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Car Forum / Toyota / Toyota Cars / August 2007Least Expensive cars to own
http://www.forbesautos.com/slideshows/advice/toptens/2007/least-expensive-to-own -all.html?partner=msnbc Most expensive cars to own: http://www.forbesautos.com/advice/toptens/most-expensive-to-own-2007.html?partne r=fadc_ss_least_expensive_to_own_all Worst luxury cars for resale: http://www.forbesautos.com/slideshows/advice/toptens/2007/worst-resale-value.htm l?partner=fadc_playlist No real surprises for these lists. Natalie  Signature"This is Toyota country; so quiet, you can hear the GMs rust." >http://www.forbesautos.com/slideshows/advice/toptens/2007/least-expensive-to-own -all.html?partner=msnbc > [quoted text clipped - 7 lines] > >No real surprises for these lists. Yet you post it anyway. Dumbass. >Natalie Signaturegburnore at DataBasix dot Com --------------------------------------------------------------------------- How you look depends on where you go. --------------------------------------------------------------------------- Gary L. Burnore | ÝÛ³ºÝ³Þ³ºÝ³³Ýۺݳ޳ºÝ³Ý³Þ³ºÝ³ÝÝÛ³ | ÝÛ³ºÝ³Þ³ºÝ³³Ýۺݳ޳ºÝ³Ý³Þ³ºÝ³ÝÝÛ³ Official .sig, Accept no substitutes. | ÝÛ³ºÝ³Þ³ºÝ³³Ýۺݳ޳ºÝ³Ý³Þ³ºÝ³ÝÝÛ³ | ÝÛ 0 1 7 2 3 / Ý³Þ 3 7 4 9 3 0 Û³ Black Helicopter Repair Services, Ltd.| Official Proof of Purchase =========================================================================== > On Fri, 24 Aug 2007 00:35:27 -0400, "Wickeddoll?" > [quoted text clipped - 26 lines] > Black Helicopter Repair Services, Ltd.| Official Proof of Purchase > =========================================================================== I wonder what kind of company Black Helicopter Repair Services is? Not one I would do biz with based on Gary's postings. Do you own the company? I hope so because your boss wouldn't want your signature associated with your comments I am sure. *snipping the pervert's usual bile* "mrsteveo" I wonder what kind of company Black Helicopter Repair Services is? Not one I would do biz with based on Gary's postings. Do you own the company? I hope so because your boss wouldn't want your signature associated with your comments I am sure. MSO It is a complete waste of time to talk to that individual, Mr. Steve. Better to chat with your coffee table - it'll be more productive. I thought he was over me, but I see he's still obsessed. Very sad. Natalie > http://www.forbesautos.com/slideshows/advice/toptens/2007/least-expensive-to-own -all.html?partner=msnbc > [quoted text clipped - 9 lines] > > Natalie Saw an Echo the other day from behind. Looked like a moth with it's wings pulled off. Ugy little thing. "mark_digital©" .. > "Wickeddoll®" >> > > Saw an Echo the other day from behind. Looked like a moth with it's wings > pulled off. Ugy little thing. At least moths are better liked than cockroaches (aka Prius) Natalie > "mark_digital©" .. >> [quoted text clipped - 6 lines] > > Natalie The owner rating for the 2001 Echo on Edmunds is, even after 6 years on the road, a 9.0. That car was an excellent value and the owners can easily shrug off any disparaging remarks. Ditto for the Prius. Several friends and acquaintances own them now and they're perfectly happy with the comfort, performance, reliablity and value. SignaturePosted via a free Usenet account from http://www.teranews.com >Ditto for the Prius. Several friends and acquaintances own them now and >they're perfectly happy with the comfort, performance, reliablity and value. My in-laws still love their 1st generation Prius. "Bonehenge (B A R R Y)" "DH" wrote: >>Ditto for the Prius. Several friends and acquaintances own them now and >>they're perfectly happy with the comfort, performance, reliablity and >>value. > > My in-laws still love their 1st generation Prius. I don't have any real gripes about the Prius - but some of their owners are insufferable hypocrites. *Some* of them, that is. Natalie > "Bonehenge (B A R R Y)" > "DH" wrote: [quoted text clipped - 11 lines] > > Natalie True the tree huggers love them and they can be hypocrites. I just bought a Camry hybrid. Not a bad car. Nothing like anything I've driven before, but is bigger than the Prius and I the way it looks more. "Roy" ... > "Wickeddoll®" ... >> [quoted text clipped - 14 lines] >> Natalie > True the tree huggers love them and they can be hypocrites. With their Hummers in the garage, yes. >I just bought a Camry hybrid. Not a bad car. Nothing like anything I've >driven >before, but is bigger than the Prius and I the way it looks more. Camrys are just too ubiquitous for me, and the styling is rather bland, IMO, but of course there is no doubt of the quality/popularity of the thing. Natalie > "Roy" ... >> [quoted text clipped - 25 lines] > Camrys are just too ubiquitous for me, and the styling is rather bland, > IMO, Yup, it is bland. I was in a Charger SRT 8 so the change is big. > but of course there is no doubt of the quality/popularity of the thing. Don't need 425+HP to drive to the beach and it is nice to put regular gas in the tank. > Natalie "Roy" < > "Wickeddoll®" ... >>>> [quoted text clipped - 25 lines] > > Yup, it is bland. I was in a Charger SRT 8 so the change is big. Holy crap - I guess! What did it cost to *feed* that sucker?! >> but of course there is no doubt of the quality/popularity of the thing. > > Don't need 425+HP to drive to the beach and it is nice to put regular gas > in the tank. You can't put regular gas into a Charger? They're not diesel, are they? Natalie > "Roy" < >> [quoted text clipped - 30 lines] > > Holy crap - I guess! What did it cost to *feed* that sucker?! Too much for around town. It was a real nice thing to have going between MA and FL though. >>> but of course there is no doubt of the quality/popularity of the thing. >> >> Don't need 425+HP to drive to the beach and it is nice to put regular gas >> in the tank. > > You can't put regular gas into a Charger? I believe you can in the 3.5 maybe in some of the 5.7's but not the 6.1's used in the SRT. They're not diesel, are they? nope > Natalie "Roy" ... > "Wickeddoll®" ... >>>>>> [quoted text clipped - 31 lines] > Too much for around town. It was a real nice thing to have going between > MA and FL though. How many gallons per fill-up? MPG? Just curious. I imagine it's staggering. Why was it great for the interstate driving? Handling? I would think the MPG wouldn't be that much better on the highway. >>>> but of course there is no doubt of the quality/popularity of the thing. >>> [quoted text clipped - 9 lines] > > nope Then what?! Lighter fluid? I thought you could put any grade of gas into a non-diesel vehicle. Enlighten me. :-P Natalie > Then what?! Lighter fluid? I thought you could put any grade of gas into a > non-diesel vehicle. Enlighten me. You don't dare put 87 in our BMW. She would not be happy. Our Camry and truck are entirely another matter. "witfal" "Wickeddoll®" said: >> Then what?! Lighter fluid? I thought you could put any grade of gas >> into a >> non-diesel vehicle. Enlighten me. > > You don't dare put 87 in our BMW. She would not be happy. Thought all beemers were diesel. Guess not. > Our Camry and truck are entirely another matter. Okies... Natalie >>> Then what?! Lighter fluid? I thought you could put any grade of gas >>> into a [quoted text clipped - 3 lines] > > Thought all beemers were diesel. Guess not. ??? I can't imagine an M3,5, or 6 with a diesel. As of right now, BMW has no diesel presence in the U.S. This is supposed to change for '08 or '09, and the specs are impressive. >>>> Then what?! Lighter fluid? I thought you could put any grade of gas >>>> into a [quoted text clipped - 5 lines] > > ??? I can't imagine an M3,5, or 6 with a diesel. Why not? > As of right now, BMW has no diesel presence in the U.S. This is supposed > to change for '08 or '09, and the specs are impressive. >> ??? I can't imagine an M3,5, or 6 with a diesel. > > Why not? Because, despite the impressive performance of the new BMW diesels, they don't come close to the I6, V8, and V10 gas engines in these cars. >>> ??? I can't imagine an M3,5, or 6 with a diesel. >> >> Why not? > > Because, despite the impressive performance of the new BMW diesels, they > don't come close to the I6, V8, and V10 gas engines in these cars. Thanks for the info. > "Roy" ... >> [quoted text clipped - 35 lines] > > How many gallons per fill-up? 19 gal. > MPG? 14mpg around town, 18-20 highway depending on speed. >Just curious. I imagine it's staggering. Why was it great for the >interstate driving? Handling? Sorta like driving a 4door Corvette on the highway. >> "Bonehenge (B A R R Y)" >> "DH" wrote: [quoted text clipped - 14 lines] > a Camry hybrid. Not a bad car. Nothing like anything I've driven before, > but is bigger than the Prius and I the way it looks more. So, how much MORE did the hybrid cost than the regular Camry? What kind of fuel savings do you enjoy compared to the regular Camry? Have you calculated how long it will take for the fuel savings to cover the extra cost of the hybrid? Seriously, I want to know this. My 99 Camry will eventually have to be replaced. >>> "Bonehenge (B A R R Y)" >>> "DH" wrote: [quoted text clipped - 17 lines] > > So, how much MORE did the hybrid cost than the regular Camry? Don't know, never drove a regular Camry. >What kind of fuel savings do you enjoy compared to the regular Camry? See above. I do know that regular gas is about 20+ cents less a gallon than premium. The camry is getting 40+ around town, the Charger SRT8 was good for 14 around town useing premium gas. > Have you calculated how long it will take for the fuel savings to cover > the extra cost of the hybrid? Don't really care how long it takes. Compared to the Charger, not long. >Seriously, I want to know this. My 99 Camry will eventually have to be >replaced. >>>> "Bonehenge (B A R R Y)" >>>> "DH" wrote: [quoted text clipped - 34 lines] >>Seriously, I want to know this. My 99 Camry will eventually have to be >>replaced. Roy, we *know* that the Camry hybrid is far, far, more fuel efficient than the Charger. ( I used to drive a 74 Challenger Rallye--I know about guzzlers). What I do NOT know is how much less fuel the *hybrid* Camry uses compared to the regular Camry. My suspicion is that one would have to drive the *hybrid* Camry a long, long LONG time to actually pay enough LESS for fuel as you paid MORE for the *hybrid* model. Personally, I will NOT switch to a hybrid of anything until the hybrid price is very VERY little more than the regular model price. >>>>> "Bonehenge (B A R R Y)" >>>>> "DH" wrote: [quoted text clipped - 43 lines] > NOT switch to a hybrid of anything until the hybrid price is very VERY > little more than the regular model price. Your point? Seems that YOUR mind was already made up well before your ?'s >>>>>> "Bonehenge (B A R R Y)" >>>>>> "DH" wrote: [quoted text clipped - 46 lines] > > Your point? Seems that YOUR mind was already made up well before your ?'s My point is that the BOTTOM line is what matters. It is foolish to spend MORE for a vehicle than one has to, i.e. Buying a REGULAR Camry, even though it uses a little more gas makes MUCH more sense financially. Why pay MORE than you have to for a vehicle that WILL not be as reliable? Guaranteed, a hybrid vehicle WILL be less reliable than its regular counterpart. Guaranteed. >>>>>>> "Bonehenge (B A R R Y)" >>>>>>> "DH" wrote: [quoted text clipped - 49 lines] > My point is that the BOTTOM line is what matters. It is foolish to spend > MORE for a vehicle than one has to, If you are truly interested in BOTTOM line then you would probably be better served keeping your 99 camry and making the r&r's as needed. You will improve your BOTTOM line by NO expeniture of cash or no payments, no increase in whatever tax is associated with the purchase, lower insurance, no depreciation. > i.e. Buying a REGULAR Camry, even though it uses a little more gas makes > MUCH more sense financially. Why pay MORE than you have to for a vehicle > that WILL not be as reliable? Guaranteed, a hybrid vehicle WILL be less > reliable than its regular counterpart. Guaranteed. Oh, I see a regular Camry doesn't fail? Lol! I'd suggest you take a walk into your local Toyota service department and look around at what is in there. Anyway the warranty on the hybrid is pretty extensive, you should read up on it. > Oh, I see a regular Camry doesn't fail? Lol! I'd suggest you take a walk > into your local Toyota service department and look around at what is in > there. > Anyway the warranty on the hybrid is pretty extensive, you should read up on > it. Our '98 has been trouble free, EXCEPT for a nasty little total transmission failure at 107K. :-( A rebuilt from the dealer, and back on the road. She's now got 196K, and still running fine. >>>>>>>> "Bonehenge (B A R R Y)" >>>>>>>> "DH" wrote: [quoted text clipped - 68 lines] > Anyway the warranty on the hybrid is pretty extensive, you should read up > on it. I never SAID that regular Camrys never need repairing. By its VERY nature, the hybrid Camry is MORE complex and therefore MORE likely to need repairs than the simpler version, the regular Camry. Likewise, the 6 cyl. is more complex, etc etc.. However, I CHOSE the 6 cyl. because of its better performance, stronger suspension, etc. I don't really care if gas goes to $5 a litre--in fact I'd LOVE to see the reduced traffic that would result! >>>>>>>>> "Bonehenge (B A R R Y)" >>>>>>>>> "DH" wrote: [quoted text clipped - 72 lines] > the hybrid Camry is MORE complex and therefore MORE likely to need repairs > than the simpler version, the regular Camry. Actually you "Guaranteed" that it would be less reliable. Now it is "MORE likely". Care to show some figures or sites to substantiate that? Or is it just what you think will happen? Likewise, the 6 cyl. is more > complex, etc etc.. Are you serious? > However, I CHOSE the 6 cyl. because of its better performance, stronger > suspension, etc. I don't really care if gas goes to $5 a litre--in fact > I'd LOVE to see the reduced traffic that would result! If that's the case why don't you by a really fast performance car rather than a Toyota? I mean one second your concerned about the Bottom Line and next, the price of fuel doesn't bother you. Then the regular Camry make s more sense than a hybrid. Then your talking about a 6 cyl engine.Make up your mind, what happened to the Bottom Line that you were so hot about. Ya really should keep what you have until you get yourself sorted out. >"Bonehenge (B A R R Y)" >"DH" wrote: [quoted text clipped - 9 lines] > >*Some* of them, that is. I know what you mean. My in-laws "big" car is a new Mazda 5 mini-minivan. > "mark_digital©" .. >> [quoted text clipped - 6 lines] > > Natalie I wouldn't know. "mark_digital©" ... > "Wickeddoll®" >> >>> [quoted text clipped - 6 lines] >> > I wouldn't know. I meant the creatures, not the car, actually. Just an analogy... Natalie >> "mark_digital©" .. >>> [quoted text clipped - 6 lines] >> > I wouldn't know. It is abundantly clear that you have never had the dismal misfortune to have to live with cockroaches. Mice are almost as annoying, but at least mice are big enough to shoot. (They make excellent target practice, by the way, requiring patience, speed and accuracy.) SignatureTegger "Tegger" ... > "mark_digital©" >> >> "Wickeddoll®" [quoted text clipped - 8 lines] > It is abundantly clear that you have never had the dismal misfortune to > have to live with cockroaches. I'm from Florida - there are roaches there big enough to vote. Doesn't matter how well-off you are, they're in your house *somewhere* - you just have to keep them at bay. > Mice are almost as annoying, but at least mice are big enough to shoot. > (They make excellent target practice, by the way, requiring patience, > speed > and accuracy.) You're scary. Natalie >I'm from Florida - there are roaches there big enough to vote. Doesn't >matter how well-off you are, they're in your house *somewhere* - you just >have to keep them at bay. When I visit Florida, I'm always amazed someone hasn't saddled bugs up and called it an "attraction." <G> >>I'm from Florida - there are roaches there big enough to vote. Doesn't However, if they were DEMONrat roaches, they wouldn't be able to figure out the punch card system. >>matter how well-off you are, they're in your house *somewhere* - you just >>have to keep them at bay. > > When I visit Florida, I'm always amazed someone hasn't saddled bugs up > and called it an "attraction." <G> >>>I'm from Florida - there are roaches there big enough to vote. Doesn't > > However, if they were DEMONrat roaches, they wouldn't be able to figure > out the punch card system. It seems that nobody in FL can figure it out. "Roy"... > "sharx35" ... >> >> "Bonehenge (B A R R Y)" "Wickeddoll®" wrote: >>>>I'm from Florida - there are roaches there big enough to vote. Doesn't >> >> However, if they were DEMONrat roaches, they wouldn't be able to figure >> out the punch card system. > > It seems that nobody in FL can figure it out. Hey! I voted in Florida for the last election, and I did just fine. :-P Natalie "Bonehenge (B A R R Y)" ... "Wickeddoll®" wrote: >>I'm from Florida - there are roaches there big enough to vote. Doesn't >>matter how well-off you are, they're in your house *somewhere* - you just >>have to keep them at bay. > > When I visit Florida, I'm always amazed someone hasn't saddled bugs up > and called it an "attraction." <G> Or book flights on the Palmetto bugs... those things are fearless! You swat at them, they go on an attack vector! (I'm not kidding). Natalie > "Bonehenge (B A R R Y)" ... > "Wickeddoll®" [quoted text clipped - 11 lines] > > Natalie I suppose they're high in protein and tasty when sautéed with garlic? SignatureRay O (correct punctuation to reply) "Ray O" ... > "Wickeddoll®" ... >> [quoted text clipped - 15 lines] > > I suppose they're high in protein and tasty when sautéed with garlic? EWWWWWWW Like I'd know?! Natalie > "Ray O" ... >> [quoted text clipped - 23 lines] > > Natalie If you watch "Man Vs. Wild," "Survivorman," or "Bizarre Foods," you can learn how to take advantage of their natural crunch. ;-) SignatureRay O (correct punctuation to reply) "Ray O" ... > "Wickeddoll®"... >>>> "Bonehenge (B A R R Y)" ... >>>> wrote: [quoted text clipped - 23 lines] > If you watch "Man Vs. Wild," "Survivorman," or "Bizarre Foods," you can > learn how to take advantage of their natural crunch. ;-) I can't even imagine how hungry I'd have to be to eat bugs. Though, supposedly lobsters and king crabs are descendants of insects - I sure love those! Natalie <snipped> >>>> Or book flights on the Palmetto bugs... those things are fearless! You >>>>> swat at them, they go on an attack vector! (I'm not kidding). [quoted text clipped - 18 lines] > > Natalie When we take kids on wilderness trips, I always tell them that if they don't practice proper food protection, then they'll be eating bugs. SignatureRay O (correct punctuation to reply) >>> "mark_digital©" .. >>>> [quoted text clipped - 14 lines] > speed > and accuracy.) Mice are for beginners. If you are really good you can get the cockroaches > http://www.forbesautos.com/slideshows/advice/toptens/2007/least-expensive-to-own -all.html?partner=msnbc I *knew* I'd chosen well. :-) Cathy > Most expensive cars to own: > [quoted text clipped - 7 lines] > > Natalie > http://www.forbesautos.com/slideshows/advice/toptens/2007/least-expensi > ve-to-own-all.html?partner=msnbc [quoted text clipped - 10 lines] > > No real surprises for these lists. And it's kind of academic, anyway. The sort of people who buy the most expensive cars are not concerned about the cost of keeping them. My brother-in-law is sales manager of a Lexus dealership in Calgary. He tells me very few buyers finance their purchases. Money is evidently not an issue with these purchasers. SignatureTegger "Tegger" <... > "Wickeddoll®" > [quoted text clipped - 20 lines] > an > issue with these purchasers. Then you have the ones who really can't afford them, and end up living in it as well. LOL Natalie > "Tegger" <... >> And it's kind of academic, anyway. The sort of people who buy the >> most expensive cars are not concerned about the cost of keeping them. [quoted text clipped - 10 lines] > > LOL Those idiots deserve what they get. The take out leases with minimum down and giant buybacks. And even then they're looking at a monthly payment of $1000. Such stupidity, just so they can look cool to their friends and neighbors. SignatureTegger "Tegger" .. > "Wickeddoll®" > [quoted text clipped - 12 lines] > > Those idiots deserve what they get. Preaching to the choir here, toots. > The take out leases with minimum down and giant buybacks. And even then > they're looking at a monthly payment of $1000. > > Such stupidity, just so they can look cool to their friends and > neighbors. Ego has ruined many a person. Natalie >Preaching to the choir here, toots. My idiot Congressman (who dosen't register in many polls, and apparently attracts flies) is on the Presidential primary path preaching bailouts of morons with stupid mortgages. Remedial reading courses should be required for the idiots he's wanting to bail out. It's awful when disasters, extreme personal circumstances, etc... cause people to lose homes, but I've got no sympathy for the idiots who took negative am, "option" ARM, and the other silly loans. I am halfway with you. If there is evidence that the mortgage broker enhanced the application form I might give the homeowner a break assuming it wasn't an investment property. >>Preaching to the choir here, toots. > [quoted text clipped - 8 lines] > cause people to lose homes, but I've got no sympathy for the idiots > who took negative am, "option" ARM, and the other silly loans. >I am halfway with you. If there is evidence that the mortgage broker >enhanced the application form I might give the homeowner a break assuming it >wasn't an investment property. I totally agree! Fraud is a different matter. "Bonehenge (B A R R Y)" ... "Art" wrote: >>I am halfway with you. If there is evidence that the mortgage broker >>enhanced the application form I might give the homeowner a break assuming >>it >>wasn't an investment property. > > I totally agree! Fraud is a different matter. But still, if you know your credit is shaky, yet you seem to be getting this great deal, shouldn't you think caveat emptor? Natalie >But still, if you know your credit is shaky, yet you seem to be getting this >great deal, shouldn't you think caveat emptor? Yes. I believe what Art is talking about are the brokers who lied and fraudulently pushed though a loan, while the applicants honest information would have been rejected. Many times, the applicants had to know the broker was "enhancing" things. Often, many of the great deals didn't add up in simple math, and it was clear as day that the payment would greatly increase. Those folks, with the "We can just re-fi when the payment increases!" and "Real estate ALWAYS goes up!" mentalities are the ones who I have little sympathy for. I have a 20+ year acquaintance who was quite high up in a sub-prime lender who folded and laid off 1800 at the end of 2006. For years she's been sharing stories of some of the crap brokers would pull to get a shaky loan through. In some cases, but probably a small percentage, disclosure sheets were never provided, pages were removed from documentation, etc... "Bonehenge (B A R R Y)" "Wickeddoll®" wrote: >>But still, if you know your credit is shaky, yet you seem to be getting >>this [quoted text clipped - 3 lines] > fraudulently pushed though a loan, while the applicants honest > information would have been rejected. Ah... > Many times, the applicants had to know the broker was "enhancing" > things. Often, many of the great deals didn't add up in simple math, > and it was clear as day that the payment would greatly increase. Those > folks, with the "We can just re-fi when the payment increases!" and > "Real estate ALWAYS goes up!" mentalities are the ones who I have > little sympathy for. Good gawd, anyone who has watched the marked over the last 10 years should know better than that! > I have a 20+ year acquaintance who was quite high up in a sub-prime > lender who folded and laid off 1800 at the end of 2006. For years > she's been sharing stories of some of the crap brokers would pull to > get a shaky loan through. In some cases, but probably a small > percentage, disclosure sheets were never provided, pages were removed > from documentation, etc... My son (very briefly) tried to work for some fly-by-night broker that has since gone belly up. A friend of ours is a broker of another company, and is trying to talk my son into joining his group, but of course, my son is quite reluctant... Natalie "Bonehenge (B A R R Y)" "Wickeddoll®" > wrote: >> [quoted text clipped - 10 lines] > cause people to lose homes, but I've got no sympathy for the idiots > who took negative am, "option" ARM, and the other silly loans. You'd think that the phrase, "If it seems too good to be true, it probably is" would have taken root by now. Sadly, no. Natalie >> "Tegger" <... > [quoted text clipped - 18 lines] > Such stupidity, just so they can look cool to their friends and > neighbors. Speaking of people spending great amounts to 'look cool' I'm reminded of the recent auction of Steve McQueen's Ferrari, which went for $2.3 Million. I have no idea who bought it, but I guess the idea is that the buyer can have friends and acquaintances over to his shack to show off the car. But I wonder what the happiness quotient is when half the people will mutter an "oh, very nice" and the other half will be thinking "big f**king deal, this jerk spends millions for a 40+ year old car, who does he think he is, Jay Leno?" As a friend of mine once told a rich fellow who'd bought himself a Rolls Royce "Sorry, I'm not impressed. Any schmuck with a big checkbook can do the same thing. Now if you had told me that you got this car for $7,500, then I'd be impressed!" >>> "Tegger" <... >> [quoted text clipped - 32 lines] > the same thing. Now if you had told me that you got this car for $7,500, > then I'd be impressed!" Agreed. It takes no skill to write a check. I'd be more interested in HOW he got the money. THAT might be worthy of praise. > My brother-in-law is sales manager of a Lexus dealership in Calgary. He > tells me very few buyers finance their purchases. How do they discount cars that occasionally need to be moved? High-end products are rarely to never discounted, as the value of the brand is protected. For instance, plenty of individually owned high-end BMW's are initially leased, and not for the reasons you'd think. BMW hides the cash and discounts in factory sweetened leases, at the end of which owners may or may not buy the car for cash. These are not bank leases, but directly from BMW. Similar ideas are used to help sell things like private aircraft, luxury real-estate, etc... that aren't moving as well as the seller wants. Stated prices are NOT lowered, and the item doesn't go "on sale." Leases of high-end products have to be good enough for the buyers to capitalize on the opportunity cost of the money and see an overall advantage in the big picture, vs. the reasons financing deals are sold on lower-end products. It's also not uncommon in the business world to "carry paper" to help sell something. >> My brother-in-law is sales manager of a Lexus dealership in Calgary. >> He tells me very few buyers finance their purchases. > > How do they discount cars that occasionally need to be moved? That's a good question and I don't know the answer. I'll have to ask next time I talk to him. He tells me there is no negotiation on price. What is quoted is what is paid, and nobody dickers. I suppose when you're that high up the food chain, the cost of a motor vehicle is chump change. They have a used car (sorry, "pre-owned") department too. It has a mix of Lexuses, Toyotas and a few other makes. > High-end products are rarely to never discounted, as the value of the > brand is protected. Yeah, that's what has me curious now. They must eventually wind up with unsold stock at some point. > For instance, plenty of individually owned high-end BMW's are > initially leased, and not for the reasons you'd think. BMW hides the > cash and discounts in factory sweetened leases, at the end of which > owners may or may not buy the car for cash. These are not bank > leases, but directly from BMW. Not from a BMW-owned finance company? Toyota has an independent but wholly owned company called "Toyota Motor Credit Corporation" (TMCC), which handles leases and loans for Toyota and Lexus. > Similar ideas are used to help sell things like private aircraft, > luxury real-estate, etc... that aren't moving as well as the seller [quoted text clipped - 6 lines] > on lower-end products. It's also not uncommon in the business world > to "carry paper" to help sell something. You've mentioned lots of stuff I never thought of. I've printed this off and will ask next time I talk to him. Thanks. SignatureTegger >He tells me there is no negotiation on price. What is quoted is what is >paid, and nobody dickers. I suppose when you're that high up the food >chain, the cost of a motor vehicle is chump change. Only to people who don't have it. Trust me, wealthy people, maybe with the exception of some entertainer-types or lottery winners who came into money easily, actually do look at the price. The "dickering" on high end items usually involves the level of service and after sale commitment that goes with the stated price, creating a value. If the value isn't there, there's no deal. It's not about specific price, but perceived value. >Not from a BMW-owned finance company? Exactly, _the_ BMW finance company. >Toyota has an independent but wholly owned company called "Toyota Motor >Credit Corporation" (TMCC), which handles leases and loans for Toyota >and Lexus. There you go. Thank you, Natalie for the interesting links about car values. Your wise comments (for example, 'Ego has ruined many a person') always seem to add a certain dignity to the group. - Jack > Thank you, Natalie for the interesting links about car values. > > Your wise comments (for example, 'Ego has ruined many a person') always > seem to add a certain dignity to the group. > > - Jack Thanks! :-) Natalie |
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