[djrobsd]

Whatever you do, resist the temptation to buy new. You’ll lose 10-20% the minute you drive it past the curb of the dealership…

I highly recommend looking at a 1-2 year old used model, with low miles, in the certified pre-owned category, every car dealer has a CPO program most come with 100,000 mile warranties including: Toyota, Ford, BMW, Lexus, etc….

Save the depreciation, buy used! Don’t get the GAP coverage (you can buy it online for half the price the delaer charges), DO NOT GET THE CREDIT PROTECTION OR THE LIFE INSURANCE, NO PERMA PLATING OR CLEAR COATING … LOL

Don’t finance it through the dealer, line up your own financing before you go in there…. I don’t think you can put the whole thing on a credit card…

And…. Last but not least, if you do buy new, use a car buying service (they’re free) like Edmunds to help you negotiate the best deal. Pitt the dealers against each other to negotiate the lowest price.

I usually shoot for Invoice… but sometimes you can buy below…

And whatever you do, DONT TRADE YOUR CAR IN, sell it privately.

[djrobsd]

Whatever you do, resist the temptation to buy new. You’ll lose 10-20% the minute you drive it past the curb of the dealership…

I highly recommend looking at a 1-2 year old used model, with low miles, in the certified pre-owned category, every car dealer has a CPO program most come with 100,000 mile warranties including: Toyota, Ford, BMW, Lexus, etc….

Save the depreciation, buy used! Don’t get the GAP coverage (you can buy it online for half the price the delaer charges), DO NOT GET THE CREDIT PROTECTION OR THE LIFE INSURANCE, NO PERMA PLATING OR CLEAR COATING … LOL

Don’t finance it through the dealer, line up your own financing before you go in there…. I don’t think you can put the whole thing on a credit card…

And…. Last but not least, if you do buy new, use a car buying service (they’re free) like Edmunds to help you negotiate the best deal. Pitt the dealers against each other to negotiate the lowest price.

I usually shoot for Invoice… but sometimes you can buy below…

And whatever you do, DONT TRADE YOUR CAR IN, sell it privately.

[djrobsd]

That’s just wrong. By the way, if you use a Mac instead of a PC, it auto spell checks all your posts on the web for you as you’re typing them… One more reason to use a Mac, but wayyyyyyyyyyyyyyyyyy off topic for this site.

[djrobsd]

That’s just wrong. By the way, if you use a Mac instead of a PC, it auto spell checks all your posts on the web for you as you’re typing them… One more reason to use a Mac, but wayyyyyyyyyyyyyyyyyy off topic for this site.

[djrobsd]

That’s just wrong. By the way, if you use a Mac instead of a PC, it auto spell checks all your posts on the web for you as you’re typing them… One more reason to use a Mac, but wayyyyyyyyyyyyyyyyyy off topic for this site.

[djrobsd]

That’s just wrong. By the way, if you use a Mac instead of a PC, it auto spell checks all your posts on the web for you as you’re typing them… One more reason to use a Mac, but wayyyyyyyyyyyyyyyyyy off topic for this site.

[djrobsd]

That’s just wrong. By the way, if you use a Mac instead of a PC, it auto spell checks all your posts on the web for you as you’re typing them… One more reason to use a Mac, but wayyyyyyyyyyyyyyyyyy off topic for this site.

[djrobsd]

For me, if I hadn’t already bought and I was sitting on the sidelines, at this point, given all the lessons I’ve learned as a buyer who bought during the peek and now can’t sell my home….

I would only buy again if the prices drop to a level where:

a) The payment doesn’t exceed 30-40% of my monthly take home pay.

b) The house I can buy for that amount is in the neighborhood I want to call home, and if the kind of home that I can live in until retirement.

c) Rent is equal to or greater then my housing payment will be. Remember the good old days when they used to say “Why throw your money away on rent when you can own for less?” LOL

When conditions are met, I’ll buy again….

[djrobsd]

For me, if I hadn’t already bought and I was sitting on the sidelines, at this point, given all the lessons I’ve learned as a buyer who bought during the peek and now can’t sell my home….

I would only buy again if the prices drop to a level where:

a) The payment doesn’t exceed 30-40% of my monthly take home pay.

b) The house I can buy for that amount is in the neighborhood I want to call home, and if the kind of home that I can live in until retirement.

c) Rent is equal to or greater then my housing payment will be. Remember the good old days when they used to say “Why throw your money away on rent when you can own for less?” LOL

When conditions are met, I’ll buy again….

[djrobsd]

For me, if I hadn’t already bought and I was sitting on the sidelines, at this point, given all the lessons I’ve learned as a buyer who bought during the peek and now can’t sell my home….

I would only buy again if the prices drop to a level where:

a) The payment doesn’t exceed 30-40% of my monthly take home pay.

b) The house I can buy for that amount is in the neighborhood I want to call home, and if the kind of home that I can live in until retirement.

c) Rent is equal to or greater then my housing payment will be. Remember the good old days when they used to say “Why throw your money away on rent when you can own for less?” LOL

When conditions are met, I’ll buy again….

[djrobsd]

For me, if I hadn’t already bought and I was sitting on the sidelines, at this point, given all the lessons I’ve learned as a buyer who bought during the peek and now can’t sell my home….

I would only buy again if the prices drop to a level where:

a) The payment doesn’t exceed 30-40% of my monthly take home pay.

b) The house I can buy for that amount is in the neighborhood I want to call home, and if the kind of home that I can live in until retirement.

c) Rent is equal to or greater then my housing payment will be. Remember the good old days when they used to say “Why throw your money away on rent when you can own for less?” LOL

When conditions are met, I’ll buy again….

[djrobsd]

For me, if I hadn’t already bought and I was sitting on the sidelines, at this point, given all the lessons I’ve learned as a buyer who bought during the peek and now can’t sell my home….

I would only buy again if the prices drop to a level where:

a) The payment doesn’t exceed 30-40% of my monthly take home pay.

b) The house I can buy for that amount is in the neighborhood I want to call home, and if the kind of home that I can live in until retirement.

c) Rent is equal to or greater then my housing payment will be. Remember the good old days when they used to say “Why throw your money away on rent when you can own for less?” LOL

When conditions are met, I’ll buy again….

[djrobsd]

According to the DataQuik chart, Hillcrest is down 25% year over year. Is this really true, or do you think where was just a huge swing back towards lower end homes sold last month versus some higher end ones in previous months? Hillcrest has a dramatic range of values, from the 200k studio condo to the 3 million dollar estate (those are very rare, but there are a few in 92103). 😉

[djrobsd]

According to the DataQuik chart, Hillcrest is down 25% year over year. Is this really true, or do you think where was just a huge swing back towards lower end homes sold last month versus some higher end ones in previous months? Hillcrest has a dramatic range of values, from the 200k studio condo to the 3 million dollar estate (those are very rare, but there are a few in 92103). 😉

[djrobsd]

According to the DataQuik chart, Hillcrest is down 25% year over year. Is this really true, or do you think where was just a huge swing back towards lower end homes sold last month versus some higher end ones in previous months? Hillcrest has a dramatic range of values, from the 200k studio condo to the 3 million dollar estate (those are very rare, but there are a few in 92103). 😉

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