[blueraven]

What is your opinion on buying a new car
vs. one that is a year old?
While I was looking to buy an Intrepid,
I saw them at dealers as low as $12000
for a 2000. If you would have bought it
new, the amount you owe now would still
be a lot more than that, wouldn't it?

 

[GR8WHT]

Well,

New= you break it in, you know how it was treated and maintained. Any problems that crop up you can have addressed right away.

Used=get a carfax report, talk to the previous owner, save a lot of money, but take your chance because you have little idea how the car was treated.

If is clean on carfax and its not beat up it can be a good deal. Ask the dealer if you can have a mechanic go over the car (not one of thiers).

Good luck

 

[rarewolf]

When you buy a car new, you take an immediate loss in the value of the car, as much as $2,000 instantaneously. So if you were to buy the car, say, for $23,000... drive off the lot, turn around, and drive right back in for trade, it would only be worth around $20,000. I have always disagreed with this practice, and vow to never buy a car 'brand spanking new'.

I bought my trep new, as in, I was the first titled owner (and remain the only one). However, my trep had about 7,000 miles on it. I DIDN'T take the loss of the value of the car, because since the car had been a 'dealer' car, the loss had already been absorbed, and I got somewhat of a 'discount'.

When the car has low mileage like that, it is still 'new' and being broken in, so it isn't like it is buying a car with 60,000 miles on it that could have potential problems. The difference is, if the car with 7,000 (like mine) hadn't been taken care of, you would just have to bring it in to the dealer right away to have them tweak anything as it was adjusting/breaking in.

wolf out.

 

[Intrepid98]

en I bought my Intrepid, I too got a dealer car with a few thousand miles, becaause I don't like the idea of it losing too much value the second I drive it off the lot.

Hell, these things lose enough value as it is