Misc Who here works for a car dealership? - Page 6

Chiefs Pantalones · 06-27-2014, 10:33 PM

I know there is some but I forget. I have a couple questions about trading in my car or selling it privately.

**hometeam** · 06-28-2014, 10:02 AM

Quote:

Originally Posted by notorious

I look for the cars that are hard to finance, too. That cuts down on the amount of people they can sell too since most banks won't finance for an older vehicle.

Like someone said earlier, some small dealerships/people are tired of the hassle, so when they get offered something on the spot it's easier to just say "**** it".

I agree with this, my thought is its the offer, not whether its cash or check. But yes, you are right to an extent.

At any dealer who does financing the normal way (not buy here pay heres) cash wont get you anything extra.

**notorious** · 06-28-2014, 10:06 AM

Hometeam, I know I talk big about paying cash for used cars, but something has been creeping into my mind lately, and I know it's based on emotion.

Is there a good financial reason to buy a new pickup/suburban? It's hard for me to get over paying a ton of money unless I have a good basis for it.

If I can mix some solid reasoning with my rationalization I might go for it in the future.

R8RFAN · 06-28-2014, 10:10 AM

Quote:

Originally Posted by notorious

Hometeam, I know I talk big about paying cash for used cars, but something has been creeping into my mind lately, and I know it's based on emotion.

Is there a good financial reason to buy a new pickup/suburban? It's hard for me to get over paying a ton of money unless I have a good basis for it.

If I can mix some solid reasoning with my rationalization I might go for it in the future.

I can't bring myself to do it... Financially it won't hurt me at all but I can't pull the trigger...

I was dirt poor as a kid and saw my mother and father struggle to feed us and that has stuck in my mind forever...

Guess I will spend my life being a poor man with alot of money.

**hometeam** · 06-28-2014, 10:18 AM

Quote:

Originally Posted by notorious

Hometeam, I know I talk big about paying cash for used cars, but something has been creeping into my mind lately, and I know it's based on emotion.

Is there a good financial reason to buy a new pickup/suburban? It's hard for me to get over paying a ton of money unless I have a good basis for it.

If I can mix some solid reasoning with my rationalization I might go for it in the future.

There are lots of good reasons to buy new. I don't know how many apply to you.

The problem is, few of them are financial unless its something like say.. you are looking at extremely low mileage newish pre-owned ones and you can get a new one for only a little more, or that you don't plan on trading for a very long time and want to get the most life out of a vehicle.

Most reasons to buy new have to do with not potentially ending up with someone elses problem, (which could be financial, but could also be accomplished with a program vehicle etc) wanting worry free driving with warranty, wanting the newest body style or latest and greatest gadget, or just plain not wanting any one elses grimy hands all over your baby, and less to do with finances.

Eureka · 06-28-2014, 10:23 AM

Find a reputable toyota dealership and they will be straight with you.

Know what you want and ask for it.

R8RFAN · 06-28-2014, 10:24 AM

Quote:

Originally Posted by Eureka

Find a reputable toyota dealership and they will be straight with you.

Know what you want and ask for it.

I like Toyotas but they are high as hell but the resale is way up there

**notorious** · 06-28-2014, 10:37 AM

Quote:

Originally Posted by 3rd&48ers

I can't bring myself to do it... Financially it won't hurt me at all but I can't pull the trigger...

I was dirt poor as a kid and saw my mother and father struggle to feed us and that has stuck in my mind forever...

Guess I will spend my life being a poor man with alot of money.

I see my friends and their wives driving a 2013 or 14 Yukons or Pickups yet they are scraping by while I drive a modest 10 year old Yukon and I am liquid. It's amazing what saving 30-50k every 5 years does for a couple just by driving normal cars.

Being poor when you are young has great advantages. You know what you need and what you want.

I am Dave Ramsey's bitch. He owns me.

R8RFAN · 06-28-2014, 10:42 AM

Quote:

Originally Posted by notorious

I see my friends and their wives driving a 2013 or 14 Yukons or Pickups yet they are scraping by while I drive a modest 10 year old Yukon and I am liquid. It's amazing what saving 30-50k every 5 years does for a couple just by driving normal cars.

Being poor when you are young has great advantages. You know what you need and what you want.

I am Dave Ramsey's bitch. He owns me.

I agree with him mostly except the whole credit card part, I don't feel using a credit card makes me spend more because I still have to pay them off in full every month, I am blessed that I have plenty of disposable income each month though.. A person on tight finances probably should stay away from credit cards completely.

Valiant · 06-28-2014, 10:51 AM

I got a thousand below on my truck at the dealership. I took it because it burnt/leaked oil bad and some engine problems that caused me to get 11mpg. I also did not want to deal with scum that waste your time on the private market. I looked into it, there were about a 100 of my truck there not selling. So when they just said we would give you 7500, I took it.
KBB was 8500.

Chiefs Pantalones · 06-28-2014, 10:57 AM

Quote:

Originally Posted by Chiefs Pantalones

I owe $10k on my current car (bought it brand new, 2010 4Runner, bad ass condition, 14,756 miles). Two years away from paying it all off. I'm looking at trading it in for a 2014 4Runner. KBB says I could get like $28-$30k for it. Curious how it would go down lol.

NADA says 28-30 as well. This is the new one I'm looking at. http://www.larrymillertoyota.com/new...9e9211a2d1.htm

HoneyBadger · 06-28-2014, 11:21 AM

I just bought new instead of used. When it came down to financing my monthly payment was going to be the same on a brand new car vs a year old car with 13,000 miles. So buying new isn't always the worse option.

Chiefs Pantalones · 06-28-2014, 11:55 AM

Not sure if I should keep the car I have, enjoy no car payment in two years. Or trade it in for what was discussed.

ChiefsCountry · 06-28-2014, 11:58 AM

I love me some program cars. I have bought 3 of them now.

ChiefsCountry · 06-28-2014, 12:09 PM

Quote:

Originally Posted by MahiMike

My dream job. Can I ask how much capital it took to start that?

My buddy started one three years ago. The capital you need is really how much you are going to put into it, I know in Missouri though you have to sell a certain number of cars each year don't know what it is in Florida though. He does pretty well at it, his trouble is the lot situation. I think he finally might have a permanent one that he is buying.

MIAdragon · 06-28-2014, 12:25 PM

Quote:

Originally Posted by notorious

I flew the biggest car dealership owner around years ago and he told me they make more money off of used cars then new. I think financing had a lot to do with it.

He was a very nice and cool guy, so I think he was being honest.

That's always true. Pay 4k for a used car sell for 8, easy math.

06-27-2014, 10:33 PM
Chiefs Pantalones GO CHIEFS!!!!!! Join Date: Feb 2001 Location: Kansas City Casino cash: $7888717	Who here works for a car dealership? I know there is some but I forget. I have a couple questions about trading in my car or selling it privately.
Posts: 26,630

06-28-2014, 10:06 AM	#77
notorious Supporter Join Date: May 2005 Location: Who knows? Casino cash: $2355884	Hometeam, I know I talk big about paying cash for used cars, but something has been creeping into my mind lately, and I know it's based on emotion. Is there a good financial reason to buy a new pickup/suburban? It's hard for me to get over paying a ton of money unless I have a good basis for it. If I can mix some solid reasoning with my rationalization I might go for it in the future.
Posts: 83,797

06-28-2014, 10:23 AM	#80
Eureka C Chiefs once a year! Join Date: Dec 2012 Location: Cali Casino cash: $1846097	Find a reputable toyota dealership and they will be straight with you. Know what you want and ask for it.
Posts: 7,664

06-28-2014, 10:51 AM	#84
Valiant Valiant 'The Thread Killer' Join Date: Jun 2001 Location: Kansas City Casino cash: $6092380	I got a thousand below on my truck at the dealership. I took it because it burnt/leaked oil bad and some engine problems that caused me to get 11mpg. I also did not want to deal with scum that waste your time on the private market. I looked into it, there were about a 100 of my truck there not selling. So when they just said we would give you 7500, I took it. KBB was 8500.
Posts: 18,395

06-28-2014, 11:21 AM	#86
HoneyBadger The chosen one Join Date: Apr 2009 Location: OC, California Casino cash: $1135760	I just bought new instead of used. When it came down to financing my monthly payment was going to be the same on a brand new car vs a year old car with 13,000 miles. So buying new isn't always the worse option.
Posts: 3,144

06-28-2014, 11:55 AM	#87
Chiefs Pantalones GO CHIEFS!!!!!! Join Date: Feb 2001 Location: Kansas City Casino cash: $7888717	Not sure if I should keep the car I have, enjoy no car payment in two years. Or trade it in for what was discussed. __________________ Don't be fooled by my username, I'm white.
Posts: 26,630

06-28-2014, 11:58 AM	#88
ChiefsCountry The Insider Join Date: Jan 2004 Location: Lake of the Ozarks Casino cash: $1748752	I love me some program cars. I have bought 3 of them now.
Posts: 49,909