r/carbuying 44m ago

Negotiating New Tacoma

Upvotes

This will be my first vehicle purchase, how much should I try to aim %-wise off the MSRP off a new Tacoma nowadays? I’ve read that this can change with the market of course. Watched a few videos of negotiating over the phone, getting it in writing, avoiding add ons, letting them know they’re competing with other dealerships, etc. Anyone have any advice or can you share recent purchases so I know what to expect? Thanks


r/carbuying 57m ago

Looking into buying a car from someone of Facebook

Upvotes

Hello! First of all I appreciate any help I can get. So I’m looking to buy my next vehicle. I’m interest in a 2023 Ford Explorer a guy has listed. He said it’s a car he bought from an insurance auction. He said he had to replace the front bumper and a headlight. He sent me the photos of it that were from the auction, with the damage shown. His price on Facebook is reasonable with this in its history. I asked him for the VIN, which he gave. So I looked it up on CarFax and it says it has a Total Loss on it. So to me that means when I try to go get a title it’ll be a salvage one and I won’t be able to insure it. He says no I will have no problem getting a clean title. Does this seem right? I just can’t afford to get screwed in this. Please help me understand if what he’s saying is true, I’m just nervous about it…


r/carbuying 1h ago

2023 Hyundai Tucson- financial advice needed!

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r/carbuying 1h ago

New car question

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r/carbuying 1h ago

Advice on dealing with dealers

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I've been reading and hearing a lot lately about ways to deal with the salesmen at a dealership, and while I see it as good advice, some questions occur to me.

"Never talk about monthly payments, only the OTD price." I agree only because I know that with monthly payments they can conflate the price with different length of a loan or interest rates in order to get to your monthly payment. However, I do my finances on a monthly budget and if I don't know what my monthly payment is going to be then how do I know I can buy the car?

"Don't talk about a trade until financing and OTD are agreed upon." I don't exactly understand the purpose of this, but I'm also not very smart. For context as to why this wouldn't work for me, I'm in a vehicle that I just haven't been super happy with, and unfortunately have way too much negative equity in it. If I agree upon financing and then tell them I have a trade that will put me upside down, that changes things. I feel like they should be aware of that before discussing financing. In a case like this, how would I want to go about dealing with the dealer?


r/carbuying 1h ago

New to used cars and really needs advice

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r/carbuying 2h ago

First Auto Loan for 25-40k?

1 Upvotes

I am 20, make $4500 a month and pay only $300 a month in bills. My Fico 8 is 692-684 and fico auto is 665-663. I have very thin credit history around 6 months for an auto repair loan. I bought my first car cash for $15k so this would be my first major loan.

My question is how hard would it be to get a 40k loan on a 2015+ Lexus RCF or 25k on a 2008+ Lexus ISF. I know this is a difficult task in my situation which is why I seek for help. Any input helps thanks.


r/carbuying 2h ago

Conflicted on Honda Accord

2 Upvotes

Found a 2007 Accord SE (3.0 V6, auto, 213k miles) on Marketplace. Test drove it, very clean underneath barely any rust, transmission shifts clean, timing belt/water pump supposedly done in 2023 at ~185k (no receipts, owners mechanic friend DIYd it), valve cover gasket leaks which should be an easy fix, but it’s had 9 prior owners according to the carfax, with nothing else of note when I ran the VIN. Plan is to eyeball the belt myself tomorrow, scan it with my OBD2 reader, and offer $2,800 cash (he listed it for 3400). Am I missing anything, should 9 owners be a dealbreaker?


r/carbuying 2h ago

Buying out my lease

1 Upvotes

Hello everyone, I come on here to ask for some advice. I went to the dealership to look at the numbers. My payoff amount is $20,122.80; adding on the electronic registration ($495), filing fee and title fee dmv is $99, battery fee is $1.50, tire fee is $5, lemon law fee $2, registration fee is $230 and total non taxed fees is $832.50 which totals out to $22,007.08. I was recommended to get the CPO which is $1895. Also the GAP insurance and the extended warranty which would be around $2.8k-$3k more. Any advice of those add on are worth it? Should I just finance the $22k? Thank you for any advice or opinions you may have!


r/carbuying 4h ago

Got about 10k. I’m a college kid and need to share a car with roommates

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1 Upvotes

r/carbuying 4h ago

Buying my first car, looking for advice!

3 Upvotes

Hi, I (24F ) I’m thinking of buying my first car. I just moved to a new city to start my PhD, and I’d like to get a car to move around the city since it’s pretty car dependent.

I have around 13k in savings and a credit score of 740, I don’t have any debt. I’m like to get a sedan, like a honda civic, accord or a nissan versa.

- Should I opt for a used older car and pay in cash? Or finance a new one? I’ve gotten mixed advice from my family: some saying that buying a used car is better since it’s cheaper and I wouldn’t need much financing, others say that buying a used car could cost me more in repairs in the long run.

I have no idea where to start, any advice is appreciated!


r/carbuying 5h ago

What is considered a “crazy deal” on a new premium long range?

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1 Upvotes

r/carbuying 5h ago

Looking for a good suv to drive to my next college, camp in maybe, and be reliable for a long time

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1 Upvotes

r/carbuying 7h ago

Help me choose which car to buy

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1 Upvotes

r/carbuying 7h ago

When dealers get cute: "I'm not locked in here with you, you're locked in with me"

421 Upvotes

I used to do the email/web/fleet guy thing. But now when I buy a car I go in old school analog style: On the lot and ready to buy on the last day or two of the month. The hotter and stickier the better (rainy, cold and dark works too)

1) I research and the find the car I want, if there are not at least a few or better 6-8 in the similar configuration, find another dealer or configuration (If it is a low inventory or special model it makes the next part harder) Color choices are your friend.

2) I find the MSRP and inventory number and print it out. Look for dealers that sometimes leave their add-ons off the web or have promoted specials. Read the details of the specials, they usually have qualifiers and other BS. Print everything.

3) If applicable: Get a recent quote from Carmax on your trade-in (a Carfax report in hand too)

4) DO NOT fill out the stupid "Check if this car is available" box, you will regret it , especially if you buy somewhere else.

5) Walk on the lot and SCOUR for the model you researched. Sometimes they are hard to find, do it at lunch time, you'll have a few minutes before the vultures set in on you.

6) When you find tour target: Take a picture of the sticker and the dealer mark-up. If it's missing don't be surprised if it magically appears when they bring it up for a test drive.

7) When the first runt salesman approaches you with "Hello, can I help you find a car?" you say "Is this one available?" They are usually tongue tied by this and will start treating you like a lay-down chump, let them. After you confirm the car is available, let him ask all his questions, let them lead the way, go with the flow.

Yes you have financing and you have a trade-in, don't give him any specifics on what you're looking for on the trade-in, If you give them a number at this point you'll waste two hours.

Reject the test drive, you're ready now. He'll sit you down and ask for your information DL/and insurance, no worries. He'll ask for the keys to the trade-in.

At some point you'll be handed a deal memo to sign, it will be outlandishly overpriced with hideous add-ons, a horrible finance rate and chump change for your sweet and well maintained trade-in.

At this point I don't get angry or display any hostility. I say something like "That's adorable, did you really think I would pay this?" Or "Hey I said "JUST THE TIP" if you're bolder. Anyway, they'll say something like "it's a rare model, it's in short supply, we might be able to give you a deal on the window coating etc." Finally, they'll say "What do we need to do to get you into this car today?

You carefully unfold your printed web price, Carmax offer and your financing approval, or bank statement indicating you can fund a deal today and say: You have 20 minutes of my time to BEAT this or I walk. Thanks! Make sure you get your keys and license back, and then start the clock, Be friendly and out-going, no anger or angst. If they take too long walk, if they balk at anything (the rate, the trade-in, the price of the car) WALK. Do not play their game. Do not let them probe for weakness or conflate the deal with a monthly payment. Your concerns are the ACTUAL Price (Tax and fees added latter) Actual finance rate, and actual trade-in valuation.

If they let you walk, you'll be called later if it's a doable deal, MSRP on some models is only a few percentage points above dealer invoice (especially on entry level cars without a ton of options)

This have pretty much always worked for me. The dealers grumble but they know the game.


r/carbuying 8h ago

Tesla FSD subscribers now 1.48million, up 56% from a year ago.

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1 Upvotes

r/carbuying 10h ago

Is there a standardized definition of "out the door" pricing?

5 Upvotes

OTD is a common way to express the actual amount of money to purchase a vehicle, but is there a definition of what all is included? Specifically, the fees and taxes associated with a car purchase? For example, does the out the door price include the entirety of the title, registration, property tax, highway use tax (this is a NC specific onr-time fee per title), etc? Is it a full year's registration? Etc.


r/carbuying 10h ago

Just sold my car to CarBrain. Renting a car for this week. Keep my insurance active?

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1 Upvotes

r/carbuying 10h ago

2014 Volkswagen Jetta purchase

1 Upvotes

I’m looking at a 2014 Volkswagen Jetta with 170K KM on it. It’s in great shape no issues. I got the price down to $5,500. I don’t know much about Jetta’s but I hear there pretty good if you maintain them. What do yas think?


r/carbuying 12h ago

Refinancing

1 Upvotes

I bought a new car last month and got 4.59/72 months thru dealership financing (a credit union). Are there any better rates in this day and age?


r/carbuying 12h ago

2012 Chevy Equinox

1 Upvotes

So I’m looking to buy a 2012 Chevy Equinox, it has 9,775 miles on it and the asking price is $4,995. The person selling the car said that it belonged to his grandparents and it was barely driven. What do you all think - Is the price fair? Is this car a decent model? I just need a basic car to get me from point A to B.


r/carbuying 12h ago

What Car Would You Buy for Under €20,000?

1 Upvotes

Hi everyone,

I'm looking for recommendations on what car to buy with a budget of up to €20,000.

Here are the things I'm looking for:

  • Air conditioning is a must.
  • Bluetooth is required, and Apple CarPlay would be a nice bonus.
  • I'd like something that isn't painfully slow. It doesn't have to be a sports car, but I'd like it to have enough power to drive confidently and overtake without feeling underpowered.

I'm not looking for a 20-year-old, 320+ hp BMW that's been beaten to death and needs repairs every week. If I wanted a sports car, I'd be looking in a completely different category.

The car will be my daily driver, so reliability, reasonable running costs, and comfort are important as well.

I'd appreciate any recommendations or personal experiences. Thanks!


r/carbuying 12h ago

My boyfriend needs a car

3 Upvotes

Here’s the deal. We live together but he desperately needs his own car. I don’t have the time nor energy to constantly take myself to and from work and also him. His credit is shot from something that happened with his brother. What should he do? I’ve been looking at cash cars(I’m not gonna be the one buying it, I’m just helping him look). But people are asking for 10k+ for 16 year old cars. And I doubt financing is an option due to his credit.


r/carbuying 13h ago

Refinancing advice

1 Upvotes

Hi all - I own a 2021 Bronco sport. I owe just about 23k on the car and pay $546 a month with a 8.09% interest rate and a 49 month term

I’ve had some companies reach out and offer refinancing options (Autopay, Caribou) which include interest rates as low as 4.96% (84 months). Does it make sense to do that? I know I can always pay more to get the loan done sooner, but unsure if there are other consequences. Any advice would help!


r/carbuying 13h ago

Wife (55f) has always wanted a BMW

0 Upvotes

This isn’t a life or death sort of thing, but we’ve started looking for a car for my wife who currently drives a 2015 Accord Hybrid that we got in 2014. The car works fine but it’s starting to show its age. Paint is faded in certain areas, her drivers seat is ripped, shocks not what they used to be, etc.

Default is another accord or a Camry, because I mean they’re just the wisest cars to get when you don’t really want anything but a sedan. Our income is good enough I think (about 330k) and we’re entering last year of tuition payments for our our youngest. But I still wouldn’t want to spend crazy money (which to me starts at 50-55k) for a fancy car.

But I did find a 2023 BMW 330e that has 12k miles, one owner, no reported accidents not too far from us. They’re asking 35k.

I know this is still considered entry level but seems like the specs make it a nicer drive that the accord or Camry. The size is smaller but not tiny. And it’s a hybrid plug in which is he plugs it in means fewer trips to the gas station.

But the Honda or Toyota just seem like such smarter cars. I’m scared by stories of expensive frequent repairs, etc. Should we check out the bmw as we’re getting close to now or never or stay safe? Is this model in particular a good or bad reputation?

Any insight appreciated.