Well I got to take a look at it today...I was mislead on a couple things. First off, it isn't a 2006; the car is a 2001 model. It's a pretty big difference if you ask me. The second major difference was when my friend told me the car had 100,000 miles on it, he was rounding wayyyy down from 158,000. Again, that's a pretty big difference. Good news is there is minimal rust (whatever rust does exist is superficial), and the car has all new electrical, tubes, brakes, and filters. My mechanic friend seems to still think it's not a bad deal. The owner doesn't seem to mind if I drop the vehicle off at my mechanics garage to see if there is any damage you can't see from the road (he said that Taurus' tend to rust at the joints or something like that). If everything pans out, and the immediate repairs can be kept to a minimum I think i'll still go through with the sale. I'll be sure to keep everyone updated!
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First Car: Buy or Lease?
- Thread starter bmilla35
- Start date
By all means, intervene at your own impulse.
You know you wanna.
wow someone got an invitation to help themselves... why cant i get one???
good luck man. my past experience with american cars past 100k isnt very good at all. hence why we only buy japanese and have been for years. that being said. if your friend cant see any issues and please let him drive it too then go for it. being that young with limited funds you gotta do what you gotta do. drive it like grandma and keep it maintained. no need in spending $ on synthetics and etc. just find some name brand oils and gear oils ( dont forget transmission fluids) on sale and roll with it. that car wont last another 100k anyway.
- Joined
- Nov 22, 2008
- Messages
- 840
College kid..you need a beater or maybe two.
My daighter's were
280 Z
Celica
280 Z
this was after she wrecked she and her Mom's new Pulsar for the last time. Her cars always included Bodywork by Bash before she was done. She was on a unintended 5-year college completion plan, now in her 40's and a teacher she takes very good care of her cars. Our insurance company said we like you but if your kid stays on your policy someone is going to pay us a lot of money..we stayed, she didn't.
Avoid debt whenever you can..you are mortgaging your FUTURE way of life with installment credit.
+1 on Dave Ramsey.
My daighter's were
280 Z
Celica
280 Z
this was after she wrecked she and her Mom's new Pulsar for the last time. Her cars always included Bodywork by Bash before she was done. She was on a unintended 5-year college completion plan, now in her 40's and a teacher she takes very good care of her cars. Our insurance company said we like you but if your kid stays on your policy someone is going to pay us a lot of money..we stayed, she didn't.
Avoid debt whenever you can..you are mortgaging your FUTURE way of life with installment credit.
+1 on Dave Ramsey.
$1500. 158,000 miles. And over ten years old.
If it needs any work to run smoothly and safely, skip it. It's not worth it.
If it's ready to roll, go for it. For that price if you drive it six months and it bursts into flames, you can walk away with a smile knowing you got more than your money's worth out of 'er. In the meantime, while you're driving that older practically-free car, you can be saving for something better/newer/prettier/whatever. Every month you drive that Taurus take the money you would otherwise be making a car payment with and save it. $200/mo, $400/mo, whatever you think a car payment should be. Then when that old car finally does kick the bucket, you'll have a nice wad of cash for either a down payment or buying something outright.
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I've never been a Taurus fan, more of a coupe or convertible sort of guy, but we had a new Taurus for a rental recently. Pretty dang nice inside. :thumbup:
If it needs any work to run smoothly and safely, skip it. It's not worth it.
If it's ready to roll, go for it. For that price if you drive it six months and it bursts into flames, you can walk away with a smile knowing you got more than your money's worth out of 'er. In the meantime, while you're driving that older practically-free car, you can be saving for something better/newer/prettier/whatever. Every month you drive that Taurus take the money you would otherwise be making a car payment with and save it. $200/mo, $400/mo, whatever you think a car payment should be. Then when that old car finally does kick the bucket, you'll have a nice wad of cash for either a down payment or buying something outright.
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I've never been a Taurus fan, more of a coupe or convertible sort of guy, but we had a new Taurus for a rental recently. Pretty dang nice inside. :thumbup:
You're probably right about this (bolded). My dad had an awesome Toyota that had 230K miles on it and still ran ridiculously smooth. Too bad he hammered three deer with it a few weeks back...
Hey i'm trying to avoid debt! Instead of buying two beaters, though, I plan on buying a beater and a nice little bike
I'm not necessarily a Taurus fan either. Beggars can't be choosers, though. This could be a good deal. I'm willing to put some money into it, but nothing over a couple hundred.
The car was dropped off at his garage earlier today so he could get underneath it. He plans to have a list of things it needs and how much it costs, including labor, by tomorrow morning! After driving it I can say it runs pretty smooth. It needs some air in the tires and maybe a fuel filter (this is coming from him), and a battery in the near future.