Join Early Retirement Today
Reply
 
Thread Tools Search this Thread Display Modes
Old 08-12-2010, 01:42 PM   #81
Thinks s/he gets paid by the post
73ss454's Avatar
 
Join Date: Oct 2004
Location: LaLa Land
Posts: 4,378
Quote:
Originally Posted by Rich_in_Tampa View Post
Huh? Have bought three cars new in the last 7 years in Fla and never had a problem, with prices being more or less competitive based on my homework. Fees are stiff, but that is typical for no-income-tax states, at least in Az and Fl.

Did I miss something? I did pay cash, so if it is related to financing it was irrelevant to me.
Rich, the problem is that all the dealers have the same inflated prices on their window stickers so there's no way to shop without it unless you go out of state. I have a friend who works in a Toyota store in NJ and wanted to get me the Camry for invoice which was $22700 for the model I wanted which was the SE version of the Camry. I would have bought it from him if I didn't find the damaged one with 100 miles on it. I just came home from picking it up at the body shop and it came out great. My total cost was $19300 with the body work and for a new one down here they wanted 24 to 25K but I would of had to get the TOYOGUARD. (heh) I'll just have to live without it.

Very hard for the consumer to shop when all the dealers are playing the same game.
__________________

__________________
73ss454 is offline   Reply With Quote
Join the #1 Early Retirement and Financial Independence Forum Today - It's Totally Free!

Are you planning to be financially independent as early as possible so you can live life on your own terms? Discuss successful investing strategies, asset allocation models, tax strategies and other related topics in our online forum community. Our members range from young folks just starting their journey to financial independence, military retirees and even multimillionaires. No matter where you fit in you'll find that Early-Retirement.org is a great community to join. Best of all it's totally FREE!

You are currently viewing our boards as a guest so you have limited access to our community. Please take the time to register and you will gain a lot of great new features including; the ability to participate in discussions, network with our members, see fewer ads, upload photographs, create a retirement blog, send private messages and so much, much more!

Old 08-12-2010, 01:53 PM   #82
Moderator Emeritus
 
Join Date: May 2007
Posts: 11,036
When I was car shopping in January, I looked at the Toyota Camry and the Hyundai Sonata. I liked Toyota for 2 main reasons: 1) They had a long term reputation for quality products and 2) their cars held their value better than others (although it may not be the case anymore). I like Hyundai for 2 reasons: 1) They offered more bang for the buck and 2) they were built locally. In the end, Toyota's track record spoke for itself. When I start seeing a lot of 10 year old Hyundais on the roads, I may change my mind.

We actually bought 2 new cars this year. Our car shopping experience was great. We knew exactly what we wanted and we had the car priced in by USAA Car Buying Services before even hitting the showrooms (price was all-inclusive except typical sales taxes and title fees). Since we paid cash, we didn't have to deal with the finance guy. It took only 2-3 hours between our walking onto the lot and our driving off in our brand new car. Very little haggling (just a tad for the trade-in, for fun), no hassle, no pushy salesman.
__________________

__________________
FIREd is online now   Reply With Quote
Old 08-12-2010, 02:04 PM   #83
Give me a museum and I'll fill it. (Picasso) Give me a forum ...
REWahoo's Avatar
 
Join Date: Jun 2002
Location: Texas Hill Country
Posts: 42,078
Quote:
Originally Posted by 73ss454 View Post

Very hard for the consumer to shop when all the dealers are playing the same game.
Toyota dealers in the US seem particularly adept at boosting margins with "profit packages".

I shopped for a new Toyota here in Texas a few years ago and ran into something called "Gulf States Toyota Distributors (GST)". This company apparently owns the franchise rights to every new Toyota vehicle sold in Arkansas, Louisiana, Mississippi, Oklahoma and Texas. Every dealer I talked to had GST add-on packages of $1,000-2,000 on every vehicle. Here is an example of the two most common, found on every new Camry I looked at:

Quote:
Vehicle Shield Package $349
  • Lusterizing Sealant
  • Sound Shield
  • Sealant Cleaner
  • Rental Car Assistance
The Extra Mile Option Package D $1,313
  • Custom Tape Stripe
  • Stainless Steel Exhaust Tip
  • First Aid Kit
  • Fabric Guard
  • Spare Tire Lock
  • Door Sill Enhancements
  • Molded Dash Applique
  • Carpet Floor Mats (4 Pc)
  • Glass Break Sensor
  • Roadside Assistance (3 Yrs/36,000 Miles
  • The Extra Mile Service Rewards Program
  • (5 Yrs/60,000 Miles)
Rip-off city. None would sell a car without it, telling me it was "added at the port" and they were powerless to remove it.

I did not buy a new Toyota and never will - at least not while they play these games.
__________________
Numbers is hard

When I hit 70, it hit back

Retired in 2005 at age 58, no pension
REWahoo is offline   Reply With Quote
Old 08-12-2010, 02:15 PM   #84
Give me a museum and I'll fill it. (Picasso) Give me a forum ...
REWahoo's Avatar
 
Join Date: Jun 2002
Location: Texas Hill Country
Posts: 42,078
Adding to my previous post, it appears the GST business model is also followed by Southeast Toyota Distributors (SET) in the states of Florida, Georgia, Alabama, North Carolina & South Carolina.

I found this interesting comment on a Toyota Tundra discussion board:

Quote:
I've been doing some interesting reading on Gulf States Toyota (GST) and Southeast Toyota Distributors (SET), the only two Toyota distributors that are not wholly owned subsidiaries of Toyota Motor Sales, USA (TMS). This arrangement exists because of an investment that certain individuals made to establilsh dealerships throughout the Southeast and Southwest when Toyota was not established in the U.S.

Decades (and billions of dollars) later, customers in these two regions are left with a system which involves a middleman that adds "port installed options" (PIO) that are of questionable value, often not Toyota accessories, and are often more mandatory than optional. While dealers may have some latitude about preferencing trucks without some of these PIOs, it certainly isn't going to happen very easily with very new models. There are some positive inventory management and other benefits to these distribution systems, however, they mostly relate to convenience of purchase rather than reducing costs.
Might be worth the price of a ticket to fly out of the South to buy a new Toyota...
__________________
Numbers is hard

When I hit 70, it hit back

Retired in 2005 at age 58, no pension
REWahoo is offline   Reply With Quote
Old 08-12-2010, 02:33 PM   #85
Dryer sheet aficionado
 
Join Date: Jul 2008
Posts: 39
Just bought a 2009 Ford Flex with less that 20k miles on it. Crossed the Florida line to Thomasville, Ga to get a great deal. Realize not much interest on this forum in American cars but I love this car. A dream to drive and a good cross between SUV and sedan - I recommend a test drive.
__________________
unallowable is offline   Reply With Quote
Old 08-12-2010, 02:42 PM   #86
Thinks s/he gets paid by the post
73ss454's Avatar
 
Join Date: Oct 2004
Location: LaLa Land
Posts: 4,378
REW, yep, That's the deal. I didn't know they had it in other states. This is the scam of all scams. From what I can see the person who set up this deal years ago must have an ironclad contract to do this. I also would never buy a car with this scam added on. Just travel a bit and you can use the savings for a great vacation.

If I didn't find this Camry with 100 miles on it I would have gotten one from my buddy in NJ.

I don't know if others like Honda and Nissan have the same scam in these states.
__________________
73ss454 is offline   Reply With Quote
Old 08-12-2010, 02:42 PM   #87
Moderator Emeritus
Rich_by_the_Bay's Avatar
 
Join Date: Feb 2006
Location: San Francisco
Posts: 8,827
Quote:
Originally Posted by REWahoo View Post
Might be worth the price of a ticket to fly out of the South to buy a new Toyota...
I was thinking about that -- between the web and ability to travel (time) that may be the best way to go if you know what you want. All my dealers had an internet sales person who did only that.

This strategy saved me thousands of dollars when I bought my RV (in Ohio) and will probably be worth a try next time I buy a car.
__________________
Rich
San Francisco Area
ESR'd March 2010. FIRE'd January 2011.

As if you didn't know..If the above message contains medical content, it's NOT intended as advice, and may not be accurate, applicable or sufficient. Don't rely on it for any purpose. Consult your own doctor for all medical advice.
Rich_by_the_Bay is offline   Reply With Quote
Old 08-12-2010, 02:44 PM   #88
Thinks s/he gets paid by the post
73ss454's Avatar
 
Join Date: Oct 2004
Location: LaLa Land
Posts: 4,378
Quote:
Originally Posted by unallowable View Post
Just bought a 2009 Ford Flex with less that 20k miles on it. Crossed the Florida line to Thomasville, Ga to get a great deal. Realize not much interest on this forum in American cars but I love this car. A dream to drive and a good cross between SUV and sedan - I recommend a test drive.
A used Ford is one of the best deals on the planet. They take such a huge hit in the first 2 or 3 years that you can buy one for 50 cents on the dollar.
__________________
73ss454 is offline   Reply With Quote
Old 08-12-2010, 02:48 PM   #89
Give me a museum and I'll fill it. (Picasso) Give me a forum ...
REWahoo's Avatar
 
Join Date: Jun 2002
Location: Texas Hill Country
Posts: 42,078
Quote:
Originally Posted by 73ss454 View Post
I don't know if others like Honda and Nissan have the same scam in these states.
I don't think so. I bought a new Honda in 2008 and didn't have any problems with dealer/cartel add-ons.

Quote:
Originally Posted by 73ss454 View Post
A used Ford is one of the best deals on the planet. They take such a huge hit in the first 2 or 3 years that you can buy one for 50 cents on the dollar.
This from a guy who just bought a new slightly bruised Toyota...
__________________
Numbers is hard

When I hit 70, it hit back

Retired in 2005 at age 58, no pension
REWahoo is offline   Reply With Quote
Old 08-12-2010, 02:54 PM   #90
Thinks s/he gets paid by the post
73ss454's Avatar
 
Join Date: Oct 2004
Location: LaLa Land
Posts: 4,378
Hey, I drove a Ford for a long time. Keeping the 98 Taurus for 7 years and losing only $350 is good, no?
__________________
73ss454 is offline   Reply With Quote
Old 08-12-2010, 03:04 PM   #91
Give me a museum and I'll fill it. (Picasso)
Give me a forum ...
FinanceDude's Avatar
 
Join Date: Aug 2006
Posts: 12,484
Quote:
Originally Posted by ikonomore View Post
That's a good choice also the Rav4.

One thing people aren't mentioning about Hyundai's is their resale value.
It's horrible. This still matters if you keep a car forever because it could get stolen, totaled out, etc.. and the insurance company would give you nothing for it.
Used domestic cars don't have very good resale either. Hyundai's resale is no worse now than a domestic car, actually their newer models are better than a domestic car, but not as good as Honda or Toyo..........
__________________
Consult with your own advisor or representative. My thoughts should not be construed as investment advice. Past performance is no guarantee of future results (love that one).......:)


This Thread is USELESS without pics.........:)
FinanceDude is offline   Reply With Quote
Old 08-12-2010, 03:07 PM   #92
Thinks s/he gets paid by the post
 
Join Date: Jun 2010
Location: France
Posts: 1,195
Quote:
Originally Posted by ikonomore View Post
One thing people aren't mentioning about Hyundai's is their resale value.
It's horrible. This still matters if you keep a car forever because it could get stolen, totaled out, etc.. and the insurance company would give you nothing for it.
I worried about that a bit when I bought mine, but then I found that the people who price second-hand cars for a living were forecasting better a residual value than the market average after 2, 3, and 4 years for my new iX35/Tucson, at least in Europe. YMMV, but the lease rates might tell you what Hyundai themselves think of the residuals.

I previously last drove a Hyundai (a loaner saloon) 12 or so years ago, and it was a total clunker. They really have come a long way - the European design and (in my case; US Hyundais are still made in Korea, I think) manufacture are noticeable.

Quote:
Originally Posted by Moemg View Post
if I have any sanity left I'll check out the Subrau's . My SO's son had a Subrau that lasted forever .
I tested the Forester and loved it, but it was a little too 4x4 for me. If I was paying US prices for gas, and had a couple of thou more in the budget for the vehicle, I'd be tempted by the Outlook with the 3.6-litre engine. It's a proper 4x4 but without the "SUV angst" which affects us Europeans, even those of us who do go off-road occasionally.
__________________
Age 56, retired July 1, 2012; DW is 60 and working for 2 more years. Current portfolio is 2000K split 50 stocks/20 bonds/30 cash. Renting house, no debts.
BigNick is offline   Reply With Quote
Old 08-12-2010, 03:15 PM   #93
Give me a museum and I'll fill it. (Picasso)
Give me a forum ...
Moemg's Avatar
 
Join Date: Jan 2007
Location: Sarasota,fl.
Posts: 10,031
Quote:
Originally Posted by unallowable View Post
Just bought a 2009 Ford Flex with less that 20k miles on it. Crossed the Florida line to Thomasville, Ga to get a great deal. Realize not much interest on this forum in American cars but I love this car. A dream to drive and a good cross between SUV and sedan - I recommend a test drive.
My daughter has a Ford Freestyle and I love the car . It's so luxurious . Maybe I need to check Ford out . I have not driven an American car in a long time . I did have a Camaro in the late 60's that lasted forever .
__________________
Moemg is offline   Reply With Quote
Old 08-12-2010, 03:20 PM   #94
Moderator Emeritus
 
Join Date: May 2007
Posts: 11,036
We drove Fords for a while too.

Taurus 1989. My first car. And the biggest POS ever. Bought it used in 1997 and disposed of it in 1998 (couldn't pass the state inspection). It needed a new engine and transmission after only 100K miles. The ride was horrible.

Probe 1990. Not a bad car. Bought used in 1999. Required very few repairs, but it had a fairly low mileage for a car that age. It was totaled in an accident in 2002.

Tempo 1989. Again not bad. DW bought it new in 1989. I inherited it in 1999. We traded it in in 2001. Lots of minor annoyances near the end but otherwise reliable car and fairly cheap to maintain. Survived a fire. Red interior with black exterior paint. Terrible manual transmission (the car would stall if I tried to downshift).

I also drove a 1985 VW Golf until it was 14 years old (great car in general, though the dashboard lights and A/C did not work anymore) and a 2001 VW Jetta which I kept for 9 years but cost me an arm and a leg to maintain. Until recently DW drove a 1997 Mazda Miata. That car was a dream maintenance-wise. Hence our decision to go all-Japanese.
__________________
FIREd is online now   Reply With Quote
Old 08-12-2010, 03:35 PM   #95
Give me a museum and I'll fill it. (Picasso)
Give me a forum ...
 
Join Date: Jul 2006
Posts: 11,017
Quote:
Originally Posted by cj View Post
I'm a little late to this party, but we just bought a CRV in June, and I LOVE it. Of course, I drove an Accord for 13 years, and also have a 3 year old Civic. You just can't beat Honda quality IMO. We also considered a Subaru Forrester - love the looks and they have really great ratings - but decided to stick with Honda.
I am a big Honda fan and this thread is making me think I need to put the CRV on my list for a test drive!
__________________
Meadbh is offline   Reply With Quote
Old 08-12-2010, 03:40 PM   #96
Dryer sheet aficionado
 
Join Date: Jul 2008
Posts: 39
Quote:
Originally Posted by Moemg View Post
My daughter has a Ford Freestyle and I love the car . It's so luxurious . Maybe I need to check Ford out . I have not driven an American car in a long time . I did have a Camaro in the late 60's that lasted forever .
When I travel for work, I take the opportunity to rent foreign cars as a test drive. Most just don't have a substantial enough "feel" to suit me. I have had 3 Mustangs starting with my first car in 1969 and 3 Thunderbirds and we have had two Ford pickups. My 1999 Ford Expedition has 140K miles and still looks and runs great. The dealer where I bought the Flex only wanted to give $3k for a trade in - it has more value than that for me to use to haul rental property stuff and dogs. It also handles my pop-up very nicely.
The reason I wanted to buy a new car now is to accelerate payments over the next 20 months when I will RE. The plan was to pay cash at that time but the new car bug was biting now. I do encourage you to check out the Flex, an unusual looking car but very luxurious.
__________________
unallowable is offline   Reply With Quote
Old 08-12-2010, 03:45 PM   #97
Give me a museum and I'll fill it. (Picasso)
Give me a forum ...
 
Join Date: May 2005
Posts: 13,260
Quote:
Originally Posted by FIREdreamer View Post
We drove Fords for a while too.

Taurus 1989. My first car. And the biggest POS ever. Bought it used in 1997 and disposed of it in 1998 (couldn't pass the state inspection). It needed a new engine and transmission after only 100K miles. The ride was horrible.

Probe 1990. Not a bad car. Bought used in 1999. Required very few repairs, but it had a fairly low mileage for a car that age. It was totaled in an accident in 2002.

Tempo 1989. Again not bad. DW bought it new in 1989. I inherited it in 1999. We traded it in in 2001. Lots of minor annoyances near the end but otherwise reliable car and fairly cheap to maintain. Survived a fire. Red interior with black exterior paint. Terrible manual transmission (the car would stall if I tried to downshift).

I also drove a 1985 VW Golf until it was 14 years old (great car in general, though the dashboard lights and A/C did not work anymore) and a 2001 VW Jetta which I kept for 9 years but cost me an arm and a leg to maintain. Until recently DW drove a 1997 Mazda Miata. That car was a dream maintenance-wise. Hence our decision to go all-Japanese.

I worked for a mega that had a fleet of cars... they owned about 30 or so Tauruses.... all, repeat.... all had to have a new transmission... some as early as 75K miles... I think the longest last just over 100K... POS...

I said I would not buy another Ford after my 85 Cougar... Ford hid the fact there was a problem with the control module causing the car to stall... and I spent lots of my own money trying to get it fixed... BUT, I did by my BILs 04 Explorer after he died... and then had to spend $1700 to get the rear end replaced after 45K miles because it rusted and the bearings were making a very loud noise...

My 95 Monte Carlo seemed to be pretty good, but it seems I was more lucky than it having a good engine... but I did have to pay for some items that should not go bad such as the heater core in the car...

On my 04 Acura... only oil changes and a 30K checkup... (except for a cracked windshield which is not something in the design of the car and my wife hitting it )...
__________________
Texas Proud is offline   Reply With Quote
Old 08-12-2010, 03:47 PM   #98
Give me a museum and I'll fill it. (Picasso)
Give me a forum ...
FinanceDude's Avatar
 
Join Date: Aug 2006
Posts: 12,484
Quote:
Originally Posted by unallowable View Post
When I travel for work, I take the opportunity to rent foreign cars as a test drive. Most just don't have a substantial enough "feel" to suit me. I have had 3 Mustangs starting with my first car in 1969 and 3 Thunderbirds and we have had two Ford pickups. My 1999 Ford Expedition has 140K miles and still looks and runs great. The dealer where I bought the Flex only wanted to give $3k for a trade in - it has more value than that for me to use to haul rental property stuff and dogs. It also handles my pop-up very nicely.
The reason I wanted to buy a new car now is to accelerate payments over the next 20 months when I will RE. The plan was to pay cash at that time but the new car bug was biting now. I do encourage you to check out the Flex, an unusual looking car but very luxurious.
If Moemg wants a smaller car, a Flex would seem huge to her...........
__________________
Consult with your own advisor or representative. My thoughts should not be construed as investment advice. Past performance is no guarantee of future results (love that one).......:)


This Thread is USELESS without pics.........:)
FinanceDude is offline   Reply With Quote
Old 08-12-2010, 03:51 PM   #99
Give me a museum and I'll fill it. (Picasso)
Give me a forum ...
 
Join Date: Jul 2006
Posts: 11,017
Quote:
Originally Posted by Rich_in_Tampa View Post
In 2010 a nice lady from Sarasota with an aging car was seen careening off the side rails with her eyes shut.
__________________
Meadbh is offline   Reply With Quote
Old 08-12-2010, 03:58 PM   #100
Give me a museum and I'll fill it. (Picasso)
Give me a forum ...
bbbamI's Avatar
 
Join Date: Dec 2006
Location: Dallas 'burb
Posts: 9,039
Quote:
Originally Posted by d View Post
i'm surprised that no one has questioned why you'd want to get a new car when your current one is only 11yrs, and only 100k miles
My 2006 Acura had 26.5k miles on it when I bought it a little over two years ago. It now has 28.5k miles...

If I wait until it has 100k miles on it, I'd be 124 years old.

Moe...I love Hondas and have always had good luck with them.
__________________

__________________
There's no need to complicate, our time is short..
bbbamI is offline   Reply With Quote
Reply


Currently Active Users Viewing This Thread: 1 (0 members and 1 guests)
 
Thread Tools Search this Thread
Search this Thread:

Advanced Search
Display Modes

Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

BB code is On
Smilies are On
[IMG] code is On
HTML code is Off
Trackbacks are Off
Pingbacks are Off
Refbacks are Off


Similar Threads
Thread Thread Starter Forum Replies Last Post
My car after its annual car wash.... thefed Other topics 11 05-21-2008 11:50 PM
Car ?? steve88 Other topics 6 01-11-2008 08:28 PM
I Want This Car!!! :) FinanceDude Other topics 19 09-25-2007 06:26 PM
New car, old car, same car? cute fuzzy bunny Other topics 74 06-15-2006 05:27 PM
Financing a car/car buying advice usc_et Young Dreamers 14 11-01-2005 11:59 AM

 

 
All times are GMT -6. The time now is 07:42 PM.
 
Powered by vBulletin® Version 3.8.8 Beta 1
Copyright ©2000 - 2017, vBulletin Solutions, Inc.