Car Talk 6: Best of times and Worst of Times

[max225]

Ran a few quotes on the Elantra just now. Shift coming in with the lowball $11,200, Carvana $15,856, and Carmax bringing the heat with $16,400. Tempting to off it and try the one car lyfe, but my gym is just far enough away that it’d be inconvenient for Michelle to be carless for that 2-2.5 hour window, especially since that’s usually when she finishes working for the day and likes to get the doggie out to a park or something.

Those upper quotes are complete insanity. Not worth sowing the seeds of divorce though.

The question is what customer is walking into carmax looking for a 20k 4 year old Elantra with a dick stick

[D Griff]

Those upper quotes are complete insanity. Not worth sowing the seeds of divorce though.

I really should have snagged the $18,555 or whatever madness carmax offered late last year. Straight $5k profit in 5 months of ownershit.

I mean $1K profit for 1.5 years of ownershit or whatever is still pretty damn dece. Interesting that CarMax is coming in hot with these high ball offers. I'll have to give them a go on the Beemah.

[ChrisoftheNorth]

Those upper quotes are complete insanity. Not worth sowing the seeds of divorce though.

The question is what customer is walking into carmax looking for a 20k 4 year old Elantra with a dick stick

NOBODY It makes ZERO sense.

[max225]

I'm putting my money where my mouth is on this and doubling down.

[ChrisoftheNorth]

I'm putting my money where my mouth is on this and doubling down.

Might as well. The gravy train is done at any time. Cash in while you can. New cars are being produced every second.

[Desertbreh]

Those upper quotes are complete insanity. Not worth sowing the seeds of divorce though.

The question is what customer is walking into carmax looking for a 20k 4 year old Elantra with a dick stick

Agreed, I don't get it.

[SAWCE]

Same, which is what makes it so tempting. I don’t especially hate driving the thing, but it gives me no joy, and if I don’t off it now then I feel like I’m leaving money on the table whenever it gets offed in the future since I don’t see myself driving it until the wheels fall off. Doing so would be the fiscally smart move, but man that cash grab is tempting. Ride out the insanity as a one car household then pick something decent up at a reasonable price in 6 or however many months.

I probably won’t make a move and just keep cucking in it. I don’t want a payment in the future and we’d like to buy a house once that market corrects a bit more, so needing to buy a car in 6-12 months would put a damper on that.

[max225]

I mean some of you need to consider that if you're giving up a car you're going to BUY in again... for now that is NOT possible. Unless you're trading for something super cheap or not driving. Otherwise there are no savings.

[SAWCE]

I mean some of you need to consider that if you're giving up a car you're going to BUY in again... for now that is NOT possible. Unless you're trading for something super cheap or not driving. Otherwise there are no savings.

Exactly. I don’t know how long the market will stay high and I do too much driving with even more on the horizon for the next couple of months. It’s a fun idea, but just not practical for me/us. I’ll just sit back and with those who are able to pull it off.

[D Griff]

I mean some of you need to consider that if you're giving up a car you're going to BUY in again... for now that is NOT possible. Unless you're trading for something super cheap or not driving. Otherwise there are no savings.

I guess the idea would be sell Elantra for 16.4k in hopes that that same amount gets you a better car later. I’m doing the worst thing, new car on order, baller offer expired yesterday. Hopefully they stay high for a bit.

[max225]

I mean some of you need to consider that if you're giving up a car you're going to BUY in again... for now that is NOT possible. Unless you're trading for something super cheap or not driving. Otherwise there are no savings.

I guess the idea would be sell Elantra for 16.4k in hopes that that same amount gets you a better car later. I’m doing the worst thing, new car on order, baller offer expired yesterday. Hopefully they stay high for a bit.

That's not the worst thing. The worst thing is to trade BMW at a low price and pay markup on something new + adding extended warranty and shit for a nice $900 a month payment.

[max225]

So I found out my local dealer has a gti … basic bitch and no markup in blue.

[Gberg2119]

So I found out my local dealer has a gti … basic bitch and no markup in blue.

Mk8?

[D Griff]

I don't think 'no mark up' is anything special on a GTI. It's just like the WRX, no one wants 'em.

[Desertbreh]

So I found out my local dealer has a gti … basic bitch and no markup in blue.

Good. You can give the definitive answer on the lack of hard switches being NBD or immediate seppuku. Then flip in 9 months regardless.

[max225]

I don't think 'no mark up' is anything special on a GTI. It's just like the WRX, no one wants 'em.

83% of cars sold in the US in the last 3 months had markup.

But yes GTI is a tough swallow usually... they depreciate about 10k in the first year with a 3k tax... which isn't insignificant.... Ya'll think i can get 23k for a 1 year old gti with 12k miles? seems "reasonable enough"

The civic # will be likely 1/2 that, but there are NO hondas anywhere. My local dealers have 5-12 hondas each... they used to have 120-300..... The VW dealer has 120 cars in stock

[Gberg2119]

So I found out my local dealer has a gti … basic bitch and no markup in blue.

Good. You can give the definitive answer on the lack of hard switches being NBD or immediate seppuku. Then flip in 9 months regardless.

I think poverty spec has a couple knobs so it shouldn't be as bad as the upper trims.

[max225]

So I found out my local dealer has a gti … basic bitch and no markup in blue.

Mk8?

Yea and it looks like it is not in stock after all, it was a "dealer transfer".

I am just looking for a basic bitch S with the donkey rod.

[Gberg2119]

Mk8?

Yea and it looks like it is not in stock after all, it was a "dealer transfer".

I am just looking for a basic bitch S with the donkey rod.

How are used Mk7.5's priced? Like an 18 or 19. I'm assuming ?

[max225]

Yea and it looks like it is not in stock after all, it was a "dealer transfer".

I am just looking for a basic bitch S with the donkey rod.

How are used Mk7.5's priced? Like an 18 or 19. I'm assuming ?

Actually they are no where near new... they are around 23-5k depending on spec. Higher trims get absolutely no premium.

[max225]

So I called my local Honda dealer... and he mentioned they have gray one coming in 2-3 weeks and a blue on in mid august. The price was 5k markup but he immediately lowered it to 2500 as "best case".... even with markup it seems more reasonable than a golf at 31... they would be at price parity but the civic has a better interior + stereo.

That said... I guess I'll have to "wait".

[D Griff]

So I called my local Honda dealer... and he mentioned they have gray one coming in 2-3 weeks and a blue on in mid august. The price was 5k markup but he immediately lowered it to 2500 as "best case".... even with markup it seems more reasonable than a golf at 31... they would be at price parity but the civic has a better interior + stereo.

That said... I guess I'll have to "wait".

$2500 over for an Si is honestly kinda alright. You're at $30K at that point, will still be cheaper to own than a MK8 GTI at sticker by my estimation, and is also a better car by most journalist standards.

[ChrisoftheNorth]

Any dime over MSRP is not alright IMO. Especially if resale is a concern. That's money lit directly on fire, never to be recouped again. Patience is key

[max225]

Any dime over MSRP is not alright IMO. Especially if resale is a concern. That's money lit directly on fire, never to be recouped again. Patience is key

[Desertbreh]

Any dime over MSRP is not alright IMO. Especially if resale is a concern. That's money lit directly on fire, never to be recouped again. Patience is key

Tell it from the mountaintop brother. Over MSRP is for a 911 GTS Sport Chrono yo, not a poverty ricemobile.