We bought a car

February 11, 2008 at 1:08 pm Leave a comment

We’ve been having some car problems over the last few months. First, our brakes were going out, so we got those fixed. Then, an oil leak was getting worse and worse, so we took the car in to get that fixed. It was at that time that we were told they couldn’t fix the oil leak. “Quite frankly,” the mechanic said, “it wouldn’t be worth it. The engine is going out, and you either need to get a new engine or replace the car. I’d recommend the latter.” The only problem, we thought, was that we didn’t have enough money for that.

It’s been a week or so since we were notified about the condition of our car. And, we’ve been faced with a tough decision. We knew we were going to have to replace it, but we did not want to enter into a payment situation. With the car having trouble just getting started, we decided to start looking for another car.

We checked the local papers and car sites and found one viable option. But, the car had pretty high mileage. After some thought and serious prayer, we felt this wasn’t a good buy.

Then, I get an email from a local dealer advertising a weekend sale of their entire pre-owned inventory. I told my husband we could go look. Even if nothing comes of it, we’d have a better idea of a realistic price range. One of our friends actually works at this particular dealership, and I mentioned to his wife the day prior that we might stop in.

When we got there, he had already found a car for us to look at. It was still getting prepped for the lot, so he drove us over there to check it out. It was a nice darker blue sedan that could definitely fit our growing family. He gave us the key and said we could give it a test drive. We did just that.

After a bit of discussion between my husband and I, we liked the vehicle and felt it was a good fit. We drove back to the dealership and talked numbers. Our good friend gave us an offer we’d be crazy to refuse. But, we still had to see if we could pull it off. We thought, at the time, that we’d have to finance a small portion and have it paid off in a month or two. The thought of financing even such a small amount just didn’t sit well with us. But we were given a great offer.

We returned home to look over our numbers. It didn’t take long for us to realize that we actually had the money to pay for the car outright. We checked twice, and then again a third time. The money was there.

So, we cleaned out our junky car and drove it to the lot. They were able to give us $200 for it, but added another $50 to cover the processing fee. We paid $5,100 cash for a new car (well, new to us) that was listed at $7,980. Even Kelly Blue Book has it listed at $5,300 private sale for that car in only fair condition. This car is in very good condition. I believe we got a great deal.

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Entry filed under: Spending.

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