So the bad news is, the car’s alternator crapped out in Tolleson, an alarming little burg where the term “low rent” means “gentrified.” The good news is, I just replaced the alternator in June, so it’s still on the warranty. The bad news redux is that you can’t buy a new alternator in the aftermarket. All aftermarket alternators, even if you buy one from a car dealership, are rebuilt. And, Chuck remarked as he was chauffeuring me home from his shop, “they crap out.”
Yeah. Well. Dude! It woulda been nice if you’d clued me to that before you charged me for a piece of junk that lasted all of four months and stranded me for five interminable hours in a QT parking lot inhabited by drug addicts!
Not wanting to repeat that adventure, I’m now actively in the car market. After much study of Edmunds, Car & Driver, Carfax, and Car Guru, the choices are narrowed down to a Toyota Venza or a Honda Santa Fe, 2012 – 2015.
The Venza is a kewl little crossover, unfortunately discontinued in 2015. My friend KJG and her DH own one, and they love it. I test-drove the Venza the last time I fell into a car-driving frenzy and really liked it, too. With a V-6, it’s quite the little rocket, and it has plenty of room for dogs, estate sale finds, and friends.
The Santa Fe is a larger vehicle but it has much to recommend it. The regular Santa Fe is a full-sized SUV, but there’s a “Sport” model that’s shorter, with only five seats. Edmunds calls the Santa Fe the “true winner” in its class. You can’t get a six-banger in the Sport, but you can get a turbo-charged four-banger, which is almost as good.
Also much admired by Edmunds — and given a higher “grade” — is the Honda Odyssey. But I have the same problem with it now that I did when I got the Sienna: it seems like WAY too much truck than I need.
WhatEVER. We’ll see what the broker comes up with. He said he knew someone who was trying to unload a Santa Fe, and he thinks there’ll be a selection of Venzas. I didn’t find the latter to be true on Car Guru or Edmunds — to the contrary, availability of the Venza is limited. It was discontinued in 2015, so I expect a lot of owners don’t want to part with theirs. Or something.
I’m prequalified for $22,000 at 1.9% through the credit union. It will cover certified “pre-owned” cars between 2012 and 2015. Looks like a Santa Fe dated 2013 or 2014 is likely to run $17,000 to $18,000. I think the Sienna is worth about $1200 on trade-in (can no longer see Kelly Blue Book, because they now demand that you disable your AdBlocker, which I ain’t a-gonna do). If I don’t resurface the pool this year, I should be able to disgorge about $4,000 as a cash down payment. Let’s say I can get the loan amount down to 15 grand (holy sh!t): over five years, that’s $262.26 a month.
That would be precisely $262 more than I can afford.
So…needless to say, I am not pleased at the prospect of being chained to an auto loan for the next five years. However, the credit union will let you pay down principal, so once again — as happened the last time I had to get a car loan — I’ll throw every windfall large and small at the thing, and it will probably go away in a lot less than five years.
When I bought a Camry on time — back when I had a job…remember those? — that strategy paid off a five-year loan in 18 months.
We just deposited the current Required Minimum Withdrawal from Fidelity into my checking account. I believe I’m about $5,000 the good this year. So I could probably come up with as much as 5 grand in cash — though I’d rather not. There’s a certified pre-owned Santa Fe with 30,300 miles on it on sale right now for $17,400. If my car is worth around a thousand bucks and I paid down $5,000 in cash, then I’d only have to finance about $11,400 (plus, plus, plus…). That’d be $200 a month.
Marginally affordable.
Car Guru shows only three 2012-2015 Toyota Venzas for sale in the Phoenix area. Two of them are graded as not good buys; the one they think is a pretty good deal is $18,598, for a 2013 vehicle with a V-6 engine and 46,364 miles on it. Holy mackerel.
LOL! Here’s a Santa Fe that looks like it’s orange! I’d have to paint yellow and black flames on the sides….
Ugh. I’ve never bought a used car before. This doesn’t look like a very safe prospect. But I sure can’t afford new-car prices.
Damn George Bush and his handlers for wrecking the economy and putting me (and everyone else) out of a job! I’d have bought a new car six years ago if it weren’t for those shenanigans…and would easily be able to afford another new car right about now. That’s “new” new, not “new to me.”




