Rule of Thumb For Buying Cars
06-12-11, 06:41 PM
#31
I'm most likely going to purchase next July. Hopefully there can be a special on the veloster. The only reason why I want to buy is cause of the 100k warranty. Someone mentioned on how they were able to double the warranty, and if I can do the same, I would definitely buy.
i suggest you take an tool at Mazda3 - it is awesome car, and I bet you will be able to get a deal on it!
06-12-11, 10:07 PM
#32
Out of Warranty
I partially, but don't totally agree, Lil. There are reasons why used cars, even CPO's, depreciate......it's not just a free lunch. There is usually an element of risk involved in buying one, though the amount of risk, depending on the car's build-quality, reliability-record, service/accident history, level of owner-care, and the owner's driving habits, can vary from minimal to buying a complete lemon. Of course, some brand-new cars, especially German makes, can also have problems.
06-13-11, 09:28 AM
#33
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Wait till the end of the year. Prices are crazy and inflated now. Tr to get msrp new and as loooooow as possible used PRIVATE PARTY.
06-14-11, 10:17 AM
#34
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One general rule that way to many people don't follow is negotiate the price of the car, not the payment. Salesmen are quick to get people into a "Payment" and "how much a month can you afford" which works to their advantage. Don't go that route, talk the price of the car first.
Too many people don't understand financing and only look at the payment. If you don't understand the financing and look at the price of the car alone they can still take advantage of you with the interest rate or terms. People financing must understand it and double check the paperwork.
06-14-11, 11:48 AM
#35
Former Sponsor
It only works to their advantage for people who don't understand the payment and how the dealer comes up with the payment. I can do the math and have no problem talking payment as long as I can negotiate the terms
Too many people don't understand financing and only look at the payment. If you don't understand the financing and look at the price of the car alone they can still take advantage of you with the interest rate or terms. People financing must understand it and double check the paperwork.
Too many people don't understand financing and only look at the payment. If you don't understand the financing and look at the price of the car alone they can still take advantage of you with the interest rate or terms. People financing must understand it and double check the paperwork.
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