How Many New Cars Do People Actually Buy?

[villageidiot]

Don't recall what I paid for it, but my neighbor wants to buy it when I get the Mav. It's got 46k and change on it and I told him I'd take 6k for it.

mine had 48k on it when I got rid of it in 2007!

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[Packer Bill]

I buy new and keep them for 10 years. Either I sell the 10 year old car or give it to one of the kids (all are married and have kids).

 

[A Dodge that drives Fords]

I'm 51 I've had 9 Ford's the Maverick will be number 10 and this will be my second new vehicle the other was my 2002 Mustang GT.

 

[carbonmav05]

Depends on what is out. I’m 21 and this is my 4th new vehicle. Never been upside down or had negative equity at all. Get a car I like, have it for a while, test out the market if there is a new vehicle that I like more and go from there. Can’t find the perfect one if I don’t test em all out!

 

[caring1]

I see posts of people trading in 2020 and 2021 models for their Maverick. Or planning to sell them. And yes, I know the used market had absurd prices but that seems to have settled a little so maybe that's not as big an incentive now? Anyhow, how often do you buy a brand new car?

I ask because I haven't bought brand new in 27 years. Always slightly used to let someone else take the major depreciation hit. (I know that has temporarily changed over the last almost 2 years.) But the Maverick is so cool, so versatile and priced so cheaply, I had to order one. (It's great when kids graduate college , get employed and get off the payroll.)

So do people actually go upside down on loans, roll them into a new vehicle, have monthly payments of $500 or more or is everyone else like me and saving up to pay for the car without having to pay interest? Or take advantage of the 0% financing?

Long, rambling question(s). Hope that makes sense.

Depending on the interest amount I always finance my vehicles as I can make the funds work better for me in other ventures and not being tied up in a vehicle. The Model X would have been my highest which was around $1,500/month.

 

[Nomadikhan]

I'm 37 and this is my second new vehicle, first was at 20 when I bought a new ranger STX. Personally, I'm not sure I'll buy new anymore after the maverick. Prices are outrageous and I don't use 70% of the tech anyway. Only buying maverick because price wise it's comparable to what I was looking at for a used vehicle. I may continue to look at late 80s and early 90s trucks to find a project to restore while i drive the maverick, then trade the maverick in once paid off. Did I mention, I just don't use the tech in these cars these days? lol

 

[abjbrtd]

i buy a new car, on average, every 11 months, and have every year since 2003


dont even ask about my motorcycle habit.

I’ve bought new for over 25 years. I keep them around a year however some haven’t lasted 3 months before unloading them . Always pay cash

I was reluctant to post till I saw posts like these

I've felt buying used was buying someone else's Problems till this century

1st new car 69 Chevelle SS
74 Pontiac GTO P
77 Chevy Impala
Used P
83 S10 Blazer P
87 Mercury Topaz
89 Honda Accord
92 Infiti J30
94 Dodge Dakota P
Used P
97 Cadillac Catera big P
98 Ford Ranger
Used
03 BMW X3
Used
08 Lincoln MKX
Used
Used
15 Audi A3
16 Jeep Cherokee
18 Hyundai Kona

98 Ranger

 

[electruc]

Interesting responses. I keep vehicles for 10 years or more.

I hesitate to even consider a new truck in 2021 with all supply chain shortages, but the hybrid Maverick will fit my lifestyle better and save enough gasoline to justify buying it now instead of later. I have not tried to order yet, so I think I will miss out on 2022 anyway and be forced to wait until 2023. I am hoping there is a hybrid Ridgeline, Tacoma or something to give the Maverick some competition to consider if I have to wait until 2023.

 

[TheShark]

I need to sit down and count all the cars I've owned in my 64 years. I can tell you I've had 3 cars in 4 months this year. Started off with a 2020 Mazda CX-30 I sold to Carvana for a $1500 profit, then I bought a '21 Bronco Sport Outer Banks, had that for 1.5 months, sold that for a $5k profit and bought a '21 Bronco Sport Badlands. I happened upon the Badlands, someone didn't follow through on their order and it became available. I was shocked when Carmax offered me $5k more than I paid for it.

 

[BMCGC]

1974-2022 18 new vehicles, 30 used vehicles, 27 motorcycles, 3 wives

 

[LAClippers420]

Maverick will be the first new vehicle I purchase for myself, pretty much trying to save as much as I can for a down payment so that the monthly payments are as low as possible.

 

[Vemmer3]

1966 Mustang 6cyl 3 speed
1972 Pinto sw
1985 Blazer S10
1989 Mitzubishi Mirage
1998 Dodge 1/2 Ton
2005 Saturn Vue
2007 Saturn Aura
2010 Dodge Ram TRX
2013 Honda CRV

2022 Ford Maveric???????????????????????????????????????

 

[vezpa]

I have worked at dealerships the last 13 years, mostly GM. I always bought a 1 year old car every 4 years and certified them for me and every member of my family. Now used vehicles are no longer the deal they were by any means. We grabbed a 8 month old vehicle last year in May 2020 for my wife with 6k on the odometer for 2/3 of the original sticker price. That was the last deal on a used vehicle we got.

The last new car I bought was a fully loaded X-cab GMC Sonoma in 1999.

 

[TCK]

I buy all my cars new, knowing I will drive them completely into the ground on my commute. This will be my fourth new car driven into the ground, and those years will be fun!

 

[skadizzle]

Don't recall what I paid for it, but my neighbor wants to buy it when I get the Mav. It's got 46k and change on it and I told him I'd take 6k for it.

Where in FL are you? My dad has been looking for a Ranger unless its already promised to the neighbor.

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