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OPINION: How much should you invest in a used vehicle?
So to start off just got my first vehicle, a 2007 Dodge Nitro SUV; 4x4, sunroof, automatic transmission, Stow and Go, 115080 miles, and got it for $3000, it runs well yet does need some work, new shift cables, and possibly engine mounts (roughly $800-$900) In my opionion if that's indeed what it needs then it's well worth the extra $900 (vehicle was originally selling for $3900)

It's Blue Book typical selling price is around $6600, to me if I stay at or below that in overall investment (minus gas, oil changes) plus cost of the car and have the car for the nexy 2-4 years, that's well worth investing $3600 into.

what about you guys, what is your vehicle, and how much would you invest in it to keep it going?!!
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I just use my old scooter lmao. It was around $500 when I bought it a year ago

If I have money I would certainly invest a better one
if you got a stable job/income, then why not buy a brand new car via car loan? you pay the bank monthly. 3900$ for a used car is huge and you cannot use the car while it is being repaired...
Florida Man 9 Okt 2018 @ 10:42pm 
Depends on the vehicle and its condition, honestly.
After my experience with second hand cars, I must say: Never buy a car that is in need of repairs ever. It doesn't pay off, especially if you wish to keep it for long. More often than not there is stuff that the seler doesn't want to fix which will cost more than you are paying for the vehicle itself. If the car was worthy 6600 dollars after repair, the owner could di it in order to hve profit himself. Keep in mind that also is not good to drive with a vehicle with failing parts. It is your and others safety that is at stake, and don't gamble on that to save few dollars.


$3500 was more or less the price range of my first car (2003 Renault Megane). I kept it for four years and in this period it cost me around its own price to repair everything that failed ( brake disks, pads, pinion-rack system, catalyser and gearbox). Particularly, the gear box broke down mid driving and could resulted in a fatal crash if I was driving fast. This from a car that came from a good dealership, which repaired a bunch of stuff for free in the first year which I'm not including in the bill here. Other maintenance costs (oil change, tire calibration, gasoline, etc) adds up too, keep this in mind.

Another one was a 2006 BMW E90 bought from particular. Very nice and cool car for $6000, in need of repairs of a bunch of stuff like you are mentioning, and similar mileage (~120k miles). You know... just the handbrake sensor and a couple of suspension covers... what a deal ! The guy sworn me that the car was in perfect state besides those minor things. Yeah... Let me tell you... what I found later in the car and what it cost to repair was not funny, including things that would fail in a incoming annual inspection. I needed the car to drive for very lengthy trips abroad too, so I insisted to repair every single thing. I could have bought a much better model for $8000 with warranty included and skip the headache instead buying this cheaper one which in the end it cost more than that within a single year.

It may cost you, but if you really want buy this car, have it checked by a third party BEFORE buying. It may cost you a bit, but if it saves you from a much more expensive bill later. No matter what promises the seller tells, after you sign the papers and this promise isn't there, the problem is all yours.

If anything, look for other options around and keep alternatives in sight. Don't let one shiny car blind you, because you may find a better deal. Also do not feel afraid to pay more, if it gives you assurance on the vehicle's quality and safety.

TL DR: Better pay more and have something really reliable than save a bit and pay lots later plus the horrible headaches and waiting for repairs.


Radene 10 Okt 2018 @ 12:09am 
Nothing. I'd own it to use it, not to sell it, so it'd be a personal expense, not an "investment".
I have worked in the automotive industry and bought and sold more cars than I can count for nearly 20 years now.

Look up your year, make, and model on "carcomplaints.com" to see what common issues they may have, especially recalls.

If there are any common issues with engine or transmission, get rid of the car as soon as possible! Transmission and serious engine issues on modern cars can often cost more than the car to repair.

Just about ANY "modern" mopar, dodge, chrysler product after Mercedes bought them is absolute garbage... Often breaking down more than Volkswagens do.

A good rule of thumb is to never invest more in the car than what the car is worth, especially if it has high miles and you don't know its history.

Hell, I will not even pay HALF a car's suggested value if there is no maintenence history to go with it.

Here's a copy and paste I did elsewhere about buying used vs new cars:

Dealerships are for buying BRAND NEW CARS ONLY!

Seriously!

And even then, a new car is still a rip-off because of how quickly they depreciate and how expensive they are to insure.

A new car will lose MULTIPLE THOUSANDS OF DOLLARS off it's price the moment you drive it off the lot!

Also avoid any sort of dealership that says they are "NO HAGGLE"... As this is just another term for them trying to rip you off to make you "FEEL" like it will be less "STRESSFUL". A lot of new cars at a dealership will have a $500-$5000 wiggle room for haggling (depending on price obviously as an $80k car will have a lot more haggle room than a bottom of the line econobox), and these "no haggle" dealerships will usually be on the high end of the price range to begin with. Gone are the days of companies like Saturn and their "manufacturer set dealer pricing", not suggested, but SET... Gawd I miss the 90s and early 2000s in that regard.



As for used cars at dealerships, I have seen all kinds of janky crap, especially at the "independent" one-off "hole in the wall" dealers that give used car salesmen their bad names:

-They will "title wash" cars (where they get a totaled or flood damaged car with a "salvage title", fix it up, then title it multiple times in different places to get rid of any trace back to a salvage title). So if you see a car with a DMV registration history that seems to jump all over the place, with little to no mileage reporting or changes, avoid it!

-Sawdust in slipping transmissions to get them off the lot and stick you with a bad transmission after any extended warranty expires.

-Putting thicker oil in the engine to stop leaks.

-dumping a quart of transmission fluid into the engine oil to stop a noisy lifter tick.

-Retreaded or "used tires"... Or terrible cheaply made Korean or Chinese tires like Kumhos or some off brand named tires that will likely get you KILLED! All to say they have "new tires" and charge you an extra $300-$500 for their under $250 tire job... THE TIRES OF A CAR ARE THE MOST IMPORTANT SAFETY DEVICE! This is NOT a place to cut costs, make sure the car has some good American, German, or Japanese made tires on it and avoid tires from China or Korea.

-used brakes, 'nuff said

-broken parts being held in by glue like body panels, door switch panels, seat panels, entire dashboards.

-stop-♥♥♥♥ in the cooling system (eventually clogs things like the heater core, a $750-$2500 job that usually involves removing the entire dashboard, and can cause overheating in the rest of the system (usually no less than $400 for a new radiator) even more if you need a new water pump, and even more if the car has a timing belt instead of timing chain.

-selling cars as "clean titles" when a decent inspection can find frame straightener marks or mismatched body panels from a collision repair, as not everyone reports collisions.

-the dealers will HOPE you are not a mechanically inclined person and tell you things like "Oh! It is supposed to be that way!" when referring to things like a broken engine mount causing the engine to lurch under the hood of the car when revved. (I've had this happen 2 different times at a Chrysler and Chevy dealership).

-Be very wary if they are pushing some sort of online "Car Check" or "Car Facts" or "auto check" reports, especially if they get nervous or start talking faster when you mention wanting to have it looked at by an actual mechanic of your choosing. As most states have LAWS saying that if you want to have a car checked out before buying that they are REQUIRED to let you have it checked out at your own cost. These online "Car Checking" sites have been in trouble multiple times for allowing dealerships to buy "clean" reports for "dirty" cars as well as only reporting what has been reported to the state DMV, as well as identity theft and other shady use of information you provide them.

-There are many more janky things out there that you need to be able to say "Hell no!" and walk away from.

-When it comes down to it, the used car dealership will often be charging you $2000-$5000+ MORE than if you just bought the exact same car from some granny or grandpa selling it at the "private party price".


DEALERSHIPS WILL RIP YOU OFF!

It is their JOB to rip you off!

The more they rip you off, the more they get paid!

Especially if you FINANCE a car you cannot afford to begin with, you are basically saying "Yeah, go ahead and charge me 20-35% more than I am already paying!"

Dealerships LOOOOOOVE pushing finance, even if you come in looking for a $3000 car, they will use every smooth and underhanded trick in the book to somehow get you into the $15,000 car... Hell they make money just off you filling out paper work (if they ask you to do a credit check or fill out a finance paper when you are paying with cash or cashiers check, tell them no, or just leave as that is a freakishly easy way to not only ding your credit report but steal your identity). Believe me, I have had to run wingman for more people than I can remember when it comes to getting a car.

And for heaven's sake don't ever TRADE-IN your car into a dealership, as they will give you 1/2 of what it is worth compared to a private party sale. (there are video compilations and stories galore about places like CARMAX and how scammy they are when it comes to trade-in prices)



Again, the absolute most important thing to look for when getting a used car is "MAINTENANCE HISTORY"!!!

If you do buy a used car from a dealership, only get one that was originally LEASED as they have to have all their maintenance kept up and documented during the lease.

If you can trace back that a used car of ANY mileage has had all the manufacturer recommended maintenance, then you know you will be getting a decently taken care of car, especially when it comes to these things: BRAKES, TRANSMISSION SERVICE, REGULAR OIL CHANGES, and COOLANT SYSTEM SERVICE.

Most people will buy a new car and NEVER service the brake fluid, coolant, or transmission fluid, meaning that by the time it is sold as a used car, all these things are original and often in bad condition with only the oil having been changed if at all.

I've done transmission services on cars with 80,000 miles (supposed to be done ever 30,000miles) that still have their original fluid (black and sludgy as hell and even the original dipstick plug from the assembly line in the pan), or coolant flushes on a car that are 15 years old and has completely broken down original coolant that is 50k out of its usefulness date that is brown and rusted to hell (supposed to be done every 30k miles or 3 years, and 50k miles and 5 years for extended fluids), and oil changes on cars that have gone 30,000 miles in between their last change (5000 mile oil changes are the average now). And this usually happens when people just start to notice a "strange issue", and by then it is usually too late.

A dealership will almost always not have the original maintenance records and go on and on about how "We already took care of it and changed all the fluids and filters" when about all they will do is an oil change and top stuff off. (my favorite is when they don't do a proper transmission service and filter change, and just ♥♥♥♥ out old fluid through the dipstick and dump in whatever nice red cheap trans fluid they got sitting around, often not the type that the car is supposed to have!)

If you can't know the history of a used car, then a dealership shouldn't be charging top dollar for it!



Now, when buying private party (meaning you are buying the car directly from the owner), remembering all the above as well, a good question to ask, MULTIPLE TIMES, is "WHY ARE YOU SELLING THIS CAR?"

What you want to hear is things like:

"We have to sell it because grandma shouldn't be driving anymore."

Or "We are moving out of state and can only bring 2 cars with us."

Or "The wife says I have too many cars."

Or "I'm deploying overseas in the military and can't have it sitting around here not getting used."

Or one of my personal favorites "I just got a new company car and the homeowners association nazis want to charge me $500 per week this one is parked by the curb."

Another personal favorite of mine is when someone is visibly SAD they are selling the car, and say things like "I want it to go to a good home" or "Take care of it, it is the best car I have ever owned!" and even pat it on the hood or roof or something like they are losing a family member.

Personally when I sell a car, I will be honest about it, especially when selling to friends as I will tell them EVERYTHING wrong with the car and why I'm selling it. I even tried to convince a friend NOT to buy my old Volkswagen from me and told him everything that was wrong with it before he did, I even offered to give him spare parts and crap I still had.

As most people don't sell a car unless there is a problem with it or they honestly cannot hold onto it any longer.

If they are selling the car and it has flat tires, or dead battery, or hasn't been run in a long time (spider webs everywhere), or they "think" there is an "easy to fix issue" with it (if it was so easy to fix, why didn't they do it?), then walk away because unless you are getting a classic you want to fix up, it will likely have BIG issues. This is a general rule of thumb thing as some cars are better than others when it comes to easy repairs or a car that has been sitting for a while.

Another thing you want to do is GET THE VIN (Vehicle Identification Number) and do a quick check at the DMV or Local AAA office or internet VIN check of choice to make sure the car you are looking at doesn't have a bunch of parking tickets or back registration or is stolen or whatever. And make sure the TITLE/Pinkslip of the car is in the name of the person actually selling it, check I.D.!!!

If they say it "Doesn't have a title" or "Only has a bill of sale" or is a "Lien Sale" car... WALK or RUN AWAY! These are usually stolen cars or a car with some sort of janky registration or legal issues. Even if it is a dream car of yours, it is not worth the bullcrap you will have to go through to legally own and title in your name.

Also, look at the area the car is being sold in. If it is some gated community with million dollar houses you are less likely to be screwed over than with some hoopty from the ghetto, again especially if it has MAINTENANCE RECORDS, as I have noticed middle class and rich people are more likely to hang onto these records to be able to sell the car at a higher price, they are also most likely to pay for the maintenance the car needs over its life as well as being more able to negotiate the lower end of a specific value, where poorer people always want to think their under-maintained hoopty is worth solid gold and will not move from the higher end or over priced value.

The worst cars I have ever bought were from people in the crappy parts of town, and the best cars I have bought were from people in upper class areas.

A great tool to have if you are going it alone, is an OBDII SCANTOOL for ANY car 1995 and newer. You can get a cheap foxwell or similar scantool off amazon for less than $60, and plug it into the cars computer OBDII port and it will tell you right away anything the car has going on sensor or computer wise.

Any car you are researching, do a quick check on https://www.carcomplaints.com/ to see if the car you are looking at has any serious issues in the engine or transmission or electrical system as these are some of the most expensive to repair, also look at "recalls" and "Technical Service Bulletins" as these all tell you what to expect down the road or if you are getting a reliable car to begin with.

Lastly, When it comes to finding out what the "Value" of a used car is, to sell or buy, you will have to do a few things. Check out "Edmunds" and "Kelly Blue Book" and "True Car" to get an AVERAGE price range, as well as getting an idea of the "average price" for a certain model and mileage off Craigslist because people often over-value their vehicles when putting them up for sale.
Diposting pertama kali oleh Annabel Lee:
♥♥♥♥♥♥♥♥♥♥♥♥♥♥, Dookface. TL;DR.

Back before the days of twitter and social media, people could actually read more than a paragraph.
Rascal 10 Okt 2018 @ 4:35am 
Diposting pertama kali oleh chiefputsi✖✖✖ 上 没什么 老挝:
if you got a stable job/income, then why not buy a brand new car via car loan? you pay the bank monthly. 3900$ for a used car is huge and you cannot use the car while it is being repaired...
Nah, screw that, buy new and have 25% of the value rinsed the second i drive it off the showroom.
But your right about buying a lemon second hand and spending more on repairs.
The middle ground, but 2nd hand with full history and one owner.

Eta, ignore all other posts and read dookfaces small novel. The boy know his stuff.
Terakhir diedit oleh Rascal; 10 Okt 2018 @ 5:05am
Get a pre-purchase inspection before you purchase a used car. Make sure you know how well he maintained the car and if there’s any problems with it.


imo, sell it and look for a used Toyota/Honda if you’re looking for a cheap indestructible daily car.

A ton of America cars hit the ♥♥♥♥♥♥♥ once they hit 100k miles.
Terakhir diedit oleh johnnySbaseballgame32@ohio.edu; 10 Okt 2018 @ 9:47am
Ralph 10 Okt 2018 @ 2:34pm 
23 year old Mercedes Benz E220 (1995 model), it already had 137k kilometers on the counter when we got it in 2002.
It's still a beast, an uncommon yet amazing car, extremely elegant, never had any crucial part failing (motor, radiator, ventilation, exhaust) and the repair cost is low.
People used to ask my parents how much they wanted for it to the point that around two years ago, on a red light, some guy asked my mom if she'd take 5k for it, while its current pricepoint is 3500 maximum.

So I'd say keeping the beauty fresh is the right call.
Diposting pertama kali oleh Zalinto:
Get a pre-purchase inspection before you purchase a used car. Make sure you know how well he maintained the car and if there’s any problems with it.


imo, sell it and look for a used Toyota/Honda if you’re looking for a cheap indestructible daily car.

A ton of America cars hit the ♥♥♥♥♥♥♥ once they hit 100k miles.

Depends on the year and financial situation of certain car companies when they are made. Fords and Chevys from the mid to late 1990s right up till the early 2000s before the market crash and recession are some of the longest lasting and most reliable cars on the road. Whereas many american cars after 2005 or so are absolute grabage because of said crashes and bailouts. I would even say these American cars are more reliable than Toyotas during this period because the Japanese and American car markets were competing with eachother heavily during this time period.

1995-2004 or so has some amazing American cars, especially on the higher end. Like ANY of the Ford "Panther Platform" cars like Ford Crown VIctorias, Mercury Grand Marquis, and Lincoln Town Cars, as these cars were built for police and livery service, they are freakishly reliable, efficient (23-29MPG with a big V8 on the highway), and last forever as I have seen ones with OVER 500,000 miles on their ORIGINAL transmission and engine, and even if there is a problem they are super cheap and easy to fix because of how many of them there were made. Same thing with the pickup trucks from Ford during these times as well.

The same can be said for many GM/Chevy vehicles from the same time as I have seen Chevy trucks that were not very well maintained still making it past 400,000 miles before needing any major (over $1000) work. The 3800 series V6 engines are freakishly reliable, and so are the LS V8 engines like the 350. I have owned a few Buicks that have gone beyond 360,000 miles like the Roadmasters and Park Avenues of the 1994-2004 time period, you can even get a park avenue ULTRA with a factory supercharger and blow the doors off idiots in riced Hondas in absolute luxury.

Alot of newer cars beyond the dates I mentioned after 9/11 and the market crash and bailouts have cut corners in design and longevity, and with the "new cellphone every year" generation, they are DESIGNING CARS TO FAIL NOW!

It is called "planned obsolescence".

So we are seeing even Japanese cars with crappy engines and transmission (I'm looking at you Honda, and NISSAN with your crappy CVT transmissions), and Chevy and Chysler/Dodge have hit rock bottom and become laughing stocks amongst mechanics and car guys (mechanics love them though because they are always in the shop). Even ford has been cheaping out on their smaller automatic transmissions for years now that often cost more than $4000 to repair because them and other companies would rather you buy a new car instead of keep the old one going. And then you have companies like TESLA that don't even want you to work on your own car now to the point states have to pass "right to repair" laws to keep companies from treating cars like proprietary cellphones.

About the only cars I'd trust "New" would be Toyota and Lexus... That's it... Though the Ford Ecoboost engines are turning out to be pretty reliable and they are getting better transmission designs but I wouldn't trust it that much till I see 10 years of high mile averages before serious repairs.
Depends on what it's been used for. ;)
Longhaul 10 Okt 2018 @ 4:37pm 
The first car i bought my self was an early 80's K-car for $300 from a dealers called "Blondies Auto Sales".... yes..... that was the name.... handed over cash, didnt do anything to it, drove it for just over 1 year then sold it for $200 to a buddy to turn into a Derby car lmfao.... man that car was fun though...
I'd say depending on how much you have stay somewhere between the 3000-7000 range generally speaking unless you find a deal you know is really good (Like some old grandma thats selling a car shes put 5000 miles on.) When i was dumb and younger I bought a 1999 Mazda millenia for 2000 had 140k miles on it wound up spending around another 2000-3000 and atleast a 100 or so hours over the next year or two keeping it running (Like I said w wasnt the brightest bulb in the box.) anyway its still broke down in my driveway.
Get a yugo. After all there motto was you go or we pay the tow.
Terakhir diedit oleh ↑↑↓↓←→←→BASelect; 10 Okt 2018 @ 6:39pm
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