nissan Versa can be dirt-cheap if you can drive a stick. Add an automatic trans and its value starts to slide, though. I'm mainly mentioning it because the interior is surprisingly big.
Have you looked at a Hyundai Sonata
"With last year's family-sedan pick, the Nissan Altima, due for a redesign soon, we chose the four-cylinder Sonata as a more affordable alternative to the Camry Hybrid. For less than $22,000, the Sonata provides a roomy, well-equipped cabin, supple ride, nimble handling, and thrifty 27 mpg overall. And despite its swoopy, coupelike styling, the Sonata still provides decent rear-seat room and rear visibility, unlike many other cars today." Price: $21,800.
It's in your price range and got great reviews from CR. For your kind of money, you have options outside the Honda.
Subaru Impreza and Hyundai Sonata to start.
I would make sure you qualify for their low interest at Honda before you purchase. If you're concerned I would look at qualifying for a loan at your bank or credit union first. Penfed has loans for used cars around 1.49%
https://www.penfed.org/Auto-Loans...r-10312012
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Btw is the SE considered the sport?...on drop downs for trims it lists a sport not the SE. Or there are no more left
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