Message Font: Serif | Sans-Serif
 
UnThreaded | Threaded | Whole Thread (12) | Ignore Thread Prev Thread | Prev | Next | Next Thread
Author: Donna405 Big gold star, 5000 posts Old School Fool Add to my Favorite Fools Ignore this person (you won't see their posts anymore) Number: of 19224  
Subject: Re: Leasing a car? Date: 3/13/2013 9:11 PM
Post New | Post Reply | Reply Later | Create Poll . Report this Post | Recommend it!
Recommendations: 2
Gordon, I fully agree with you. The last time I bought a car was in 1997, and I purchased a 1994 Volvo 940, which I am still driving. I agree also, that if a warranty is not offered with the used car, a mechanic should completely inspect the car. I was fortunate, in that I paid cash for the car, did some serious negotiating, including the Blue Book, and had the dealer (Volvo) pay for 1/2 of a 3 year warranty. As a note, the car was still under the original warranty. Two weeks after the original warranty expired, I had problems with the transmission. The $375.00 I paid toward the extended warranty saved me more than $2700.00 in repairs.

Because I keep the maintenance up to date, the car is driving beautifully. At this point, I have no plans to trade it or buy a new one. At the age of 68, this may be my last car. If it is not, I will do the same thing I did when I bought my car 16 years ago. As a note, all maintenance, including 4 new tires, 3 oil changes (at 5,000 miles) and even little irritating things I had replaced...my total bill for the year was around $1,100.00.

Donna
Post New | Post Reply | Reply Later | Create Poll . Report this Post | Recommend it!
Print the post  
UnThreaded | Threaded | Whole Thread (12) | Ignore Thread Prev Thread | Prev | Next | Next Thread

Announcements

Post of the Day:
TMFDeej's CAPS Blog

Name of the Game: Tax Avoidance
What was Your Dumbest Investment?
Share it with us -- and learn from others' stories of flubs.
When Life Gives You Lemons
We all have had hardships and made poor decisions. The important thing is how we respond and grow. Read the story of a Fool who started from nothing, and looks to gain everything.
Community Home
Speak Your Mind, Start Your Blog, Rate Your Stocks

Community Team Fools - who are those TMF's?
Contact Us
Contact Customer Service and other Fool departments here.
Work for Fools?
Winner of the Washingtonian great places to work, and "#1 Media Company to Work For" (BusinessInsider 2011)! Have access to all of TMF's online and email products for FREE, and be paid for your contributions to TMF! Click the link and start your Fool career.
Advertisement