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question regarding the economy and cars
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lücid
is now a good time to buy a car?

i'm thinking current interest rates will be low and i'm trying to think ahead since i'd like to trade my car in before it starts costing me ass-loads of money to fix it... i just can't decide whether it's smarter to do it before or after i move this summer.
Ian
if you can afford to, yes. My friends dad just bought 3 new cars, her, her sister and him and got a great deal on them. Potentially they'll be so desperate to sell you one you can perhaps get some good deals :)
winston
expect gas prices to go up in the summer, plan for the worse; yes, it's a good time to buy an american vehicle, specially if your transport system sucks; otherwise, I'd suggest you take the sub/train/___ alternatively.
iammesol
Gas will go up, but you can get tax breaks on hybrids like crazy. And yeah, interest is down too. Do it smart, Myra! :)
lücid
Ian, that's kind of what i'm hoping. i know i owe more on my loan than my car is worth right now. i'm thinking i'll be less likely to get ed with the trade-in amount since they probably just want the sale.

Enrique, that's my ultimate goal... but while i'm still in Wisconsin and hunting for jobs in other states and preparing to move, i can't really live without a vehicle.
lücid
how much is gas expected to go up this summer?

i'd lovelovelove a Hybrid but unfortunately most are out of my price range. :(
elFreak
If you are planning to buy a car in wisconsin and move to another state in it, i would be sure to check everything involved in this. I can't say if the USA is the same as Canada, but here some warranty issues become null once you move the car away from the original dealer that you bought it from.

Can't give you a number on the gas going up, but rest assured it will. Summers are always like that because of larger demands.
winston
quote:
Originally posted by lücid


Enrique, that's my ultimate goal... but while i'm still in Wisconsin and hunting for jobs in other states and preparing to move, i can't really live without a vehicle.


right, but I don't really know how good transportation is in Milwaukee. I'd say it's above average in Chicago (compared to places like LA and NYC, which are up to par imo). Anyways, I understand where you're coming from, try living without a car in the souf!
iammesol
quote:
Originally posted by lücid
how much is gas expected to go up this summer?

i'd lovelovelove a Hybrid but unfortunately most are out of my price range. :(


Maybe in the short term, but think big.
winston
most of the people that complain about the transport system in chicago are majority of folks who live in the 'burbs'. It's actually very hard to live in the suburbs of cook county without a vehicle, according to some friends of mine.

ps: myra, im jealous of the fun you guys had at wmc; god, i need a lawn, a bar, a drink & tons of sun.

lücid
quote:
Originally posted by elFreak
If you are planning to buy a car in wisconsin and move to another state in it, i would be sure to check everything involved in this. I can't say if the USA is the same as Canada, but here some warranty issues become null once you move the car away from the original dealer that you bought it from.

i'm assuming this is for extended warranties and not manufacturer warranties? definitely something i'll keep in mind when shopping around.
gehzumteufel
quote:
Originally posted by elFreak
If you are planning to buy a car in wisconsin and move to another state in it, i would be sure to check everything involved in this. I can't say if the USA is the same as Canada, but here some warranty issues become null once you move the car away from the original dealer that you bought it from.

Can't give you a number on the gas going up, but rest assured it will. Summers are always like that because of larger demands.

In the US this does not apply unless they are extended warranties being provided by the local dealer.

Myra: Get a diesel if you can afford it. The premium for a hybrid is too much. Here is a 2008 Jetta TDI that got 60mpg in real world driving. And this was by a regular consumer and his wife, not the EPA/DOT testing. And if I remember correctly, a TDI is only like 23k. :)
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