WHY do I want one so bad? - Page 12 - Toyota Yaris Forums

Altitude · 04-09-2009, 03:53 PM

Of course...the wife.

bobselectric · 04-09-2009, 04:47 PM

WHIPPED

just kidding, i know the feeling... I'd be in my third year of parole if I killed her on our wedding night-- thats 23 years to the uninitiated.

Please stay in touch and let us all know if there is a way to exert some influence on your wife.

Lambpasty · 04-09-2009, 05:36 PM

Hey, there's always next year or the year after that too. I'm sure the Yarii won't be going anywhere ;)

roxy1 · 04-09-2009, 06:34 PM

Quote:

Originally Posted by Lambpasty

Hey, there's always next year or the year after that too. I'm sure the Yarii won't be going anywhere ;)

but, unlike with a toyota or honda, the cobalt will depreciate at a faster rate than the amount owed will lower via payments. so, he will never be in a great position. best to just drive that cobalt til its last breath............................................ .....so, yeah, about a year or two

*tomato* · 04-09-2009, 05:23 PM

Aww.. I was really hoping you'd get it!

In the end, though, you did the right thing, even though I imagine it must sting a little.

We hope you stick around the forum anyway!

33OH · 04-09-2009, 05:26 PM

Okay, had to do it.

You did the right thing, Tom. Along with not being able to justify it, I'm glad you took your wife's feelings into consideration.

PetersRedYaris · 04-09-2009, 06:29 PM

What about YOUR feelings? Marriage is about mutual respect...

Altitude · 04-09-2009, 06:57 PM

Quote:

Originally Posted by PetersRedYaris

What about YOUR feelings? Marriage is about mutual respect...

That's an urban myth.

NaturalTopaz · 04-09-2009, 06:54 PM

If you feel the need to wait, do so. The 2010 Yaris will have more standard features available and by 2011, VSC and Trac will be standard (by law) as well. Toyota is planning on coming out with a Hybrid version of the Yaris sometime around 2012 or so to offer a lower price point on a hybrid vehicle (instead of the low 20's for the current Prius, think mid-teens).
You have some options for trading up now, but more later as well. It will be up to you when you decide to go "green" and get a more fuel efficient econo-box car.

NT

YarisOwnersDad · 04-09-2009, 07:38 PM

Guys and Gals:

IF I could justify getting the Cobalt for any solid reasons, I would just go ahead and trade, and I would let my wife do her venting and get over it. You wouldn't believe how many times I have done that over the years.

I just bought the Cobalt ten months ago. There is absolutley nothing wrong with it. It gets pretty decent gas mileage, too. I got 28.4 MPG on the last tank when I filled up while ago. That was just on my normal driving.

There is no doubt in my mind that the Yaris would hold its value better and would need fewer repairs down the road, if any at all. It sure sounds to me like I could count on 40 MPG on a typical tank of gas vs. my current 28 MPG. That would offset about $30 per month of the higher car payment, meaning I would be spending about $56 more per month on the combined expenditure for gas and car payment than I am now.

Favoring the Cobalt is its size compared to the Yaris (compact vs. subcompact) and its acceleration. Of course, keeping it would mean making 53 more payments of $228 vs. making 60 payments of $314 (taking the zero percent interest option rather than the $1000 cash).

If I felt strongly enough about this, I would just do it, like I have so many times before. My wife has managed to get over it every time so far.

EVERYONE among my family and friends is telling me that I would be an idiot to trade. I just wish I could make this decision without all the pressure. It would be nice to be able to just think it through and do what I think would make me happy in the long run, without having to worry about who is going to get upset about it.

Tom

NaturalTopaz · 04-09-2009, 07:47 PM

Then, by all means, wait. Your options will get better, devote extra payments to your cobalt and pay it down (every extra $ helps in the monthly payment). Toyota has some plans in place for its little tyke and you'll have wider options available in just a couple of years. The Yaris will be around for a while.

*tomato* · 04-09-2009, 09:10 PM

LOL Roxy!

YarisOwnersDad · 04-09-2009, 09:32 PM

You might be right, Roxy.

I have always before gone ahead and made the deal when I have gotten this torn up over a car.

Tom

cdavidhess · 04-09-2009, 09:38 PM

I repeat my earlier comment:

I've bought 22 new cars in the last 32 years. I know what new car fever is like. I also like to play with car salesmen. Of course, I'm a bachelor.

Of course, if you weren't married, you would not have your son. So you would not have gone car shopping with him. So you wouldn't have got infected with the Yaris bug!

YarisOwnersDad · 04-10-2009, 09:19 PM

Here we go again! Please tell me if I am simply trying to justify this trade, or is this really a logical way to weigh the pros and cons of trading my Cobalt for a Yaris. If I am being unbiased and am truly considering all the pertinent factors, then this trade seems to be a reasonable thing to do. It would be sort of a toss up, I think. It sure does NOT make the trade sound like utter foolishness.

I posted this in my Yaris World blog.

"Am I just rationalizing, or does looking at it this way really make sense?

If I keep the Cobalt, I pay 53 more payments of $228, or $12,084.

If I trade for the Yaris sedan, which stickers at $16,514, and if I take the dealer up on his offer to sell the Yaris at $100 over invoice and to allow me $8500 trade-in on the Cobalt, and if I go with the 0% interest for 60 months that is available now, I will pay 60 payments of $314, or $18,840.

The difference, then, between paying off the Cobalt and trading it in on the new Yaris is $6756. A conservative estimate of savings on fuel during those 60 months is $1800, and that asssumes that gas stays at $2.00 per gallon. Who believes THAT is gonna happen?

So, $6756 minus the $1800 fuel savings means that the net effect of this trade over the next five years would be no more than $4956.

What would the difference in resale value be between a six year old Cobalt with 108,000 miles on it vs. a five year old Yaris with 90,000 miles on it? Would that possibly be another $1500 to $2000 that I could knock off from that $4956 cost to trade?

Somebody chime in here and help me!

Tom"

roxy1 · 04-11-2009, 06:54 AM

Quote:

Originally Posted by YarisOwnersDad

What would the difference in resale value be between a six year old Cobalt with 108,000 miles on it vs. a five year old Yaris with 90,000 miles on it? Would that possibly be another $1500 to $2000 that I could knock off from that $4956 cost to trade?
[/I][/B]

i think safe to say a 5 yr old yaris sedan w/ 90k would easily be worth more than a six yr old cobalt w/ 108k. how much exactly is hard to say. as gas prices shoot up, the difference should increase even more.

to be blunt about it, it is hard to imagine that with your history you will be driving the yaris 5 years from now.

does this sound familiar?

"I said somewhere up this thread that I have never made a trade that I regretted, and that is true of each deal individually. Collectively, however, there have been way too many trades, and I regret having made so many."

evil genius · 04-10-2009, 10:15 PM

This could be a stretch but with GM on the edge of collapse, the value of the cobalt could be $0 by the end of this year.

frownonfun · 04-10-2009, 10:48 PM

GM isn't gonna collapse. geez. bankruptcy maybe but the company will still be there all the same.

04-09-2009, 09:38 PM	#14
cdavidhess Drives: 2008 White Yaris Sedan 5 speed Join Date: Oct 2008 Location: Rochester, NY Posts: 46	I repeat my earlier comment: I've bought 22 new cars in the last 32 years. I know what new car fever is like. I also like to play with car salesmen. Of course, I'm a bachelor. Of course, if you weren't married, you would not have your son. So you would not have gone car shopping with him. So you wouldn't have got infected with the Yaris bug! __________________

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04-09-2009, 03:53 PM	#1
Altitude Drives: '08 LB MT Bayou Join Date: Oct 2008 Location: Colorado Posts: 1,671	Of course...the wife.

04-09-2009, 04:47 PM	#2
bobselectric Kickin' Yaris Drives: 07 Yaris liftback Join Date: Oct 2008 Location: west harrison, ny Posts: 523	WHIPPED just kidding, i know the feeling... I'd be in my third year of parole if I killed her on our wedding night-- thats 23 years to the uninitiated. Please stay in touch and let us all know if there is a way to exert some influence on your wife.

04-09-2009, 05:36 PM	#3
Lambpasty Internet Superhero Drives: '07 HB Black Sand Pearl Join Date: Mar 2009 Location: Massachusetts Posts: 14	Hey, there's always next year or the year after that too. I'm sure the Yarii won't be going anywhere ;)

04-09-2009, 05:23 PM	#5
tomato Super Moderator View User's Garage Drives: Yaris 2DR LB 07, MT, Abs. Red Join Date: Feb 2009 Location: San Francisco Bay Area Posts: 5,155	Aww.. I was really hoping you'd get it! In the end, though, you did the right thing, even though I imagine it must sting a little. We hope you stick around the forum anyway!

04-09-2009, 05:26 PM	#6
33OH Drives: '08 Yaris Join Date: Oct 2008 Location: Dover, Ohio Posts: 7,606	Okay, had to do it. You did the right thing, Tom. Along with not being able to justify it, I'm glad you took your wife's feelings into consideration.

04-09-2009, 06:29 PM	#7
PetersRedYaris View User's Garage Drives: 2005 Scion xB Join Date: Nov 2006 Location: The Black Hills of South Dakota Posts: 1,059	What about YOUR feelings? Marriage is about mutual respect...

04-09-2009, 06:54 PM	#9
NaturalTopaz Drives: 2009 Yaris 3-door liftback Join Date: Apr 2009 Location: Jacksonville, FL Posts: 10	If you feel the need to wait, do so. The 2010 Yaris will have more standard features available and by 2011, VSC and Trac will be standard (by law) as well. Toyota is planning on coming out with a Hybrid version of the Yaris sometime around 2012 or so to offer a lower price point on a hybrid vehicle (instead of the low 20's for the current Prius, think mid-teens). You have some options for trading up now, but more later as well. It will be up to you when you decide to go "green" and get a more fuel efficient econo-box car. NT

04-09-2009, 07:38 PM	#10
YarisOwnersDad Is now a Corolla S Owner View User's Garage Drives: 2010 Corolla S Join Date: Mar 2009 Location: Western Kentucky Posts: 460	Guys and Gals: IF I could justify getting the Cobalt for any solid reasons, I would just go ahead and trade, and I would let my wife do her venting and get over it. You wouldn't believe how many times I have done that over the years. I just bought the Cobalt ten months ago. There is absolutley nothing wrong with it. It gets pretty decent gas mileage, too. I got 28.4 MPG on the last tank when I filled up while ago. That was just on my normal driving. There is no doubt in my mind that the Yaris would hold its value better and would need fewer repairs down the road, if any at all. It sure sounds to me like I could count on 40 MPG on a typical tank of gas vs. my current 28 MPG. That would offset about $30 per month of the higher car payment, meaning I would be spending about $56 more per month on the combined expenditure for gas and car payment than I am now. Favoring the Cobalt is its size compared to the Yaris (compact vs. subcompact) and its acceleration. Of course, keeping it would mean making 53 more payments of $228 vs. making 60 payments of $314 (taking the zero percent interest option rather than the $1000 cash). If I felt strongly enough about this, I would just do it, like I have so many times before. My wife has managed to get over it every time so far. EVERYONE among my family and friends is telling me that I would be an idiot to trade. I just wish I could make this decision without all the pressure. It would be nice to be able to just think it through and do what I think would make me happy in the long run, without having to worry about who is going to get upset about it. Tom

04-09-2009, 07:47 PM	#11
NaturalTopaz Drives: 2009 Yaris 3-door liftback Join Date: Apr 2009 Location: Jacksonville, FL Posts: 10	Then, by all means, wait. Your options will get better, devote extra payments to your cobalt and pay it down (every extra $ helps in the monthly payment). Toyota has some plans in place for its little tyke and you'll have wider options available in just a couple of years. The Yaris will be around for a while.

04-09-2009, 09:10 PM	#12
tomato Super Moderator View User's Garage Drives: Yaris 2DR LB 07, MT, Abs. Red Join Date: Feb 2009 Location: San Francisco Bay Area Posts: 5,155	LOL Roxy!

04-09-2009, 09:32 PM	#13
YarisOwnersDad Is now a Corolla S Owner View User's Garage Drives: 2010 Corolla S Join Date: Mar 2009 Location: Western Kentucky Posts: 460	You might be right, Roxy. I have always before gone ahead and made the deal when I have gotten this torn up over a car. Tom

04-10-2009, 09:19 PM	#15
YarisOwnersDad Is now a Corolla S Owner View User's Garage Drives: 2010 Corolla S Join Date: Mar 2009 Location: Western Kentucky Posts: 460	Here we go again! Please tell me if I am simply trying to justify this trade, or is this really a logical way to weigh the pros and cons of trading my Cobalt for a Yaris. If I am being unbiased and am truly considering all the pertinent factors, then this trade seems to be a reasonable thing to do. It would be sort of a toss up, I think. It sure does NOT make the trade sound like utter foolishness. I posted this in my Yaris World blog. "Am I just rationalizing, or does looking at it this way really make sense? If I keep the Cobalt, I pay 53 more payments of $228, or $12,084. If I trade for the Yaris sedan, which stickers at $16,514, and if I take the dealer up on his offer to sell the Yaris at $100 over invoice and to allow me $8500 trade-in on the Cobalt, and if I go with the 0% interest for 60 months that is available now, I will pay 60 payments of $314, or $18,840. The difference, then, between paying off the Cobalt and trading it in on the new Yaris is $6756. A conservative estimate of savings on fuel during those 60 months is $1800, and that asssumes that gas stays at $2.00 per gallon. Who believes THAT is gonna happen? So, $6756 minus the $1800 fuel savings means that the net effect of this trade over the next five years would be no more than $4956. What would the difference in resale value be between a six year old Cobalt with 108,000 miles on it vs. a five year old Yaris with 90,000 miles on it? Would that possibly be another $1500 to $2000 that I could knock off from that $4956 cost to trade? Somebody chime in here and help me! Tom"

04-10-2009, 10:15 PM	#17
evil genius Drives: 09 Yaris S 3dr Join Date: Mar 2009 Location: HI Posts: 71	This could be a stretch but with GM on the edge of collapse, the value of the cobalt could be $0 by the end of this year.

04-10-2009, 10:48 PM	#18
frownonfun View User's Garage Drives: 09 Yaris HB, 08 SR5 Tundra Join Date: Jan 2009 Location: RGV, Texas Posts: 1,086	GM isn't gonna collapse. geez. bankruptcy maybe but the company will still be there all the same.