I think I just found $600

[Blackjack200]

OP, I don't know you from Adam but you seem to have a not-so-good rep here. I commend you how well you are holding up under the barrage of personal attacks.

There is one thing that confuses me though:

"Um $600 to me isn't "nothing". It's a weeks pay. It's my car payment. It's a lot of food. Hell, it's damn near the cost of going on a budget cruise."


This makes little fiscal sense to me. Assuming that you work 40 hours per week ... you make only $15 per hour and you spend a whopping 25% of your income on a car payment? How can you afford to spend this much on a car payment? Do you live with your parents? You make $32K per year and you drive a BMW?

I'm assuming he means that he takes home $600 week, which would mean he makes around $45k.

You can certainly afford a new BMW on $45k, but you will not be affording much else. Still, it's possible that he's living on cheap rent or with a roomate or something. I personally would not put that much of my income into my car, but I don't see a problem with other people wanting to.

 

[lothar]

Some people are just combative towards car salesmen. I wouldn't have a problem giving it back if they were being too pushy or unprofessional with me, but most of the car dealers I've dealt with have been pretty straightforward.

I wasn't being combative.
How is saying "No comment" or not saying or acknowledging anything at all being combative?

If you read my thread, you'd see I wasn't really combative towards them.

 

[nerp]

not sure.. car was running fine. then bam, bad sounds.

Did you mod the car?

 

[TechBoyJK]

OP, I don't know you from Adam but you seem to have a not-so-good rep here. I commend you how well you are holding up under the barrage of personal attacks.

There is one thing that confuses me though:

"Um $600 to me isn't "nothing". It's a weeks pay. It's my car payment. It's a lot of food. Hell, it's damn near the cost of going on a budget cruise."


This makes little fiscal sense to me. Assuming that you work 40 hours per week ... you make only $15 per hour and you spend a whopping 25% of your income on a car payment? How can you afford to spend this much on a car payment? Do you live with your parents? You make $32K per year and you drive a BMW?

When I originally bought the car, I was making more money. My job has a base salary, plus I earn commissions. Before the economy tanked, I was making closer to $65k per year. Our business took a huge hit when the economy tanked. Right now, I'm basically only getting my base salary. $600 isn't my car payment, it is less than that. i was generalizing.

At this point, if I were to buy a car right now, I wouldn't have bought such an expensive car. It's not killing me right now, but sure, I could use the extra cash.

 

[TechBoyJK]

Did you mod the car?

Nope. Only mods I have done were with the stereo (done over 2 years ago) and new wheels. I hit a deer about 8 months ago, which wasted the front end and did about 7k in damage. but it was all cosmetic besides the new headlight.

 

[lothar]

How is that a scam? You just paid $5k for 15k less miles. Wow, you really showed them.

And got a better car.
If I got the non EX-L V6 model like the used car salesman was selling, I'd have paid $2,300 less which brings the cost down to only $2,700 extra, and not $5k.

If it's a car I plan to keep for at least 15 years, I'd rather buy new since I have no idea how the previous owner maintained it.

 

[lothar]

Was it necessary to be rude to the guy? It's not his fault people are willing to pay so much for used Hondas.

Probably not.

 

[Perknose]

Yea, because I like group input.

Well, then, stay lubed up and bent over, I'm sure there's more to . . . come.

 

[JD50]

And got a better car.
If I got the non EX-L V6 model like the used car salesman was selling, I'd have paid $2,300 less which brings the cost down to only $2,700 extra, and not $5k.

If it's a car I plan to keep for at least 15 years, I'd rather buy new since I have no idea how the previous owner maintained it.

You could've gotten more for less buying used. If you found a good deal on a used car, you could've gotten the same car for about 4 to 5k cheaper with around 20k miles on it. That's how I've always bought my cars, I don't think you have much to worry about with just 20k miles on it. If you're planning on paying your car off and driving into the ground, that extra 5k you spent ends up being a lot. To each his own though.

 

[TechBoyJK]

Well, then, stay lubed up and bent over, I'm sure there's more to . . . come.

i see what you did there.

 

[lothar]

You could've gotten more for less buying used. If you found a good deal on a used car, you could've gotten the same car for about 4 to 5k cheaper with around 20k miles on it. That's how I've always bought my cars, I don't think you have much to worry about with just 20k miles on it. If you're planning on paying your car off and driving into the ground, that extra 5k you spent ends up being a lot. To each his own though.

That strategy works well for all used cars except Honda and Acura.
There were no good deals. The others I saw were even worse. $16k for an '05 Accord with 60k miles on it? Only an idiot would buy that.

It didn't work in my scenario because I felt I was only saving $2-3K less vs. buying a new one that's not 3 years old and a previous generation Accord with 15k miles on it.
It also didn't make any sense due to sales tax deduction and cash for clunkers last year.

If they had cut it to $16k from $18.8k like I suggested that night, I would have signed.

In conclusion:
1.) Used Honda/Acura vehicles are a rip off.
2.) Sales tax deduction
3.) Cash for clunkers (I'm not sure if my '97 Accord Wagon was eligible or not but family always comes first so I gave it to my younger brother.)

 

[Saga]

OP came in trying to brag about his BMW, left hanging head in shame for admitting to being another tool who doesn't read a contract and ends up paying more.

Classic.

 

[nick1985]

OP came in trying to brag about his BMW, left hanging head in shame for admitting to being another tool who doesn't read a contract and ends up paying more.

Classic.

pretty much.

OP is a tard

 

[TechBoyJK]

OP came in trying to brag about his BMW, left hanging head in shame for admitting to being another tool who doesn't read a contract and ends up paying more.

Classic.

Or Saga doesn't read the OP. I didn't sign the contract. I signed the one with the lower price. I read the one I signed. They just used a different one when they filled out the financing.

 

[JD50]

That strategy works well for all used cars except Honda and Acura.
There were no good deals. The others I saw were even worse. $16k for an '05 Accord with 60k miles on it? Only an idiot would buy that.

It didn't work in my scenario because I felt I was only saving $2-3K less vs. buying a new one that's not 3 years old and a previous generation Accord with 15k miles on it.
It also didn't make any sense due to sales tax deduction and cash for clunkers last year.

If they had cut it to $16k from $18.8k like I suggested that night, I would have signed.

In conclusion:
1.) Used Honda/Acura vehicles are a rip off.
2.) Sales tax deduction
3.) Cash for clunkers (I'm not sure if my '97 Accord Wagon was eligible or not but family always comes first so I gave it to my younger brother.)

Yea, now that I think about it, you're right about Honda's. I just traded in my 2001 civic (215,000 miles on it) and was going to get another one, but I didn't want to pay for a new one. I started looking into the Mazda 3 and like them a lot better than the civic. You can get a used Mazda 3 for 4 to 5k cheaper than a new Mazda 3. Damn I love my Mazda 3 so much more than that civic.

 

[Saga]

Or Saga doesn't read the OP. I didn't sign the contract. I signed the one with the lower price. I read the one I signed. They just used a different one when they filled out the financing.

I can't help but laugh a little bit.

They can only process for financing the form you signed, unless you are suggesting they forged your signature. I find it dubious that they would commit fraud with such nasty repercussions over a measly $600.

Realistically all things considered it is FAR more likely that you, knowledgeable of the situation or not, signed for the higher price. Regardless, it is my personal prediction that you will be out far more than $600 in legal fees once this is all said and done, so do what you will.

 

[thepd7]

Agreed, I'd be surprised if they didn't make higher margin off of "certified" used vehicles than new. I should add that I don't buy from dealers either as a rule of thumb. I've bought two cars from used car lots and the prices were very fair / comparable to private party prices, everything else has been a private party purchase and I go through cars every couple of years

How is that a scam? You just paid $5k for 15k less miles. Wow, you really showed them.

And got a better car.
If I got the non EX-L V6 model like the used car salesman was selling, I'd have paid $2,300 less which brings the cost down to only $2,700 extra, and not $5k.

If it's a car I plan to keep for at least 15 years, I'd rather buy new since I have no idea how the previous owner maintained it.

you definitely failed to mention that before

 

[TechBoyJK]

I can't help but laugh a little bit.

They can only process for financing the form you signed, unless you are suggesting they forged your signature. I find it dubious that they would commit fraud with such nasty repercussions over a measly $600.

Realistically all things considered it is FAR more likely that you, knowledgeable of the situation or not, signed for the higher price. Regardless, it is my personal prediction that you will be out far more than $600 in legal fees once this is all said and done, so do what you will.

ok, then nevermind everything i typed explaining what happened.