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Mr.Bill

(24,467 posts)
Sat May 15, 2021, 04:01 PM May 2021

I did something yesterday I've never done.

I bought a new car without even opening the hood, and I've been a gear head for most of my life.

The lease was running out on my 2018 Sentra and the used car market is so crazy right now, the dealer offered to pay off the residual on my lease and give me 5K to put down on a new one. Payment for me will be the same, but I'm buying instead of leasing. Good deal for me and the dealer, because he will still make money selling my leased car. Because of the pandemic, it only had 18K miles on it.

This is my third Nissan Sentra, I leased the first two. The new Sentra is way improved over my first two. Lots more safety and entertainment features.

I am someone who has built several car engines, and when I got home I did open the hood. If I was shown a photo of what was under that hood, I would almost not be able to identify it as a car engine. Only things like the battery and dipstick would give it away.

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Mr.Bill

(24,467 posts)
3. My last two were very reliable, too.
Sat May 15, 2021, 04:10 PM
May 2021

Although I only owned them for three years and never reached 35K miles with either one. Nothing but oil changes.

MerryHolidays

(7,715 posts)
2. The used car market has definitely gone crazy
Sat May 15, 2021, 04:10 PM
May 2021

A year ago, we got an offer from a dealer to buy my wife's car for around $20K. Today, more than a year and about 8000 miles later, we have an offer for $24K. That's nuts, give the passage of more than a year and adding more mileage to it.

I was getting my car serviced yesterday and walked around the dealer's used car lot. I was SHOCKED at the prices that I saw on "pre-owned" vehicles aged 2017 and newer.

MerryHolidays

(7,715 posts)
5. I am trying to convince my wife to sell now, so long as she has a deal for a new car
Sat May 15, 2021, 04:15 PM
May 2021

Take a look at this article from CBS News: UNBELIEVABLE the prices for even high mileage cars (and our car is MUCH lower mileage than these):

https://www.cbsnews.com/news/used-car-market-pricing-inflation/

Mr.Bill

(24,467 posts)
7. Honestly, I would have waited awhile to sell/trade mine,
Sat May 15, 2021, 04:32 PM
May 2021

but my lease was running out and I didn't really want to buy it, because the warranty would be running out. I think prices will continue to go up for awhile. Prices are going up even on recently purchased new ones, too. I had to pay sticker price on my new one, and they only had two new Sentras on the lot. This is at a huge Nissan Dealer where they typically would have 50 of them.

Pinback

(12,335 posts)
6. What *is* all that crap?
Sat May 15, 2021, 04:24 PM
May 2021

That's what I say when I open the hood of any car made in the last 10-15 years.

I'm not a gear head, but in my younger, more impecunious days, I did plenty of minor repairs out of economic necessity. It now seems strangely refreshing how much unused space they left under the hood in some of those cars! And when well maintained they still ran like a top with so "few" (compared to a modern car) components.

A couple of years ago we got a new Subaru with the "EyeSight" technology, and it's fantastic to have all the safety features -- which have already helped us in a couple of near-miss situations with idiot drivers. Of course, I still think a backup camera is an incredible luxury. Hell, I'm old enough to still be amazed by intermittent wipers!

Enjoy your new wheels, and congrats on the transaction.

drray23

(7,694 posts)
8. thats what i drive too
Sat May 15, 2021, 04:32 PM
May 2021

My Sentra has 218253 miles as of today. Only had to do regular maintenance on it. I take care of it and it purrs.


Mr.Bill

(24,467 posts)
9. What year is it?
Sat May 15, 2021, 04:40 PM
May 2021

Does it have the CVT transmission? In the earlier models, those were somewhat problematic.

drray23

(7,694 posts)
10. 2013 sentra with CVT.
Sat May 15, 2021, 04:41 PM
May 2021

No issues with it. Maybe I lucked out.
On edit: Most of my commute is highway driving, not urban driving.

Mr.Bill

(24,467 posts)
11. Have you had the transmission serviced regularly?
Sat May 15, 2021, 04:45 PM
May 2021

On car forums they are pretty adamant about that on these cars.

 

Chainfire

(17,757 posts)
13. I buy cars new and drive them until the wheels fall off.
Sat May 15, 2021, 05:21 PM
May 2021

I have literally driven cars to the junk yard.....Car dealers and barbers have always hated me.

Ocelot II

(117,564 posts)
14. The last time I bought a new car the salesman opened the hood to show me the engine
Sat May 15, 2021, 05:57 PM
May 2021

and I hardly recognized anything that was in there. I'm old and I'd become used to things like carburetors and air filters and throttle cables, which have gone the way of the buttonhook and 8-track tape. I was able to identify the battery but nothing else looked at all familiar.

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