Still no offers in the mail

[debtmonster]

That doesnt make any sense unless you can read the future and know that the car you are buying is brake down proof. That car doesnt exist. I had a low mileage van blow a head gasket at 60,000 miles. I bought it at 25,000 miles and maintained the thing. Heres the worst part. In addition to the hefty monthly car note and insurance premiums for full coverage, I had to shell out thousands to fix it because I still had a couple of years of payments to go. That is not normal maintenence. Your worst fears of mechanical failure can happen on any car new or used.

That's what I want a brand new car. Head gaskets don't just blow on their own. You had to let the engine overheat to do that.

Vans are a major headache to maintain. That's another reason I don't want one.

Just stick with like-new cars or brand new ones. Put Amsoil coolant and oil in them and call it a day. I've probably owned well over 20 cars in my life and the only ones that had the problems you're talking about are the beater cars I bought.

Just try to buy cars that have a top track record. If the used car you buy has a good track record with JD Power & Associates, then take the risk and buy it.

Also check out http://www.truedelta.com

[coffee]

The money you spend in repairs can exceed what you'd pay in interest on a newer car.

That doesnt make any sense unless you can read the future and know that the car you are buying is brake down proof. That car doesnt exist. I had a low mileage van blow a head gasket at 60,000 miles. I bought it at 25,000 miles and maintained the thing. Heres the worst part. In addition to the hefty monthly car note and insurance premiums for full coverage, I had to shell out thousands to fix it because I still had a couple of years of payments to go. That is not normal maintenence. Your worst fears of mechanical failure can happen on any car new or used.

[debtmonster]

I never surrendered mine. Supposedly I will be able to have these things for several months. But according to the people on here, I could have them taken from me in as little as 6 weeks from the time I filed from the banks getting a life on the automatic stay.

I'm not spending any extra money on my attorney to keep my cars. That's all incorporated into his fees.

The money I am wanting to save for the deposit is why I need to keep these cars for as long as possible. If I can save $1,000+ per month for 6 months, that's $6,000 extra I'll have to put down. If they take them in a month, that only leaves me $1,000 or so to put down. You can't finance a pack of bubble gum with only $1,000 after a bankruptcy discharge. I'll need to come up with a hell of a lot more than that. If I can just hold on to these suckers until late January or late February, I will hopefully have good news to post on here!

I am guessing that everyone here will be right and by late next month, they will be wanting my cars back.

[mom2three09]

I'm not sure why you would not have surrendered your vehicles before filing & financed something that you could afford after your BK Ofcourse you could have easily done a ride thru on it & then if you later changed your mind surrendered it too. If I read your situation right, aren't you spending a LOT of $$ on attorney fee's to be able to keep your cars a little longer?? That $ could have been a deposit on something else to drive.

[debtmonster]

I'm not too good for a Suzuki. I just want something with good reviews and a reliable track record. Suzuki is not one of those cars. You should have researched all of the forums on Edmunds and other places. The Forenza had lots of negative reviews when I was looking at buying one. Look at lots of 3 to 6 year old Suzuki cars. The paint and bumpers are all faded. The hubcaps are peeling and stuff. They just look ragged out long before they get 10 years old.

It has nothing to do with my moving or a PO Box. The bankruptcy court puts the address on file that you are included. All of the car dealers buy that same address. It doesn't have anything to do with where you lived in the past.

Remember that list of car makers that I don't want? I wish Auto Trader had check boxes to omit those car brands in the search. It's a real pain to have to sift through all of those Kia and Hyundai cars in my searches, not to mention all of the people selling cars with re-built titles that are not allowed to be sold in the US.

I just wish I could check off:
Include:
Cars under $8,000
Cars under 30,000 miles
Automatic Transmission
Cars 2006 or newer

Omit:
Ford, Kia, Hyundai, Suzuki, Chrysler, Dodge, Lincoln (and many more that I don't want)

That would be wicked cool if they did that!!

[music12]

i think DM has a ups box, not pobox. but the address issue could certainly have something to do with it because DM keeps moving. so they might not be able to keep up with him!

[bkmaggster]

I was kidding about the Suzuki. I know you're way too good for a Suzuki!

Enjoy your car payments!

[LuciluS]

Hey Debtmonster!

BTW I love my 1999 Toyota Sienna Van. It's around the 97,800 figure in mileage. I've never had anything go wrong with it. In fact was telling Dh this last weekend, I don't think it's ever had Freon put in it. Just a new battery and new tires is all.

Now, to the OFFERS. Have you considered it might have something to do with your mail going to a PO Box. I wonder if mass mailings include those boxes? Just a wondering is all.

Luci

[debtmonster]

You can buy my Suzuki when it goes up for auction. 2008 19k mile KBB ~10k. Still has the rest of the 10-year warranty. I'll be enjoying the bus, and not being in debt.

No offense to you, but I would never buy a Suzuki. They make great motorcycles, but are horrible when it comes to cars.

These are all on my list of potential cars: Toyota Corolla, Toyota Yaris, smart fortwo, Mazda 3, Mazdaspeed3, Nisan Sentra 1.8S, Nissan Altima 2.5, Volkswagen Golf, Volkswagen Rabbit

No Dodge
No Plymouth
No Suzuki
No Chrysler
No Kia
No Hyundai
No Buick
No Ford
No Mitsubishi
No Saab
No Saturn
No GMC
Pontiac... meh... maybe, if it was a cheap G6, G8 or GTO for cheap
No offense, but no thank you.

[debtmonster]

I completely agree. We are going through this Bk to get a clean fresh start not to rack up new debt if it can be helped. I will drive a beater to get from point A-B if that means no more car loans. It's just a car. I'll save to get a better one in CASH later.

The money you spend in repairs can exceed what you'd pay in interest on a newer car.

I wouldn't mind so much getting a beater car with a 5 or 6 speed manual, but my wife will only drive a car with automatic transmission. Automatic transmissions are prone to a high failure rate. In South America, they have wised up to this and that's why over 90% of the cars there have manual transmissions.

All my life I have always done the $0 down or low down payment on a car with 5 or 6 year credit terms. That's what has gotten me into trouble. From now on I want to do a large down payment with 36 month financing at the most.

I agree with this, "Suze suggests not financing a car for more than 3 years, because if you can't afford the 3 year payments, you shouldn't be buying the car."

See: http://oprah.about.com/od/oprahshowr...caniafford.htm

On that web page, scroll towards the bottom to read up.

[bkmaggster]

I don't want those hassles anymore. I want a car that is no older than a 2007 or 2008 with less than 30,000 miles on it for my next car.

You can buy my Suzuki when it goes up for auction. 2008 19k mile KBB ~10k. Still has the rest of the 10-year warranty. I'll be enjoying the bus, and not being in debt.

[debtmonster]

Why exactly do you care about if you're getting credit offers or not?

Because if you're not getting at all, then there's a good chance it will be very difficult to get financing after the discharge.

I know if I am getting a flood of offers in the mail, there's probably a good chance I will have at getting a car loan. But if I am getting zero offers, then even with an $8,000 to $10,000 down payment, I still probably won't get approved for a $17,000 to $20,000 dollar car.

I want a NICE car that I won't be dieing to get rid of right after I buy it. Not a real expensive BMW or Benz... but something really nice that I will be happy and proud to drive around. I don't want somebody else's 2000 to 2004 headache. I want a nice 2007 to 2010 car that's affordable.

All of the people who have their car listed on Auto Trader that have used Amsoil in the car since new all want top dollar for their used cars. So I will have to find one brand new or almost brand new to satisfy my needs. Face it. I am a picky S.O.B.

[debtmonster]

It's not needing or deserving new cars, it's not having transmissions, engines and A/C units fail on you while you have the car. Most people I know are not picky when it comes to maintaining their vehicles. So when they are all racked up with miles, you certainly DON'T WANT THEM.

I had 3 beater cars prior to the ones we have now. All 3 of them left us stranded. I will never do that route again. We found a beautiful Hyundai Accent for $800 bucks. Everything ran great. Then 2 weeks after buying it, the A/C went out. The belts would not stop squealing even when putting new ones on. The bolt from the alternator broke off in the engine block and the engine had to be pulled out of the engine bay just to get it out. Then the car died in traffic many times with electrical problems.

I don't want those hassles anymore. I want a car that is no older than a 2007 or 2008 with less than 30,000 miles on it for my next car. I need something with low enough miles that I can put Amsoil in right away before any real damage starts.

The money you put into repairs, you don't get back when you sell the car. So if you buy a $3,000 dollar car, put $2,500 into it, you can only sell it for $3,000.

My sister just went down that route. Her car is worth $3,500 on KBB. She went to CarMax and they also confirmed in writing that it's only worth $3,500 (she paid $22,000 for it brand new in 2003.)

In the past 4 months or so she spent over $2,000 fixing problems with it. After all that money was spent, she went to go to the grocery store with her baby. She put her baby in the car seat and loaded up the car with whatever stuff, then the car would not start. It turned over for a second and then made some clunking sound and then would not start after that. There's nothing wrong with the battery since they just put a brand new one in not long ago.

Now she wants to dump it and get a nice Toyota Sienna van and I don't blame her. She starts work again in a week or so and can't be telling her work that she's late because he car is dead. Those are great excuses for people to fire you in this new, bad economy.

It would be nice to be able to buy brand new cars for under $10,000 like they used to have in the 1990's.

[Amy26]

Why exactly do you care about if you're getting credit offers or not?

[coffee]

I can't afford $300/month car payments, and even if I could I wouldn't want them. We were paying ~$700/month in car payments. We used to think we "needed" and "deserved" new cars. We were wrong. I'm all about learning from my mistakes.

I completely agree. We are going through this Bk to get a clean fresh start not to rack up new debt if it can be helped. I will drive a beater to get from point A-B if that means no more car loans. It's just a car. I'll save to get a better one in CASH later.