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Car buying advice for my teenager

Discussion in 'BBS Hangout' started by no_answer, May 18, 2023.

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Should I be able to negotiate?

  1. Yep

    11 vote(s)
    84.6%
  2. Probably No

    2 vote(s)
    15.4%
  1. Andre0087

    Andre0087 Member

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    lol...
     
  2. ThatBoyNick

    ThatBoyNick Member

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    I like Autonation's system, have bough a couple of cars from them, friends and family as well, always the smoothest experience out of any other dealerships. They have no-haggle prices, its the price you see listed + TTL

    https://www.autonation.com/
     
  3. Invisible Fan

    Invisible Fan Member

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    Market is beginning to normalize. Inventories are building for 45k+ new cars. Unfortunately economical used sedans between 15-30k are still in demand.

    It'll tank further as credit tightens even if the interest rate remains the same.

    These dealers ran up the margins a couple of years ago and they're beginning to pay the piper. Customers can't afford the gouging at higher interest rates. Some idiots are paying 1k a month in car payments...

    I'm not sure retail can find cars through delinquency as dealers and banks are sweeping them under their rug, but it's accumulating more than they can release at limited quantity.

    Toyota and Hondas are still solid, but the other brands (cough American cough) are throwing incentives as sweeteners for the higher rates.
     
    ElPigto likes this.
  4. no_answer

    no_answer Member

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    Thanks for all the advice everyone! Went last night an hour before closing, good time to go to speed up the games we learend. I had a budget sales price target and a preapproval before I walked in. I wouldnt answer how much I want to pay a month or my interest rate at this point even though they asked a lot. They tried to add a bunch of fees, lo jack, dealership fees and a delivery fee to the tune of 3-4k. No thanks. Those fees couldn't be taken off they said, but they deducted it from the sales price. We got them to credit all the fees and come down slightly on the original price and throw in 4 new tires at my target sales price. They tried to screw me in financing, I already knew what my monthy payment should be with my interest rate and they were trying to tell me it was going to be $150-$200 more. In the end, my payment was what I had estimated before I walked in. Multiple times we said we would just leave and we meant it, and there was basically an identical car at the dealership down the road we showed them and said we would leave and go there instead. (luckily we didnt have to do that because after we left, that car was off the other dealers site already sold) As soon as the new tires are on they will deliver it, my daughter has a 2016 Audi Q3 for her first car, I hope she likes it.
     
  5. peleincubus

    peleincubus Member

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    I’m sure she will love it. All that truly matters is she drives safe and it gets her to where she needs to go.
     
    no_answer likes this.
  6. no_answer

    no_answer Member

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    Agree :) She 100% had no preference so she will just be happy to have a vehicle at all.
     
  7. ElPigto

    ElPigto Member
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    OP fantastic news, glad things worked out.

    I gotta pick on you for giving your daughter a 2016 Audi though. Hope the car has under 40k miles. Those damn german's make cars really expensive to maintain and **** just breaks down just as is getting close to the 100k mark. Beautiful cars (I can afford one, but don't want the burden of maintenance costs and shitty reliability since I keep my cars long term).
     
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  8. Os Trigonum

    Os Trigonum Member
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    x2 on the Audi issue, same with used BMWs. Very expensive repair-wise. We've shifted over to Subies, Volvos, and VWs over the years and have had better luck with repairs. But good luck and congrats to you and your daughter
     
  9. DFWRocket

    DFWRocket Member

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    It's going to my 17ry old daughter who is saving for a car. We'll continue to save up while she drives the Corolla and then eventually buy her something newer..at that point the corolla will be passed on to my younger daughter.
     
    cheke64 likes this.
  10. no_answer

    no_answer Member

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    Oyyyyyy! I’ll start saving now.
     
    ElPigto likes this.
  11. Dr of Dunk

    Dr of Dunk Clutch Crew

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    Audis are usually the gift that keeps on taking. :D

    FYI : it looks like there are 3 recalls for the car (recalls are actually kind of "normal"), so you may want to see if they've been taken care of already by the dealership/previous owner. You can go here and just enter "2016 Audi Q3" and search for the existing recalls : https://www.nhtsa.gov/recalls
     
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  12. no_answer

    no_answer Member

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    Thank you! I’ll check.
     
  13. dmenacela

    dmenacela Member

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    You sell high, you will pay high. So you break even - no one can get out of this car situation net positive.
     
  14. JuanValdez

    JuanValdez Member

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    I had leased a car a couple years ago that was advertised $99/month. When we got to the end, he said it'd be $102/month. I'm like, it's 3 bucks it doesn't matter; but you have a cardboard sign sitting right there that says $99, so you're going to have to jump through whatever hoop you have to jump through to make it $99. Probably extended my tortuous time in a dealership by another hour.
     
  15. B-Bob

    B-Bob "94-year-old self-described dreamer"
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    I do have a friend who bought a shitty car from her brother for $1 and years later sold it to a friend for $2.

    But of course that doubling of her money doesn't account for maintenance, gas, or parking tickets.
     
    Blake likes this.
  16. dmenacela

    dmenacela Member

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    You sell high, you will pay high. So you break even - no one can get out of this car situation net positive.
    :D
     

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