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New car buying guide: the algorithm (2021)

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Re: New car buying guide: the algorithm (2021)

#61
post #32

Bought my first new vehicle in fifteen years. Here are the steps that I took. 1. Test drove four different brands 2. Went to six banks and found out the lowest interest rate I could get. Everyone told me that it would be at a credit union but instead it was a brand new bank that apparently was hungry to get new business 3. Emailed every dealer for the brand I chose within 225 miles. 4. You want to do one thing at a t…

Jesus. I just went on autotrader, found one that looked good that I could afford to buy 3 times, went to bloke's house, stuck my head underneath, unscrewed the oil cap, shook hands, did a bank transfer, taxed it online and drove it home. Took me a day.

on top of it all, your loss of value over time is much lower.

will never understand why people would buy a new car that depreciates by 30% the very second you drive off the dealership.

Re: New car buying guide: the algorithm (2021)

#62

Earlier quoted context omitted.

Can't speak other than personally, but my step son falls into this category and doesn't hate being sold to. He and his partner have both bought a number of cars from dealerships. And he's not got that from me or his mum, we're both quite the opposite.

Maybe a cultural thing? Are you British? I don't know anyone under 40 who enjoys the process of going to a car dealership and doing the awkward dance of trying not to get ripped off. Hey, if he doesn't hate it, and gets a good deal then good for him. I just can't believe that his feeling is commonplace.

Not every sales person is trying to rip you off so. That's not what sales is, despite some actually doing it. Most sales people so, are just doing their job in acquiring customers for their business.

Edit: Cars need service and maintenance. Dealerships can, and in Europe do with the exception of used car dealerships, provide these services as well. And that is something Tesla is really bad at.

Re: New car buying guide: the algorithm (2021)

#63

Earlier quoted context omitted.

Jesus. I just went on autotrader, found one that looked good that I could afford to buy 3 times, went to bloke's house, stuck my head underneath, unscrewed the oil cap, shook hands, did a bank transfer, taxed it online and drove it home. Took me a day.

on top of it all, your loss of value over time is much lower. will never understand why people would buy a new car that depreciates by 30% the very second you drive off the dealership.

> will never understand why

Transferability of warranties ?

The idea that a warranty can be transferred seems like an urban legend.

Re: New car buying guide: the algorithm (2021)

#64
post #56

1. Find out what you want from a car 2. Realize a 25 year old car does all that 3. Just pay the few thousand in cash I may be weird but I don't get why anyone would make dept just buy a fancy car they can't afford?

Cars have had electronic ignition for at least 25 years, right ?

You don't want to mess around with timing lights and carburetor adjustments.

Re: New car buying guide: the algorithm (2021)

#65

Earlier quoted context omitted.

Jesus. I just went on autotrader, found one that looked good that I could afford to buy 3 times, went to bloke's house, stuck my head underneath, unscrewed the oil cap, shook hands, did a bank transfer, taxed it online and drove it home. Took me a day.

on top of it all, your loss of value over time is much lower. will never understand why people would buy a new car that depreciates by 30% the very second you drive off the dealership.

If you want something specific, and not just some boring base-model Corolla or whatever, buying used is very difficult.

Re: New car buying guide: the algorithm (2021)

#66
post #6

Car dealership in US are in their own league. Coming from Europe it is difficult to appreciate at first. But when you see headlines like: "Roma was purchased last month by Texas car dealership magnate Dan Friedkin, who is worth $4.1 billion." Yes, that a Texan car dealership buying the AS Roma (soccer team, Italian capital). When I came in US, I had no car, I saved money, went to dealership (Toyota) and pointed a use…

The UK is heading this way too, and I hate it. If you show up with cash to buy a car, you're looked at like you're crazy. They push, and push to get you to take out a loan. It no longer puts you in a better negotiating position to be a cash buyer, as they're making more money selling you finance than selling the car. For all of Tesla's failings, car dealerships will die out. Millennials and Gen Z _hate_ being sold to…

Anecdotally I've heard of people getting discounts from the dealer by buying on finance, then asserting the right to cancel within 14 days* and paying cash instead. AIUI the dealer doesn't have to accept the cash, and could take the car back, but then they lose the sale, so they generally just suck it up.

(* https://www.carmoola.co.uk/blog/cooling-off-period-car-finan...)

Re: New car buying guide: the algorithm (2021)

#67
post #43

10 years ago I walked in a dealership to buy a used car and employed a negotiation tactic that I had recently learned online. The problem was that the technical price negotiation worked so incredibly well that I basically got (politely) thrown out of the dealership. The tactic was simple: disarming empathy. It was a method presented by a hostage negotiator via this NPR podcast: https://www.npr.org/transcripts/1678023…

Maybe the owner figured out your game and explained it to the salesman, who then proceeded to use it on you.

Re: New car buying guide: the algorithm (2021)

#68

Earlier quoted context omitted.

Maybe a cultural thing? Are you British? I don't know anyone under 40 who enjoys the process of going to a car dealership and doing the awkward dance of trying not to get ripped off. Hey, if he doesn't hate it, and gets a good deal then good for him. I just can't believe that his feeling is commonplace.

Not every sales person is trying to rip you off so. That's not what sales is, despite some actually doing it. Most sales people so, are just doing their job in acquiring customers for their business. Edit: Cars need service and maintenance. Dealerships can, and in Europe do with the exception of used car dealerships, provide these services as well. And that is something Tesla is really bad at.

Teslas (like all EVs) need a lot less service than the average ICE, and when you do need it, you can order Tesla's mobile service to come to your house and complete most servicing right then and there.

Most Tesla service horror stories I've heard about involve major accidents requiring repairs with long waits/high prices for parts, but you get a loaner to tide you over and any decent insurance handles the bill.

Re: New car buying guide: the algorithm (2021)

#69

Earlier quoted context omitted.

Not every sales person is trying to rip you off so. That's not what sales is, despite some actually doing it. Most sales people so, are just doing their job in acquiring customers for their business. Edit: Cars need service and maintenance. Dealerships can, and in Europe do with the exception of used car dealerships, provide these services as well. And that is something Tesla is really bad at.

Teslas (like all EVs) need a lot less service than the average ICE, and when you do need it, you can order Tesla's mobile service to come to your house and complete most servicing right then and there. Most Tesla service horror stories I've heard about involve major accidents requiring repairs with long waits/high prices for parts, but you get a loaner to tide you over and any decent insurance handles the bill.

Every car needs service, repairs, part replacement. Everything physical cannot be done OTA. And Tesla sucks at that, no question about that.

And if memory serves well, the Tesla practice of providong loaner vehicles spread to almost every other garage and brand, already 30 years ago.

Re: New car buying guide: the algorithm (2021)

#70
post #32

Bought my first new vehicle in fifteen years. Here are the steps that I took. 1. Test drove four different brands 2. Went to six banks and found out the lowest interest rate I could get. Everyone told me that it would be at a credit union but instead it was a brand new bank that apparently was hungry to get new business 3. Emailed every dealer for the brand I chose within 225 miles. 4. You want to do one thing at a t…

Jesus. I just went on autotrader, found one that looked good that I could afford to buy 3 times, went to bloke's house, stuck my head underneath, unscrewed the oil cap, shook hands, did a bank transfer, taxed it online and drove it home. Took me a day.

Quite. Every other route in this thread is completely baffling.
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