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05-24-2005, 07:52 AM
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#1
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Join Date: Aug 2004
Location: West Milford, NJ
Posts: 2,127
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What would you do?
This may get kinda long, as there are a couple parts to this question.
So I get a card in the mail from Colonial Hyundai in Ewing/Trenton that this week they will give me the full base MSRP for when my car was new to use towards a new or used car. The only deductions they'll make is for mileage above "normal," and I am well over normal (max they would deduct, based on what it says on the card, is $1900 I think). New my car was around $14k. The other thing it says in the card is it can't have any body work or paint. I have a dent on the driverside rear bumper, and the rear quarter panel (I guess that's what it is) is bent outwards a bit under the taillight from when I backed into my father's truck. My car is currently worth around $5k (it's a 2002 Elantra btw), and I owe around $5k right now.
My father thinks I should go and at least see how much they will give me for it, since they obviously won't give me the full base MSRP. I won't buy a brand new car, but I suppose I could go for a used, if they have something decent on the lot.
Here's where it's tricky. I'd probably go at least see what they'd give/what they've got, but I start work in Philly next week. I really don't want to be driving a brand new car (or even a used, as they usually are not that old) in the city every day. It'll get damaged pretty quick. My father seems to think, if they give me a decent amount for my car, I can put a decent amount down and sell the car for what it's worth when I drive it off the lot, and still make some money on it, then go from there.
What would you do? I need some other opinions, heh.
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05-24-2005, 11:00 AM
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#2
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Join Date: Aug 2004
Location: Somerset County
Posts: 5,559
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be careful if ya go in...they'll try every trick in the book to get you to buy something...you're gunna have to kick, yell, and scream to get em away from ya
__________________
1999 Corvette FRC
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05-24-2005, 12:05 PM
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#3
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Co-Founder / Site Admin
Join Date: Jul 2004
Location: Ewing, NJ
Posts: 22,476
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Never hurts to see what they will give you, and see what they have on the lot. You may end up "losing" a little bit of money, but your car loan would be paid off, and you would have a car that you aren't afraid to drive in the city.
- Justin
__________________
1999 Camry - Beigemobile DD
2002 Suburban - Wife's DD
2004 Grand Cherokee - Not running / Project / Selling?
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05-24-2005, 12:13 PM
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#4
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Token v6 Guy
Join Date: Sep 2004
Location: No longer neon land :(
Posts: 5,703
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How does your current car run?
It already has dings.... so leaving it parked in philly... and more potential damage may occur..... it probably wouldn't bother you much... right?
Also, getting into another car... be it used or new.... could have unforseen problems by you/ dealer.... and starting a new job with an unprooven car can be iffy.
If your current ride is fine..... keep it.
Car dealers = CRAP!
__________________
2013 Dodge Challenger SRT8 - 12.079 at 116.45
2010 Ford Taurus SHO - stage 4+ tune and an intake - no times yet
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05-24-2005, 12:50 PM
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#5
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Join Date: Aug 2004
Location: West Milford, NJ
Posts: 2,127
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Quote:
Originally Posted by 12secondv6
How does your current car run?
It already has dings.... so leaving it parked in philly... and more potential damage may occur..... it probably wouldn't bother you much... right?
Also, getting into another car... be it used or new.... could have unforseen problems by you/ dealer.... and starting a new job with an unprooven car can be iffy.
If your current ride is fine..... keep it.
Car dealers = CRAP!
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It runs fine, but it's due for a lot of maintanence, timing belts and such that start to wear down. It has 75k miles on it. But, I still have 25k miles before the power train warranty ends.
I don't care about it being damaged, but I do care about it being stolen. My job isn't to just drive to my office for 8 hours and then home...I get to drive to my office, then spend the day going to meetings and going to client's houses and/or schools and such, so it will end up parked in a number of "bad" spots, I suspect. I always lock it, and I could put my club on it, and take the cd face plate off...but if someone is gonna steal it, they'll steal it no matter what I do. As such, I was considering getting a beater for a couple hundred, but you're right, driving an unproven car into philly could be worse than driving what I've got.
It will be paid off Oct 06 if I make normal payments. with the new job and living at home for a couple months, I was considering making larger payments to pay it off sooner, so when I do move out, it'll be paid off quicker and I won't have to worry about it. this was of course my thought process before I got this card.
So yeah, I dunno what to do. I guess it couldn't hurt to look. Someone wanna go with me? I don't wanna go alone, nor do I wanna take my father, as he did a horrible job with this car...he got $500 taken off the sticker...THAT'S IT! Gotta see if they are open at nite...hmm.
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05-24-2005, 01:10 PM
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#6
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Co-Founder / Site Admin
Join Date: Jul 2004
Location: Ewing, NJ
Posts: 22,476
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Take tyler with you....he'll jew them down a few grand on any car in the lot either through his bargaining skills or the sheer fact that they won't want him on the lot any longer.
- Justin
__________________
1999 Camry - Beigemobile DD
2002 Suburban - Wife's DD
2004 Grand Cherokee - Not running / Project / Selling?
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05-24-2005, 01:32 PM
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#7
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Avatar Abuser
Join Date: Aug 2004
Location: 08721-1716
Posts: 5,056
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something about that old saying "if it sounds too good to be true..." this one smells a bit like that. they are playing with the numbers somehow and you can be certain that a dealer (if it's through them and not the factory) will be robbing you blind on any "program" that gets advertised.
always take someone with you whenever you go car shopping, even if that person just sits there and says nothing the whole time. they can be making mental notes about the conversation and pull you aside any time it sounds like you'll be getting screwed. further, always say you have to talk it over with your significant other. there is nothing the dealer can do about that, other than offer to call him. that's when you tell them that he's an over-the-road truck driver who is away on assignment right now, but he'll be back in a few weeks (if you feel uneasy about the situation) 8)
years of working as a car salesman - i've heard just about every excuse known to man why they couldn't buy that day (yet most did as long as it appeared that i sweetened the deal a bit). no, i am not happy about having been a car salesman, but it does give me unique insight into the operation that few people get to observe on a daily basis. remember that, too, that as "prepared" as you are, how often do you go shopping for a car? the person across the desk from you has to be there everyday...
__________________
JSFBOA
Save a life.
N = R* fp ne fl fi fc L
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05-24-2005, 02:27 PM
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#8
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Join Date: Aug 2004
Location: West Milford, NJ
Posts: 2,127
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Also, the card doesn't say that there are other exclusions, like other rebates won't count. Since I just graduated college I can get the college grad discount, and who knows what else. SO not only can I get my car paid off, I could get a new or used at a decent discount and lower both my payments and my insurance...
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05-24-2005, 02:29 PM
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#9
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Join Date: Nov 2004
Posts: 3,530
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[quote="jims69camaro"]something about that old saying "if it sounds too good to be true..." Â*this one smells a bit like that.
thats what my dad said about the 87 i went to look at. lol
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05-24-2005, 03:13 PM
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#10
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Join Date: Sep 2004
Location: Allentown, Pa
Posts: 257
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there's always a catch. if they're grossly inflating a trade in price, they will make up for it in other places on the deal.
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05-24-2005, 05:59 PM
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#11
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Token v6 Guy
Join Date: Sep 2004
Location: No longer neon land :(
Posts: 5,703
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Hmmmm, I'm concerned about it.... f*ckin salesmen SUCK!!!!
I LOVE to torture them while at work though.
As for using the club.... eh, it is bypassed in about 30-40 seconds.... and aftermarket stereo makes things a bit inviting
Well..... you could check it out.... see how things are.
But.... driving a non proven car into philly for work related functions makes it a bit iffy.
How car smart are you?
You may want to bring a 2nd opinion ( local gear head) for inspection of vehicle.
Or..... the north meet.... gets relocated to your dealer... and we all give their cars a full once over  that would give them a heart attack!
__________________
2013 Dodge Challenger SRT8 - 12.079 at 116.45
2010 Ford Taurus SHO - stage 4+ tune and an intake - no times yet
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05-24-2005, 06:09 PM
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#12
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Join Date: Aug 2004
Location: West Milford, NJ
Posts: 2,127
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Quote:
Originally Posted by 12secondv6
Hmmmm, I'm concerned about it.... f*ckin salesmen SUCK!!!!
I LOVE to torture them while at work though.
As for using the club.... eh, it is bypassed in about 30-40 seconds.... and aftermarket stereo makes things a bit inviting Â*
Well..... you could check it out.... see how things are.
But.... driving a non proven car into philly for work related functions makes it a bit iffy. Â*
How car smart are you?
You may want to bring a 2nd opinion ( local gear head) for inspection of vehicle.
Or..... the north meet.... gets relocated to your dealer... and we all give their cars a full once over Â*  Â*that would give them a heart attack!
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Yeah, as I said, if they want my car, they'll take it.
As for how car smart I am, I can change my oil and rotate my tires. That's about it. Hence why I thought I'd ask for someone to go with me. As for the meet bein relocated, this "deal" thing is only this week (until Sat), so that won't work, lol  Would be kinda funny tho.
I was looking online at the dealer's site, and they have a 2000 Jag S type for $16k with I think 60k miles on it. But, a jag in the city is worse than my hyundai, lol. Buy the jag, give my brother my hyundai, and then buy my dad's subaru off of him to use as my beater...lol. Anyhow, maybe I"ll run down tomorrow afternoon and see what they have/what they'll give me.
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05-24-2005, 06:20 PM
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#13
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Token v6 Guy
Join Date: Sep 2004
Location: No longer neon land :(
Posts: 5,703
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Keep us updated.
Which car people are in your area?
I dunno where north hanover is
__________________
2013 Dodge Challenger SRT8 - 12.079 at 116.45
2010 Ford Taurus SHO - stage 4+ tune and an intake - no times yet
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05-24-2005, 06:29 PM
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#14
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Join Date: Aug 2004
Location: West Milford, NJ
Posts: 2,127
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Quote:
Originally Posted by 12secondv6
Keep us updated.
Which car people are in your area?
I dunno where north hanover is Â* 
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James, you came to my graduation party in January...what car people do you think?  And besides, in the first post I said Ewing/Trenton...I'm sure you know how lives around there, lol.
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05-24-2005, 06:35 PM
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#15
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Token v6 Guy
Join Date: Sep 2004
Location: No longer neon land :(
Posts: 5,703
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Ahhhhh yes
Tim is a bit iffy w/ cars and he is old and weird lookin 
Craig.... eh... he's one of those silly v6 guys
Justin.... he might be able too
And why aren't the guys down there jumping to assist?
You central girls gotta smack your silly central guys around! They need to realize.... girls are WAY more important than cars!
Us northern guys..... we know the ladies are more important
__________________
2013 Dodge Challenger SRT8 - 12.079 at 116.45
2010 Ford Taurus SHO - stage 4+ tune and an intake - no times yet
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05-24-2005, 10:43 PM
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#16
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Join Date: Aug 2004
Location: Somerset County
Posts: 5,559
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__________________
1999 Corvette FRC
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05-25-2005, 12:12 AM
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#17
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2007 Member of the Year
Join Date: Oct 2004
Location: Seabrook, TX
Posts: 14,281
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__________________
WF=DF
Kommandant of the ACL (Anti Canadian League)
Quote:
Originally Posted by LTb1ow
Junk the pos, spend the money on beer, acquire headache.
Same result cept this headache doesnt last months.
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05-25-2005, 06:43 AM
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#18
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14 Second Club
Join Date: Aug 2004
Location: RUM$ON, NJ
Posts: 2,308
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Ill help.....granted I havent read one post in this thread besides James'....so can I get cliffnotes?
__________________
Quote:
Originally Posted by The Fapist
K0ll is a hick and has a veritable fleet of 1980-early 90's GM vehicles :mullet:
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05-25-2005, 07:51 AM
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#19
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Join Date: Aug 2004
Location: Middlesex County, NJ
Posts: 592
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Also you have a powertrain warranty on your current Hyundai; the 10-year/100,000 mile warranty for Hyundai only applies to the FIRST owner of a Hyundai that was purchased from a dealership; secondary, tertiary, and beyond owners (EVEN if bought from a dealership) DO NOT get the 10-year/100,000 mile warranty. They only get the 5-year/60,000 mile powertrain limited warranty, which I don't remember exactly what it covers, but it covers significantly less. I know this because I'm actually looking to buy a Hyundai this fall as a daily driver.
I'm down with the others...
Dealers = CRAP.
If the current car is fine, don't buy another one.
~Joe
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05-25-2005, 07:58 AM
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#20
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Join Date: Aug 2004
Location: West Milford, NJ
Posts: 2,127
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Quote:
Originally Posted by JPiZZiJP
Also you have a powertrain warranty on your current Hyundai; the 10-year/100,000 mile warranty for Hyundai only applies to the FIRST owner of a Hyundai that was purchased from a dealership; secondary, tertiary, and beyond owners (EVEN if bought from a dealership) DO NOT get the 10-year/100,000 mile warranty. They only get the 5-year/60,000 mile powertrain limited warranty, which I don't remember exactly what it covers, but it covers significantly less. I know this because I'm actually looking to buy a Hyundai this fall as a daily driver.
I'm down with the others...
Dealers = CRAP.
If the current car is fine, don't buy another one.
~Joe
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That's the thing, I don't want a Hyundai. I want something else, just about anythjing else. Like I said, they have a Jag on the lot...it's also a Cadillac dealer, so I could go that route
Want my Hyundai? Buy out my loan and it's yours.
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05-25-2005, 01:24 PM
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#21
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Join Date: Aug 2004
Location: Somerset County
Posts: 5,559
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Quote:
Originally Posted by ****OnWheels
Quote:
Originally Posted by JPiZZiJP
Also you have a powertrain warranty on your current Hyundai; the 10-year/100,000 mile warranty for Hyundai only applies to the FIRST owner of a Hyundai that was purchased from a dealership; secondary, tertiary, and beyond owners (EVEN if bought from a dealership) DO NOT get the 10-year/100,000 mile warranty. They only get the 5-year/60,000 mile powertrain limited warranty, which I don't remember exactly what it covers, but it covers significantly less. I know this because I'm actually looking to buy a Hyundai this fall as a daily driver.
I'm down with the others...
Dealers = CRAP.
If the current car is fine, don't buy another one.
~Joe
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That's the thing, I don't want a Hyundai. Â*I want something else, just about anythjing else. Â*Like I said, they have a Jag on the lot...it's also a Cadillac dealer, so I could go that route
Want my Hyundai? Â*Buy out my loan and it's yours.
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only reason he's lookin for a hynundai is for the warranty
__________________
1999 Corvette FRC
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05-25-2005, 02:00 PM
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#22
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Join Date: Aug 2004
Location: West Milford, NJ
Posts: 2,127
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Quote:
Originally Posted by j0n
Quote:
Originally Posted by ****OnWheels
Quote:
Originally Posted by JPiZZiJP
Also you have a powertrain warranty on your current Hyundai; the 10-year/100,000 mile warranty for Hyundai only applies to the FIRST owner of a Hyundai that was purchased from a dealership; secondary, tertiary, and beyond owners (EVEN if bought from a dealership) DO NOT get the 10-year/100,000 mile warranty. They only get the 5-year/60,000 mile powertrain limited warranty, which I don't remember exactly what it covers, but it covers significantly less. I know this because I'm actually looking to buy a Hyundai this fall as a daily driver.
I'm down with the others...
Dealers = CRAP.
If the current car is fine, don't buy another one.
~Joe
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That's the thing, I don't want a Hyundai. Â*I want something else, just about anythjing else. Â*Like I said, they have a Jag on the lot...it's also a Cadillac dealer, so I could go that route
Want my Hyundai? Â*Buy out my loan and it's yours.
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only reason he's lookin for a hynundai is for the warranty
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Doesn't mean I still can't try, lol.
I called this morning to see what my pay off is...$4831. KBB puts the value between $5165 and $5885 (depending if you classify it fair or good).
And true, the original warranty may not exist, but if it's 5 yrs/60k from when it's purchased by second owner, it's still pretty good, I think. Figure if I were to sell it, I'd take it in for an inspection at the dealer (free) and have them fix anything under warranty, and have them tell me what else needs to be done and I"ll get it done (belts and such, probably) before selling it.
Problem is, getting someone who will buy it. Oh well.
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05-25-2005, 02:44 PM
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#23
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Join Date: Aug 2004
Location: Middlesex County, NJ
Posts: 592
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Quote:
Originally Posted by ****OnWheels
Quote:
Originally Posted by j0n
Quote:
Originally Posted by ****OnWheels
Quote:
Originally Posted by JPiZZiJP
Also you have a powertrain warranty on your current Hyundai; the 10-year/100,000 mile warranty for Hyundai only applies to the FIRST owner of a Hyundai that was purchased from a dealership; secondary, tertiary, and beyond owners (EVEN if bought from a dealership) DO NOT get the 10-year/100,000 mile warranty. They only get the 5-year/60,000 mile powertrain limited warranty, which I don't remember exactly what it covers, but it covers significantly less. I know this because I'm actually looking to buy a Hyundai this fall as a daily driver.
I'm down with the others...
Dealers = CRAP.
If the current car is fine, don't buy another one.
~Joe
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That's the thing, I don't want a Hyundai. I want something else, just about anythjing else. Like I said, they have a Jag on the lot...it's also a Cadillac dealer, so I could go that route
Want my Hyundai? Buy out my loan and it's yours.
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only reason he's lookin for a hynundai is for the warranty
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Doesn't mean I still can't try, lol.
I called this morning to see what my pay off is...$4831. KBB puts the value between $5165 and $5885 (depending if you classify it fair or good).
And true, the original warranty may not exist, but if it's 5 yrs/60k from when it's purchased by second owner, it's still pretty good, I think. Figure if I were to sell it, I'd take it in for an inspection at the dealer (free) and have them fix anything under warranty, and have them tell me what else needs to be done and I"ll get it done (belts and such, probably) before selling it.
Problem is, getting someone who will buy it. Oh well.
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5 yr/60k warranty is limited though... it's only for powertrain, so it covers a ****load less than the original warranty.
~Joe
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05-25-2005, 02:47 PM
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#24
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Join Date: Aug 2004
Location: West Milford, NJ
Posts: 2,127
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Quote:
Originally Posted by JPiZZiJP
5 yr/60k warranty is limited though... it's only for powertrain, so it covers a ****load less than the original warranty. Â*
~Joe
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My warranty is limited too. My original warranty had the 5 yr 50k bumper to bumper...that's long gone. I'm only left with the power train...and it's a limited warranty, so I"m pretty sure it's the same that you would get buying a used car or whatever.
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05-25-2005, 07:06 PM
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#25
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Token v6 Guy
Join Date: Sep 2004
Location: No longer neon land :(
Posts: 5,703
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Keep us updated!
Also, get VIN #'s.... we may have access to carfax....
__________________
2013 Dodge Challenger SRT8 - 12.079 at 116.45
2010 Ford Taurus SHO - stage 4+ tune and an intake - no times yet
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