5 ms·
What legitimate reason does a person have to sell their car before the first year ends? Seems highly wasteful to me, but maybe there is something I don’t know?
by andrewxdiamond 5y ago
What legitimate reason does a person have to sell their car before the first year ends? Seems highly wasteful to me, but maybe there is something I don’t know?
Edit: friends, the downvote button is not a “I disagree with you” button. This isn’t Reddit.
- masklinn 5y agoOne could imagine a scenario where e.g. you buy this, fall on hard time, and have to sell it to make it through. Seems like a small minority of possible cases, unless you really didn't have the means to buy it in the first place.
- throwawaygh 5y agoYou decide you don't like the car. The car is a buggy piece of shit. The care works well enough but is constantly being recalled and you need a 365 work truck. (I just went into a Ford dealership to test drive a Mach-E and was told I can't because there's a seat belt recall.) You lose your job. Your parents get sick and you move in with them to help out, but they live in the middle of nowhere and you need >200/300 mi range. I could keep going all day.
- MarkMarine 5y agoLemon law protects against a number of these things
- shmatt 5y agoWarranties and Lemon Laws cover the first few cases For the others, indeed buyers should see this more as a lease type contract for the first year, where you can't just get rid of it without paying a fine
- mywittyname 5y agoIt protects against the "buggy piece of shit" but only in very specific cases, which depend entirely upon which state you live in. Most notably, it only applies to new cars. Some states require you to be out of a car for a total of 90 days in one calendar year, and/or have the same problem occur several times. In several states, recalls don't count towards lemon law because it's a preventative measure, or only applies if the nature of the recall renders the car inoperable. Meaning, you can wait four years for a replacement of a potentially deadly airbag. You can absolutely have a buggy piece of shit that can't be lemon law'ed. Getting a car lemon law'ed is a nightmare. It's rare that you have a cut-and-dry case. Just ask people with those Ford Powershift transmissions in their Fiestas. A warranty will ensure that someone doesn't have to pay to fix the buggy piece of shit, assuming the buggy shit isn't a wear item that the dealership can claim that the owner broke. But there's still the hassle of scheduling the fix, taking the car to the dealership, hoping they have transportation for you, etc.
- magicalhippo 5y agoWe bought our previous car from a guy who did just that. He loved cars, so he bought them, drove them for 6-9 months and sold them. Yes he took a huge loss, but it was his hobby. A couple we know bought one of the new Morris Mini's a few years back, and one month later they discovered they were having a kid. The Mini isn't the most practical vehicle for a new family, so they sold it and bought something else before the kid was born. We just got our car totalled and we were not prepared to get a new car just yet. We might be getting a larger garage this year which would allow us to park ID.4/Ioniq 5 sized vehicles in it, so timing wasn't awesome. So we bought an second-hand vehicle which we plan to sell within a year. Things happen.
- mistrial9 5y ago.. because a purchase means that the purchaser now owns the item, not the manufacturer. How has that changed? Who benefits?