My new car payment is $1,000

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:thank god we bought our highlander in 2019 - was 35k off the lot and we paid cash. are they going for 60k now?

A new Highlander is literally $56 off the lot. And that’s only if you can find a dealership that has one, and you get what you get, no choosing your colors or interior options etc. if they have one on the lot that’s what u get

I *literally* just drove a new AWD Highlander XLE off the lot for 35k. Paid cash. Financing 60k is absurd.

I call BS. The MSRP on 2021 AWD XLE is $41K+. If you bought the car in VA, you would have had to pay approx $33,000 + tax, title, fees. There is no way you got a $8,000 discount off MSRP right now, unless you forgot to mention a trade in or downpayment.

I'm in the market and just want to know where. Highlanders are one of the cars that we're looking at and getting anything more than a token amount off of MSRP seems hard right now.

I call BS too. We’ve been car shopping too. No Highlanders for under 40k.

+1. You can barely find a used one.

[Anonymous]

Anonymous wrote:

Anonymous wrote:You bought new, which was stupid. The second you drove off the lot, guess what you have? A used car. I bought a CRV with 30,000 mikes on it. Special edition, perfect condition. Paid in cash. You bought new and expensive—what did you expect?

it's 2021. not 2019.

I just did a search on DARCARS Bowie, where I bought my CRV, for used CRVs and Odysseys. Found several 2020, 2019 and 2018 used models in good condition in the $35-40 range. Some of them were at the Frederick or Silver Spring locations, but point is: you can find a good-quality used vehicle in the greater DC area for $35-40. No need to buy a new $60K vehicle and complain about it.

Sorry to burst your fantasy bubble.

[Anonymous]

Lots of people do this. No one is admitting here, I see. My neighborhood is filled with 60k+ cars. We bought a new car in the spring, it was $48k (3 row SUV). Like you, we wanted new & we wanted three rows. Our monthly payment is about $750. It’s fine. It’s our only car payment. Obviously we wouldn’t have done it if we couldn’t afford it! $1000 a month does seem jaw dropping but I assume you can afford it.

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:You bought new, which was stupid. The second you drove off the lot, guess what you have? A used car. I bought a CRV with 30,000 mikes on it. Special edition, perfect condition. Paid in cash. You bought new and expensive—what did you expect?

it's 2021. not 2019.

I just did a search on DARCARS Bowie, where I bought my CRV, for used CRVs and Odysseys. Found several 2020, 2019 and 2018 used models in good condition in the $35-40 range. Some of them were at the Frederick or Silver Spring locations, but point is: you can find a good-quality used vehicle in the greater DC area for $35-40. No need to buy a new $60K vehicle and complain about it.

Sorry to burst your fantasy bubble.

Yes, it's part of the same DCUM fantasy that says there are no homes under $1.5m.

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:thank god we bought our highlander in 2019 - was 35k off the lot and we paid cash. are they going for 60k now?

A new Highlander is literally $56 off the lot. And that’s only if you can find a dealership that has one, and you get what you get, no choosing your colors or interior options etc. if they have one on the lot that’s what u get

I *literally* just drove a new AWD Highlander XLE off the lot for 35k. Paid cash. Financing 60k is absurd.

I call BS. The MSRP on 2021 AWD XLE is $41K+. If you bought the car in VA, you would have had to pay approx $33,000 + tax, title, fees. There is no way you got a $8,000 discount off MSRP right now, unless you forgot to mention a trade in or downpayment.

I'm in the market and just want to know where. Highlanders are one of the cars that we're looking at and getting anything more than a token amount off of MSRP seems hard right now.

By new, I think she means 2016, which is how far back you have to go to get an XLE AWD Highlander for $35k OTD.

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:thank god we bought our highlander in 2019 - was 35k off the lot and we paid cash. are they going for 60k now?

A new Highlander is literally $56 off the lot. And that’s only if you can find a dealership that has one, and you get what you get, no choosing your colors or interior options etc. if they have one on the lot that’s what u get

I *literally* just drove a new AWD Highlander XLE off the lot for 35k. Paid cash. Financing 60k is absurd.

I call BS. The MSRP on 2021 AWD XLE is $41K+. If you bought the car in VA, you would have had to pay approx $33,000 + tax, title, fees. There is no way you got a $8,000 discount off MSRP right now, unless you forgot to mention a trade in or downpayment.

I'm in the market and just want to know where. Highlanders are one of the cars that we're looking at and getting anything more than a token amount off of MSRP seems hard right now.

I call BS too. We’ve been car shopping too. No Highlanders for under 40k.

+1. You can barely find a used one.

Sorry not sure what to tell you. It’s true. Albeit not in Virginia - moved south recently and there’s loads of them here.

[Anonymous]

NP. In the market for a new car and looking like our payment will be $500-$600 / month. With this shortage, am I better off leasing and then buying in a few years when supply is back to normal? I can’t stomach the thought of paying over MSRP and $600 for a car feels like… a lot. Looking for something around $40k with a $5k down payment.

[Anonymous]

My spouse has had people contacting him from CA, WVA, IL, NY, etc. to get a Genesis because there are none in their state. CA didn't work out (too difficult logistically) but the last Genesis he sold (this past weekend) was to a couple from MS who DROVE to the dealership to get the car they ordered as it came off the truck. He tells his potential buyers you have to be willing to fire immediately on whatever car you are looking at because on some days there are up to three couples looking at / test driving the SAME car. Every has to wait in line... if the first buyer backs out it goes to potential buyer no 2 and so forth (this is also for Hyundais). Used cars are also a hot commodity as has been noted here.

[Anonymous]

1.9% is very low, OP. Enjoy your car and make sure you do the required maintenance. I bought a 55k vehicle 12 years ago, paid it off in 5, and it is still a pleasure to own and going strong.

[Anonymous]

Anonymous wrote:This is the OP. The used car market is trash right now and used cars and certified used cars are the same price as the new cars, so it didn’t make sense for us to buy used. We also had bought our old cars used and wanted a new car. I know it’s not an ideal time to buy, but with 2 kids we had to for space issues. And for those you asking why I’m shocked or if I can do math, Yes I can do math, and yes I knew the price would be $1,000, I guess what am I trying to say is it just sucks that it costs so much and I’m a bit nervous about since I’ve never owned a new car with payments before.

I'm not singing you for but Ng a new car or the amount of your payment. We have two cars we bought new and our payments are both about 500/month. Of course, like all cars they seat two people in the back with room for a third in a pinch, but I suspect neither would be big enough for you.

What I am tired of are people buying cars for "space issues." Your precious darlings would fit in a hatchback. You don't need to transport the soccer team.

[Anonymous]

Me too, OP. The car market is crazy right now but I needed an SUV. Did I need the expensive one I got? No, but I sure do love it and money-managing spouse who makes double my salary said we can afford it. YOLO, I guess.

[Anonymous]

Don’t you sign something when you purchase that lays out financing? Why are you surprised?

Three kids, two adults in an old Camry. No car payment, no regrets.

[Anonymous]

Anonymous wrote:Lots of people do this. No one is admitting here, I see. My neighborhood is filled with 60k+ cars. We bought a new car in the spring, it was $48k (3 row SUV). Like you, we wanted new & we wanted three rows. Our monthly payment is about $750. It’s fine. It’s our only car payment. Obviously we wouldn’t have done it if we couldn’t afford it! $1000 a month does seem jaw dropping but I assume you can afford it.

It's not fine. You bought a crappy Gus guzzler and you don't need three rows.

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:thank god we bought our highlander in 2019 - was 35k off the lot and we paid cash. are they going for 60k now?

A new Highlander is literally $56 off the lot. And that’s only if you can find a dealership that has one, and you get what you get, no choosing your colors or interior options etc. if they have one on the lot that’s what u get

I *literally* just drove a new AWD Highlander XLE off the lot for 35k. Paid cash. Financing 60k is absurd.

I call BS. The MSRP on 2021 AWD XLE is $41K+. If you bought the car in VA, you would have had to pay approx $33,000 + tax, title, fees. There is no way you got a $8,000 discount off MSRP right now, unless you forgot to mention a trade in or downpayment.

I'm in the market and just want to know where. Highlanders are one of the cars that we're looking at and getting anything more than a token amount off of MSRP seems hard right now.

I call BS too. We’ve been car shopping too. No Highlanders for under 40k.

+1. You can barely find a used one.

Sorry not sure what to tell you. It’s true. Albeit not in Virginia - moved south recently and there’s loads of them here.

Still think this is BS. I live in the South too. We’ll just have to not believe each other.

[Anonymous]

I mean this is just simple division. $60,000 / 60 months.

I would never spend that on a car, but I understand that people do.