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New car buying guide: the algorithm (2021)

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

#71

Post by resolutebat »

kylehotchkiss wrote: post #28

Auto dealers sell to commercial customers as well and I'd like to think they don't play this stupid game with them. Does anybody have any tips about how to pretend to be a commercial customer to maybe get better deals?

I'm pretty sure they do, and they make even more money because the guy buying the car for the company isn't using his own money. Lots of tradesman in Australia drive enormous shiny blingmobile trucks maxed out with every available option, because they can be written off as a business expense.

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

#72

Post by nmeofthestate »

herbst wrote: 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?

I want adaptive cruise control, reversing camera, android auto, but I'd never buy a new car or use credit to buy a car so maybe I'm just a bit less weird than you.

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

#73

Post by hef19898 »

asdaq1312512 wrote: post #61
globular-toast wrote: post #53

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.

It basically depreciates by almost 10% upon contract signature, whether or not the car is already built or not.

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

#74

Post by hef19898 »

euroderf wrote: post #63
asdaq1312512 wrote: post #61

Earlier quoted context omitted.

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.

In Europe, warranties are transferred so.

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

#75

Post by asdaq1312512 »

euroderf wrote: post #63
asdaq1312512 wrote: post #61

Earlier quoted context omitted.

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.

not sure how this is done in the US, but if you buy used from a dealer, I guess you still get a warranty on that?

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

#76

Post by jolmg »

asdaq1312512 wrote: post #61
globular-toast wrote: post #53

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.

Concerns over reliability? Some car issues can be erratic and you may not find out about them until some time later. If you buy used, there's a level of risk regarding what the car's been through with previous owners. If you have a family and/or work with a tight schedule and/or park in areas where you wouldn't like to be left stranded, you may really value reliability.

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

#77

Post by asudosandwich »

euroderf wrote: post #64
herbst wrote: 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.

Totally need that SiriusXM though.

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

#78

Post by mdavid626 »

resolutebat wrote: post #68
hef19898 wrote: post #62

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.

Well, if you live in the US, then this is true. In Europe or somewhere else, I'm not so sure.

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

#79

Post by speedgoose »

herbst wrote: 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?

The 25 years old electric cars are not great.

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

#80

Post by glimshe »

llsf wrote: 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…

You can politely say no to everything they push on you, who cares about how their face looks like. I bought my car last year and while it involved a long wait (I went there in a busy day), once it was my turn it was basically a 30 minute process to buy the car without a loan.
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