• Follow us on Twitter @buckeyeplanet and @bp_recruiting, like us on Facebook! Enjoy a post or article, recommend it to others! BP is only as strong as its community, and we only promote by word of mouth, so share away!
  • Consider registering! Fewer and higher quality ads, no emails you don't want, access to all the forums, download game torrents, private messages, polls, Sportsbook, etc. Even if you just want to lurk, there are a lot of good reasons to register!

Any advice on buying a used car?

Status
Not open for further replies.
Yeah.

I think you'd look good in this 84 Camaro. It would go good with your Camaro Cut.

Cowlhoodpassengerb.JPG
 
Upvote 0
Donny, first you have to figure out what your price range is. Once you have that you can then begin to look at your options (what you need in the vehicle, miles, engine size,etc). You definately want something with a good reputation and good resale value. For instance, don't buy a Yugo or a Kia over a Honda or one of the big 3 American brands (ford/lincon/mercury,GM/chevy,Chrysler/Dodge)
 
Upvote 0
Depends what you're interested in doing....

If you're only looking to spend 2-4K to buy a beater that you'd like to last a year or two... that jsut comes down to gut instinct... Its a gamble... the engine could blow tomorrow and you'll be out your money...or in 18 mos, you might have had no problems and you can sell it for a couple hundred less than you spent.... Just how it goes.

If you're looking to spend say... 8 or 12K...(But say 5+ years old) That's what I call the "Have a Mecahninc Check it Out" range... still, no guarantees, but you can get an idea of how well the car was maintained and any expenses that are coming up....

If you're looking at buying a used car that is only 2 or 3 years old... I'd look into Certified preowned programs with warranties, etc.

Really comes down to what you want... and its hard to put "price ranges" on things because every price to value ratio is different.. and its different dealing with individuals and dealers, etc.
 
Upvote 0
I would definitely go with an older model american made car. Imports just don't look as nice when you prop them up on cinder blocks in the front yard. Plus the imports tend to have higher quality paint jobs, so the paint would not oxidize and peel off as quick. If you are lucky you may be able to find one out there that is already painted with a good coat of primer, with some fenders that don't match. good luck.

Or you can try Kelly blue book or Edmunds.com to find out the values of what you are looking at to see if they are in your price range. If you just want something dependable you cannot go wrong with an older toyota or honda in my opinion.
 
Upvote 0
My 2 cents is that when buying a car, you should never buy a new car - but rather target cars that are 2-3 years old. Thats when the depreciation curve starts to flatten out - before then its almost straight down. A new car is a depreciating asset, let someone else pay for the depreciation.
 
Upvote 0
My 2 cents is that when buying a car, you should never buy a new car - but rather target cars that are 2-3 years old. Thats when the depreciation curve starts to flatten out - before then its almost straight down. A new car is a depreciating asset, let someone else pay for the depreciation.

Do you even own a car?
 
Upvote 0
One time....

Well, actually it was my parents, but they bought a 4 year old nissan in 95. It had 30,000 miles on it so they thought they got a good deal. Only problem was the previous owner (only one by the way), never got it an oil change. They ended up spending about 1500 on it, then traded it back in.

I do like the idea of getting 2-3 , more likely 2, year old car. I got a brand new Acura RSX. It ended up being a great buy for the simple fact I got it at cost with a few extras(wheel locks, trunk liner, wheel guards). I looked up the blue book value on it and its about 18500 and I had paid 19,800 for it(22,800 sticker). So the depreciation factor was so minimal, I couldn't say no.

So unless you get a great deal on a new carm buy used.
 
Upvote 0
Status
Not open for further replies.
Back
Top