I needed to get new cars-one of me and one for my now-16 year old. Drove numerous makes/models, but I must say the new Infiniti rocks. Anyone else recently test driving cars?
Personally I wouldn't spend 6 digits on any car for my child, and I'd probably make them pay half.
I went to a school were a large number of kids got a new car from mommy and daddy when they turned 16. A large number of those had trashed or totalled the cars before graduation. The number that really appreciated the vehicle and cared for it was about 0%.
Plus, as a matter of practice I don't buy new. I have bought new but I've since bought 3 cars that were 1 yr old for 10 grand off each. New car smell is intoxicating but not 10 grand intoxicating.
Quote from: guido911 on June 30, 2013, 11:53:47 PM
I needed to get new cars-one of me and one for my now-16 year old. Drove numerous makes/models, but I must say the new Infiniti rocks. Anyone else recently test driving cars?
Two people where I work bought new Ford Fusions. One is a Titanium, the other is a hybrid. Both owners seem happy with their choice.
Quote from: sgrizzle on July 01, 2013, 06:52:43 AM
Plus, as a matter of practice I don't buy new. I have bought new but I've since bought 3 cars that were 1 yr old for 10 grand off each. New car smell is intoxicating but not 10 grand intoxicating.
That should depend on how fast a model depreciates. About 10 years ago, my brother was looking for a used Honda CRV. The ones several years old were only about $3K to $4K off new retail. He bought new. This $10K off you mention, is that off MSRP or what you could have actually purchased a new car price.
I'm driving my second Nissan and have had no serious problems with either... I would assume the infitiy would be equally reliable.
What specs are you looking for? What will you use it for (towing/camping/commuting/soccer mom mobile)? Do you care if people think I this a luxury brand or an "in" car?
Buy a bike!
If you must, Nissan is the way though.
Quote from: guido911 on June 30, 2013, 11:53:47 PM
I needed to get new cars-one of me and one for my now-16 year old. Drove numerous makes/models, but I must say the new Infiniti rocks. Anyone else recently test driving cars?
Whew! What an amazing world your kid gets to live in! Lucky guy! I have been driving a 2 year old Lexus GS 350 from time to time recently (family member's). It's ok - another nice Toyota. I don't think I would care for the ride for a road trip, but around town is good. Infiniti - well,...ok, if you like Renault...(Nissan) - about the same as Lexus and Acura - all decent rides, but no better than the mainstream nameplate cars from the same companies.
I have made comments from time to time about what lousy rides the more pedestrian models used in rental fleets are. There are a few exceptions; Nissan Altima. Honda Accord and Civic. Ford Fusion was surprisingly good - and great gas mileage. Drove a Chevy Cruse two weeks ago and got about 32 mpg - carp car.
Rode in a Buick Encore last week and it was nice enough. If you like suv's/crossover types.
Get the kid a big "clunker" he can round the corners on without you getting too excited about the money lost...unless you don't care at all. Late model Grand Marquis is great for that...they are inexpensive to buy and operate and maintain - have been looking for another one and have found nice mid 2000 models for way under $10k. (Bought a cherry 1997 Gr Marq last fall for $2700!). Plus, when the corners get banged on, they don't cost that much to fix, comparatively. And even the most exclusive of gated communities will view that as a "near-luxury" car that usually is allowed in without toll...I know 'cause I have one and have actually driven through a couple without the cops chasing me down! He will get good enough gas mileage to be able to afford the necessary travel, but won't be good enough to do the type of out of control "joy riding" I did when I was a kid. (About 16 to 20 mpg for someone who doesn't drive very carefully - I get 21 to 26).
My son turns that age next year.
My plan is to buy a car for him that only holds two people. My theory is that kids will get in trouble and accidents will happen, but the driver will get in the most trouble. My second premise is that two guys can hang out together fine, but add a third guy and they act way differently.
That way, when him and his buddies act like teenagers, they will be in someone else's car.
Quote from: RecycleMichael on July 01, 2013, 11:58:24 AM
My son turns that age next year.
My plan is to buy a car for him that only holds two people. My theory is that kids will get in trouble and accidents will happen, but the driver will get in the most trouble. My second premise is that two guys can hang out together fine, but add a third guy and they act way differently.
That way, when him and his buddies act like teenagers, they will be in someone else's car.
Insurance on two seaters is a killer. I called my insurance agent last year when my daughter turned 16 and he helped me choose the right kind of car for kids. My daughter has a Nissan xTerra now. Great car and I got her one with a stick so she can't text or phone and drive.
My oldest who is 19 was given a 1993 Mazda 929 when he got his driver license. And my youngest will be driving a 1987 Mazda B2200 extended cab pickup.
I saved for and payed for my first and all of my vehicles. The most my parents did for me was co sign and that was my Mother. My Father was a never did never would kind of parent when it came to that.
That kind of attitude drove me to try and do harder than the rich kids who had the better paid for vehicles.
My fist car was a 1968 Ford LTD two door hunter green car with a 390 four barrel, duel exaust, that I put on with cherry bomb glass packs. My Dad laughed and said. Oh Ya! That's what that car was missing.
It wasn't beautiful. But I knew every scratch and dent on it. And it was all mine.
Both my boy's know that they will have to work and earn their own good credit. I wanted both of them to learn in vehicles that if by some chance they wreck. The loss won't be as great for them or me. I just feel first time drivers should at least have two years in real driving experience before getting behind high dollar payments and insurance.
Quote from: RecycleMichael on July 01, 2013, 11:58:24 AM
My son turns that age next year.
My plan is to buy a car for him that only holds two people. My theory is that kids will get in trouble and accidents will happen, but the driver will get in the most trouble. My second premise is that two guys can hang out together fine, but add a third guy and they act way differently.
That way, when him and his buddies act like teenagers, they will be in someone else's car.
Only one choice then.... 60's Beetle. Except I used to be able to get 5 into mine. And after the wreck that caved in the hood, remove the hood, and now room for 6!!
I purchased both cars, as my FB friends may know. I will catch hell from the parents in here and ragged on by others for what I got. Let's say economical was not considered.
Quote from: guido911 on July 01, 2013, 01:46:29 PM
I purchased both cars, as my FB friends may know. I will catch hell from the parents in here and ragged on by others for what I got. Let's say economical was not considered.
Any openings for surrogate children available?
Quote from: guido911 on June 30, 2013, 11:53:47 PM
I needed to get new cars-one of me and one for my now-16 year old. Drove numerous makes/models, but I must say the new Infiniti rocks. Anyone else recently test driving cars?
No need to test drive... Get a BMW M3. If the kid doesn't get arrested or kill himself he might turn out to be a good driver.
;D
Quote from: guido911 on July 01, 2013, 01:46:29 PM
I purchased both cars, as my FB friends may know. I will catch hell from the parents in here and ragged on by others for what I got. Let's say economical was not considered.
Cars and children can both be an investment. That being said, they can both offer a poor return at times.
My favorite Benjamin Franklin quote is, "Never invest in anything that requires repairs or eats."
I was talking with a local cop just before my daughter turned 16. "I'm thinking about a '71 Chrysler New Yorker," I said, "because the whole car probably costs less than the front clip on a Chevy Cavalier. Around here, it seems that whoever has the least to lose has the right of way."
He laughed and said, "And with ten bucks worth of gas, you won't have to worry about her driving out of town, either."
Quote from: sgrizzle on July 01, 2013, 02:52:10 PM
Any openings for surrogate children available?
Taking applications now.
(http://ts4.mm.bing.net/th?id=H.4901387636574211&pid=1.7)
(http://images.newcars.com/images/car-pictures/car-defaults/large/2011-infiniti-m56x.png)
Quote from: Ed W on July 01, 2013, 04:55:50 PM
Around here, it seems that whoever has the least to lose has the right of way."
Old, big cars have always had the right of way except when there is a rich lady with good insurance.
;D
Quote from: guido911 on July 01, 2013, 01:46:29 PM
I purchased both cars, as my FB friends may know. I will catch hell from the parents in here and ragged on by others for what I got. Let's say economical was not considered.
Like I said...lucky guy!! (Your kid). Wish I had a Dad like that!!
Quote from: guido911 on July 01, 2013, 05:34:45 PM
(http://ts4.mm.bing.net/th?id=H.4901387636574211&pid=1.7)
(http://images.newcars.com/images/car-pictures/car-defaults/large/2011-infiniti-m56x.png)
G37 would be nice. I know a couple people with G35s (older version of G37).
Quote from: guido911 on July 01, 2013, 05:34:45 PM
(http://ts4.mm.bing.net/th?id=H.4901387636574211&pid=1.7)
Mercedes?? Really...?? Kind of cliche', isn't it?
Quote from: Red Arrow on July 01, 2013, 07:55:12 AM
That should depend on how fast a model depreciates. About 10 years ago, my brother was looking for a used Honda CRV. The ones several years old were only about $3K to $4K off new retail. He bought new. This $10K off you mention, is that off MSRP or what you could have actually purchased a new car price.
Actual purchase price. Two retailed for 20ish new, one for 30ish.
If your car happens to also be used by rental car agencies, then you get this kind of price drop.
Quote from: Red Arrow on July 01, 2013, 06:22:33 PM
G37 would be nice. I know a couple people with G35s (older version of G37).
That there is supposed to be a M56X-Sport. Bigger engine, bigger everything over the G37. And heiron, it is cliche, but the choice was a Jeep Wrangler or this. Not an appreciable price difference, or much of a debate overall.
Quote from: heironymouspasparagus on July 01, 2013, 06:14:19 PM
Like I said...lucky guy girl!! (Your kid). Wish I had a Dad like that!!
fify.
Quote from: sgrizzle on July 01, 2013, 09:59:28 PM
If your car happens to also be used by rental car agencies, then you get this kind of price drop.
Most rental fleet cars are not the type of car I would buy for myself. You can get a bargain though if that's the kind of car you want. A Navy friend (long ago) got a full size Chevy that served him well.
Quote from: guido911 on July 02, 2013, 12:17:04 AM
fify.
Ooops...sorry...I didn't remember! Lucky girl!! Well, that makes better sense now...I can understand the motivation to "baby" the girls - I kind of did the same thing. Boys gotta be tough and scrabble/scramble for themselves! (Now THAT is a cliche'....)
Quote from: guido911 on July 02, 2013, 12:16:07 AM
That there is supposed to be a M56X-Sport. Bigger engine, bigger everything over the G37. And heiron, it is cliche, but the choice was a Jeep Wrangler or this. Not an appreciable price difference, or much of a debate overall.
A Wrangler (Wrongler...) costs the same as a Mercedes?? Geez...what has this world come to...?? Jeep is insane.
Quote from: heironymouspasparagus on July 02, 2013, 08:33:07 AM
A Wrangler (Wrongler...) costs the same as a Mercedes?? Geez...what has this world come to...?? Jeep is insane.
It was NOT your typical Wrangler. And there was only a few thousand dollars difference.
Quote from: Red Arrow on July 02, 2013, 07:42:34 AM
Most rental fleet cars are not the type of car I would buy for myself. You can get a bargain though if that's the kind of car you want. A Navy friend (long ago) got a full size Chevy that served him well.
They have trucks, jeeps, SUVs, sports cars, foreign and domestic. Haven't seen any overpriced rebadged toyotas, honda and nissans, I mean lexus, acura and infinity, though.
Quote from: guido911 on June 30, 2013, 11:53:47 PM
I needed to get new cars-one of me and one for my now-16 year old. Drove numerous makes/models, but I must say the new Infiniti rocks. Anyone else recently test driving cars?
If I was buying today I think I would get the Infinity FX50. I really want to wait until there are good options for AFVs though. Hate to buy another gasoline only car.
Quote from: sgrizzle on July 02, 2013, 03:29:13 PM
They have trucks, jeeps, SUVs, sports cars, foreign and domestic. Haven't seen any overpriced rebadged toyotas, honda and nissans, I mean lexus, acura and infinity, though.
Rebadged? Really?
(http://healingministries-dallas.com/wp-content/uploads/2012/07/green-eyed-monster.png)
;) I have owned and own Lexus and Infiniti and the last thing I think about when driving either is, "Hey, this sure is a nice Toyota/Nissan".
Quote from: guido911 on July 01, 2013, 01:46:29 PM
I purchased both cars, as my FB friends may know. I will catch hell from the parents in here and ragged on by others for what I got. Let's say economical was not considered.
And now, for something entirely different...just so you won't be disappointed that no one has ragged on you...and that was a nice subtle way to try to deflect, by the way...
(Are you a rabid, mad dog in the court room? Might need to hire you sometime...)
What are you thinking, buying a kid a car..?? Let alone an expensive 'bumper-car-target' like that? Trying to instill a sense of entitlement in that poor child? Make her think she deserves it all to be handed to her on a silver platter? Geez....no wonder the youth of today are in such trouble!! How will she ever learn the value of a dollar? Or probably most importantly, get the self satisfaction and boost to self esteem that one gets when one reaps the rewards of their own hard work and effort?? A "job well done" feedback that is direct, immediate, and measurable by the width of the smile on her face when she gets the key to her own car - not Daddy's purchase of one for her. Kind of like what you got from your first job that allowed you the purchase of a big ticket item that you did all by yourself!! Remember how good that felt? And now, to rip that away from a child...a mere baby of only 16...just starting out on life's grand adventure and not allowed to have that feeling!! Oh, the horror of it all....
Is that better? More what you expected?
Quote from: guido911 on July 02, 2013, 05:15:20 PM
Rebadged? Really?
(http://healingministries-dallas.com/wp-content/uploads/2012/07/green-eyed-monster.png)
;) I have owned and own Lexus and Infiniti and the last thing I think about when driving either is, "Hey, this sure is a nice Toyota/Nissan".
It's automatic and built in - you don't have to consciously think it...it just is!
I've been driving the GS for quite a few months now on a regular basis - have put probably a couple thousand miles on it. Nice Camry.
Quote from: heironymouspasparagus on July 02, 2013, 05:19:44 PM
And now, for something entirely different...just so you won't be disappointed that no one has ragged on you...and that was a nice subtle way to try to deflect, by the way...
(Are you a rabid, mad dog in the court room? Might need to hire you sometime...)
What are you thinking, buying a kid a car..?? Let alone an expensive 'bumper-car-target' like that? Trying to instill a sense of entitlement in that poor child? Make her think she deserves it all to be handed to her on a silver platter? Geez....no wonder the youth of today are in such trouble!! How will she ever learn the value of a dollar? Or probably most importantly, get the self satisfaction and boost to self esteem that one gets when one reaps the rewards of their own hard work and effort?? A "job well done" feedback that is direct, immediate, and measurable by the width of the smile on her face when she gets the key to her own car - not Daddy's purchase of one for her. Kind of like what you got from your first job that allowed you the purchase of a big ticket item that you did all by yourself!! Remember how good that felt? And now, to rip that away from a child...a mere baby of only 16...just starting out on life's grand adventure and not allowed to have that feeling!! Oh, the horror of it all....
Is that better? More what you expected?
Yes. And thanks. I needed/deserved that, plus keep heaping it on. But to be fair, the Mrs. had a hand in this too. ;D
Quote from: sgrizzle on July 02, 2013, 03:29:13 PM
They have trucks, jeeps, SUVs, sports cars, foreign and domestic. Haven't seen any overpriced rebadged toyotas, honda and nissans, I mean lexus, acura and infinity, though.
I don't want a truck or SUV. Jeep, just another SUV. There have always been places that rented sports cars but I never got to get one on my employers dollar. I have rented foreign and domestic and mostly they were plain vanilla, ripe for resale to people who only want transportation and don't really care too much about anything else except for cup holders. They weren't bad vehicles, just not what I would buy for myself. It has been a while since I rented a car so maybe things have changed.
Quote from: guido911 on July 02, 2013, 05:52:42 PM
Yes. And thanks. I needed/deserved that, plus keep heaping it on. But to be fair, the Mrs. had a hand in this too. ;D
You are very welcome! Always glad to help!
Trying to share the blame, huh? Well, if you would be so kind as to just show or pass that on to her, I would appreciate it!
Are you making book on when the first little ding, dent, or scrape appears on the kid's car? We could start a pool....!!??
Still...she is a lucky kid! Good Daddy!!
Quote from: heironymouspasparagus on July 02, 2013, 08:22:28 PM
Are you making book on when the first little ding, dent, or scrape appears on the kid's car? We could start a pool....!!??
I'm panicked over how close she will be parked next to my car in the garage. She can get a two-fer with little effort.
Quote from: guido911 on July 02, 2013, 10:42:59 PM
I'm panicked over how close she will be parked next to my car in the garage. She can get a two-fer with little effort.
I'd put $10 on that... by the end of August - before the start of school. In your garage!!
It wouldn't cost that much more than the car to just build another stall onto the garage....
guido,
For probably less money, she could have had transportation AND a camper - think Spring Break!! She will be going next year, won't she? Good for mud and snow, too!!
http://www.youtube.com/watch?v=56XL0TysIn0
If you really cared about your child's future well being:
(http://image.internetautoguide.com/f/celebrities/spaceballs-the-movie-1973-winnebago-eagle-v-spaceship/23181444/spaceballs-the-movie-1973-winnebago-eagle-v-spaceship.jpg)
Quote from: sgrizzle on July 03, 2013, 07:19:11 AM
If you really cared about your child's future well being:
(http://image.internetautoguide.com/f/celebrities/spaceballs-the-movie-1973-winnebago-eagle-v-spaceship/23181444/spaceballs-the-movie-1973-winnebago-eagle-v-spaceship.jpg)
I want one of those....
Infiniti turning radius sucks. Don't know why, but it absolutely sucks. I've driven several models and they are wonderful and powerful but the turning geometry is worse than driving an RV. I always like Mercedes. Drove one for over 200K miles, and it still looked and performed like new. They are also safe and reliable, built like little tanks.
In 2000 a woman pulled out in front of me while I was going down Riverside. She was in a Taurus wagen and I was in my little Mercedes. The impact literally folded the Taurus in half, and removed the grill and bumper skin from my Mercedes. Besides the shocking jolt, there was very little damage to my car, and no damage to myself. The impact was not powerful enough to even deploy an airbag. Under the bumper cover was a steel bumper that resembled an I-beam nearly a quarter of an inch thick mounted with two hydraulic shock absorbing mounts. The repair to my car consisted of a new bumper skin, grill and one headlight housing, about $700 total. Her car was totalled.
If I were looking for my kiddo, I would look for a Subaru (I like their two new models and had an outback which was awesome) or maybe a Nissan Juke.
For me... I would have to go with the Hyundai Genesis. Love the style and they are putting out good product these days.
Quote from: JCnOwasso on July 03, 2013, 09:55:14 AM
If I were looking for my kiddo, I would look for a Subaru (I like their two new models and had an outback which was awesome) or maybe a Nissan Juke.
For me... I would have to go with the Hyundai Genesis. Love the style and they are putting out good product these days.
That is an awesome car! The quality on all of their models is excellent.
Quote from: Gaspar on July 03, 2013, 09:25:50 AM
In 2000 a woman pulled out in front of me while I was going down Riverside. She was in a Taurus wagen and I was in my little Mercedes. The impact literally folded the Taurus in half, and removed the grill and bumper skin from my Mercedes. Besides the shocking jolt, there was very little damage to my car, and no damage to myself. The impact was not powerful enough to even deploy an airbag. Under the bumper cover was a steel bumper that resembled an I-beam nearly a quarter of an inch thick mounted with two hydraulic shock absorbing mounts. The repair to my car consisted of a new bumper skin, grill and one headlight housing, about $700 total. Her car was totalled.
That was because your car had the previous bumper system - her Taurus did not. (Mercedes doesn't have that now, either). It was mandatory at one time to have a bumper that could withstand 5 mph impact with NO damage. Now, you can breath hard on a bumper and cause $1000 of damage. But thank God (and Reagan) we got rid of those "unwarranted government intrusions" into auto manufacturing....!!
Quote from: JCnOwasso on July 03, 2013, 09:55:14 AM
If I were looking for my kiddo, I would look for a Subaru (I like their two new models and had an outback which was awesome) or maybe a Nissan Juke.
For me... I would have to go with the Hyundai Genesis. Love the style and they are putting out good product these days.
Haven't driven a Subaru lately (last 10 years) but they used to be the most comfortable small car made!! I loved the Legacy! Wish they would import a diesel!!!
Quote from: Gaspar on July 03, 2013, 09:25:50 AM
Infiniti turning radius sucks. Don't know why, but it absolutely sucks. I've driven several models and they are wonderful and powerful but the turning geometry is worse than driving an RV. I always like Mercedes. Drove one for over 200K miles, and it still looked and performed like new. They are also safe and reliable, built like little tanks.
In 2000 a woman pulled out in front of me while I was going down Riverside. She was in a Taurus wagen and I was in my little Mercedes. The impact literally folded the Taurus in half, and removed the grill and bumper skin from my Mercedes. Besides the shocking jolt, there was very little damage to my car, and no damage to myself. The impact was not powerful enough to even deploy an airbag. Under the bumper cover was a steel bumper that resembled an I-beam nearly a quarter of an inch thick mounted with two hydraulic shock absorbing mounts. The repair to my car consisted of a new bumper skin, grill and one headlight housing, about $700 total. Her car was totalled.
The one I bought was my second Infiniti, and one of several I have driven. Turn radius is not remotely an issue with me as far as this particular model goes (M56X-S). Before I purchased it, I tested the Mercedes E350, a BMW 550, Volvo, and nothing came close to overall performance and options. Not a slap at those fine cars, just that this Infiniti is a monster.
Lots can be learned about a vehicle by googling it. I googled "Dodge Dakota" and found they have a lot of issues, one is the heater core problems and it requires you take half the vehicle apart to service it. They build the Dodge Dakota by hanging the heater core from the ceiling in the factory and they build the truck around it. Other issues are wheel bearings fail a lot, in short they are troublesome vehicles, so I won't be buying any Dakotas.
Quote from: Gaspar on July 03, 2013, 09:25:50 AM
Infiniti turning radius sucks. Don't know why, but it absolutely sucks. I've driven several models and they are wonderful and powerful but the turning geometry is worse than driving an RV. I always like Mercedes. Drove one for over 200K miles, and it still looked and performed like new. They are also safe and reliable, built like little tanks.
In 2000 a woman pulled out in front of me while I was going down Riverside. She was in a Taurus wagen and I was in my little Mercedes. The impact literally folded the Taurus in half, and removed the grill and bumper skin from my Mercedes. Besides the shocking jolt, there was very little damage to my car, and no damage to myself. The impact was not powerful enough to even deploy an airbag. Under the bumper cover was a steel bumper that resembled an I-beam nearly a quarter of an inch thick mounted with two hydraulic shock absorbing mounts. The repair to my car consisted of a new bumper skin, grill and one headlight housing, about $700 total. Her car was totalled.
Yep those are old 5 mph bumpers they were pretty tuff, two cars with 5 mph bumpers can hit each other at 10 mph -if it's a square on hit there should be no damage. The 1970 and 1980 cars were built very strong. Today cars are designed to collapse and buckle in a impact to protect the people inside. However in a minor impact they also crumple.
Quote from: sauerkraut on July 05, 2013, 02:33:53 PM
so I won't be buying any Dakotas.
A popular sentiment. Thus they are no longer made.
Quote from: heironymouspasparagus on July 03, 2013, 01:07:45 PM
That was because your car had the previous bumper system - her Taurus did not. (Mercedes doesn't have that now, either). It was mandatory at one time to have a bumper that could withstand 5 mph impact with NO damage. Now, you can breath hard on a bumper and cause $1000 of damage. But thank God (and Reagan) we got rid of those "unwarranted government intrusions" into auto manufacturing....!!
It was a 1991. 190D
(http://upload.wikimedia.org/wikipedia/commons/thumb/e/e4/Mercedes-Benz_190_front_20081213.jpg/800px-Mercedes-Benz_190_front_20081213.jpg)
Quote from: Townsend on July 05, 2013, 03:09:23 PM
A popular sentiment. Thus they are no longer made.
Ah yes, the day late and dollar short syndrome.
Also, "You should have been here yesterday" from the "Endless Summer".
I made the same choice for my 16 year old (12 years ago) as Guido did. I found a well maintained 1986 Mercedes, 190e iirc, at a good price and figured it would last through college. Kids at his high school thought he was a drug dealer. The green eyed monster made sure that people opened their doors into his. Then it needed brakes and Mercedes loves their parts and labor.
Eventually a drunk Owasso girl, driving her grandmother's stolen vehicle late one night, crossed three lanes on 75 and ran it off the road. It was totaled. Her granny lawyered up and alleged she was run off the road by a vehicle that left the scene. My scaredy cat insurance company paid them.
Take from it what you will. I could afford it at the time and thought safety was more important than lessons on financial responsibility. I wouldn't do it again.
Quote from: AquaMan on July 06, 2013, 09:35:27 AM
Take from it what you will. I could afford it at the time and thought safety was more important than lessons on financial responsibility. I wouldn't do it again.
The Mercedes seems to be pretty good on safety....almost as good as the Grand Marquis! Even the BMW 3 series got almost as good as Grand Marquis!! (Who do you suppose is paying IIHS the most "testing" fees...?? Or maybe it's just a "Made in USA" thing for NHTSA??)
http://usnews.rankingsandreviews.com/cars-trucks/Mercury_Grand-Marquis/Safety/
http://usnews.rankingsandreviews.com/cars-trucks/Mercedes-Benz_C-Class/Safety/
Quote from: AquaMan on July 06, 2013, 09:35:27 AM
I made the same choice for my 16 year old (12 years ago) as Guido did. I found a well maintained 1986 Mercedes, 190e iirc, at a good price and figured it would last through college.
You bought your kid a 15yr old car. Guido bought a new car. How is that the same?
A. I didn't buy him a Chevy Corsica
B. I didn't make him work to pay for it
C. It was a pretty nice low mileage car even then
Quote from: AquaMan on July 06, 2013, 11:04:05 PM
A. I didn't buy him a Chevy Corsica
Aww...
(http://blu.stb.s-msn.com/i/60/1EF62F8915C87AF6A8A1B38A17D1C.jpg)
Ooooh. Its got a spoiler.....
Last Friday night. My stepson went and bought a car on his own from Jim Norton Chevy here in B.A.
He really didn't want to discuss to much about it because he was wanting to do this on his own.
He had saved up 4500 dollars and went and put it all down on a 2010 Camero.
It took the Salesman over four hours to get him financed. He does not have horrible credit just not enough to do what he was wanting to do.
Now he is on the hook for a 20 Thousand dollar loan at 18% interest. I tried to get him to not sign the final papers but apperently he was told that he already had, but he did not have possession of the car at the time he was telling us this.
He went back to the Dealership and returned with the car. His best friend was also a big player in all of this because he was with him the whole time.
It started to sink in that evening what he had done and he had a anxiety attack and could not sleep all night. He returned Saturday morning and wanted to return the car and found out that Oklahoma is one of the States that does not have a right to recission law.
The sales rep told him that he needs to keep it and have it work towards his credit rating and in a year go to a bank or credit union and refinance it at a lower rate.
Is this really how Car Dealerships have gotten? or has it been that long since I have done the new car dance?
Quote from: DolfanBob on July 09, 2013, 03:57:37 PM
Is this really how Car Dealerships have gotten? or has it been that long since I have done the new car dance?
Apparently it's been a long time. They used to be much worse.
"Keys on the roof" was a real thing.
Quote from: Townsend on July 05, 2013, 03:09:23 PM
A popular sentiment. Thus they are no longer made.
Actually no one makes the small pick-up trucks anymore, the Chevy S-10 and Colorado are history as is the Ford Ranger.
Quote from: sauerkraut on July 09, 2013, 05:04:00 PM
Actually no one makes the small pick-up trucks anymore, the Chevy S-10 and Colorado are history as is the Ford Ranger.
Their cost was almost equal to the full sized and the sales were horrendous. The manufacturers moved on.
Quote from: sauerkraut on July 09, 2013, 05:04:00 PM
Actually no one makes the small pick-up trucks anymore, the Chevy S-10 and Colorado are history as is the Ford Ranger.
They quit making the Frontier and Tacoma?
Quote from: DolfanBob on July 09, 2013, 03:57:37 PM
Now he is on the hook for a 20 Thousand dollar loan at 18% interest.
This will be a learning experience for him, an expensive one he probably will not forget.
His friend did not do a good job of sanity checking at the purchase.
Quote from: DolfanBob on July 09, 2013, 03:57:37 PM
Last Friday night. My stepson went and bought a car on his own from Jim Norton Chevy here in B.A.
He really didn't want to discuss to much about it because he was wanting to do this on his own.
He had saved up 4500 dollars and went and put it all down on a 2010 Camero.
It took the Salesman over four hours to get him financed. He does not have horrible credit just not enough to do what he was wanting to do.
Now he is on the hook for a 20 Thousand dollar loan at 18% interest. I tried to get him to not sign the final papers but apperently he was told that he already had, but he did not have possession of the car at the time he was telling us this.
He went back to the Dealership and returned with the car. His best friend was also a big player in all of this because he was with him the whole time.
It started to sink in that evening what he had done and he had a anxiety attack and could not sleep all night. He returned Saturday morning and wanted to return the car and found out that Oklahoma is one of the States that does not have a right to recission law.
The sales rep told him that he needs to keep it and have it work towards his credit rating and in a year go to a bank or credit union and refinance it at a lower rate.
Is this really how Car Dealerships have gotten? or has it been that long since I have done the new car dance?
Meh. Sounds like the makings of a civil suit...
Quote from: guido911 on July 09, 2013, 11:54:22 PM
Meh. Sounds like the makings of a civil suit...
Not unless they tricked him into it. Can't sue because you agreed to a bad deal.
I would tell him to go join a credit union (if not already) and then in about 30 days, try to refinance at the CU.
Quote from: guido911 on July 09, 2013, 09:27:45 PM
They quit making the Frontier and Tacoma?
Both have moved into a "midsized" class of truck. They are no longer considered "small" or "entry level".
If he hasn't already insured the vehicle, he may try calling the lender and telling them he will not insure it. They may back the deal out.
Worth a shot.
Quote from: sgrizzle on July 10, 2013, 07:08:03 AM
Not unless they tricked him into it. Can't sue because you agreed to a bad deal.
One of the points of the post was deception led to the bad deal. There also may be unilateral/mutual mistake. I've been down this very road a few times, Grizz.
Quote from: DolfanBob on July 09, 2013, 03:57:37 PM
Last Friday night. My stepson went and bought a car on his own from Jim Norton Chevy here in B.A.
He really didn't want to discuss to much about it because he was wanting to do this on his own.
He had saved up 4500 dollars and went and put it all down on a 2010 Camero.
It took the Salesman over four hours to get him financed. He does not have horrible credit just not enough to do what he was wanting to do.
Now he is on the hook for a 20 Thousand dollar loan at 18% interest. I tried to get him to not sign the final papers but apperently he was told that he already had, but he did not have possession of the car at the time he was telling us this.
He went back to the Dealership and returned with the car. His best friend was also a big player in all of this because he was with him the whole time.
It started to sink in that evening what he had done and he had a anxiety attack and could not sleep all night. He returned Saturday morning and wanted to return the car and found out that Oklahoma is one of the States that does not have a right to recission law.
The sales rep told him that he needs to keep it and have it work towards his credit rating and in a year go to a bank or credit union and refinance it at a lower rate.
Is this really how Car Dealerships have gotten? or has it been that long since I have done the new car dance?
That might be an illegal interest rate under usury laws. Assuming the lender who financed it is licensed to lend in Oklahoma they can exceed the usury rate of 10%, but they have to prove it is a reasonable rate under the circumstances. An attorney on the board would have to advise on how you could prove the rate was unreasonable. Personally, the rate is beyond unreasonable.
Quote from: rdj on July 10, 2013, 08:46:37 AM
That might be an illegal interest rate under usury laws. Assuming the lender who financed it is licensed to lend in Oklahoma they can exceed the usury rate of 10%, but they have to prove it is a reasonable rate under the circumstances. An attorney on the board would have to advise on how you could prove the rate was unreasonable. Personally, the rate is beyond unreasonable.
21% here in OK for auto loans. Some states are higher.
Quote from: Townsend on July 10, 2013, 09:13:46 AM
21% here in OK for auto loans. Some states are higher.
Thanks for the correction. The person-to-person rate is still 10%?
Quote from: rdj on July 10, 2013, 09:19:03 AM
Thanks for the correction. The person-to-person rate is still 10%?
I'm unaware of a 10% top off on a person to person loan.
Any of these pop-up businesses can exceed the 21% due to some loophole. There have been attempts to change that.
Quote from: DolfanBob on July 09, 2013, 03:57:37 PM
Last Friday night. My stepson went and bought a car on his own from Jim Norton Chevy here in B.A.
He really didn't want to discuss to much about it because he was wanting to do this on his own.
He had saved up 4500 dollars and went and put it all down on a 2010 Camero.
It took the Salesman over four hours to get him financed. He does not have horrible credit just not enough to do what he was wanting to do.
Now he is on the hook for a 20 Thousand dollar loan at 18% interest. I tried to get him to not sign the final papers but apperently he was told that he already had, but he did not have possession of the car at the time he was telling us this.
He went back to the Dealership and returned with the car. His best friend was also a big player in all of this because he was with him the whole time.
It started to sink in that evening what he had done and he had a anxiety attack and could not sleep all night. He returned Saturday morning and wanted to return the car and found out that Oklahoma is one of the States that does not have a right to recission law.
The sales rep told him that he needs to keep it and have it work towards his credit rating and in a year go to a bank or credit union and refinance it at a lower rate.
Is this really how Car Dealerships have gotten? or has it been that long since I have done the new car dance?
Always been that way. It's part of the game. Doesn't matter if you are a kid or an old fart. The initial qualification phase of the sales process is to figure out how much they can squeeze and what is your tolerance for outrageous financing. When/if I buy a car with credit, I visit my bank first and show up at the dealer with all of the financing already approved. I also have the final price I am willing to pay for a vehicle, and typically end up walking away, only to be called back as I get in my car to leave, or sometimes even the next day. The math is simple, each customer on the lot represents thousands of dollars in advertising expense. If one walks because you won't drop your price, you not only lose the sale, but you lose the thousands of dollars it took to get that person on your lot.
My favorite is when they come out with the little piece of paper (after negotiating price) and show you the "additional expenses" and processing fees. My standard line, is "Ok, take your little paper to your manager and make it all fit into the $22,000 I told you I was willing to spend, otherwise we are done here."
I switch cars too often, but I always take the wife and kids so they know the drill. A couple of months ago, my wife got her chance to go it alone on buying a car and did spectacular. She even got her price ($2,000 below what they advertised) at the place where they claim never to haggle. The girl handed her the policy brochure that explained how "sales people are not paid on commission and the price is the price!" but when she got in her car to drive away, a manager came running after her.
Sorry about your boy. This will serve as a great lesson for his future dealings though.
Quote from: Gaspar on July 10, 2013, 09:49:57 AM
Always been that way. It's part of the game. Doesn't matter if you are a kid or an old fart. The initial qualification phase of the sales process is to figure out how much they can squeeze and what is your tolerance for outrageous financing.
A stereotype and false.
Quote from: Townsend on July 10, 2013, 10:14:51 AM
A stereotype and false.
Agreed. I know enough people in this business to know that most of them get an enormously bad rap. Knowing where you worked Steve, you know this as well.
Quote from: guido911 on July 10, 2013, 08:45:45 AM
One of the points of the post was deception led to the bad deal. There also may be unilateral/mutual mistake. I've been down this very road a few times, Grizz.
I see no mention of deception in the story.
Quote from: Townsend on July 10, 2013, 10:14:51 AM
A stereotype and false.
Pretty sure still accurate at some of the pay-weekly places.
Having worked as the "business manager" for a new car dealership, I will say: bring your own financing if you aren't going for the funny money on a new car. Most people are unaware that the dealership gets a "buy rate" whether it's from the manufacturer's finance arm (FMC, GMAC, Chrysler Credit) or even banks they do business with and can mark up the rate. I don't know if there is a statutory limit on mark-up these days in Oklahoma but it used to be the dealer could mark up the interest rate as much as they wanted as long as the final rate to the customer fell within statutory limits (21%). If Ford said they would finance it at 11%, we could literally mark it up to 21%, and the dealer would collect the difference. IIRC, we got a certain amount of that up front and the rest was paid to the dealer as it accrued.
Quote from: sgrizzle on July 10, 2013, 10:55:13 AM
Pretty sure still accurate at some of the pay-weekly places.
That's like comparing a paycheck loan place to a bank.
Quote from: Conan71 on July 10, 2013, 11:02:49 AM
Having worked as the "business manager" for a new car dealership, I will say: bring your own financing if you aren't going for the funny money on a new car. Most people are unaware that the dealership gets a "buy rate" whether it's from the manufacturer's finance arm (FMC, GMAC, Chrysler Credit) or even banks they do business with and can mark up the rate. I don't know if there is a statutory limit on mark-up these days in Oklahoma but it used to be the dealer could mark up the interest rate as much as they wanted as long as the final rate to the customer fell within statutory limits (21%). If Ford said they would finance it at 11%, we could literally mark it up to 21%, and the dealer would collect the difference. IIRC, we got a certain amount of that up front and the rest was paid to the dealer as it accrued.
The lender calls the ball. Half a point to 2 points is standard.
Quote from: guido911 on July 10, 2013, 08:45:45 AM
One of the points of the post was deception led to the bad deal. There also may be unilateral/mutual mistake. I've been down this very road a few times, Grizz.
Deception would be pretty hard to prove as it would be hearsay from both parties.
Must judges would look at the signed docs and say to the borrower/customer: "You agreed to this by signing here, sorry..."
If the customer is unhappy, the dealer would be wise to allow the customer to back out of the deal to avoid bad publicity like this. Just depends how far an unhappy customer wants to go up the chain to make their complaint.
Quote from: Townsend on July 10, 2013, 11:05:19 AM
The lender calls the ball. Half a point to 2 points is standard.
Is VNFSC still in the car lending business?
Quote from: Conan71 on July 10, 2013, 11:07:29 AM
If the customer is unhappy, the dealer would be wise to allow the customer to back out of the deal to avoid bad publicity like this. Just depends how far an unhappy customer wants to go up the chain to make their complaint.
The most effective I've ever seen was when people stood out front of the entrance of a dealership with signs decrying the establishment.
The other, more confrontational way, is to show up on a busy Saturday and start talking loudly about getting "screwed" on the showroom so the other customers can hear. You'd get personal attention immediately.
Quote from: Conan71 on July 10, 2013, 11:08:36 AM
Is VNFSC still in the car lending business?
Not something I'm familiar with.
I have a few friends in the car biz and I even called one Friday night to try and talk a little sense into him about what was taking place.
He wanted my stepson to go online and fill out a application so that he could look at it first thing Saturday morning.
But when you have a hyped up kid that has been driving a 97 Maxima for several years and here is a beautiful 2010 Camero. Waiting 12 more hours would just be torture. My only part of any deception would be him being told the deal was already done and not have possession of the car when he was at the house telling us all about this deal.
And here is another deal breaker as far as I would be concerned. He took the car back Monday and gets it back today. After they install a GPS per the banks request.
Sorry but if you are going to stiff me with 18% interest and not trust me to pay. You shouldn't be loaning to me to begin with.
Quote from: Townsend on July 10, 2013, 10:14:51 AM
A stereotype and false.
I know you work for Danny, and my family has a long history of buying cars from him. He is and always has been good to deal with. He also makes some mean BBQ. ;-)
However, I have family and numerous friends in the business, both in the sales and service side. I have also had the pleasure of purchasing about 9 cars in the last 10 years. It's not that car dealers are dishonest in any way, they are simply attempting to get the maximum profit in the transaction. The sales staff is trained in several closing techniques to do just that. There is nothing wrong with that. In fact, I respect it.
As a consumer, it is my job to get the absolute best deal for my money, just as it is the salesperson's duty to get the maximum profit. I have simply learned to be prepared and willing to walk away if necessary.
Quote from: Gaspar on July 10, 2013, 12:36:40 PM
I know you work for Danny, and my family has a long history of buying cars from him. He is and always has been good to deal with. He also makes some mean BBQ. ;-)
However, I have family and numerous friends in the business, both in the sales and service side. I have also had the pleasure of purchasing about 9 cars in the last 10 years. It's not that car dealers are dishonest in any way, they are simply attempting to get the maximum profit in the transaction. The sales staff is trained in several closing techniques to do just that. There is nothing wrong with that. In fact, I respect it.
As a consumer, it is my job to get the absolute best deal for my money, just as it is the salesperson's duty to get the maximum profit. I have simply learned to be prepared and willing to walk away if necessary.
Worked. Not in the business anymore.
I'm never surprised to hear how much of an opinion someone has about the business when they've never been in it or were in it so long ago, that it's completely different.
I've heard "I used to be in the business" many times from people who were clueless about the business.
Your thoughts on this subject are about as valuable as your financial and political thoughts.
Quote from: Townsend on July 10, 2013, 12:42:03 PM
Worked. Not in the business anymore.
I'm never surprised to hear how much of an opinion someone has about the business when they've never been in it or were in it so long ago, that it's completely different.
I've heard "I used to be in the business" many times from people who were clueless about the business.
Your thoughts on this subject are about as valuable as your financial and political thoughts.
You seem angry?
Quote from: Gaspar on July 10, 2013, 01:22:09 PM
You seem angry?
You're an example of people who spread these rumors about the industry without any personal knowledge. Because of this, the industry has a difficult time finding and keeping valuable employees.
Without these better employees, you get dealerships who have a much lower standard for salespersons. These lower end, desperate salespersons treat people poorly and give the industry a poor name.
You said you bought 9 cars in 10 years. You think that makes you an expert? The only thing you know is that you bought 9 cars in 10 years. I doubt you have any idea what you really paid for any of those cars.
Quote from: Gaspar on July 10, 2013, 12:36:40 PM
....they are simply attempting to get the maximum profit in the transaction. The sales staff is trained in several closing techniques to do just that. There is nothing wrong with that. In fact, I respect it.
Not sure where the emotion is coming from on this one. The quote above applies to (or should apply to) any commissioned salesperson. I've been in consulting and software sales for most of my career, and it applies to me and every other salesperson I know. It's part of the job to get the best deal you can, and of course vice-verse for the buyer. Now if falsehoods are involved, or somebody is being taken advantage of due to unfair practices, that's another thing. But a salesperson is expected to (fairly) get the most he/she can out of a deal. It's the nature of the job.
Quote from: rebound on July 10, 2013, 02:17:58 PM
Not sure where the emotion is coming from on this one. The quote above applies to (or should apply to) any commissioned salesperson. I've been in consulting and software sales for most of my career, and it applies to me and every other salesperson I know. It's part of the job to get the best deal you can, and of course vice-verse for the buyer. Now if falsehoods are involved, or somebody is being taken advantage of due to unfair practices, that's another thing. But a salesperson is expected to (fairly) get the most he/she can out of a deal. It's the nature of the job.
He has a tendency to post less than informed opinions.
The
QuoteThe initial qualification phase of the sales process is to figure out how much they can squeeze and what is your tolerance for outrageous financing.
is his way of trying to sound informed about something that he is not.
Quote from: Townsend on July 10, 2013, 02:27:06 PM
He has a tendency to post less than informed opinions.
The
is his way of trying to sound informed about something that he is not.
Which is why on my last new car purchase (this week) I dealt with the same salesman that I had on my last one, and have an acquaintance in the financial department. Asked for him to do the financial and I got an ever better deal than what the salesperson gave me.
There's always a little give and take in face-to-face retail buying where a commissioned salesperson is involved. And it doesn't hurt to know someone also.
:D
Quote from: rebound on July 10, 2013, 02:17:58 PM
Not sure where the emotion is coming from on this one. The quote above applies to (or should apply to) any commissioned salesperson. I've been in consulting and software sales for most of my career, and it applies to me and every other salesperson I know. It's part of the job to get the best deal you can, and of course vice-verse for the buyer. Now if falsehoods are involved, or somebody is being taken advantage of due to unfair practices, that's another thing. But a salesperson is expected to (fairly) get the most he/she can out of a deal. It's the nature of the job.
I don't get where the emotion is flowing from either. I've been selling in some capacity for 20 years. The idea is that sales people try to get the highest profit and customers try to get the best price. There is nothing to be emotional about. Car dealerships have access to a host of financing options to present to their clients, and it is in their best interest to choose the one that will deliver the fastest and most reliable transaction based on the customer's credit. If the customer wants to purchase a vehicle for sticker, and is willing to pay 18% interest financed over 6 years, by-golly the automotive sales professional is going to ink that deal. It's his/her job.
This odd sensitivity must be springing from somewhere else.
Towney is correct that there does seem to be a stigma about car salesmen, and that stigma tends to be self perpetuating. Sorry about that.
Quote from: Hoss on July 10, 2013, 02:32:52 PM
Which is why on my last new car purchase (this week) I dealt with the same salesman that I had on my last one, and have an acquaintance in the financial department. Asked for him to do the financial and I got an ever better deal than what the salesperson gave me.
There's always a little give and take in face-to-face retail buying where a commissioned salesperson is involved. And it doesn't hurt to know someone also.
:D
So basically, you got your head torn off. ;) What did you buy this go-round?
Quote from: Gaspar on July 10, 2013, 02:58:31 PM
I don't get where the emotion is flowing from either.
When you post something you know little about maybe you should add "IMO" to show that you're not trying to come off as expert.
Sell anything for 100 years. You'll never have a clue what it's like to be in the car business.
That stigma you speak of is due, in part, to folks like you popping off with a low end insult about an entire industry you don't understand.
I was in the business for 15 years. I've seen some crazy stuff (customer and employee). The people coming onto a lot are so scared and guarded, they can't help but act like they have a mental issue. If they realize all they have to say is "no", everything would be okay.
In a few years, I won't have a clue about the business either. Stick to smoked meats and you'll do fine.
Quote from: Townsend on July 10, 2013, 03:12:17 PM
When you post something you know little about maybe you should add "IMO" to show that you're not trying to come off as expert.
Sell anything for 100 years. You'll never have a clue what it's like to be in the car business.
That stigma you speak of is due, in part, to folks like you popping off with a low end insult about an entire industry you don't understand.
I was in the business for 15 years. I've seen some crazy stuff (customer and employee). The people coming onto a lot are so scared and guarded, they can't help but act like they have a mental issue. If they realize all they have to say is "no", everything would be okay.
In a few years, I won't have a clue about the business either. Stick to smoked meats and you'll do fine.
Sorry to have hit a nerve, but this is not a new stigma that I am somehow responsible for. It's decades old and part of our culture. In many cases it's false, but in many it is also very true. Even the dealers embrace it. Sorry that it bothers you so.
Quote from: Townsend on July 10, 2013, 03:12:17 PM
When you post something you know little about maybe you should add "IMO" to show that you're not trying to come off as expert.
Sell anything for 100 years. You'll never have a clue what it's like to be in the car business.
That stigma you speak of is due, in part, to folks like you popping off with a low end insult about an entire industry you don't understand.
I was in the business for 15 years. I've seen some crazy stuff (customer and employee). The people coming onto a lot are so scared and guarded, they can't help but act like they have a mental issue. If they realize all they have to say is "no", everything would be okay.
In a few years, I won't have a clue about the business either. Stick to smoked meats and you'll do fine.
Aside from different players being in the business, I doubt much will have changed when you look back in 10-15 years.
The main differences I see today from when I was in the business is the proliferation of the internet and more value-added packages at the point of purchase (i.e. scratch protection for a year, key replacement, road side assistance, complimentary oil changes, etc.).
Quote from: Gaspar on July 10, 2013, 03:16:46 PM
Sorry to have hit a nerve, but this is not a new stigma that I am somehow responsible for. It's decades old and part of our culture. In many cases it's false, but in many it is also very true. Even the dealers embrace it. Sorry that it bothers you so.
Your repetitive "I'm an expert" posts.
You've been told about them before but we just spin our wheels with you.
At least in a non-election year, there are less of them.
Quote from: Conan71 on July 10, 2013, 03:18:24 PM
Aside from different players being in the business, I doubt much will have changed when you look back in 10-15 years.
The main differences I see today from when I was in the business is the proliferation of the internet and more value-added packages at the point of purchase (i.e. scratch protection for a year, key replacement, road side assistance, complimentary oil changes, etc.).
The numbers have a wide swing.
And the best ever used car commercial:
Quote from: Conan71 on July 10, 2013, 03:23:25 PM
And the best ever used car commercial:
Great flick. Might as well have been discussing the bible when you talked about this movie on a car lot in the 90's .
I do a lot of research and I know what cars they have available and what I should pay before I ever walk onto a lot. I use prices from other cities to counterbalance our usually higher pricing and if a place can't do a price that I think is right, that's fine. No hard feelings.
But, I think as with anything how you feel about buying a car has a lot to do with where you buy it. That Riverside/Chevy/Nissan outfit that's now called something else is the worse snakepit I have ever had the displeasure to deal with. Jackie Cooper and Don Carlton are always very nice and professional and getting a deal done with them that I feel good about hasn't ever been a problem.
My rule basically is if they yell in the ads on TV, you don't want to deal with them.
Quote from: Townsend on July 10, 2013, 03:27:50 PM
Great flick. Might as well have been discussing the bible when you talked about this movie on a car lot in the 90's .
Kinda like "Office Space" in most offices in the last 15 years.
Quote from: DolfanBob on July 09, 2013, 03:57:37 PM
It started to sink in that evening what he had done and he had a anxiety attack and could not sleep all night. He returned Saturday morning and wanted to return the car and found out that Oklahoma is one of the States that does not have a right to recission law.
The sales rep told him that he needs to keep it and have it work towards his credit rating and in a year go to a bank or credit union and refinance it at a lower rate.
Is this really how Car Dealerships have gotten? or has it been that long since I have done the new car dance?
Some are much worse, but that one in particular is VERY bad. They keep changing the name to try to deflect and get people to think they are different. but ever since that place was built, the dealers there have been very shady. I have 3 family members that have gotten sucked in at that place - even after I ranted and raved at them...maybe because I ranted and raved at them. Each said later they wished they had listened. Expensive lessons are the ones you learn the best, though.
Go for the credit union method - if he joins one and gets established, he probably can refinance at 5% or so.... unless he has totally trashed his record.
I have never before had very good things to say about a car dealer, and not about to start now, but I did buy a car from a small used car dealer in BA last August and was absolutely stunned at how little hassle I got, and how well (smoothly) the transaction worked. Caveat; I paid cash, it was a rainy Saturday, and I was told I was only the 3rd person to come in that day - probably BS, but it was very slow - no one else was there at the time I was. (Flexible Auto Finance)
I have even been back to look for another vehicle, and have come close to buying one, but we were just too far apart...and it wasn't exactly what I wanted. And I noticed a few days ago, there is a 1982 Olds Cutlass in stock that I may have to go check out this weekend....
They are somehow associated with Matthews Ford in BA - I think Matthews acts like a clearinghouse for clerical work involved in the deal. And they add about $250 on every deal to cover that....it will be included in the price, but shown as a separate line item. That seemed strange to me.
And never forget, a used car dealer is still a used car dealer. Consider any transaction as a stand alone, final event.
Quote from: Townsend on July 10, 2013, 12:42:03 PM
Worked. Not in the business anymore.
I'm never surprised to hear how much of an opinion someone has about the business when they've never been in it or were in it so long ago, that it's completely different.
I've heard "I used to be in the business" many times from people who were clueless about the business.
Your thoughts on this subject are about as valuable as your financial and political thoughts.
Zing!! Take that, Gaspar!!
I have never been in the business, but have dealt with dealers from time to time. Two stand out in my memory - the guy I mentioned earlier - and the Toyota dealership that was in Tulsa in the 70's near 36th and Sheridan. Can't remember their name, but bought cars there and was impressed with the guy I dealt with. Also bought cars from Pennington Olds, later Bailey Olds. Liked the cars, but never really satisfied with the dealer experience.
Fowler in OKC seems ok, but we haven't been able to get together on a deal, despite having tried seriously twice to buy trucks from them - the attempt was a reasonable experience.
The rest I have visited have either screwed me royally on service (Reynold's Ford - Norman, OK) or just acted so badly during the process that I was repelled, left and won't go back. The Chevy at BA and 145th East Avenue. And the one just south of I-44 on east side of Memorial, and the big flag guy on west side of river.
I have an agenda when I shop for a vehicle. I find what I want online, I go down to the lot to see and test drive. If I like what I see and feel I go to attempt the deal. I give them my keys to evaluate the trade, and promptly ask for my keys when they are done. If at any point they keep me sitting for longer than I consider reasonable, the deal is done and I walk out. If they say that someone else is interested in the vehicle, I say that apparently their dealership is not interested in my money and leave. I believe in negotiating in good faith, it is the way I have been trained.
With that being said, I have had great dealings with Jackie Cooper, Imports and BMW/Mini in OKC, Bob Moore Subaru in OKC, and Honda of BVille. I refuse to deal with dealerships that use their kids in commercials.