New car for cheaper payment. Silly?

Discussion in 'The Okie Corral' started by Budqweiser, Oct 20, 2020.

  1. AK_Stick

    AK_Stick AAAMAD

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    Aren’t all the Subaru AWD vehicles short of the WRX, limited slip engagement systems, like the Honda now?
     
  2. Pandaz3

    Pandaz3

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    First you have been taking care of your present car right? You will have some maintenance repair after time. Things wear and need replacing. You have mechanical skills right. Rock Auto, Car Parts, are online parts. NAPA, Auto Zone. O'Reilly's are brick and mortar store with online capability.

    Just a couple more years? Like 24 extra payments. Payments now $200 and the will creep 'Just a little' say to $230 times 24 is around $5500 plus you might owe that extra $30 for the rest of your current loan say 30 months x $30, another $900,

    CV Axles are the most common wear item in FWD and Outback's might have other problems, but new CV's are $50 to $65 each from Rock Auto.

    Give yourself something to do that is meaningful. Save the extra money in a Roth IRA.
     

  3. Detectorist

    Detectorist

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    Do it. Peace of mind is worth a lot
     
  4. ZekerMan

    ZekerMan ZekerMan

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    Do it if the payment won't put you in a bind. I have a 18 Forester Premium and REALLY like it, I think the Forester looks better than the Outback as well. I think you can disable the Auto Stop Start easier on the Forester as well. Mine was the last yr. without the ASS system.
     
  5. Budqweiser

    Budqweiser

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    Thanks for the replies. I’m toying with the idea. My dealership is ready to make great deals recently. I think they are hurting for business.
     
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  6. deputy tom

    deputy tom Gringo Viejo

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    If I could get a new car for less than I'm paying for my old car, I would be trading it. Trust your gut. tom.
     
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  7. Budqweiser

    Budqweiser

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    That’s what they are offering. Of course it would mean a new 5 year loan. I’ve been treating a car payment like a Netflix payment for the last few years so a smaller one would be easier to deal with. Yes I know I wouldn’t own it for a while. But I just got a new job 7 months ago that is economy proof.
     
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  8. FoodBag

    FoodBag Previously nutsnax

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    Taking out more debt when the world appears to be slowly (until quickly) coming apart seems like a really bad idea.
     
  9. kiser64

    kiser64

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    We aren't payment buyers by any means, but my wife and I are both at peace with the fact that we will always have a car payment-Most probably for my wife's car. It is what it is... I'll probably pay off our home and still have a car payment...That said, I'd say go for it. If you don't trust your outback with the mileage, the peace of mind is worth the new loan as far as I'm concerned. Hell, you should be able to get a rate close to 0%, so the loan should also be cheap.
     
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  10. Budqweiser

    Budqweiser

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    It’s great for around town and might be okay for trips but it’s getting where it will need a full suspension rebuild. I wouldn’t go into the desert with it. I like it a lot so I am torn, hence the question. Drop 2-3K into a car with 120K miles or just get a different horse. I bet a new one would take me into retirement.
     
  11. Victor Dubya

    Victor Dubya The Kindly Curmudgeon

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    I would never "Share the Love" with a Subaru. They are the flagship of the enviro-nutcases.
     
  12. deputy tom

    deputy tom Gringo Viejo

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    Only you can solve this situation. tom. :cowboy:
     
  13. TN_G26

    TN_G26

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    I have driven Toyota’s for 20+ years. Never got rid of one under 200k miles. My 2012 Tacoma has 210k on it and gets driven 120 miles a day. If your at 120k and are worried about it, I’m not sure I would look at the same brand. If your telling yourself your worried about it just to make yourself feel better about trading it, that’s another thing lol.
     
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  14. wally1

    wally1

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    I am a believer in repairing thing instead of replacing them, but where will you be when it unexpectedly breaks?
    I recently reluctantly traded in my 18 year old car (paid off 16 years ago) for a new one.
    Buying new works for me because I will keep it for a very long time.
    At my age, it is probably the last car I will buy.
     
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  15. DAKA

    DAKA

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    If it will make you happy (And you can afford it)....DO IT....YOLO...
    .................................(You Only Live Once)
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  16. 3007

    3007 Previously Will Beararms

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    That’s just it, Subaru’s have always filled a niche. I drove Accords when I provided my own vehicle. For the money, they were bullet proof.
     
  17. Budqweiser

    Budqweiser

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    I’d love to buy a brand new 1988 Accord. Honestly my biggest reason not to is the loss of power going to a 4 cyl engine. I know they have come a long way but it is the biggest hitch.
     
    Last edited: Oct 20, 2020
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  18. Joshhtn

    Joshhtn The eBay Guy

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    Life is short and it's shorter for some than others...

    Do what makes you happy.
     
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  19. Budqweiser

    Budqweiser

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    You always seem to give great advice.
     
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  20. Budqweiser

    Budqweiser

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    By the way I hope you guys are doing well in your new digs in TN. You have the cutest kid in the world. I know you will be the perfect dad.
     
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