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Old 08-31-2018, 07:50 AM   #1
bronsin
 
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Are newcars getting too expensive to afford?

My Toyota dealer keep sending me flyers saying they want my used 2009 Yaris. I’m thinking with all the safety features, anti pollution features, Plus styling changes colors have gotten so expensive only a few people can afford them.
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Old 08-31-2018, 08:19 AM   #2
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My understanding is the exact opposite: its a very simple gimmick to coax you in so they can sell YOU a brand new car: they make you feel like the old car is somehow in demand and will thus garner a respectable trade-in allowance (which they can inflate instead of discounting the new car, citing the usual "margins are tight" line etc).
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Old 08-31-2018, 08:53 AM   #3
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Interesting! I know for a fact I will never pay $20,000 for a new Yaris unless I hit the lottery and I never play the lottery. I know where I went to college they are about to fall because they kept raising tuition. They have so few people interested in going there they’re in a lot of trouble.
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Old 08-31-2018, 10:18 AM   #4
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Gimmick. I still get those letters stating my 2006 is a high demand vehicle.

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Old 08-31-2018, 10:21 AM   #5
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Maybe it’s just me Who can’t afford a new one!
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Old 08-31-2018, 10:24 AM   #6
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You're not alone. Last vehicle I purchased new was a 1999 Dodge Dakota.

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Old 08-31-2018, 10:44 AM   #7
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I agree with the above posts. I don't buy new cars regardless of my income. I'm in the market now for a new family car and I'm searching for one with a blown head gasket that I can fix myself and save thousands they are so herd to sell.

My rational brain cannot wrap my head around the extra you pay simply because it was new. I had the same mentality when I used to race mountain bikes and road bikes only ever rode new bikes when I had a sponsorship deal

A car becomes used as soon as you drive it and therefore takes a huge loss to its value. Then again this thinking is the same reason I also do not buy lottery tickets.
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Old 08-31-2018, 11:38 AM   #8
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Same experience; I've gotten several of those letters and assume they're just bait. They probably wouldn't even buy my car back given how modified it is at this point.

In respect to new car pricing, if someone totaled my Yaris, I don't think I'd buy a spanking brand new car either. The cost of new cars is steep and drive-off is a mother. I think I'd rather spend a fraction of the cost of a new car and get something a little older and possibly more fun. You're always going to be able to buy more car when you go used over new.
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Old 08-31-2018, 02:11 PM   #9
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Just a strategy to get customers into the dealership. I got a flyer in the mail yesterday offering me "up to 120% of book value" for my 2014 Yaris... and guaranteeing I'm a winner of no less than a $10 Target gift card.
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Old 08-31-2018, 03:28 PM   #10
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yes, just getting you in the dealership is the biggest hurdle. once you're in-for any reason- that's an opportunity to sell. it doesn't matter whether it's recall repairs, oil change/tire rotation, etc. it's all a game. why do you think the waiting areas are basically in the showrooms?
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Old 08-31-2018, 04:10 PM   #11
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Everything is going up. But, for the price, you are getting a lot of stuff that might have been options in the past. In the end, it might just end up the same if you added up all those options compared to a semi/fully loaded model these days.
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Old 08-31-2018, 06:50 PM   #12
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The average person spends $34K on a new car - cars/SUVs that I consider total crap. I consider $19-20K on a new Yaris SE to be fine, as long as it has most of what I want in a small car (which it does). I am not adverse to used cars, but I am picky about what type of used car I would accept. It would have to be low mileage (less than 50K), in great cosmetic shape, and all the proper documented services done (including changing transmission fluid every 40K). Most people don't treat their cars well, so it pays to be paranoid/OCD when checking them out.

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Old 08-31-2018, 08:01 PM   #13
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The funniest part is that i got a call today from a dealer saying theyll cut me a cash check for my car, I said, uhh are you sure? its.. highly specialized and the woman was like. yes we saw your ad and it seems fun.

took it down there

they wouldnt buy it. couldnt offer me even scrap pricing on it. I packed up and said dont call me again.
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Old 09-01-2018, 12:09 AM   #14
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the worst thing about a new car is the tax and the plates! i think new plates and tax ran me like +$600 in 02. (45 days after dropping thousands down payment)
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Old 09-01-2018, 12:40 AM   #15
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I bought a new Yaris because I needed to get out of my shit Hyundai for one and I wanted to own a new car once... be the only person to ever drive it and stuff (I know it's been driven plenty being moved around, loaded, unloaded, etc) but once was enough. I don't even drive the poor thing myself almost ever... I think I put 2400 miles on it now and I've owned it over a year and a half.
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Old 09-01-2018, 02:38 AM   #16
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Prices need to be judged relative to income.

In 1990 I bought a new Corolla AWD wagon. It compares in size to the Yaris now. Paid $25000 back then for OPTIONAL air conditioning and power steering. A new base model Yaris is better equipped, more economical and has more power. The current advertised price here is from $15990 drive away foir the base model, and from $26200 for the top of the line model . In the same time frame, my income has nearly tripled...
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Old 09-01-2018, 08:57 AM   #17
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The dealer from whom I purchased my Yaris often sends invitations to view their new and used car stock. Special deals for our existing, valued customers. This is "by invitation only and our doors will close at x time on y date for z days to the general public"."
I would assume, from that, that any member of "the general public" without an invitation will be turned away.
"You wish to buy a car?", "sorry it's invitation only."
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Old 09-01-2018, 01:40 PM   #18
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Paying premium prices for crappy (to me) styling & added 'safety' & 'convenience' tech-bloat that I don't want or need, while leaving out things that I am actually interested in having, is what turns me off from car shopping today. Also, my personal tastes differ too much from the mainstream in this country, so new cars that appeal to me are now slim to none. Literally the only new car that I would consider purchasing currently would be a black 2018-2019 Yaris SE hatch - and I would have to drive at least 600-700 miles (one way) to find one. On the bright side, it being so far away keeps my new-car buying impulses in-check.
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