Reddit buy a car

How to shop for a used car. With a few exceptions – it really doesn’t matter what car you buy. There is no secret list of good or bad …

ADMIN MOD. The Novice's guide to buying a cheap car ($3k or less) There is a technique to buying cheap cars online and not getting screwed over either financially or mechanically. For the sake of this, we’re going to assume that the absolute max budget here is $3,000 USD. I’m going to recommend certain types of cars to look at, certain ... Buying directly from Enterprise or Hertz cuts out the middle man, your local used car lot/dealership/CarMax. A good 70% (my guess) of carmax is just marked up enterprise cars. That certified preowned at the big dealership came from a wholesale auction wrecked by a Hertz renter...or a new motor cause the previous owner put …Dec 10, 2022 ... Carvana at the moment is a ripoff. They're selling used cars as if they were based models brand new off the dealer. They offer me 19k for my ...First, check your credit score, so that you know what it actually is. There is no point in speculating. Second, do not finance a used car if you can help it. Reputable entities do not give loans on such old cars. You will be stuck paying a high rate to borrow. For such a cheap car, the best thing is to pay cash.Timing belt vs. chain - most cars seem to be chains these days (pretty sure including the models you're looking at), but timing belts should be replaced every 100k or so. Brakes and tires - these are two consumables that'll cost you a few bucks sooner or later. Understand how much wear is left on both.Sep 18, 2022 ... If market is favorable and rising, then try and secure a sub 3% interest rate, modest down payment (ie 5,000 or so), and invest the rest while ...Your friend is taking WAY more risk than you are. This is the type of stuff that ruins friendships but hopefully that won’t happen. Everyone goes into these things with good intentions but a lot can happen in 18 months (you can wreck the car, fall on hard times and can’t pay for a month or two or three, etc).

Do: Research Your Purchase. Don't: Go to a Dealership Without Already Having a Financing Offer. Do: Talk to Your Insurance Agent Before You Buy. Don’t: Start …Frugal Car Buying Guide. Frugal Car Buying Guide: Plenty of people buy brand new cars, make $500+ per month in payments and pay for comprehensive auto insurance (usually about 2x the price of liability only). They buy a 40k pickup truck that is never used for hauling things or a sports car/toy at the cost of imperiling … Biggest risk area for older cars is the timing belt. Most engines are “interference engines”, which means the valves will hit the pistons if the timing belt breaks ($$$$). Replacing a timing belt is required every 60k - 100k miles (varies by car model) and is typically the most expensive maintenance item ($600 or so). I recently bought a brand new 2022 Traverse from Auto Nation for $35k. Carvana has 2020/2021 Traverse, same options, for $48k, with 10,000k+ miles. Doesn’t take a genius to figure out you’re being robbed. And don’t forget to add in that delicious double digit interest rate from Blackstone (Carvanas in house financier).Now, if you only uber 20 days per month, that's $400/month on uber. You'd then need 5 months to balance out a $2k car, another 2.5 to balance out a year of insurance, and a further 2.5 months to balance out budgeting $1k/year for repairs. In that scenario, at the end of the year, you're up $800. Then there's gas money.Nov 3, 2022 ... Looking to buy my first new car, when is the best time to buy? · Wait times are around 2-6 months. · Most units are more than likely pre-sold ... It’s prob worth $1000. I looked around at used cars (Hondas or Mazdas or Toyotas with 40-60k miles) and the used car prices are crazy. A 3-4 year old used civic is going for 19-22k, where as a new Kia Forte or Mazda is 22-25. With lower financing rates. I don’t feel good about a new car for a 16 year old.

Buying a new car is stupid. One of my friends just bought a new car a few months ago. A 2020 Mustang. And while it is pretty cool, or at least as cool as modern cars can get, I think it's the dumbest thing he's ever done. This guy is in his early 20s making $15 an hour and living with his parents.Used car costs are too high for whatever reason. A couple year old used car is almost the cost of new. With financing, it is cheaper to buy new at the end of 5 or 6 years. My mentality is buy new own for 10 years and dump at 200k or 10 year whatever come first. You get the most of warranty, wear and tear.The Prius has been reported to be the most reliable car in the north American market for at least the past ten years. (mine has ~340'000km/~215'000 miles) While EVs do have less moving parts than their ICE counterpart, they still have fluids (coolant, brake fluid, refrigerant). Reply reply. joecooool418.You want to head over to car advice or r/whatcarshouldibuy. Your credit score is amazing, so you want a apr of like 6% to 8%. Where they get you is on financing. If you can get a car loan through your credit union, that's gonna be the best bet. If you want a crossover, I would recommend looking at anything Toyota. Yes, they are where I would send my less knowledgeable friends and family to buy a car in a heartbeat, no BS like you get at dealerships. My fiance and I bought two cars recently from Carmax. Dealerships were selling the same cars for stupid amounts. We got pretty fair deals from Carmax.

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Start the car. Take 20-30 seconds and listen for any weird noises, belt squeals, strong tapping/knocking sounds from the engine, sputtering or hesitation, etc. Check the hvac controls, radio, lights, etc. Make sure the CEL / ABS lights aren't on. Drive it around and see how it feels.If you're 30 now, $50k could turn into $240k by the time you're 50, $500k by the time you're 60, $1.2M by the time you're 70. If you continue investing more than just the $50k, you'll have more money sooner. Buying the car now just means you're that much farther behind on building wealth.Sorry I’m new to Reddit. I chose this platform since car guys could probably give me some advice from their experiences with cars. I’m going to keep looking for used cars near my area 😩thank you ... Instead of using all $25,000 to buy a car, I drop $5,000 into the down payment, and finance the rest, and have invested $20,000 …I wouldn't buy a Mitsubishi with a third of that mileage. Depends on the price, I wouldn't buy a car with over 150,000 miles on it unless I planned to keep it for a while as my beater or as my project. I bought a 2000 civic at 153k. It was a stick shift and was an amazingly reliable car.Shaax-. •. People recommend the 20/4/10 rule. Only buy a car if you can afford 20% down, If financing do it for 48 months or less to stay ahead of the depreciation curve, and make sure the cost of owning it is less than 10% of your gross monthly income. Seems like a good rule to follow.

Every dealer has a different policy in regard to personal checks. If they require a certified check you can usually bring one for the amount agreed upon and any products you may buy can be paid for separately by personal check or credit card. Again, every dealer is different. Unusual-Actuator-640. • 1 yr. ago. 3.) Schedule a test drive and tell the seller if the test drive goes well you would like to have a pre-purchase inspection performed prior to purchase. If they say no, walk away from the car. Never buy a car, even from a dealership without a pre-purchase inspection from a third party mechanic. On vroom I had to get to the car page to see if it had the desired features or not). Also, Vroom charges a flat $500 for delivery whereas on Carvana you can find cars with no shipping costs at all. On the flip side, Vroom gave me a much better trade offer. Almost double (!) the Carvana offer.A subreddit for news, culture, and life on the Korean Peninsula. Welcome to everyone, including native Koreans, Korean diaspora, and foreigners. The 2021 Korea Car Buying Guide (used car focus) Hello fellow redditors and internet searchers, I’m an American living in Seoul. I have a valid USA driver’s license, a …If you are in Scottsdale, according to my experience Car Buyers Arizona is the best option for buy a used car. Car Buyers Arizona is a premier used or new automotive buying dealer who pays most of the cash for cars, trucks, RVs, SUVs and motorcycles in any condition. One call to 602.696.4570 does it all. The premium on a new car is nuts. It's unfortunate that life is throwing you this curveball where used car prices are expensive, but it's much better than coming out of grad school during a economic recession like in 2008. Do the math, and for some reason if a new car is less expensive than a used one, then go ahead. About Community. Buying a new or used car is more stressful then going to the dentist. When you use the Internet to gather information about the car buying process finding a vehicle and negotiating the best deal gets a lot easier. Created Jan 10, 2014. Restricted.For this reason, auto loans are both easier to get approved for, and tend to have lower interest rates. My car loan (that I paid off last month) had 2.79% interest (small credit union, highly recommend finding one). A personal loan I was approved for had a 12% interest rate. 4. kinovelo. r/Cars is the largest automotive enthusiast community on the Internet. We're Reddit's central hub for vehicle-related discussion, industry news, reviews, projects, DIY guides, advice, stories, and more. Start the car. Take 20-30 seconds and listen for any weird noises, belt squeals, strong tapping/knocking sounds from the engine, sputtering or hesitation, etc. Check the hvac controls, radio, lights, etc. Make sure the CEL / ABS lights aren't on. Drive it around and see how it feels.

How to shop for a used car. With a few exceptions – it really doesn’t matter what car you buy. There is no secret list of good or bad …

Toyota is worth it! I’m buying one next. Maybe March or April. Depends on car and price. I’ve spent most of my adult life buying cars at 100k or a bit less 10-15k all of them served me well in various capacities. Check out Subaru foresters I think they are the most common car still on the over 150k.Once flying high on their status as Reddit stocks, these nine penny stocks are falling back towards prior price levels. These Reddit stocks are falling back toward penny-stock pric...It is quite obviously better to buy it outright with cash. Cars are not assets. They depreciate in value - thus they are liabilities. Wealthy people do not finance liabilities. That would just be stupid. If wealthy people finance anything at all, it is to leverage assets that earn money over time. Cars do not do that. Look at what they have on the lot. If they have a lot of high resale value cars on the lot, they're buying the good stuff at acution. If all of their cars are under $10k, with a lot under $5k, move on. 11. Obviously, test drive the car. Drive it at different speeds up to highway speeds. Yes taxes, fees, and insurance are higher with the 2024 one but I can’t help but feel like buying a used car in this market is a bad idea. It’s hurting my brain, because everything I’ve ever been told and what I’ve believed my whole life seems flipped right now. I’d rather find a $10k-$15k used 2018-2019 car but those don’t exist. The secret to buying a used car from a private party is to buy one from somebody that is 40+ years old (can be younger if it's a woman) and has plenty of money. They probably just bought a new Tahoe or whatever, and the car they've well maintained for the last 10+ years is finally up for sale. It’s prob worth $1000. I looked around at used cars (Hondas or Mazdas or Toyotas with 40-60k miles) and the used car prices are crazy. A 3-4 year old used civic is going for 19-22k, where as a new Kia Forte or Mazda is 22-25. With lower financing rates. I don’t feel good about a new car for a 16 year old. Have someone look under the car with a bright flashlight and check underneath to make sure its not rusted out badly. What’s your budget Make sure the car you like isn’t overpriced for its age. Like a 2005 car being $15000 while a 2013 car is $10000. Read the add or check out the car in person.

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Reddit is a popular social media platform that has gained immense popularity over the years. With millions of active users, it is an excellent platform for promoting your website a...once a price is agreed upon go with the seller to your local DOL to finalize the sale. Have a cashiers check or cash and go into the DOL with the seller to hand over the title and get everything transferred to your name ON THE SPOT-WITH THE OWNER. This way you know it’s all legit and done.Sep 17, 2021 ... Yes, 100k is not high mileage and is a myth put in place from dealerships to get you to buy new cars. A toyota avalon with proper maintenance ...Once flying high on their status as Reddit stocks, these nine penny stocks are falling back towards prior price levels. These Reddit stocks are falling back toward penny-stock pric...Updated February 23, 2024. Photo: iStock. The choice between buying and leasing a car is often a tough call. On the one hand, buying involves higher monthly costs, but you own …Buying a new car virtually never makes sense from any sort of rational economic argument. Used cars have a lot more usage for the buck and tie up a lot less money that could be earning you more money. (Or, God forbid, result in less money you take out in loans. Please tell me you're not considering doing that.)Not super complicated. Those with good credit can buy new cars for between 0-2% interest rates with $0 down. Never been better to buy new cars if you have good credit. Whether new cars are a waste of money or not will continue to be argued until the end of time. Used cars, probably 2-5% for good borrowers.ADMIN MOD. Army E3, Need advice buying a new car upfront. So I'm in my first duty station and I've been thinking about buying a new car. I plan to pay it upfront from a Honda dealer. New 2020 Honda Fit LX MSRP $16,999 Tax: 4.712% I was told I could get $500 discount by being in the military Credit score: 790s.swim846. • 6 yr. ago. For me it has been worth it. My vehicle has awd and part of it broke would have been almost $2500 to fix with labor. Also ford was running a promotion where if you bought a certified used car the interest rate was 2.9% and the rate I was original offered was around 4.5. So to add the certified used ended up … So let’s talk about the good and the bad. The good: Carvana is the easiest car buying experience I’ve ever had. The process of buying the car is smooth and takes maybe 30-45 minutes total. Also, their customer service is phenomenal and they will not just screw you over. Everyone from the customer service agents to the driver were friendly. ….

Plus interest rates are often much better on new vehicles. And a new vehicle will have the warranty (or at least a longer warranty), likely require less maintenance, and be less risky than buying used. It may also be easier to get exactly what you want when buying new (options, colors, etc). 18.sigmmakappa. •. Carvana, Carmax, or anywhere you can do it online and they give you at least 90 days guarantee. I recently purchased a nice low-miles car in Carvana, …On vroom I had to get to the car page to see if it had the desired features or not). Also, Vroom charges a flat $500 for delivery whereas on Carvana you can find cars with no shipping costs at all. On the flip side, Vroom gave me a much better trade offer. Almost double (!) the Carvana offer.Not to mention taxes, and the fact that you're already behind on the rate. All that matters is the rate. If you can get a higher return than the interest rate on the loan, finance. Otherwise pay cash. If it's equal, pay cash as you'll have to pay tax on any interest you get from the CD or HYSA, which leaves you behind. 15.InvestorPlace - Stock Market News, Stock Advice & Trading Tips If you think Reddit is only a social media network, you’ve missed one of... InvestorPlace - Stock Market N...I recently bought a brand new 2022 Traverse from Auto Nation for $35k. Carvana has 2020/2021 Traverse, same options, for $48k, with 10,000k+ miles. Doesn’t take a genius to figure out you’re being robbed. And don’t forget to add in that delicious double digit interest rate from Blackstone (Carvanas in house financier). It’s prob worth $1000. I looked around at used cars (Hondas or Mazdas or Toyotas with 40-60k miles) and the used car prices are crazy. A 3-4 year old used civic is going for 19-22k, where as a new Kia Forte or Mazda is 22-25. With lower financing rates. I don’t feel good about a new car for a 16 year old. Supply chain during Covid means 7.9M fewer cars were produced in '20-22 vs. steady state of 2019 (~17M cars sold). That's about 16% fewer cars. Not sure how 2023 is trending but it's probably not back to the old days. Reddit buy a car, [text-1-1], [text-1-1], [text-1-1], [text-1-1], [text-1-1], [text-1-1], [text-1-1], [text-1-1], [text-1-1], [text-1-1], [text-1-1], [text-1-1], [text-1-1], [text-1-1], [text-1-1], [text-1-1], [text-1-1], [text-1-1], [text-1-1], [text-1-1], [text-1-1], [text-1-1], [text-1-1], [text-1-1], [text-1-1], [text-1-1], [text-1-1], [text-1-1], [text-1-1], [text-1-1], [text-1-1], [text-1-1], [text-1-1]