Keep an old car or sell it?
10 years ago
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What do foodies keep in their car?
Comments (36)Ya! BB&B coupons. Quarters. I forgot those things! I just bought a new car this weekend but don't pick it up till Sunday so I have all week to clean out my old car which I've had for TWELVE years. I'm thinking that I'm going to find all KINDS of stuff in the nooks & crannies that I'd forgotten I had. I'll report back if anything interesting pops up. Just thinking about it now, I do also keep some CDs hidden away in there that I almost never listen to. LOL Plus hard candies that I might grab on the way out of a restaurant for later... and then never eat! I keep 2-3 pairs of reading glasses and yes, a pair of scissors too. I have to admit the reason for the scissors is very specific. One of our favorite local Mexican restaurants prints a coupon every week in the local throw-away paper that is local to their area. Houston's pretty big and we're not in the delivery zone for that paper although we're really not that far from the restaurant. The paper's office is very close to the eatery though, so we always swing by there and grab one from their dispenser (free) on the way to eat. Thus we need the scissors in the car - to cut out that coupon!...See MoreIs it nuts to hold onto an old car - and keep repairing it?
Comments (37)" Is it nuts to hold onto an old car?" Not no but He@@ NO! Whats nuts is buying a new car. First off, the only time you ever get a chance to drive a "New Car" is that brief period at the dealership when they allow you a test drive. During the test drive the car is still registered under the dealers "In Transit Title" and it is legally a new car. The moment the title is put in your name and you sign the document it becomes a "Used Car" and the value instantly drops from the MSRP window sticker to the "Blue Book Price" even before you attach your license plates or start the motor the first time. What is really nuts is taking a cash rebate instead of demanding they take that number off the selling price. Consider the facts. They artificially inflate the price by $2,000 and offer you a $2k rebate which you are to receive after the sale. You negotiate your best price (which still contains that artificially inflated $2,000) and you sign the contract. You now have two choices, you can write them a check for the full amount or you have to finance the transaction. If you have to finance it, you are now paying interest for the full term of the note on that rebate, even though you will get the money back at closing. Not a bad deal for them, they hold your money for perhaps one day and you pay interest on it for 5 years. Now, when you get insurance you are also paying insurance on that $2,000 rebate that you took back immediately and went shopping for other stuff you probably didn't need. Oh yes, Did I mention that you also payed sales tax on the rebate money tooo. But then it is not all bad, hopefully you don't live in my state where you have to pay an excise tax on the value of your vehicle every year, including that $2,000 artificial markup. Personally, I wouldn't buy a new car if I won the lottery....See MoreNeed advice for selling used car
Comments (4)you don't say where you live. If someone wants to test drive it and they come to look in a nicer car than you're selling you can ask for their keys and hold their car as collateral when they test drive. If they like the car and want to buy it, then have them pay with a certified bank check or cash. Meet them wherever you want. FWIW, I bought a car online. I live in MA and he lives in NH. we were at a stalemate because MA doesn't let you register a car with the title and he wasn't going to give me the title without paying him first. I wasn't going to pay him without taking possession of the car. so as a compromise, the seller agreed to have someone (his wife) follow him and he brought it to my house on his plates. Prior to him coming I had a certified bank check drawn in his name for the full amount and send him an image of the check. He went to a local branch of the same bank with the image and they confirmed the validity of the check. When he got to my house, I gave him the check, he signed the title over to me and took his plates with him. In another transaction of a classic car I sold it sight unseen to someone 1500 miles away. He sent a wire transfer of the money to my bank and arrange for a transport truck to come and get the car. Of course we communicated by email and phone a number of times prior to the actual transaction and we had faith that we were both on the up and up....See MoreSelling old house, any tips to sell it fast?
Comments (59)We are currently under contract for full asking price (all cash) after 4 days of showings and two offers, so I (smugly) feel qualified to answer this question. This is our third time selling and the second time with a quick sell in a buyer's market. Here's what we did: Interviewed three real estate agents. They all came up with the same selling price, so we chose a flat fee agency and are saving $12,000 in commissions. This agent was very good, took professional pictures, wrote the listing, posted to MLS, dealt with contract negotiations, the whole shebang minus open houses which we didn't want anyway. Super happy with this company. I did research the agent on Realtor.com before choosing him. Took our agent's advice on pricing. We were not in a hurry to sell, looked at the comps, and agreed that our agent had us solidly in the middle of what we could reasonably expect to sell our house for. Through the 9 years we have owned the house, we have updated everything, including having our very small Florida yard professionally landscaped. Fixed everything that was broken Cleaned everything Repainted where we couldn't clean the walls or trim adequately Decluttered, put a bunch of stuff in storage Staged the house nicely Put everything personal away for showings The only things on counters were decorative Bowl of green apples on kitchen counter for a pop of color against the granite Hung fresh white towels that we don't use in the bathrooms Used tasteful artificial flower arrangements in most rooms Fresh mulch in garden beds Refreshed flowers in front borders Trimmed hedges and trees Turned on all of the lights before showings House was spotless for showings (we don't normally live this way, but it's worth it to get top dollar for our house and not prolong the painful selling process) Turned on our Sonos to soft jazz music Got ourselves, our cats, and the litter box out of the house for showings Here's what we didn't do: Neutralize all of the colors in the house. We have earthy tones of blue, green, rust, and aqua in our house, but everything is not beige, white, or gray.. Get rid of curtains (I posted several months ago about this, ultimately decided to keep them) Hire a professional stager Set the table with plates Scent the house with anything We met our buyers on Saturday for the home inspection and asked them what made them want the house. They said: Loved the landscaping Looked professionally staged Clean and inviting Didn't need to do anything to the house Looked well taken care of We are super happy with our experience selling this time, love our buyers, and are looking forward to the May 8 closing!...See More- 10 years ago
- 10 years ago
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