Comments on: Episode #7 | Buying a Car in a Down Economy http://wealthnation.fm/episodes/episode-7-buying-a-car-in-a-down-economy/ From Dependent to Independent...We Shall Be Free! Wed, 28 Jul 2010 13:45:00 +0000 hourly 1 http://wordpress.org/?v=3.0 By: Spamboy http://wealthnation.fm/episodes/episode-7-buying-a-car-in-a-down-economy/comment-page-1/#comment-5041 Spamboy Tue, 24 Nov 2009 15:55:31 +0000 http://wealthnation.fm/?p=213#comment-5041 Hey, gang -- been meaning to comment on this episode for awhile. It came out right in the middle of my own car search, and it was helpful advice. Most of what you said I was already doing (so it was nice to get confirmation that I was going down the "right track") but you also mentioned some things that swayed my decision. For example, I had been leaning towards a lease -- instead, I shifted direction towards buying a car with some miles on it, but with a similar payment that wasn't being eaten up by lease fees. I love my new car (2008 Prius). Some advice I might add: -- Figure out the exact car you want. Don't just say, "I want a Prius." Say, "I want a Prius between 2006-2009 with x number of miles and y package." This helped me cut through the bull with dealers. -- If buying used, aim for getting single-owner vs. fleet cars. Because I zeroed in on this, I was able to get better maintenance history records. I also had the peace of mind that a non-fleet car wasn't going to be run into the ground. -- Call tons of dealers and keep notes. While it was a pain in the ass, because I called all of the Toyota dealers in a 100 mile radius, I found the perfect car with the cheapest price just south of DFW. I was just looking at my local dealers with little luck. Thanks again for this episode! Hey, gang — been meaning to comment on this episode for awhile. It came out right in the middle of my own car search, and it was helpful advice.

Most of what you said I was already doing (so it was nice to get confirmation that I was going down the “right track”) but you also mentioned some things that swayed my decision. For example, I had been leaning towards a lease — instead, I shifted direction towards buying a car with some miles on it, but with a similar payment that wasn’t being eaten up by lease fees. I love my new car (2008 Prius).

Some advice I might add:

– Figure out the exact car you want. Don’t just say, “I want a Prius.” Say, “I want a Prius between 2006-2009 with x number of miles and y package.” This helped me cut through the bull with dealers.

– If buying used, aim for getting single-owner vs. fleet cars. Because I zeroed in on this, I was able to get better maintenance history records. I also had the peace of mind that a non-fleet car wasn’t going to be run into the ground.

– Call tons of dealers and keep notes. While it was a pain in the ass, because I called all of the Toyota dealers in a 100 mile radius, I found the perfect car with the cheapest price just south of DFW. I was just looking at my local dealers with little luck.

Thanks again for this episode!

]]> By: Esteban Contreras http://wealthnation.fm/episodes/episode-7-buying-a-car-in-a-down-economy/comment-page-1/#comment-4852 Esteban Contreras Fri, 28 Aug 2009 03:44:21 +0000 http://wealthnation.fm/?p=213#comment-4852 My wife and I bought a used car from a dealership here in Dallas TX. The experience there was ok before the purchase and absolutely terrible after buying it. They were going to fix a few things but ended up fixing not even half of them. The experience overall was so lame that it made me want to never buy another car... ever. Oh and by the way, even though the car we bought is from a great Asian company, the dealership focuses on American cars. And let's just say that the company was going through a bankruptcy at the time that we bought the car. My wife and I bought a used car from a dealership here in Dallas TX. The experience there was ok before the purchase and absolutely terrible after buying it. They were going to fix a few things but ended up fixing not even half of them. The experience overall was so lame that it made me want to never buy another car… ever. Oh and by the way, even though the car we bought is from a great Asian company, the dealership focuses on American cars. And let’s just say that the company was going through a bankruptcy at the time that we bought the car.

]]> By: Jennifer Conley http://wealthnation.fm/episodes/episode-7-buying-a-car-in-a-down-economy/comment-page-1/#comment-4851 Jennifer Conley Thu, 27 Aug 2009 18:56:25 +0000 http://wealthnation.fm/?p=213#comment-4851 Wow, great article! Wow, great article!

]]> By: Gregory http://wealthnation.fm/episodes/episode-7-buying-a-car-in-a-down-economy/comment-page-1/#comment-4791 Gregory Sat, 01 Aug 2009 01:48:31 +0000 http://wealthnation.fm/?p=213#comment-4791 Great stuff about the dealer and warranty/add-on markups and just overall good material about buying a vehicle. (Did you guys mention the cash for clunkers program?) My wife and are planning on buying a house before November 30th, when the $8k government assistance expires. How about doing a similar show on buying a house? Gregory Great stuff about the dealer and warranty/add-on markups and just overall good material about buying a vehicle. (Did you guys mention the cash for clunkers program?)

My wife and are planning on buying a house before November 30th, when the $8k government assistance expires. How about doing a similar show on buying a house?

Gregory

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