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TopicCar loans are so dumb.
streamofthesky
06/22/19 1:15:04 PM
#31:


acesxhigh posted...
wolfy42 posted...
Buying a new car is almost the same as throwing money away in my opinion.

basically, lucky for us there are a lot of idiots out there increasing our supply of cheap 5 year old cars.

I tried looking for a car a few years old and was determined to not buy a new car. But I don't know if it was the cash for clunkers program, or that hurricane in NY/NJ that apparently ruined a ton of cars, or just car dealers cornering a market....
But when I looked, anything a few years old was now "certified pre-owned" (which I learned could include former rental cars that had over 100K miles on them in just 2 years) and cost at best $1000 less than a brand new car (list price). Then you add in the discounts and stuff for a new car you can get haggling with the dealer (hate that shit, btw) and it didn't even seem like I was saving anything on the price.
I'm sure for insurance costs, it's still cheaper.

But I ended up just getting the new car, I wasn't saving any money getting the "certified pre-owned" ones. If I had a friend looking to sell a car, it would've been different. But I don't trust buying a car off some random person via an ad...
... Copied to Clipboard!
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