Reply to Buying 2nd car used. Which is better? VW bug or Toyota small car?

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[quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous]

NP. You can buy used toyotas with low mileage all day from private parties and save around 4-5k.[/quote]

Hmmm, you'd have to show your work. Post some examples and we'll see. I am sure you can find the odd private party seller that doesn't know what their car is worth, but in the modern day, it's pretty easy to find the private party value of a car. I typically sell off my cars on Craigslist if it is in good condition and it's always pretty easy to get top dollar for a gently used 2-3 year old Honda or Toyota. [/quote]

https://www.autotrader.com/cars-for-sale/vehicledetails.xhtml?listingId=541925167&referrer=%2Fcars-for-sale%2Fsearchresults.xhtml%3FsellerTypes%3Dp%26listingTypes%3DCERTIFIED%252CUSED%26startYear%3D1981%26maxMileage%3D45000%26sortBy%3DderivedpriceDESC%26incremental%3Dall%26firstRecord%3D0%26marketExtension%3Dinclude%26endYear%3D2021%26modelCodeList%3DCOROL%26makeCodeList%3DTOYOTA%26isNewSearch%3Dtrue&sellerTypes=p&listingTypes=CERTIFIED%2CUSED&startYear=1981&numRecords=25&firstRecord=0&endYear=2021&modelCodeList=COROL&makeCodeList=TOYOTA&makeCode1=TOYOTA&modelCode1=COROL&clickType=listing

The car above is going for 15k. Posters on toyota nation are saying they bought one in 2019 for 22k without taxes.  It took me about 30 seconds to find this car. They are everywhere.[/quote]

I have no idea what you are smoking. The MSRP for this car was $22,680. I saw a google result showing that someone paid $22k before taxes for a 2019 loaded XSE Hatch, which is a different beast from the 2017 sedan. It's dishonest for you to make this type of comparison. I could not find any specific mentions of Corolla XSE deals from 2017, but other Toyota Corolla trim levels in 2017 were getting over 18% discount from MSRP. Applying a basic 18% discount to $22680 gets us to $18568 as a reasonable deal on a new 2017 Corolla XSE at the time. This means you are saving about $3568 on a 3 year old car with 35k miles and almost out of warranty, one generation behind. Worst - the car has been modified, which further detracts from its value.

I can't believe you think this is a good deal.

Now to anyone else reading, if you had the chance to drive a brand new Toyota Corolla for 3 years, 35,000 miles, at a cost of about $100 a month, wouldn't be a far better deal to buy this car new, and then sell it to a sucker like the PP?[/quote]

You're a tool. It's the exact same model, what else do you want? Ignorance is bliss I guess.[/quote]

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