# I'm not excited about a new car note, but I also don't know how reliable a used car would be. Pros & cons? **URL:** \ **Category:** Buying/Selling\ **Created:** [March 13, 2025, 6:46am UTC](https://community.cartalk.com/t/im-not-excited-about-a-new-car-note-but-i-also-dont-know-how-reliable-a-used-car-would-be-pros-cons/199463 "2025-03-13T06:46:02Z")\ **Posts on this page:** 20\ **Page:** 3
**Author:** ![matthewojela0\_192998](https://avatars.discourse-cdn.com/v4/letter/m/b2d939/32.png) [@matthewojela0\_192998](https://community.cartalk.com/u/matthewojela0_192998)\ **Post date:** [April 1, 2025, 8:31am UTC](https://community.cartalk.com/t/im-not-excited-about-a-new-car-note-but-i-also-dont-know-how-reliable-a-used-car-would-be-pros-cons/199463/41 "2025-04-01T08:31:10Z")
So, getting a new car or a CPO is definitely out the window. Instead, I’m going with a regular, not-so-old used car, and with the rest of the funds, I’m planning a “work trip” to Las Vegas to hit the massage parlors, haha. I found some pretty good spots on rubmaps, but I’m not too familiar with the area, so if anyone has a better suggestion, I’m all ears. PM me. ---
**Author:** ![MikeInNH](https://avatars.discourse-cdn.com/v4/letter/m/a587f6/32.png) [@MikeInNH](https://community.cartalk.com/u/MikeInNH)\ **Post date:** [April 1, 2025, 12:43pm UTC](https://community.cartalk.com/t/im-not-excited-about-a-new-car-note-but-i-also-dont-know-how-reliable-a-used-car-would-be-pros-cons/199463/42 "2025-04-01T12:43:56Z")
> [@db4690](#): > > How will this affect the domestic brand cars that were built in China and South Korea? > > What about foreign brand cars built in the USA, such as the Kentucky-built Camry I bought in February? ALL brands will be affected in one way or another. I don’t know of any vehicle made in the US with 100% US made parts. ---
**Author:** ![jtsanders](https://avatars.discourse-cdn.com/v4/letter/j/c2a13f/32.png) [@jtsanders](https://community.cartalk.com/u/jtsanders)\ **Post date:** [April 1, 2025, 1:05pm UTC](https://community.cartalk.com/t/im-not-excited-about-a-new-car-note-but-i-also-dont-know-how-reliable-a-used-car-would-be-pros-cons/199463/43 "2025-04-01T13:05:07Z")
> [@MikeInNH](#): > > ALL brands will be affected in one way or another. I don’t know of any vehicle made in the US with 100% US made parts. I saw an interview on TV of a Ford UAW worker concerned about how much the cars he built would cost because of imported parts. ---
**Author:** ![Rod-Knox](https://avatars.discourse-cdn.com/v4/letter/r/a183cd/32.png) [@Rod-Knox](https://community.cartalk.com/u/Rod-Knox)\ **Post date:** [April 1, 2025, 4:48pm UTC](https://community.cartalk.com/t/im-not-excited-about-a-new-car-note-but-i-also-dont-know-how-reliable-a-used-car-would-be-pros-cons/199463/44 "2025-04-01T16:48:39Z")
I don’t think cars are shuttled back and forth to build them. ---
**Author:** ![jtsanders](https://avatars.discourse-cdn.com/v4/letter/j/c2a13f/32.png) [@jtsanders](https://community.cartalk.com/u/jtsanders)\ **Post date:** [April 1, 2025, 5:25pm UTC](https://community.cartalk.com/t/im-not-excited-about-a-new-car-note-but-i-also-dont-know-how-reliable-a-used-car-would-be-pros-cons/199463/45 "2025-04-01T17:25:20Z")
IIRC I read or heard a news report. Dodge was the subject. ---
**Author:** ![TwinTurbo](https://avatars.discourse-cdn.com/v4/letter/t/8baadc/32.png) [@TwinTurbo](https://community.cartalk.com/u/TwinTurbo)\ **Post date:** [April 1, 2025, 6:25pm UTC](https://community.cartalk.com/t/im-not-excited-about-a-new-car-note-but-i-also-dont-know-how-reliable-a-used-car-would-be-pros-cons/199463/46 "2025-04-01T18:25:15Z")
> [@VDCdriver](#): > > That’s the way that things are _supposed_ to work, but don’t eliminate the possibility of a greedy dealership hiking the price–inappropriately–on a vehicle that is in high demand. Absolutely, that is going to happen. Even used cars are going to jump in price due to increased demand. In my case, I already have a quoted price w/deposit and the vehicle is enroute. Theoretically, it has already passed customs at the foreign port so no tariff will be collected when it arrives. ---
**Author:** ![oldtimer-11](https://avatars.discourse-cdn.com/v4/letter/o/e79b87/32.png) [@oldtimer-11](https://community.cartalk.com/u/oldtimer-11)\ **Post date:** [April 2, 2025, 8:28am UTC](https://community.cartalk.com/t/im-not-excited-about-a-new-car-note-but-i-also-dont-know-how-reliable-a-used-car-would-be-pros-cons/199463/47 "2025-04-02T08:28:34Z")
From a new or used car dealer you NEVER save money by telling them you plan on paying cash. They make money on the financing. Tell them you want to settle the price on the car before you select financing. Private party sale , cash wins. ---
**Author:** ![Beancounter](https://avatars.discourse-cdn.com/v4/letter/b/59ef9b/32.png) [@Beancounter](https://community.cartalk.com/u/Beancounter)\ **Post date:** [April 4, 2025, 1:14pm UTC](https://community.cartalk.com/t/im-not-excited-about-a-new-car-note-but-i-also-dont-know-how-reliable-a-used-car-would-be-pros-cons/199463/48 "2025-04-04T13:14:24Z")
> [@oldtimer-11](#): > > From a new or used car dealer you NEVER save money by telling them you plan on paying cash To expand on this, since counterfeit cash and Cashier’s Checks are hardly unknown to auto dealers, you may have to wait for delivery until “Good Funds” are confirmed by their bank. Regarding Tariffs on vehicles and parts, my understanding is that the tariff will be imposed at the border. So if I’m correct, a BMW assembled in South Carolina with a M series engine from Germany will pay the tarifff on the engine’s “value” at the border. The obvious problem is that while we know the “value” of a completed BMW, what is the “value” of an engine outside a completed car? Retail? Wholesale? Manufacturer’s Cost? Percentage of Completed Cost? Ask 10 people and you’ll probably get 11 answers.so maybe this should be renamed, The Tax Attorney and Revenue Agent Full Employment Act ? ``` . ``` ---
**Author:** ![Cavell](https://sea1.discourse-cdn.com/cartalk/user_avatar/community.cartalk.com/cavell/32/43396_2.png) [@Cavell](https://community.cartalk.com/u/Cavell)\ **Post date:** [April 5, 2025, 12:43pm UTC](https://community.cartalk.com/t/im-not-excited-about-a-new-car-note-but-i-also-dont-know-how-reliable-a-used-car-would-be-pros-cons/199463/49 "2025-04-05T12:43:21Z")
The money you save buying used will be available to fix any issues that arise. ---
**Author:** ![bing](https://sea1.discourse-cdn.com/cartalk/user_avatar/community.cartalk.com/bing/32/4619_2.png) [@bing](https://community.cartalk.com/u/bing)\ **Post date:** [April 5, 2025, 3:47pm UTC](https://community.cartalk.com/t/im-not-excited-about-a-new-car-note-but-i-also-dont-know-how-reliable-a-used-car-would-be-pros-cons/199463/50 "2025-04-05T15:47:53Z")
Now that we are on to banking, reference to a car loan as a note is a clear indicator of across the pond. In the us, a loan with payments is called a loan or installment loan. A note is payable in six months or whatever with no payments before the note is due. As far as the hub bub on tarrifs, Peter Navarro was a main designer and has the best explanation. Can be seen on YouTube. More to the formula than just current tariffs. He also covers it in his book of a while back. Victor Hansen gives and explanation too but is incomplete. Cramer on tv was a student of his at Harvard but not sure what he learned. ---
**Author:** ![db4690](https://sea1.discourse-cdn.com/cartalk/user_avatar/community.cartalk.com/db4690/32/2583_2.png) [@db4690](https://community.cartalk.com/u/db4690)\ **Post date:** [April 5, 2025, 3:53pm UTC](https://community.cartalk.com/t/im-not-excited-about-a-new-car-note-but-i-also-dont-know-how-reliable-a-used-car-would-be-pros-cons/199463/51 "2025-04-05T15:53:13Z")
Thank you for the information 😊 ---
**Author:** ![davesmopar](https://sea1.discourse-cdn.com/cartalk/user_avatar/community.cartalk.com/davesmopar/32/41750_2.png) [@davesmopar](https://community.cartalk.com/u/davesmopar)\ **Post date:** [April 5, 2025, 4:13pm UTC](https://community.cartalk.com/t/im-not-excited-about-a-new-car-note-but-i-also-dont-know-how-reliable-a-used-car-would-be-pros-cons/199463/52 "2025-04-05T16:13:45Z")
Tote the note is common in the south anyway… ### **Variations of Buy Here Pay Here Explained:** _Sometimes, instead of “buy here pay here” you’ll hear “on the spot financing” or “ **tote the note**.” All these expressions mean is that, by purchasing your used car, truck or van through a buy here pay here dealership, you essentially get financed through dealerships like XxxxXXX rather than through a bank._ Here is a 10 seccond google, well DDG search, 4 out of 5 mention **Note** … and the next 5 all show Note also… So to us uneducated folk down here in the South, Note and loan or whatever all mean the same thing… ![image](https://global.discourse-cdn.com/cartalk/original/3X/5/f/5f7349a4acfb0691fb531221faf55be7cc1c7174.png) ---
**Author:** ![VOLVO-V70](https://avatars.discourse-cdn.com/v4/letter/v/8e8cbc/32.png) [@VOLVO-V70](https://community.cartalk.com/u/VOLVO-V70)\ **Post date:** [April 5, 2025, 4:18pm UTC](https://community.cartalk.com/t/im-not-excited-about-a-new-car-note-but-i-also-dont-know-how-reliable-a-used-car-would-be-pros-cons/199463/53 "2025-04-05T16:18:50Z")
> [@Cavell](#): > > The money you save buying used will be available to fix any issues that arise. Not really an across the board event. Used vehicles are at an all time high so a transmission replacement might be more than the socalled savings . ---
**Author:** ![bing](https://sea1.discourse-cdn.com/cartalk/user_avatar/community.cartalk.com/bing/32/4619_2.png) [@bing](https://community.cartalk.com/u/bing)\ **Post date:** [April 5, 2025, 6:11pm UTC](https://community.cartalk.com/t/im-not-excited-about-a-new-car-note-but-i-also-dont-know-how-reliable-a-used-car-would-be-pros-cons/199463/54 "2025-04-05T18:11:50Z")
Well money and banking 101. When a note is called it means the payment is being demanded. You can’t recall an installment contract. Different kind of contracts. I’d read the fine print on one of those tote the note places to see if they really set it up as a note and not installment payment. Just like a contract for deed is not a mortgage. Don’t feel bad, I had a lawyer on the city council that didn’t know the difference trying to be the rear end he was. ---
**Author:** ![db4690](https://sea1.discourse-cdn.com/cartalk/user_avatar/community.cartalk.com/db4690/32/2583_2.png) [@db4690](https://community.cartalk.com/u/db4690)\ **Post date:** [April 5, 2025, 8:07pm UTC](https://community.cartalk.com/t/im-not-excited-about-a-new-car-note-but-i-also-dont-know-how-reliable-a-used-car-would-be-pros-cons/199463/55 "2025-04-05T20:07:47Z")
Well, I’m not particularly well-educated, but i know better than to “buy” a car from those places ---
**Author:** ![johnlump\_191311](https://avatars.discourse-cdn.com/v4/letter/j/47e85d/32.png) [@johnlump\_191311](https://community.cartalk.com/u/johnlump_191311)\ **Post date:** [April 6, 2025, 12:41am UTC](https://community.cartalk.com/t/im-not-excited-about-a-new-car-note-but-i-also-dont-know-how-reliable-a-used-car-would-be-pros-cons/199463/56 "2025-04-06T00:41:34Z")
Actually other way around. If you finance the dealer often gets a commission. ---
**Author:** ![johnlump\_191311](https://avatars.discourse-cdn.com/v4/letter/j/47e85d/32.png) [@johnlump\_191311](https://community.cartalk.com/u/johnlump_191311)\ **Post date:** [April 6, 2025, 12:42am UTC](https://community.cartalk.com/t/im-not-excited-about-a-new-car-note-but-i-also-dont-know-how-reliable-a-used-car-would-be-pros-cons/199463/57 "2025-04-06T00:42:58Z")
Because they can. ---
**Author:** ![johnlump\_191311](https://avatars.discourse-cdn.com/v4/letter/j/47e85d/32.png) [@johnlump\_191311](https://community.cartalk.com/u/johnlump_191311)\ **Post date:** [April 6, 2025, 12:43am UTC](https://community.cartalk.com/t/im-not-excited-about-a-new-car-note-but-i-also-dont-know-how-reliable-a-used-car-would-be-pros-cons/199463/58 "2025-04-06T00:43:53Z")
Smart guy. ---
**Author:** ![davesmopar](https://sea1.discourse-cdn.com/cartalk/user_avatar/community.cartalk.com/davesmopar/32/41750_2.png) [@davesmopar](https://community.cartalk.com/u/davesmopar)\ **Post date:** [April 6, 2025, 5:11am UTC](https://community.cartalk.com/t/im-not-excited-about-a-new-car-note-but-i-also-dont-know-how-reliable-a-used-car-would-be-pros-cons/199463/59 "2025-04-06T05:11:06Z")
Ohh no, I would never buy from one, but I have had to work on many of them and they are mostly junk… I tell everybody to stay away from Tote the Note lots… > [@bing](#): > > Don’t feel bad, I had a lawyer on the city council that didn’t know the difference And as that goes, y’all northerner folk also call a Coke a pop or whatever, in the south all soft drinks (Coke, Pepsi, etc etc) are ALL called cokes… lol… so if we are working together and I say hand me my coke please, that means hand me my Dr Pepper… 🤣 ---
**Author:** ![VDCdriver](https://sea1.discourse-cdn.com/cartalk/user_avatar/community.cartalk.com/vdcdriver/32/30_2.png) [@VDCdriver](https://community.cartalk.com/u/VDCdriver)\ **Post date:** [April 6, 2025, 11:59am UTC](https://community.cartalk.com/t/im-not-excited-about-a-new-car-note-but-i-also-dont-know-how-reliable-a-used-car-would-be-pros-cons/199463/60 "2025-04-06T11:59:14Z")
> [@Beancounter](#): > > Regarding Tariffs on vehicles and parts, my understanding is that the tariff will be imposed at the border. So if I’m correct, a BMW assembled in South Carolina with a M series engine from Germany will pay the tarifff on the engine’s “value” at the border. Here is where it gets really complicated. The Wall Street Journal recently tracked the travels of just one engine part–in this case, connecting rods for F-150 engines. That particular part crosses the border a total of 6 times before it is installed in engines at the factory. How will the tariff be applied to that part, and to others that might cross the border multiple times? I couldn’t get past the WSJ’s paywall, so here is an article on that subject from a different source that summarizes the WSJ article: > **[One Piston Crosses Six Borders Before It Powers Your American-Made Truck |...](https://www.carscoops.com/2025/04/us-made-cars-and-trucks-are-not-really-safe-from-trumps-tariffs/)** > > All or part of the added cost from tariffs or US reshoring will ultimately be passed to consumers [Previous page](https://community.cartalk.com/t/im-not-excited-about-a-new-car-note-but-i-also-dont-know-how-reliable-a-used-car-would-be-pros-cons/199463.md?page=2) [Next page](https://community.cartalk.com/t/im-not-excited-about-a-new-car-note-but-i-also-dont-know-how-reliable-a-used-car-would-be-pros-cons/199463.md?page=4)