How much will you pay to buy a car?

1. 67

   Debby Bruckposted 12 years ago

   How much will you pay to buy a car?
   
   Thinking about purchasing a used or new car? How much are you willing to pay? Do you walk in the dealership with a budgeted amount? How do you determine the cost and value for this form of transportation?
   
   

   replyreport
2. 0

   JThomp42posted 12 years ago

   Yes, I am actually ready to do some car shopping. Probably a used car (around 2 to 3 years old). I do have a price in mind and will not exceed it by no means. I do not believe in having a car payment every month, I just don't like the interest and the bank having the title to the car. It is also easier to bargain with car salesmen if you are paying cash. If you finance there are so many hidden charges in the contract it is ridiculous. I always look up the value on the NADA used car site to determine the true value of the car. And, always ask to see a carfax that will tell you everything about the car. Who has owned it, where, any accidents, etc.

   replyreport
   1. 67

      Debby Bruckposted 12 years agoin reply to this

      Jeff - Thanks for tips on bargaining, financing and car history. How did you determine the price limit for your future automobile purchase?  So, you go with the NADA value and will pay that amount?

      replyreport
   2. 0

      JThomp42posted 12 years agoin reply to this

      Normally you can haggle them below the NADA If you are paying cash. Say the car was 10,000 dollars, I would offer them 8,000 with tax, tags and title included. They would probably jump all over it. Especially this time of year. You are very welcome.

      replyreport
3. 84

   incomeguruposted 12 years ago

   Setting a price limit for probably a used car will depend on certain criteria like the mileage, model and even the country of purchase. The most important factor is that the mileage must be very low.

   replyreport
   1. 67

      Debby Bruckposted 12 years agoin reply to this

      Do you mean that the car should get many miles per gallon of oil; or that the number of miles already driven on the car should be low? Thank you for criteria to determine the set price of the car. So, you go in knowing just how much you will pay?

      replyreport
4. 59

   Goody5posted 12 years ago

   That really depends on the car. It would probably be a good idea to shop around a lot, pay attention to the end of year sales, and check the price on the blue book.

   replyreport
   1. 67

      Debby Bruckposted 12 years agoin reply to this

      Hi Goody - Does this mean that by comparison shopping, you might possibly be willing to spend more than you thought originally? I'm curious to know whether people have a set price in mind; or over the course of investigation will change.

      replyreport
   2. 59

      Goody5posted 12 years agoin reply to this

      By comparison shopping you'll be sure that you have the best deal possible. Good luck Debby 

      replyreport
5. 60

   Jennifereveposted 12 years ago

   Well debby its depend on financials. You must have earned alot form HUbPages. This is why you are asking financial questions lolz.
   Don't mind I'm joking.
   Well seriously I'll spend not more than $100,00/-.

   replyreport
6. 61

   arafatrahman77posted 12 years ago

   wah...its an interesting question.i will pay 29,000$ for buy a car.

   replyreport
   1. 67

      Debby Bruckposted 12 years agoin reply to this

      Yikes! That is a high set point compared to what I would pay.

      replyreport
7. 58

   SoManyPathsposted 12 years ago

   $20k with 40mpg+ (maybe 15k to 20k down). I like low payments.

   replyreport
   1. 67

      Debby Bruckposted 12 years agoin reply to this

      If you have saved up enough to make large downpayment or get good trade in value for your old car this sounds like a good idea.

      replyreport
8. 76

   Cobrafanposted 12 years ago

   The amount I would pay for a vehicle would be determined by how much I feel a vehicle is worth as well as the monthly payments a bank could get me at.

   replyreport