To Buy or Not to Buy

[coffenut]

I am so very torn right now.

I am in the market for a 2020 ORP (Blue) and I suspect that there may be some very good deals to be had out there. However, who knows what state my employment will be in the next couple of months.

So I am torn between trying to get the best possible deal and being responsible.
Arrrrgh. I hate being an adult.

 

[rushrunner]

Buy! Win for you. Win for the sales person.

 

[Jsch222]

See why the April incentives are. Nobody is buying cars right now. There will be good deals available and likely 0% financing with interest rates so low.


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[coffenut]

0% financing is what I am really hoping for. Of course, as soon as I buy, I'll lose my job (I'm the person Murphy interviewed for his laws). <G> But you're right .... April incentives might be worth waiting for especially as I do not HAVE to buy a new car.

 

[rushrunner]

See why the April incentives are. Nobody is buying cars right now. There will be good deals available and likely 0% financing with interest rates so low.


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Not true. We bought two last week.

2020 LTD for the wife
2020 CRV for my son

Best deals I ever got. I posted elsewhere on here.

 

[LandCruiser]

Buy now.

I doubt that the factories are running at anywhere near capacity right now and dealers are giving ridiculous deals on inventory so they can keep the lights on.

 

[jmasse]

I just bought a 2020 Off Road premium for $2000 below invoice and there's 1000 rebate as well. I had the same concerns but could not pass up the opportunity.

 

[TRD Pro Dan]

Not to be that guy, but these do hold their value really well. If you got a good enough deal and did lose your job (I sure hope you don’t), you could likely quickly sell it for nearly as much as you bought it. At least by me you can.

 

[rushrunner]

.....and if you do lose your job, you will look great driving from interview to interview. Also, back window down baby!!!!

 

[Louisiana Overland]

I have been looking for a second vehicle and am looking in particular at the Subaru Outback. Subaru has 0% for 63 months right now on the Outback. I was scouring used cars, but with that interest rate Im considering new. Id wait for better financing terms. 2-3% reduction in interest rate easily beats a $1k rebate.

 

[osugsxr]

If you have the savings in case you you're laid off go for it. As for the 0% financing if toyota offers it along with incentives I might consider it. The residual value on toyotas are excellent. Market hopefully has bottomed out but the covid-19 will take awhile to recover from. There will probably be more incentives / price drops on cars along with the 0% financing.
Next few years should be interesting for trucks and suvs. I'm waiting on either the bronco or next gen tundra. I would purchase now if there is a great deal on a gmc sierra 1500, tundra, or f150 raptor. We are probably a few months from it though till dealers need to sell.

 

[Drobs]

I'd wait a few more months for this pandemic to end but do keep an eye out for deals.

 

[RichinRidgewood]

IMHO

Money
Job
Truck
Good

No Money
No Job
Truck
Bad

Money
No Job
Truck
Depends

Money
No Job
No Truck
Good

 

[rushrunner]

Enjoy yourself. Jobs will come and go. At the end of the day, nobody really cares about you. Only you can make you happy. Get the truck.

op2:

 

[delloro]

I would wait at least a couple weeks, we are supposed to be looking at another month of this.

Let the screws tighten more on the dealers, and get a better idea about your job.

 

[Veinz]

Unless you're paying it all up front with plenty of savings to spare, the smart thing to do would be to wait this out for at least another 1 or 2 months. Don't listen to these idiots telling you to buy it now, especially if you're not in desperate need of a new vehicle and not sure of your future employment either. Who says there won't be good deals on during the summer time anyway?

 

[Honda pc]

RECESSION now, people losing jobs, and yet you want to buy $$$ cars...with uncertain of your jobs future stability... Great plan.

Buy if you're rich otherwise cash is king.





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[rushrunner]

RECESSION now, people losing jobs, and yet you want to buy $$$ cars...with uncertain of your jobs future stability... Great plan.

Buy if you're rich otherwise cash is king.





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If you have the means, I highly recommend it. Plus, it is so choice.

Remember, life is short, money will come and go. Enjoy yourself.

The day you don't give a sh#t is the day you become an adult. :car:

 

[osugsxr]

RECESSION now, people losing jobs, and yet you want to buy $$$ cars...with uncertain of your jobs future stability... Great plan.

Buy if you're rich otherwise cash is king.

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its just money cant take it with you. If you have the means and arent worried about about the economy go for it. Its a good time to negotiate, but would wait for a few months till dealers need to sell. Its also a good time to buy in the market, last few years have been good.

 

[rushrunner]

its just money cant take it with you. If you have the means and arent worried about about the economy go for it. Its a good time to negotiate, but would wait for a few months till dealers need to sell. Its also a good time to buy in the market, last few years have been good.

It's a win win for you and the salesman. Feed the economy. :lock1: