Yep definitely looking into getting a loan

Topic: Yep definitely looking into getting a loan (Read 2025 times) previous topic - next topic

Yep definitely looking into getting a loan

Reply #15 – June 02, 2006, 01:41:15 AM

My mom has an '00 focus. Ehh, it's been an ok car. It's needed the ignition cylinder replaced and I think the idler pully is going bad on the serp. belt. Otherwise it hasn't been bad... except for the endless recalls.

A misfire shouldn't make you want to buy a new car. Sure, I bought a new car, but in the 4 months before that I'd had 3 catastrophic failures in 3 separate cars. So, you can see how I'd finally get fed up. I almost sort of regret buying a new car... 66 months is a long time to pay for a car that won't be problem free for as long.

Yep definitely looking into getting a loan

Reply #16 – June 02, 2006, 11:26:20 AM

you also need to look into how much you have put into your car. what is new, what has been fixed ect. also, how much per month does your car cost you, include gas, oil changes and repairs and payments and ins., how often are you strandand and can't drive, or can you always get to where you need to go, and don't miss work, can you work on your car, or do you take it in ect., how far do you need to drive, 5 miles 20, 50+?

now look at a new car, it will cost you so much down, so much per month then your ins will go up, don't forget gap coverage, don't forget extended warrenty if you drive alot, you still need oil, gas and tires. the car WILL have problems, does your dealer give you a loaner, will your ins cover it?

I chose new when I was looking agian cause I have driven 50K in the last 18 months, not many old cars would do that. I also doubled my mpg with the new car. If i still had my old job 5 miles from work. I would have baught some cheap used car and just fixed the little problems. but with 140 Miles per day, I don't have time to fix the little problems at the end of the day, I can drop it off and get a laoner and be done with it. that is worth the extra money to me. make sure to look into it all the way. new cars are expensive, and you don't get your money out of it at the end if you plan on reselling.

Yep definitely looking into getting a loan

Reply #17 – June 02, 2006, 12:44:27 PM

Newer cars tend to break easily, especially if they are 4 cilinder fwd...

My dad bought his f-150 (V6) 2001 from the dealer in Nov. 2000. The truck had this issues...

Loosen serpentine belt just after went to be serviced, fortunately was in the town...

Frozen front caliper, got dad and mom stranded in the highway (he had to drive 2 kilometers to the shop in REVERSE and fix that)

Bad front ball joints, both, they rattle like the hell, replaced a year ago...

Bad front wheel bearing, nearly incinerated due to friction....

Of course, had firestone tires, one exploded , luckily dad was driving very slow....

The tranny is hard to shift to 1st, and very hard to get Reverse....

And guess what ? the half of the life of the truck was serviced from ford. And the truck has 51,000 kilometers (yeah, low kilometers)

Dad knew that was a useless money pit servicing the truck at ford, and now i do all the services....and never had any problem since then...

Really, buying a new car is buying a new, different set of problems, maybe more, maybe less, but you have problems for sure...