mustang84

Getting close to purchasing a newer car

40 posts in this topic

Well, as most of your know (or maybe don't know), I've been driving around in Chevy Luminas since I was a youngin' with a learner's permit. My first car was a '90 Euro, and my current is a '94 Euro, both 4-door sedans with the 3100. I've had the '94 now for 5 years and have racked on 70,000 additional miles (bought it with 80,000 originally). I've been saving up and am finally going to replace the old jalopy, although it will still be kept in the family as a beater car back home. It has an AC leak that will cost more than the car with worth to repair, and the rust and hail damage are major chick repellents.

At the Ford dealer back home, there is a 2001 Lincoln LS V8 Sport for sale that I first checked out last weekend and have been in contact with the salesman whose brother originally owned the car. His brother was the sole owner and babied the car. It had most of the common LS problems repaired under warranty (headlight condensation, rear window motor replacement, etc) and was mostly trouble-free for the last few years of ownership. 78,000 miles on the odometer. The color is sort of a silver / light bronze and it has chrome 5-spoke Lincoln wheels. Exterior has a few tiny scratches and rock chips, but they're barely noticeable unless you get in close. The interior is clean and in excellent shape, and is a lighter off-white color combination that looks much nicer than the dark gray ones. It has a 6-disc CD changer in the glove compartment, and I think it has heated leather seats.

Anyway, he'll be driving through the Cedar Rapids area this weekend and is going to stop by with the car and let me take it for a test drive. He wants $8700 but I'm going to try to bargain down to $8000, paid full in cash. On KBB it goes for $8870, so we'll see if I can get him to negotiate down.

Here are some pictures from last weekend.

p1040280u.jpg

p1040281b.jpg

p1040290b.jpg

0

Share this post


Link to post
Share on other sites

Ahh Keast I know where that is... Neat car, and they drive very nicely and that little 3.9L V8 even better, it will be quick that is for sure. For 8,000 that is a VERY good deal. Go for it, it is V8 and RWD many around here including me approve.

Edited by gm4life
0

Share this post


Link to post
Share on other sites
The styling on those is really quite singular. We have quite a few customers who still run those. The one thing I've seen in my department though is the front bumpers get broken up often because they hang so low... ppl hit parking curbs. That one looks nice, I hope you can get it.
0

Share this post


Link to post
Share on other sites

The LS is a fine car if cared for. Timeless exterior and elegant interior. From what I remember the interior's only real shortcoming was extreme lack of storage. The center console was tiny and the lid felt like it was going to break off. Overall nice cars though.

0

Share this post


Link to post
Share on other sites

Nice Car! But with all due respect I'd rather have the red Marquis next to it.

0

Share this post


Link to post
Share on other sites

Nice car.

Off the topic - what camera did you use? The resolution is awesome.

0

Share this post


Link to post
Share on other sites

Very nice upgrade.

I like the front end and interior on those cars.

Chris

0

Share this post


Link to post
Share on other sites
Always had a soft spot for these.

I think Ford gave up on them too soon.

Expensive platforms will do that to a company...

I actually had a couple of LSs on my list a while back.

0

Share this post


Link to post
Share on other sites
Nice car.

Off the topic - what camera did you use? The resolution is awesome.

It's a Panasonic Lumix DMC-TZ3 with 10X optical zoom. It's been a really great camera so far...excellent resolution even at higher zooms.

0

Share this post


Link to post
Share on other sites
Too bad there's a lot og grain in the photos.

What is og grain?

0

Share this post


Link to post
Share on other sites

To update, this weekend I spent a few hours with the salesman test driving and talking over the car, with my dad along to help in the kicking tires process. This was my first time car shopping so I was on my guard but never felt like I was being pressured to buy right away. My dad and I did a pretty thorough inspection and asked him a ton of questions about the car's history (the salesman's brother was the previous and only owner...he recently traded in the LS and an '04 Thunderbird for an '09 Mercury Milan and Lincoln MKX).

The brother is an accountant and changed all fluids at regular intervals and kept it to a strict maintenance schedule. We feel pretty confident that it won't see many of the problems that most LS's with this kind of mileage start to run into. Tranny fluid was changed every 30K miles and the transmission felt fine in the test drive. The dealer hadn't done any prep work on the car since the trade and yet it is still very clean inside and out. I thought there was rust forming on the wheels, but I took my finger and wiped to find that it was just brake dust and dirt. All interior components seemed to work fine. There's actually some pretty neat features like memory seating and wheel tilt positions, some type of manumatic transmission, and a valet button that apparently keeps the trunk locked in case you happen to have a couple briefcases of unmarked bills stashed back there.

It drove like a new car...hard to tell there are almost 80,000 miles on it. No rattles or squeaks whatsoever. The engine is very strong and the LS V8 is a quick car. I took it on one of the worst county roads and you could hardly feel the bumps. Cornering is great with minimal body roll, and weight is distributed 50/50 so it feels very solid and composed on the road. I can see why people love this car so much...it definitely lives up to the "American BMW" moniker.

There was lots of headroom inside. I'm tall (6'4") and thought this car might be a bit of a squeeze, but putting the seat back there was more than enough room for my legs and even a decent amount behind for the rear passenger. The only thing that was kind of weird for me was how the dash wrapped down; in my Lumina, you can see your feet and the pedals much easier, but here it was kind of like I was sticking them into a hole and will take some getting used to. Also, the rear seats are called "opera seating" or something because the rear passengers sit up a few inches higher than the front. The rear seats also fold down and there is a decent amount of trunk space, so I should be able to haul some bigger items.

Anyway, we had a limited amount of time so I am heading back there next weekend to discuss final price and financing. I have the cash to pay for it, but I'm thinking about taking out a small loan ($2000) so that I still have a decent amount saved up for a rainy day. The crappy thing is that many banks I have looked at either want a minimum loan of $5000, or they limit the cars eligible to newer than 7 years (this one is 8 1/2). I'm thinking I will have better luck talking with my local bank at home.

0

Share this post


Link to post
Share on other sites

financing is usually a stickler with older cars.

but, this one is a really nice one, and a really nice LS.

i have looked at some LS in the last few years and I can tell just from the pictures that this one seems more well kept than most.

its a nice color combo also. the LS is a unique car.

I've never test driven the v8, but i have test driven the v6 manual a few times. does this have the sport suspension or standard suspension?

0

Share this post


Link to post
Share on other sites
financing is usually a stickler with older cars.

but, this one is a really nice one, and a really nice LS.

i have looked at some LS in the last few years and I can tell just from the pictures that this one seems more well kept than most.

its a nice color combo also. the LS is a unique car.

I've never test driven the v8, but i have test driven the v6 manual a few times. does this have the sport suspension or standard suspension?

I'm assuming sport suspension since I believe it's the sport model, although I don't really know for sure.

0

Share this post


Link to post
Share on other sites

the wheels don't look like the sport wheels and the grille is more chromed than i thought the sport models were, but the LS covered many years and configurations. i'll admit i am not savvy enough on all the model years of the LS to know for sure.

0

Share this post


Link to post
Share on other sites

The LS is a fun car to drive and be in. good for road trips too. The only con i can say about it is that it is absolutely the worst car to drive in snow!! worse than my 4th gen Camaro. Guy i worked with had one and he would let us drive it.

0

Share this post


Link to post
Share on other sites
I'm assuming sport suspension since I believe it's the sport model, although I don't really know for sure.

Not a Sports package car, clearly. Has the standard wheels in polished form and the extra chrome trim, so, no. But otherwise looks like a decently equipped non-Sport V8. Very nice cars, other than the typical issues that are known, and a terrific platform/suspension/drivetrain.

0

Share this post


Link to post
Share on other sites
I work at a Linc-Merc dealership, and I can't tell you everything that comprises the Sport package on these cars. I do believe a partial body-color grille, bumper moldings, and a different front bumper and foglights are part of it, though. Good luck to you, I hope it works out.
0

Share this post


Link to post
Share on other sites
The LS is a fun car to drive and be in. good for road trips too. The only con i can say about it is that it is absolutely the worst car to drive in snow!! worse than my 4th gen Camaro. Guy i worked with had one and he would let us drive it.

Yeah I see these things sliding around all over the snow. Of course if they had snow tires on them they'd probably be fine.

0

Share this post


Link to post
Share on other sites

Blizzacks FTW...seriously. I've run them and they make a huge difference.

Chris

0

Share this post


Link to post
Share on other sites

Your content will need to be approved by a moderator

Guest
You are commenting as a guest. If you have an account, please sign in.
Reply to this topic...

×   You have pasted content with formatting.   Remove formatting

×   Your link has been automatically embedded.   Display as a link instead

Loading...