Comments on: I Bought a New Car, and Why it Was a Good Idea For Me http://cashmoneylife.com/why-i-bought-new/ Money Management, Small Business, Career Tue, 22 May 2012 21:43:35 +0000 hourly 1 http://wordpress.org/?v=3.3.2 By: Ryan http://cashmoneylife.com/why-i-bought-new/#comment-23558 Ryan Fri, 07 May 2010 15:42:05 +0000 http://cashmoneylife.com/2007/11/16/why-i-bought-new/#comment-23558 Jim, I understand your comment, but based on my situation, I felt it was the best option at the time. The used car market where I was (and in the surrounding states) was flooded with damaged cars from Hurricane Katrina (no pun intended). I have heard of eBay and used it for some purchases, but I'm not comfortable buying a used car sight unseen. I could have bought a used car locally, but I lived in a small town that didn't offer many options for my preferred vehicle. The nearest major city was a 2 hour drive, making it difficult to bid on a car on eBay or do a realistic use car search. I paid more, but I also got peace of mind. Jim, I understand your comment, but based on my situation, I felt it was the best option at the time. The used car market where I was (and in the surrounding states) was flooded with damaged cars from Hurricane Katrina (no pun intended).

I have heard of eBay and used it for some purchases, but I’m not comfortable buying a used car sight unseen. I could have bought a used car locally, but I lived in a small town that didn’t offer many options for my preferred vehicle. The nearest major city was a 2 hour drive, making it difficult to bid on a car on eBay or do a realistic use car search.

I paid more, but I also got peace of mind.

]]> By: Jim777 http://cashmoneylife.com/why-i-bought-new/#comment-23557 Jim777 Fri, 07 May 2010 14:42:57 +0000 http://cashmoneylife.com/2007/11/16/why-i-bought-new/#comment-23557 Don't take this the wrong way... But there is never a case where buying a NEW car from a dealership is a good idea. NEVER. Slightly Used is always a better deal. Have you ever heard of eBay?? Have you ever seen the deals you can get on eBay buying slightly used cars?? Forget looking locally for a deal... Go to eBay and you'll find amazing deals on cars in great condition that look brand new. You'll pay THOUSANDS less than at any dealership. Dealerships simply know too much about the value of their cars to ever let you get a deal. They will make you THINK your getting a deal, but trust me, your not getting the deal they make you fell your getting. Don’t take this the wrong way… But there is never a case where buying a NEW car from a dealership is a good idea. NEVER.

Slightly Used is always a better deal.

Have you ever heard of eBay?? Have you ever seen the deals you can get on eBay buying slightly used cars??

Forget looking locally for a deal… Go to eBay and you’ll find amazing deals on cars in great condition that look brand new. You’ll pay THOUSANDS less than at any dealership. Dealerships simply know too much about the value of their cars to ever let you get a deal. They will make you THINK your getting a deal, but trust me, your not getting the deal they make you fell your getting.

]]> By: Ryan http://cashmoneylife.com/why-i-bought-new/#comment-2538 Ryan Sat, 17 Nov 2007 03:44:13 +0000 http://cashmoneylife.com/2007/11/16/why-i-bought-new/#comment-2538 Mrs. Micah, at the time, the flooded cars were being transported all over the US. It is actually easier to commit the fraud by transporting the cars out of state because then the thieves could get a clean title that didn't have any reference to the car being totaled. Jeremie, I would buy a used car now, but at the time, buying new was the best option for me. I agree, though... depreciation sucks!!! ;) <em>Ryan's last blog post..</em><a href='http://cashmoneylife.com/why-i-bought-new/' rel="nofollow">I Bought a New Car, and Why it Was Good Idea For Me</a> Mrs. Micah,
at the time, the flooded cars were being transported all over the US. It is actually easier to commit the fraud by transporting the cars out of state because then the thieves could get a clean title that didn’t have any reference to the car being totaled.

Jeremie,
I would buy a used car now, but at the time, buying new was the best option for me. I agree, though… depreciation sucks!!! ;)

Ryan’s last blog post..I Bought a New Car, and Why it Was Good Idea For Me

]]> By: Mrs. Micah http://cashmoneylife.com/why-i-bought-new/#comment-2539 Mrs. Micah Sat, 17 Nov 2007 02:50:21 +0000 http://cashmoneylife.com/2007/11/16/why-i-bought-new/#comment-2539 Good point. I think that might be what I heard. Since I wasn't on the market for a car, I just ignored it. Good point. I think that might be what I heard. Since I wasn’t on the market for a car, I just ignored it.

]]> By: Jeremie http://cashmoneylife.com/why-i-bought-new/#comment-2531 Jeremie Fri, 16 Nov 2007 15:51:43 +0000 http://cashmoneylife.com/2007/11/16/why-i-bought-new/#comment-2531 I like to buy somewhat used automobiles. The ones that are 2-3 years old have dropped in price but still retain their main equity. As most people know, vehicles lose most of their “inflated value” (depreciation sucks) in the first three years. It also allows the first drivers to find out if there are any issues with the car before selling it. Until I start buying Lexus’s off the lot, I think I am cool with buying used. I like to buy somewhat used automobiles. The ones that are 2-3 years old have dropped in price but still retain their main equity. As most people know, vehicles lose most of their “inflated value” (depreciation sucks) in the first three years. It also allows the first drivers to find out if there are any issues with the car before selling it. Until I start buying Lexus’s off the lot, I think I am cool with buying used.

]]> By: Mrs. Micah http://cashmoneylife.com/why-i-bought-new/#comment-2527 Mrs. Micah Fri, 16 Nov 2007 12:10:16 +0000 http://cashmoneylife.com/2007/11/16/why-i-bought-new/#comment-2527 I think I read about the flooded automobile fraud at the time. In that situation, new is definitely the best choice (or buying used in, like, Nebraska). ;) I think I read about the flooded automobile fraud at the time. In that situation, new is definitely the best choice (or buying used in, like, Nebraska). ;)

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