Category: New Or Used?

By on December 31, 2011

Danny writes:

I am looking to buy an RX-7 (FC) convertible. I currently own a hand me down 2000 Honda Accord V6 from my mother in law. this car drinks WAY too much gas. 20 dollars in 89 octane gas DAILY! my commute is about 50 miles round trip. but I always loved Mazdas my dad had a 1984 323 with a 1.3, a 929 with the V6. I grew up playing with FDs in Gran Turismo. now that I can buy a cheap used car I was thinking about an FC convertible. BUT the major problem that I have is my job, I work for a Chevy dealership as a salesman. The GSM and the SM fired a guy who bought a Toyota Corolla S brand new.

I don’t wanna lose my job but I LOVE the FC and will not buy anything else, I know rotaries are as unreliable as an iron duke but that doesn’t matter. I have access to a repair shop so free labor is there. the parts might be a problem, though i think there are plenty of them in my local junk yard. so please help me figure out my dilemma I Don’t want to drive that POS accord in the summer heat, because it has no A/C, brakes are almost shot.

Read More >

By on December 30, 2011

 

TTAC Commentator Jimal writes:

Sajeev and Steve,

I have one of those quandaries that most adults will go through sooner or later in life and I figured I would tap into you and the B&B for suggestions. My father passed away recently after a long illness and I’m helping my mother with settling his estate; cleaning up finances, etc. Among the things my father left behind were his 2005 Buick LeSabre, which my mother hates, and her cherished 1996 4-door Chevy Blazer. Read More >

By on December 29, 2011

 

Luiz writes:

Dear Steve/Sajeev:

I am a 35 year old elementary school principal, married with 2 kids (5 and 9), and a certified car nut who thinks and reads about them way too much, and who is a walking contradiction when it comes to cars. Read More >

By on December 23, 2011

 

Josh writes:

I’m currently in the market for a 2005 or 2006 Chevy Tahoe Z71 and was wondering about when would be the best time to buy. Before you question the Tahoe, I’m probably one of the only people who can justify one. I live in Colorado and spend almost every weekend in the mountains hauling people and their gear up 4wd trails and snowy roads to trail heads and sleeping in the back.

I figure that given gas prices going up, this summer would probably see the values drop off. I like to do the opposite of everyone else who will be buying fuel efficient vehicles. But then I read an article by Steve that said the used car market is going to be getting worse. I’ve see prices go down some over the last 6 months (been watching the market), but not by much. So does this summer sound good, should I buy now, or wait for the future? Read More >

By on December 20, 2011

 

TTAC Commentator Astigmatism writes:

Dear TTAC,

My wife wants to replace her 275,000-mile 1999 RX300.  Its sins, in order: fuel economy (15-17mpgs at this stage in ordinary driving); brakes that don’t inspire confidence (we’ve had the fronts completely replaced, and the rears and ABS checked multiple times, but it still pumps and grinds like crazy coming to a full stop); and the general feeling of looseness in a high-mileage SUV (not to mention rust spots, tears in the leather, etc., etc.).  She’s starting school in the fall, about 15 miles away through city traffic, and my hope was to have a replacement by then if possible. Read More >

By on December 15, 2011

Ok here’s the situation. I have a brother who hasn’t done anything since Jimmy Carter was in office. For over 30 years he has been sponging off my parents. Free room. Free board. Free allowance. Although the most painful part of it all for me is the free car.

Read More >

By on December 14, 2011

 

Shawn writes:

Hey Sajeev and Steve,

I recently asked the Best and Brightest for help regarding my friend’s car buying dilema, but now I’m in one of my own! I am looking to get rid of my 2006 Mazda5 GT, which has been quite problematic. I can no longer tolerate the frequent trips to the shop. Its got about 125,000km on it, and I’ve been getting offers ranging from $6000-8000 for it on trade. The cars I am considering are in the compact to mid-size class, but there are benefits to each car, and I can’t seem to make up my mind. I am seeking a car with decent fuel economy that is fairly engaging to drive. However, I DO NOT want a harsh ride. The GTA is filled with pot holed roads, and I know the stiff ride would get tiresome. Manual transmission is preferred, but not necessary. I do carry four people occasionally, so cross out any coupes. On the Mazda I’ve taken quite a hit in the residual value, so this time around, I am looking to buy something that is a couple of years old. That way, someone else takes the largest depreciation hit. Here is the list so far:
By on December 12, 2011

Mackenzie writes:

Hello, my name is Mackenzie. I am a 16 year old girl looking to buy her first car. I am looking at Jeep Cherokees (NOT Grand Cherokees). I am trying to find a decent manual transmission one, but I can’t seem to locate any within a reasonable distance from me (Eastern Virginia). My dad says I should look for a 1999-2001 Cherokee, but the few that I have found that are stick shift usually have pretty high mileage or are out of my budget. As car experts, would you guys recommend an older (94-98ish) Cherokee or a newer one with higher mileage? I keep hearing that American-made cars are not as hardy as foreign-made cars, and that over 180,000 miles for a Cherokee is a no-go. My parents have agreed to pay half of the car, but with what I am finding, it’s still going to be a lot of money to pay. At first I was looking at $3500 tops, but I’m thinking I will have to raise that. Any help or advice yall have on this subject would be greatly appreciated.

 

Read More >

By on December 9, 2011

 

Mark V. writes:

I was wrong, I thought I could drive a 370z touring on a daily basis to work, a 75m round trip on the highway mostly, but I can’t.  Its to loud and its becoming unpleasant to drive.  I don’t want to get a beater for a 2nd car because spending almost 2 hours a day in it would be a major quality of life loss and probably not any more pleasant then my 370z.

I need a commuting yin to my 370’s sporty yang, but I don’t think I can afford the expensive of a 2nd car, technically 3rd if you count the wife’s car.

Read More >

By on December 8, 2011

 

Kevin writes:

Sajeev and Steve:

I am currently cruising through all four Canadian seasons in my 2008 6MT Audi S5.  Could be worse, I know.  The car is owned by Audi Finance, and apparently they want it back at the end of November – something about the lease term coming to an end.  As of late, conversations about the S5 have gone something like this:

Q1. Do you like it?
A1. Unequivocally!  It’s amazing.

Q2. Are you going to buy it out or extend the lease?
A2. Absof@!%inglutely not.

Q3. Why not – you just said you loved it?!
A3. True, but it’s a constant reminder of the adages (i) never buy a first year vehicle (ii) never lease a car out of warranty and (iii) someone, somewhere, is tired of her sh!t.  Well, maybe just the first two.

Read More >

By on December 1, 2011

 

Ryan writes:

Sajeev and Steve,

I find myself perplexed by a vehicular conundrum. A year ago I purchased my first new car, a 2010 Subaru WRX STI SE. It is a great car. Previously I daily drove a 1997 Toyota Land Cruiser. Another great car. I drive about 20,000 miles a year, mostly on the highway.

My wife and I both work. We contribute heavily to our 401K’s and IRA’s. About a month after I purchased the car my wife decided to go back to school, for an MBA. No problem. She now has a year left. For the year we will be setting aside just shy of $1000 per month to pay for her schooling. This leaves us saving very little over the next year. We have emergency funds to last a few months should the need arise. I want to eliminate debt as soon as possible (currently 2 car loans and a mortgage, nothing more).

My inner cheapskate has become uncomfortable with the nearly $1100 a month operating costs of my beloved STI. My inner car guy misses the Land Cruiser terribly. I’m without a truck. Replacing the STI with another 80 series Land Cruiser or Land Rover Discovery I do not save much money because of the fuel costs.

I am contemplating selling the STI, and picking up a truck and a commuter. The commuter would need to be somewhere around $10,000 or less. Cash for one vehicle, maybe a loan for the other. The ideal commuter would be more comfortable than the STI, get around 30 MPG, have four doors and possibly be all wheel drive (for ski trips). Cadillac CTS? Lexus something? Nothing soulless, please. I can turn a wrench and can maintain both vehicles no problem.

What say you? Do I keep the STI and buy a truck when I can? Sell the STI, buy the truck and commuter? If so, what kind do you suggest?

See the attached spreadsheet. (Ryan’s Car choices)

Read More >

By on November 27, 2011

 

Kevin writes:

Sajeev & Steve:

I am currently cruising through all four Canadian seasons in my 2008 6MT Audi S5. Could be worse, I know. The car is owned by Audi Finance, and apparently they want it back at the end of November – something about the lease term coming to an end. As of late, conversations about the S5 have gone something like this:

Q1. Do you like it?
A1. Unequivocally It’s amazing.

Q2. Are you going to buy it out or extend the lease?
A2. Absof@!%inglutely not.

Q3. Why not – you just said you loved it?!
A3. True, but it’s a constant reminder of the adages (i) never buy a first year vehicle (ii) never lease a car out of warranty and (iii) someone, somewhere, is tired of her sh!t. Well, maybe just the first two.

The car itself is amazing to drive in any conditions on any road – almost too good. It’s very, very fast, comfortable, handles beautifully (with the usual Quattro understeer), beautiful to look at, has rear view camera, parking sensors, iPod integration, heated seats, bluetooth, navigation, B&O sound system, etc. I’ve had it at the track a number of times, drive it to work in traffic every day and have dedicated rims and brilliant snow tires for winter (making snow and ice something to smile about). The trunk is massive; I have taken two other people and all our ski and snowboard gear to Blue Mountain, and often take a passenger and two full hockey bags two the rink once a week. Hell, I have even managed to escape the concentric circle of hell that is IKEA with a twin mattress in the back and still been able to see out the back window. For some inexplicable reason, I still hand wash it and park it far away from anything or anybody; it looks and drives like it’s brand new.

That said, it also has had at least $5000 worth of work done to it under warranty, including new front control arms, an entire new clutch assembly and master slave cylinder, new blower motor and fan and new window regulator. On top of the repairs, the 4.2L V8 is a very thirsty beast and it costs a second king’s ransom to lease and insure every month.

So – the question isn’t whether or not to buy it out or extend the lease. I won’t own this car one second out of warranty and I don’t see any point extending the lease on a 2008 when you can spend the same money leasing a newer model.

The question is – where do I go from here? November isn’t exactly the best time to be putting a new car on the road in this part of the world. Hell, I’m not even close to being convinced that I want a brand new car. This was my first new, never driven by anyone else, vehicle. Definitely the nicest car I’ve ever owned as well. I previously had a nice 2004 Infiniti G35 I picked up off of Leasebusters after some chump put $7000 down, didn’t drive it and then walked away. Prior to that I had a well used Integra that simply wouldn’t die no matter how much it was abused. Previous rides are of varying levels of embarrassment and, for that matter alone, deemed irrelevant.

What else has the style, handling and versatility of the S5? I’ve toyed with the idea of a GT-R, but those things are now almost $130K here (taxes in). I am going to have a hard time justifying spending $100K on anything given the (i) state of the roads (i) lack of parking lot manners (iii) inadequacy of driver training and (iv) lack of traffic violation enforcement for anything other than speeding in a straight line on an empty road.

Do I insist on AWD? I think it’s brilliant. especially after driving the G35 (not to mention having to dig it out of the driveway numerous times). Do I suck it up, put on my big boy pants and get a 9114S? Do I buy a winter AWD vehicle like a used FJ Cruiser and then look for a three season, perfectly balanced, gently used and good for the occasional track day, as yet to be determined, second car? I find myself looking at 993 Turbos online fairly often.

This isn’t about money. It is, however, about smart money. I’m barely over 40, gainfully employed, have my own hair and am financially secure. That said, I don’t need a bright orange lambo in the driveway in order to impress the neighbours, the ladies or both.

Next steps?

Steve answers:

I see you are suffering from Audi syndrome. Symptoms include but not limited to…

1) Bitching about the lack of reliability.
2) Bitching about the cost of repair.
3) Delusions of grandeur involving even more expensive vehicles… all of which have abysmal ownership costs.
4) Inability to perform simple addition
5) Bitching, bitching, moaning, whining, and even more bitching!

So let’s get to the point…

Do you like the car?

If so then keep it. The maintenance costs will likely cost less than the monthly payment. Plus if we’re talking about ‘smart money’ then leasing should be as far away from your vocabulary as Mercury is from Pluto.

I would look at lowering the overall costs by opting for a good independent shop that specializes in Audis. Subscribe to a few forums that are Audi-centric. Figure out what parts companies offer high quality replacements for the lackluster and under-engineered components… and have at it.

Sajeev answers:

Wow, that’s a nice list of things to fix under warranty! I am sure Jack Baruth had a similar level of torrid romance with his S5, pictured above.

We all know that modern German cars are crap relative to their Japanese and American counterparts. Fine. But I am still dumbfounded as to why modern German cars eat through control arms in the infancy of their lives. Two Benzes in the Mehta family, a friend’s BMW, another friend’s VW, and your Audi. And here I was bitching because the complex suspension in my Lincoln Mark VIII needed a full rebuild after 10 years and 130,000 miles on the road!

Short answer? Just least another Audi. You need them, and I don’t know if a BMW will charm you enough to justify jumping ship. I suspect your gut is telling you the same thing, especially if you love AWD.

As to your reference of smart money? Join me in the ranks of Ford Ranger ownership, but go ahead and spring for a quattro-like 4×4. Keepin’ it too real? Stick with the four ring brand, buy according to your pocketbook and what has the sweetest lease deals at the time.

Need help with a car buying conundrum? Email your particulars to sajeev@thetruthaboutcars.com , and let TTAC’s collective wisdom make the decision easier… or possibly much, much harder.

By on November 19, 2011

If you are one of those who are itching to buy a new car after years of economy-induced withdrawal, one of the many questions that may run through your mind is the exit strategy from that shiny new car. In other words: How well will the car hold its value? If you want the executive summary: Buy just about any Toyota, Lexus, or the 2012 Jeep Wrangler.

If you need more detail, hit the jump. Read More >

By on November 10, 2011

 

TTAC commentator bumpy ii writes:

It’s definitely going to be used in this case. Anyway, I’m looking to pick up a fun weekend car in another 3-4 years. I like to plan ahead. Here’s what I want:

* 4 doors
* RWD
* manual transmission
* normally aspirated inline 6
* (the kicker) curb weight under 3,000 pounds
* preferably built after the Reagan administration (most everyone had their emissions stuff sorted out by then)

From what I can tell, this narrows the list down to 4 cars (in order of preference):

Read More >

By on November 8, 2011

 

Jerry writes:

Hey Sajeev and Steve,

Hope everything’s going well over at TTAC. I’m submitting my 2nd question and hoping you guys have some insight to offer.

I currently drive an 06 xB, and I’ve been very happy with it. It’s fully paid off (I bought it used with cash), and it’s served as a great car for moving and helping friends move. When they were selling these, they really should’ve teamed up with IKEA to offer a gift card because this car is the ultimate IKEA-mobile.

Read More >

Recent Comments

  • Lou_BC: @Carlson Fan – My ’68 has 2.75:1 rear end. It buries the speedo needle. It came stock with the...
  • theflyersfan: Inside the Chicago Loop and up Lakeshore Drive rivals any great city in the world. The beauty of the...
  • A Scientist: When I was a teenager in the mid 90’s you could have one of these rolling s-boxes for a case of...
  • Mike Beranek: You should expand your knowledge base, clearly it’s insufficient. The race isn’t in...
  • Mike Beranek: ^^THIS^^ Chicago is FOX’s whipping boy because it makes Illinois a progressive bastion in the...

New Car Research

Get a Free Dealer Quote

Who We Are

  • Adam Tonge
  • Bozi Tatarevic
  • Corey Lewis
  • Jo Borras
  • Mark Baruth
  • Ronnie Schreiber