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To new car or not to new car that is the question

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blackcats
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To new car or not to new car that is the question  Reply with quote  

I need you finance guru's to shake me back into reality.

I currently have a car (fiat) that is perfectly fine. Just reached 60,000 mile mark. Recently serviced and detailed to celebrate the new mileage milestone. I've only had the car to 2.5 years. Not sure how i put on so many miles. My work is 15 miles round-trip and I haven't done any road trips. go figure. I love driving that car though.

So while i was at the dealership i was "convinced" to get a new car. Trade-in for my current one is 6400. They are trying to sell me same model, different color (w/ heated seats and nav) msrp 20,395. With all discounts applied I would have to finance or come up with 15,342.

The wrinkle is i am moving out of the country so i have to get an expedited title to go along with the purchase which they are willing to provide. I'm concerned about shipping this new vehicle overseas without really driving it. If something went wrong I couldn't just take it back or go to service. I don't even know if the basic warranty is valid in germany. I can afford to pay cash for the vehicle, but should I.

I signed the paperwork to purchase the car, but not taking possession until the title question is cleared up. So I have until thursday to truly cancel the purchase. Should I just stick it out with my current car and maintain it as much as I can while abroad.

That shiny new car is so tempting, but I love my car and the color. I have an addiction to new cars. This would be my third new car in 3 years. I need therapy. Advice please.

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Last edited by blackcats on Mon Jan 16, 2017 12:17 pm; edited 1 time in total
Post Thu Jan 05, 2017 10:09 am
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Publius
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The long term financial concerns aside, aren't you going to pay a bundle to ship the car to Europe? How long will you be in Germany? Why not sell the car here and buy another when you get to Germany? I would at least look into what European cars cost over there. Taxes, tariffs, free trade and VAT in the EU are all going to effect the cost and you need to at least consider that as part of the cost of the transaction.
Post Thu Jan 05, 2017 2:24 pm
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Petert0204
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To new car or not to new car that is the question  Reply with quote  

quote:
Originally posted by Publius
The long term financial concerns aside, aren't you going to pay a bundle to ship the car to Europe? How long will you be in Germany? Why not sell the car here and buy another when you get to Germany? I would at least look into what European cars cost over there. Taxes, tariffs, free trade and VAT in the EU are all going to effect the cost and you need to at least consider that as part of the cost of the transaction.


I agree with Publius here. Why not go and buy a car in Germany? Also, if you are not emigrating there then you shouldn’t spend much there.
Post Tue Jan 17, 2017 6:10 am
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