Comments on: 5 Reasons You Should Buy A New Car

By: I’m Saving Up To Pay Cash To Buy A Car | My Super-Charged Life

I’m Saving Up To Pay Cash To Buy A Car | My Super-Charged Life — Thu, 26 Jun 2008 11:02:55 +0000

[...] say newer instead of new because I intend to buy something used. I’ll let someone else take the big depreciation hit that occurs in the first few years after a car rolls off a dealers lot. I’ll probably be [...]

By: I’m Saving Up To Pay Cash To Buy A Car | My Super-Charged Life

I’m Saving Up To Pay Cash To Buy A Car | My Super-Charged Life — Thu, 26 Jun 2008 11:02:55 +0000

By: How do they sleep at night? Vol 1: Car Dealers and Finance Managers « Are You Going To Be This Way The Rest of The Time I Know You?

Fri, 14 Mar 2008 21:59:34 +0000

[...] 5 Reasons You Should Buy A New Car | Gather Little By Little Says: November 13, 2007 at 9:02 am [...]

By: Your page is now on StumbleUpon!

Your page is now on StumbleUpon! — Tue, 19 Feb 2008 23:37:34 +0000

[...] Your page is on StumbleUpon [...]

By: glblguy

glblguy — Mon, 10 Dec 2007 23:40:28 +0000

Hi LC. I actually got that information from a Dodge Dealership owner that I am friends with. I thought the same thing, but that isn’t what he told me. Maybe it varies based on the used car inventory or region?

Help me understand how the warrenty makes it smarter? Most 1-2 year old cars and still under warrenty AND warranties can always be purchased later. Personally, I’m not sure I’m buying the warrenty argument. Cars today are so reliable, that I seldom use the warrenty.

Thanks for jumping in an offering your perspective. I would sincerely like to hear your thoughts on the discrepancy of information we have between new and used.

By: LC

LC — Mon, 10 Dec 2007 23:16:18 +0000

My family owns a car dealership and I’ll be honest, the first “reason” is total B.S. We make more money selling used vehicles most of the time rather than new… but belive whatever you want. I personally think it’s smarter to buy a new vehicle just because of the life of the warranty.

By: glblguy

glblguy — Fri, 23 Nov 2007 01:58:01 +0000

Thanks Eddie!

By: Eddie Guerrero Picture

Eddie Guerrero Picture — Thu, 22 Nov 2007 19:16:11 +0000

Hello…Man i just love your blog, keep the cool posts comin..holy Thursday

By: Buy A New Car vs Take The Subway, Thanksgiving Feasts @ The Carnival

Buy A New Car vs Take The Subway, Thanksgiving Feasts @ The Carnival — Wed, 21 Nov 2007 15:52:30 +0000

[...] 5 Reasons You Should Buy A New Car @ Gather Little By Little [...]

By: LC

LC — Tue, 20 Nov 2007 19:21:47 +0000

Well since the dealership had 2 separate sites for new and used, and they didn’t know that I was considering both, I don’t think the “convinced” me to go new. I was just emphasizing that even within the same company, there is a large disparity between new and used pricing.

I did do a comparison before I bought the car and the used price they quoted was what was recommended on KBB. It just so happened with the rebates that were going on at the time, in addition to paying with cash, I was able to get the same deal on a new car.

In fact, after I bought the car, I looked up the KBB private party value periodically, and it was more than what I paid for up to 6 months later.

I don’t have anything against used cars, and if it makes financial sense, I’m all for it. I just think that so many people don’t even look at all their options and could be missing out on a possible good deal.

I feel like I should add that I kept my previous car for 12 years and I plan on doing the same with this one, so it’s not that I’m a new car snob, just that I like to get the best product for the money I spend.