Which one is a better investment? - Page 4 - GM Forum - Buick, Cadillac, Chev, Olds, GMC & Pontiac chat


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View Poll Results: Better Investment?
Buy a junker and use the saved money to fix it 11 57.89%
Buy a new car and not worry about issues 8 42.11%
Voters: 19. You may not vote on this poll

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Old 04-23-2008, 09:40 PM   #31
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Sorry Frank, that was a typo

Don, you have my dilemma spot on... To tell you the truth, I think I should probably take my chances and buy an older car. It seems like it'd be the most realistic choice given my current situation. Maybe even a dead one and bring it back.

Heh, I was thinking about what Frank said in an earlier post, how most of it was emotional, and to an extent, he'* right. Whenever my car shifts just the slightest bit wrong, if the idles off or something like that, I start getting nervous and paranoid, to the extent of near-insanity... I think that'* one of the things that'* been stressing me out so much lately... Anyways, I guess it boils down to what ends up happening. If I can find a car that suits me, while being able to sell my Impala, I'll do it.

But I will NEVER sell my car before buying another. That'* what got me stuck with this car, rushing around trying to find a reliable car because someone didn't want to wait to buy it from me...

I guess we'll just see what happens...
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Old 04-23-2008, 10:17 PM   #32
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All I can tell you is that you have an 00 Impala for one thing... I think that was the first year of production for that car... Its always a bad thing to buy them in the first year of production.. Too many issues..

My 95 was the 4th production year for the body / electrical.... and 5th year for trans production... First year for the L36 tho.... Can't tell you how many times the EPROM'* have changed or been updated to correct for various issues with the powertrain... And even then the motor was a 94 Production build.. I had one of the really early production L36 engines.... A few years down the road some of the issues they had were corrected... The piston to bore clearance on my original motor is nuts and even on the good cylinders..

My Cousins 95 SLE has always been a very quiet 3800... No ticks no taps at all... Very late 95 Production build... The 96 Motor I ended up with was a 11/95 Production and is as quiet as my cousins car... My original was never quiet..

Each car has a different set of issues... I just happen to thing you ended up with a lemon of sorts..

I have a Fellow Associate that has an 03 Impalla... Really nice car.... But it feels and drive like a piece of junk... I couldn't stand the car..

I hope you will find something good...

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Old 04-23-2008, 10:30 PM   #33
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Hey at least with your current car you can get cars to move over on the hwy cause you car looks like 5oh
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Old 04-23-2008, 11:31 PM   #34
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You still owe $6,000 on an 8 year old vehicle? You should just keep it and fix it up.
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Old 04-23-2008, 11:59 PM   #35
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I saw this car and thought of you

http://rockford.craigslist.org/car/653919225.html

Cheap, Loaded, and Slightly modded.
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Old 04-23-2008, 11:59 PM   #36
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Quote:
Originally Posted by Skippy1827
You still owe $6,000 on an 8 year old vehicle?
Whats the problem with that? Some people owe more than that on older cars
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Old 04-24-2008, 12:17 AM   #37
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Quote:
Originally Posted by xDRx
I saw this car and thought of you

http://rockford.craigslist.org/car/653919225.html

Cheap, Loaded, and Slightly modded.
Ohhh my.... I know two people that need that car more than me though...
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Old 04-24-2008, 12:36 AM   #38
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Quote:
Originally Posted by petraman
Quote:
Originally Posted by xDRx
I saw this car and thought of you

http://rockford.craigslist.org/car/653919225.html

Cheap, Loaded, and Slightly modded.
Ohhh my.... I know two people that need that car more than me though...
wow thats pretty rare the 3.0 v6 with a 5 speed.
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Old 04-24-2008, 05:06 PM   #39
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$300/mo car payment isn't for "executives"

If you're worried about your current car being a time bomb again, unreliable, etc, than an older, unfamiliar car isn't necessarily the magic potion. Used can go either way as you've found out. I know you've done a lot of work on that car, but realistically, what will really go wrong with it now? At the least, don't sell it and become upside down on the loan...

Then again... if you're not sure if you can float a slightly higher car payment, you probably can't or more importantly, shouldn't. I don't get how some people put themselves close to financial strain for a vehicle... Bigger fish to fry IMO.

As you've found out, a car payment with no warranty can be a huge drain financially.. If you're going with a loan, definitely find one with a warranty (sounds like you would if you go that route).
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Old 04-24-2008, 05:26 PM   #40
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The only reason I didn't go with a warranty is because I've heard horror stories about third party warranters not paying up. I've heard they try to find any way possible to prove that it was something you did and not the car'* fault. I didn't really want to get into that kinda mess...
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