Looking at new vehicles
Posted 03 April 2009 - 02:56 PM
Personally I wouldn't buy anything domestic right now. Besides the build quality and resale value often being lower, it also just seems a bit scary with how much trouble the car companies are in lately. If they stop getting bail-outs, you may end up having a car with no dealership support. Apparently the US government will cover warranties, but I'd rather just avoid the whole situation.
Posted 03 April 2009 - 03:13 PM
Posted 07 April 2009 - 02:58 PM
We might be going to Edmonton this weekend to go look and maybe test drive vehicles. We don't have many dealships here... just your basic Ford and Chev places. I definitely need something with lots of room (especially when Mark is using the truck for work and sled trips and I need something with space) and something we will love.
And it'll will be a new vehicle since the prices are a pretty good, some of the used ones I find are still somewhat up there in price with higher kms and whatnot especially for the types of vehicles we are looking at.
We won't buy just yet, just looking... But it'll be within the year... then at least we won't have to spend $$$ and Mark spend his time fixing it when something finally craps out.
I know the US vehicle situation is bad, but I don't think Canada is as bad (yet). But I shouldn't be totally scared to buy a new vehicle. I don't think anyway.
Posted 07 April 2009 - 03:56 PM
Posted 15 April 2009 - 10:19 AM
At least we are in no rush. LMAO
Posted 15 April 2009 - 10:50 AM
| Originally Posted by YoursTruly |
I know someone recommended it but why woul d you buy used unless you paid in full? If you finance a used car, your interest will be ASTRONOMICAL. Do the math and it would be better off buying new...Just my two cents....
New 2009 Lexus 400h Base model- $42,080 MSRP x 7.31% finance charge (current national rate) on a 48 month term loan. Monthly payment: $1013.72
2006 Lexus 400h AWD- $26,714 x 10.31% finance charge on a 48 month term loan. Monthly payment: $681.52
So while you'd pay slightly more to finance it, the original price difference is so much, it doesn't even compare.
Posted 19 April 2009 - 12:56 PM
We almost went for BMW X6... but we'd be unbelievable tight with money after those payments... maybe once the our truck is paid...lol.
So joy now we will have 2 vehicle payments.... woo hoo.
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