Lemon Car Advice
#1
Lemon Car Advice
So there is a 2017 Miata RF at my local dealership for $20,889. it has only 4,000 miles. The Issue is that it is a lemon car. They say it is because the hardtop needed to be replaced. Do any of you guys have any experience with Lemon cars? It seems cheap enough to be a fun daily driver for a few years, but I don't know it affects the resell value. Thanks for any advice!
#2
It's a gamble. Car could be lemoned for any reason and I would definitely be weary of taking the dealer's word for what actually happened to it. It definitely will affect resell since it will have a lemon title. I actually lemoned a truck about a year ago because the fuel pump went out and they couldn't get one in for months. Absolutely nothing really wrong with the truck once it was finally fixed but it'll carry that lemon title.
#5
Yes, it may only be worth half of what it would list with a good title, but every year that delta gets smaller and smaller. How long would you own it? I bought a salvage title car and couldn't be happier. And in 6-10 years that car will be worthless (when I wear it all out) and 1/2 of worthless isn't much.
#6
Yes, it may only be worth half of what it would list with a good title, but every year that delta gets smaller and smaller. How long would you own it? I bought a salvage title car and couldn't be happier. And in 6-10 years that car will be worthless (when I wear it all out) and 1/2 of worthless isn't much.
I'm not unilaterally opposed to buying salvage but
1) Most people overpay, thinking they're getting a good deal
2) Each car needs to be considered (and inspected) on its own merits.
#8
While true, you are in the vast, vast, vast minority if you buy new'ish vehicles and drive them until they're only worth a few hundred dollars. It's also more difficult to insure and finance salvaged vehicles, to say nothing about the extent of the damage and quality of repairs.
I'm not unilaterally opposed to buying salvage but
1) Most people overpay, thinking they're getting a good deal
2) Each car needs to be considered (and inspected) on its own merits.
I'm not unilaterally opposed to buying salvage but
1) Most people overpay, thinking they're getting a good deal
2) Each car needs to be considered (and inspected) on its own merits.
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mazpr
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08-26-2011 09:17 AM
posidon42
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02-27-2008 07:41 PM