Need Advice On Buying a Car

Discussion in 'Happy Hour' started by Extra Point, Mar 30, 2020.

  1. Extra Point

    Extra Point Hall of Famer

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    I'm planning to buy a car. My only requirement is that it have a lot of leg room, which is hard to find nowadays.

    I'm 6'3" and have long legs. In most cars my knee is jammed up against the console in the middle. It seems every car has a wide one nowadays.

    I'm willing to spend up to 20K. The Honda Accord is out. I don't want an SUV because I have an elderly relative that can't step up into the vehicle if it's too high. (I guess I have two requirements)

    Does anyone have any suggestions? Does anyone have experience with the Nissan Cube?
     
  2. white is right

    white is right Hall of Famer

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    The best advice I can give is wait until this sh&$ storm is over, for the obvious medical reasons and for financial reasons.

    The economic calamity has been perceived as so bad that cash which loses value due to inflation is viewed as king so if you are paying cash or will qualify for a low interest loan you will get deals galore for your upcoming purchase. We will have deflation in the short term through price slashing on consumer goods and services, we have already seen it on fuel which is the lowest it's been since the crash of 2008, which makes it cheaper than then as the value of a dollar is much less than 12 years ago.
     
  3. Leonardfan

    Leonardfan Hall of Famer

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    I was about to say the same thing - once this all end and things get back to "normal" it should be a buyer's market. My wife and I are waiting this out as well as we will need to get a new vehicle for our growing family. If you can do your market research over the next few weeks/months and then if the timing is right the dealerships will be doing everything they can to offload the previous year's inventory for the new model year. That's my thought on this. As for cars - don't really have any great recommendations.
     
  4. CovidCrisis

    CovidCrisis Newbie

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    Funny you should post this. I just bought a brand new vehicle, about 2 or 3 weeks ago.

    You see, I had planned on buying it more towards summer, but with the economy going tits up due to COVID19, and the possibility we may experience inflation in the very near future, I thought it would be best to agree to terms now. I got a very fair reduced price because demand has tanked right now, I easily saved a couple thousand on the list price. And if currency inflates and the economy goes completely tits up in the next 18 months, I don't really care, because I've already agreed to terms and have the vehicle

    However please note that production of North American vehicles is halted. So if you're buying a Ford, Dodge, Chrysler, GM, etc. You can only buy what they have on the lot or at other dealerships. They won't be making new cars for several months.

    Not sure about European companies.

    Japan has not been as bad hit with COVID as Europe and N America, so are still manufacturing at roughly half capacity.

    Don't wait, get it right now, there is no demand and those auto companies are hurting, so they will sell their new vehicles at a loss right now due to uncertainty. I literally saved atleast 3 or 4K. Also, with the government printing fake money off, it's going to devalue what is already out there and prices will move up next year because everyone has received these benefits.
     
  5. Extra Point

    Extra Point Hall of Famer

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    I appreciate the advice guys. Unfortunately I can't wait out the market. I need a car fairly soon.
     
  6. Jimmy Chitwood

    Jimmy Chitwood Hall of Famer

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    i recommend you to check out the incredibly knowledgeable mechanic Scotty Kilmer on YouTube. he has a wealth of information, and he shares it freely, including which cars are good/bad buys and for what reasons.

    he usually posts a couple times a day, and going back through his channel should provide you with a wealth of information to consider before making a decision.
     
  7. CovidCrisis

    CovidCrisis Newbie

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    That assumes that your $ is worth the same in 1 year as it is today. Hardly a guarantee right now to be honest.

    The chance of the dealer giving you a new vehicle next year at less price than what they are charging today is 0.
     
  8. Leonardfan

    Leonardfan Hall of Famer

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    What would you recommend in terms of time frame? As soon as possible? Holdout for a month or two? Just curious. Thanks.
     
  9. white is right

    white is right Hall of Famer

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    You may be right, I was using 2008 as template but we have 2 more weeks of war time lock down at a minimum(I actually think it's closer to 6 weeks). I was thinking the stimulus package was more in terms of loans to prop up failing corporations. I really don't know what will hit the economy and trickle down to consumers beyond the proposed 1K UBI payment which is a joke for anybody that isn't a single person living in a flyover state. In NYC 1K is a small apartment in Brooklyn, of course if sh&^ really hits the fan rent strikes might all become the rage and "evil" landlords may have to eat or discount rent payments through this crisis.

    The whole economy may grind to a halt like a car engine without fuel, ie 1929......
     
    Last edited: Mar 31, 2020
  10. werewolf

    werewolf Hall of Famer

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    Watch Scotty Kilmer on Youtube. He gives lots of straight dope on cars. My problem is finding vehicles with adequate headroom.
     
  11. Extra Point

    Extra Point Hall of Famer

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    Well. I'm going to look at a 2011 Nissan Cube tomorrow. Only 38,000 miles on it but the dealer says it's in top end condition. Fully loaded, though that doesn't mean much to me. I just want transportation.

    The only problem is the manager is asking 9,300, which I thought was high for a 9 year old car. He doesn't seem willing to budge. Edmunds has it at 7,000.

    However, I've looked at a number of cars but all of the ones I looked at don't have enough leg room and my knee gets jammed against something. I've been in a Cube before so I don't think that will be a problem.
     
  12. davidholly

    davidholly Mentor

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    You might try looking at Enterprise. They move on from their cars after 2-3 years and you can easily get a newer car for $11k with only 40k miles. Some people get turned off by the idea of buying from a car rental place but I've known a few people who got good deals.
     
  13. Extra Point

    Extra Point Hall of Famer

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    Thanks for advice. Will check it out.
     
  14. werewolf

    werewolf Hall of Famer

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    Scotty says don't do that. He says stay away from Nissan since they merged with Renault. I think Nissan is about to go bankrupt too.
     
    Last edited: Apr 24, 2020
  15. Westside

    Westside Hall of Famer

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    Scotty luvs Hondas and Toyotas. The rest are garbage and money pits for the most part.
     
  16. werewolf

    werewolf Hall of Famer

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    "Scotty luvs Hondas and Toyotas."

    Not so much Honda luv anymore, just Toyotas, and even some of them not so much anymore.
     
    Last edited: Apr 25, 2020

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