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Old 04-14-2012, 07:54 AM   #21
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I traded a functional car with 150k on it for a new truck in November The car would not do what I needed it to do and I was ready to move on. No regrets.

You could keep the passat running for a while, so at this point it is a choice rather than a need to buy new.

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Old 04-14-2012, 08:44 AM   #22
Give me a museum and I'll fill it. (Picasso)
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Originally Posted by Texas Proud
I have a Ford Explorer.... and had the ABS light come on and off for the last two years.... took it to a Ford dealership to fix and they said 'nothing wrong' (the light was out at the time)....

Took the car in for another light to a new place.... they said that the error could be one of two things... but first they needed to reflash the car... now both light were on and they fixed the ABS light (it was a bad sensor), which fixed our intermittent speed control problem... it did not fix the other problem... that cost $550...

One of the issues is that during inspection, if you have a check engine light on they are not supposed to pass you.... that is the only reason I got it fixed...

On a final note, I start to look at getting a replacement car after 100,000 miles or 10 years... most of the time I will do both.... after awhile, I just want a new car....
That is why I ignore the lights as checking it out usually results in a cost that doesnt change anything. When inspection time comes, I slide my dental appt. reminder card into the face of the dashboard in a strategic manner that covers the lights and looks harmless at the same time. Has passed inspection twice, hopefully this summer the trick will work again.

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Old 04-14-2012, 09:44 AM   #23
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Originally Posted by Walt34 View Post
That's why we'll buy new when replacement time comes. Our prior experience with used cars was not positive, I think mostly because the previous owner knew they weren't going to keep it long and skimped on maintenance. I'm meticulous about maintenance since it's a lot cheaper than repairs or replacing the car.
+1. My last used car purchase was 1977, and it turned out to be a mistake. I know used is better if you do your due diligence, but I buy new and keep the car for about 10 buying is part rational, part not in varying ratios for most people.
No one agrees with other people's opinions; they merely agree with their own opinions -- expressed by somebody else. Sydney Tremayne
Retired Jun 2011 at age 57

Target AA: 60% equity funds / 35% bond funds / 5% cash
Target WR: Approx 2.5% Approx 20% SI (secure income, SS only)
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Old 04-14-2012, 04:03 PM   #24
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Thanks for everyone's advice.

I decided to totally disregard how our investments did yesterday and proceed with my plan to test drive new vehicles.

My check engine, ABS, and brake panel lights didn't light until the end of the day I did check out the internet and saw that I am not the only person seeing these warning lights.

I think we have ruled out getting a new VW Passat. We just can't think of $30,000 worth of reasons to own a 2012 Passat vs. a 2001 Passat

I looked at the window stickers of the Audi's and kept walking

We were really impressed with the 2012 Ford Fusion Hybrid. However, I wish the new 2013 model was available because I really prefer the new body style for 2013. The dealer threw in enough discounts though to make it tempting

We were surprised with the how fun the 2012 Volvo S60 is to drive. We didn't expect that from a Volvo. However, this car was probably the least practical of the cars we drove today because of the relatively low mileage ratings and because the backseat is so tight vs. the other cars. My wife kept reminding me that a Mustang has even better acceleration than the Volvo

The 2012 Toyota Camry Hybrid is also a nice car, even if it a bit mainstream and common

It is interesting to see how some of the dealers try to get you to sign on the dotted line right away. I guess I am too cautious because I would just throw out a really lowball number when they would ask me what it would take for me to make a decision on the spot.

I will take a couple of days to think about it.

I hope we don't have too many more market days like we did yesterday or I may still be driving my 2001 Passat when I retire
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Old 04-14-2012, 04:22 PM   #25
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Here's a link to the future car that is testing my patience:

2013 Ford Fusion Car | The All New 2013 Ford Fusion. Redefining Your Expectations Of What A Car Should Be |

The car is supposed to be available in September.
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Old 04-14-2012, 11:21 PM   #26
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We normally buy new and drive them until they die. However, our 1992 Honda Accord refuses to die and still looks and drives well. I broke our rule and bought DW a new Honda Accord. She deserves it.

Daughter's 1997 Ford Escort finally wore out and she bought her 1st new car 2 weeks ago. A 2012 Malibu LT (mid range model) for $14,400 out the door with tax and license. She received $1,800 trade in from her Escort.

Pigs get fat, hogs get slaughtered. That's my story and I am sticking to it.
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audi, fusion, mustang, passat

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