Comments on: I’m Saving Up To Pay Cash To Buy A Car http://mysuperchargedlife.com/blog/im-saving-up-to-pay-cash-to-buy-a-car/ Tips, Motivation, and Resources for Living Life to the Fullest! Tue, 16 Mar 2010 19:41:29 +0000 http://wordpress.org/?v=2.9.1 hourly 1 By: Guest Post At My Super-Charged Life: A Debt Free Manifesto | Enemy of Debt: Motivational Money Management http://mysuperchargedlife.com/blog/im-saving-up-to-pay-cash-to-buy-a-car/comment-page-1/#comment-6407 Guest Post At My Super-Charged Life: A Debt Free Manifesto | Enemy of Debt: Motivational Money Management Tue, 03 Nov 2009 13:04:26 +0000 http://mysuperchargedlife.com/blog/im-saving-up-to-pay-cash-to-buy-a-car/#comment-6407 [...] I’m Saving Up To Pay Cash To Buy A Car [...] [...] I’m Saving Up To Pay Cash To Buy A Car [...]

]]> By: Kick Your Tires, Not Yourself: Do it yourself car transaction can save you thousands http://mysuperchargedlife.com/blog/im-saving-up-to-pay-cash-to-buy-a-car/comment-page-1/#comment-5959 Kick Your Tires, Not Yourself: Do it yourself car transaction can save you thousands Wed, 19 Aug 2009 10:23:31 +0000 http://mysuperchargedlife.com/blog/im-saving-up-to-pay-cash-to-buy-a-car/#comment-5959 [...] tip 2: Avoid debt and pay cash for your next car. It will drive better if it isn’t dragging a bank note behind it. I have discovered that paying [...] [...] tip 2: Avoid debt and pay cash for your next car. It will drive better if it isn’t dragging a bank note behind it. I have discovered that paying [...]

]]> By: -> Saving Up And Paying Cash For The Things You Buy Makes The Purchase More Enjoyable! | Bible Money Matters http://mysuperchargedlife.com/blog/im-saving-up-to-pay-cash-to-buy-a-car/comment-page-1/#comment-5525 -> Saving Up And Paying Cash For The Things You Buy Makes The Purchase More Enjoyable! | Bible Money Matters Wed, 08 Jul 2009 14:11:13 +0000 http://mysuperchargedlife.com/blog/im-saving-up-to-pay-cash-to-buy-a-car/#comment-5525 [...] A while back when we knew we would need a new car within a couple of years, we started saving for that purchase.  Using a plan similar to Dave Ramsey’s “Drive Free Cars And Retire Rich” plan, we set a goal for  new car within 3-4 years, and started saving towards that goal.  Instead of making a car payment (since we didn’t have one on our old car either) we just started paying ourselves a monthly car payment, and over a couple of years we had saved up enough money to buy a nice used car. [...] [...] A while back when we knew we would need a new car within a couple of years, we started saving for that purchase.  Using a plan similar to Dave Ramsey’s “Drive Free Cars And Retire Rich” plan, we set a goal for  new car within 3-4 years, and started saving towards that goal.  Instead of making a car payment (since we didn’t have one on our old car either) we just started paying ourselves a monthly car payment, and over a couple of years we had saved up enough money to buy a nice used car. [...]

]]> By: Jason Lancaster http://mysuperchargedlife.com/blog/im-saving-up-to-pay-cash-to-buy-a-car/comment-page-1/#comment-1518 Jason Lancaster Tue, 01 Jul 2008 18:23:48 +0000 http://mysuperchargedlife.com/blog/im-saving-up-to-pay-cash-to-buy-a-car/#comment-1518 Jeff - You're absolutely right. If you take the time to educate yourself you'll never pay more than you should. Jeff – You’re absolutely right. If you take the time to educate yourself you’ll never pay more than you should.

]]> By: Jeff http://mysuperchargedlife.com/blog/im-saving-up-to-pay-cash-to-buy-a-car/comment-page-1/#comment-1481 Jeff Fri, 27 Jun 2008 15:35:14 +0000 http://mysuperchargedlife.com/blog/im-saving-up-to-pay-cash-to-buy-a-car/#comment-1481 @Jason: I appreciate your expert backing on my suggestions. You may be right about about the risk involved in buying from a private seller. I'd be willing to pay a little more for some assurance that I could avoid the problems people encounter with private sellers. I just don't want to pay a lot more. I guess the key is to educate myself properly before going to a dealership so I can negotiate intelligently. Thanks for sharing the information! @Jason: I appreciate your expert backing on my suggestions. You may be right about about the risk involved in buying from a private seller. I’d be willing to pay a little more for some assurance that I could avoid the problems people encounter with private sellers. I just don’t want to pay a lot more. I guess the key is to educate myself properly before going to a dealership so I can negotiate intelligently.

Thanks for sharing the information!

]]> By: Jason Lancaster http://mysuperchargedlife.com/blog/im-saving-up-to-pay-cash-to-buy-a-car/comment-page-1/#comment-1477 Jason Lancaster Fri, 27 Jun 2008 14:57:07 +0000 http://mysuperchargedlife.com/blog/im-saving-up-to-pay-cash-to-buy-a-car/#comment-1477 Jeff - I like everything you said in this post. As a car expert - I worked in the auto business for 10 years - your advice about paying cash and buying a car 2-3 years old is spot on. However, I would strongly advise that you try to buy from a franchise dealer. In a nutshell, the vast majority of car-related fraud that's committed in the USA is perpetrated by individuals. When paying cash for a used car being sold by a private person, you're actually taking on more risk than you would buying from your local franchise dealer. I'm not saying that all private sellers are bad - far from it. However, most of the crimes (like selling flood damaged vehicles, salvage titles, etc.) are committed by people pretending to be a private owner. If you do decide to buy from a private party, here are some tips you should study: http://accurateautoadvice.com/buying/7-tips-for-buying-from-a-private-individual/ Jeff – I like everything you said in this post. As a car expert – I worked in the auto business for 10 years – your advice about paying cash and buying a car 2-3 years old is spot on. However, I would strongly advise that you try to buy from a franchise dealer. In a nutshell, the vast majority of car-related fraud that’s committed in the USA is perpetrated by individuals. When paying cash for a used car being sold by a private person, you’re actually taking on more risk than you would buying from your local franchise dealer. I’m not saying that all private sellers are bad – far from it. However, most of the crimes (like selling flood damaged vehicles, salvage titles, etc.) are committed by people pretending to be a private owner.

If you do decide to buy from a private party, here are some tips you should study:

http://accurateautoadvice.com/buying/7-tips-for-buying-from-a-private-individual/

]]> By: Jeff http://mysuperchargedlife.com/blog/im-saving-up-to-pay-cash-to-buy-a-car/comment-page-1/#comment-1472 Jeff Thu, 26 Jun 2008 21:42:28 +0000 http://mysuperchargedlife.com/blog/im-saving-up-to-pay-cash-to-buy-a-car/#comment-1472 @Francine - Thanks for pointing out the resources available on the edmunds.com site. I'll check those out. It sounds like you had an experience with a lemon similar to mine. I'll certainly think seriously about getting the next car I buy checked out before I close the deal. @FFB - It is interesting how car manufacturers have off years on certain models. Good advice! Thanks for taking the time to comment! @Francine – Thanks for pointing out the resources available on the edmunds.com site. I’ll check those out. It sounds like you had an experience with a lemon similar to mine. I’ll certainly think seriously about getting the next car I buy checked out before I close the deal.

@FFB – It is interesting how car manufacturers have off years on certain models. Good advice!

Thanks for taking the time to comment!

]]> By: FFB http://mysuperchargedlife.com/blog/im-saving-up-to-pay-cash-to-buy-a-car/comment-page-1/#comment-1471 FFB Thu, 26 Jun 2008 21:04:37 +0000 http://mysuperchargedlife.com/blog/im-saving-up-to-pay-cash-to-buy-a-car/#comment-1471 Definitely check out Consumer Reports. Some car models can be generally good but still have one off year. You want to make sure you're getting the right year for a car. Definitely check out Consumer Reports. Some car models can be generally good but still have one off year. You want to make sure you’re getting the right year for a car.

]]> By: Francine http://mysuperchargedlife.com/blog/im-saving-up-to-pay-cash-to-buy-a-car/comment-page-1/#comment-1470 Francine Thu, 26 Jun 2008 20:56:58 +0000 http://mysuperchargedlife.com/blog/im-saving-up-to-pay-cash-to-buy-a-car/#comment-1470 Me again. It is your lucky day! Just read the Simple Dollar newsletter and hit the link to: edmunds.com You have GOT to go to that website: *10 Steps to Buying a Used Car (includes researching VIN number) *Car Reviews and Ratings from readers: Year, Make, and Model. *Confessions of a Car Salesman (a must read for everyone - how do car salesmen sleep at night? - sorry if anyone reading this is a car salesman) Warm Regards, Francine Me again. It is your lucky day!

Just read the Simple Dollar newsletter and hit the link to: edmunds.com

You have GOT to go to that website:
*10 Steps to Buying a Used Car (includes researching VIN number)
*Car Reviews and Ratings from readers: Year, Make, and Model.
*Confessions of a Car Salesman (a must read for everyone – how do car salesmen sleep at night? – sorry if anyone reading this is a car salesman)

Warm Regards,
Francine

]]> By: Francine http://mysuperchargedlife.com/blog/im-saving-up-to-pay-cash-to-buy-a-car/comment-page-1/#comment-1469 Francine Thu, 26 Jun 2008 20:20:35 +0000 http://mysuperchargedlife.com/blog/im-saving-up-to-pay-cash-to-buy-a-car/#comment-1469 Congrats! I liked the part about getting the car checked out by an independent mechanic first. Wish we had. I also read somewhere that hybrids are not worth the upfront cost, and the article convinced me not to buy one now. Sorry, I do not remember where I read that. For a small fee, I believe you can research the VIN number of the car you are going to buy, to see if it has been in an accident. We did not hear about this until after our lemon, so I am not sure how. Hopefully, you can research that, or someone else will post about it. My partner and I bought a car, and did not realize until a little later that it had been in an accident. $3,000.00 in repairs later, we took it back to the dealer and told them we could not afford it. Also, that we believed it had been in an accident. I begged them not to put it back out for sale. They did. The 2004 Volvo S60 we have now is great. Best Wishes, Francine Congrats!

I liked the part about getting the car checked out by an independent mechanic first. Wish we had.

I also read somewhere that hybrids are not worth the upfront cost, and the article convinced me not to buy one now. Sorry, I do not remember where I read that.

For a small fee, I believe you can research the VIN number of the car you are going to buy, to see if it has been in an accident. We did not hear about this until after our lemon, so I am not sure how. Hopefully, you can research that, or someone else will post about it.

My partner and I bought a car, and did not realize until a little later that it had been in an accident. $3,000.00 in repairs later, we took it back to the dealer and told them we could not afford it. Also, that we believed it had been in an accident. I begged them not to put it back out for sale. They did.

The 2004 Volvo S60 we have now is great.

Best Wishes,
Francine

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