Order of operations for buying a used car?

[nobbie48]

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$14,200 for a 2014 Camry with 57,000 km on it, including winter tires on rims, from a neighbor. We'll see what the shop says after the safety. I think it was right place and right time. My 2015 has over 200,000 km on it.

That would normally be considered a bit high but a deal in this market. Buying new I wouldn't expect to get out of the dealership for much less than three time that and that car is less than a quarter used up.

 

[nobbie48]

Ha ha ha! Price them out now.
2014 Toyota Camry SE - Guelph

Edit: Could have gotten an awesome deal during the pandemic, when the rental companies sold their fleets. But now they're buying them back.

Over double the mileage, possibly a daily rental.

What taxes did he get hit with?

 

[Baggsy]

Over double the mileage, possibly a daily rental.

What taxes did he get hit with?

Tax was $1,846

 

[Maniac]

scratched out the branding on the ownership, and my nephew was naïve enough to believe it was just wear and tear.

Sounds like a fraud to me. I would try cops.

 

[Mikedezo44]

Used car market is brutal right now, did he get a good deal?

Agreed, pretty much every car I've sold in the last 10 years are going for (or asking at least) more than I sold them for years ago. Absolutely zero worth buying in the 5-10k range as a beater car, all have well over 200,000km and 15 years old. Have even been checking a wrecker website. Everyday they post fixable vehicles with small crash damage and at %90 of retail not a deal to be found.

 

[mimico_polak]

The CLA35 I wanted to buy didn’t pan out because the dealership actually offered the guy an extra $3000 on top of his buyout as they already had a buyer lined up.

I checked a used Tesla M3 LR from Meadowvale Honda….their car with financing is MORE expensive than the brand new version (assuming FSD disappears to used buyer).

Was about $70/month MORE than a brand new one.

My BILs GTI is coming up for lease and if he offers it to me at buyout price plus 2-3k I’m taking it. He’s got less than 15k on a 2 year old car.

The trade in for my 2018 Volt LT with 113k on it came in at 22k on the website, and 18.5k when they saw photos and gave a ‘firm’ offer.

 

[nobbie48]

Tax was $1,846

13%. I was wondering about the book values they had been using and if those numbers had been adjusted for Covid pricing.

 

[Scuba Steve]

The CLA35 I wanted to buy didn’t pan out because the dealership actually offered the guy an extra $3000 on top of his buyout as they already had a buyer lined up.

I checked a used Tesla M3 LR from Meadowvale Honda….their car with financing is MORE expensive than the brand new version (assuming FSD disappears to used buyer).

Was about $70/month MORE than a brand new one.

My BILs GTI is coming up for lease and if he offers it to me at buyout price plus 2-3k I’m taking it. He’s got less than 15k on a 2 year old car.

The trade in for my 2018 Volt LT with 113k on it came in at 22k on the website, and 18.5k when they saw photos and gave a ‘firm’ offer.

It's still a vw you sure you are up for the maintenance bills.

Sent from the future

 

[mimico_polak]

It's still a vw you sure you are up for the maintenance bills.

Sent from the future

I don’t plan on keeping it long. A full EV calls me. Plus his new M2 is coming in 12-18 months so lots can change in the meantime.

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