whatever you model you decide, i am always a believer in buying a car between 6 and 24 months old with very low miles. Let the original buyer take the brunt of the depreciation and you can buy far far more car for your money and it is going to be virtually new (new to you anyway) and still under warranty or certified.
This is not always true.....especially for vehicles with high resale value. For example:
New 2010 Honda Civic LX coupe - can probably talk the dealer down to about $16K and have 1.9% financing available for 60 months
Precertified 2007-2009 coupe - will resale for around $13-15k, have 10-30k miles already, and be stuck with higher interest rates. Also, dealers may add the cost of precertification back into the selling price (Honda told me approx $800 once)
Your statement does however make sense for a lot of domestic vehicles that depreciate at a more rapid pace.
Seems as is my desired price range falls within a bit of a middle-ground.....either a loaded "practical" car, or a lower end luxury or sports car. A Prius would make sense, but I don't really dig the shape.
Mazda 3's are boring, you'll be snoozing driving the damn thing. Get yerself something nifty, yer only young once.
I'm trying to get to the point where I can spend freely without worry...I can afford to spend more, but I may not feel comfortable about spending $40k on a car!
Why hasnt anyone mentioned the obvious choice of a mini-van yet!
I took my Volvo in for service twice lately and the dealership hooked me up with a two sweet rides...
A Kia Rio and a Chrysler Town and Country! The poor kid that set it up for me was so stoked about the mini-van. He just drooled over the DVD package. Knucklehead. What can I say, he lives in SLC where mini-vans are king.
my taurus looks like an old woman car but it can fly. i bought it in 2003 and i think it is an ses model.
it has 24 valves. i have 174,000 miles on that car and it is probably the best thing i have ever owned.
my husband fixed something minor with the transmission though when it was maybe 2 yrs old.
the sticker was $23k in 2003. i may buy a 2011 taurus. not sure which model has a v6 which is equivalent to a v8. but we love mustangs too. we have 3.
9/98, 9/00 - DC, 4/03 - Pitt., 7/03 - Bristow, 10/04 - Reading, 10/05 - Philly, 5/06 - DC, 6/06 - Pitt., 6/08 - Va Beach, 6/08 - DC, 5/10 - Bristow, 10/13 B'more
8/08 - Ed solo in DC, 6/09 Ed in B'more,
10/10 - Brad in B'more
The 5.0 Liter engine is coming back in the 2011 Mustang GT... You could get one in the $29-$30k range.
or better yet, you could get a camaro
I'd take my WRX Subaru over both of those cars
I had a Subaru Impreza WRX from 2002 - 2008. It was the best car I ever owned. I bought it new for $23K and sold it with 87k miles for $12,500! awsome resale.
If you drive conservatively, it gets good gas mileage, but if you push that turbo a bit, it hauls ASS!
...0-60 in 5.7 sec I think!!!
Also, the insurance was normal because it is considered a family coupe...
In addition, the all Wheel drive is fun and honestly help me entirely avoid two major collisions that would have totalled any other normal 2wd car.
Not today Sir, Probably not tomorrow.............................................. bayfront arena st. pete '94
you're finally here and I'm a mess................................................... nationwide arena columbus '10
memories like fingerprints are slowly raising.................................... first niagara center buffalo '13
another man ..... moved by sleight of hand...................................... joe louis arena detroit '14
I've driven most '09 and '10 cars. I rent cars a LOT for work (1-2x/week) and have driven pretty much everything.
One of the best cars IMO (and the experts agree) around $20k is a Nissan Altima 2.5S. For a little more, you can get a "SL" which is a feature-packed version of the same car.
Also, for a little more, you can get the 3.5 which will give you a very nice V6. That 3.5 is a great engine. It only gets approx 4-5 miles per gallon less than the 2.5 4 cylinder version.
The price of the 3.5 is a bit more, but if you want to increase the "fun level" on a good car...you should consider it.
I'm in the car market, and the 3.5 my be the car I get.
Also, the brand new Mazda 6 is pretty good, but I like the Altima better.
Hope you bought a used 08 or 09. With the vehicle reports and used car databases we have today, it is silly to buy a brand new car. Worst investment ever. You lose at least 20% value the second you sign the papers. Your more likely to get a lemon right off the "new car" lot.
Hope you bought a used 08 or 09. With the vehicle reports and used car databases we have today, it is silly to buy a brand new car. Worst investment ever. You lose at least 20% value the second you sign the papers. Your more likely to get a lemon right off the "new car" lot.
yes you take the deperation hit, but you also get the full value of the warrenty and you know exactly how the car has been treated from day one.
Yeah, I'm also a neat/clean freak. I don't like the idea that someone or other people drove my car before me.
Certainly from a financial standpoint, a car that is 1-2 years old makes the most sense...but from a mental standpoint...new is the way to go.
I mentioned before that I drive a lot of rentals... talk about NASTY!!!!!! I've seen some sick shit before.
Thank god, I'm far enough up on the rental company's "preferred" status that I get new-er cars (less than 5k miles usually). Some of them that have 20k+ :shock: SICK!
Comments
This is not always true.....especially for vehicles with high resale value. For example:
New 2010 Honda Civic LX coupe - can probably talk the dealer down to about $16K and have 1.9% financing available for 60 months
Precertified 2007-2009 coupe - will resale for around $13-15k, have 10-30k miles already, and be stuck with higher interest rates. Also, dealers may add the cost of precertification back into the selling price (Honda told me approx $800 once)
Your statement does however make sense for a lot of domestic vehicles that depreciate at a more rapid pace.
2010 Honda Accord EX-L V6 coupe (fully loaded)
or
Nissan 2.5S Altima Coupe (fully loaded)
or
Nissan 370z
I like it---but it's a pain in the ass to get into the back seat if you have to.
Where I'm not ugly and you're lookin' at me
interesting :think:
:angel:
Where I'm not ugly and you're lookin' at me
Mazda 3's are boring, you'll be snoozing driving the damn thing. Get yerself something nifty, yer only young once.
http://www.facebook.com/jennytree
SMELL YER MA!
I'm trying to get to the point where I can spend freely without worry...I can afford to spend more, but I may not feel comfortable about spending $40k on a car!
I took my Volvo in for service twice lately and the dealership hooked me up with a two sweet rides...
A Kia Rio and a Chrysler Town and Country! The poor kid that set it up for me was so stoked about the mini-van. He just drooled over the DVD package. Knucklehead. What can I say, he lives in SLC where mini-vans are king.
it has 24 valves. i have 174,000 miles on that car and it is probably the best thing i have ever owned.
my husband fixed something minor with the transmission though when it was maybe 2 yrs old.
the sticker was $23k in 2003. i may buy a 2011 taurus. not sure which model has a v6 which is equivalent to a v8. but we love mustangs too. we have 3.
8/08 - Ed solo in DC, 6/09 Ed in B'more,
10/10 - Brad in B'more
I had a Subaru Impreza WRX from 2002 - 2008. It was the best car I ever owned. I bought it new for $23K and sold it with 87k miles for $12,500! awsome resale.
If you drive conservatively, it gets good gas mileage, but if you push that turbo a bit, it hauls ASS!
...0-60 in 5.7 sec I think!!!
Also, the insurance was normal because it is considered a family coupe...
In addition, the all Wheel drive is fun and honestly help me entirely avoid two major collisions that would have totalled any other normal 2wd car.
I can't wait to get another one someday.
My older brother had a '70 R/T 440cid. Blew up the engine in Germany when stationed there with USAF back in '85 or '86.
End of May he accepts delivery on a 2010 S/R/T.
Now stationed as a civilian firefighter( actually he's the Fire Chief) in Guam
Not today Sir, Probably not tomorrow.............................................. bayfront arena st. pete '94
you're finally here and I'm a mess................................................... nationwide arena columbus '10
memories like fingerprints are slowly raising.................................... first niagara center buffalo '13
another man ..... moved by sleight of hand...................................... joe louis arena detroit '14
Nissan Altima 2.5SL
Didn't wanna get a bare-bones entry-level luxury car.
One of the best cars IMO (and the experts agree) around $20k is a Nissan Altima 2.5S. For a little more, you can get a "SL" which is a feature-packed version of the same car.
Also, for a little more, you can get the 3.5 which will give you a very nice V6. That 3.5 is a great engine. It only gets approx 4-5 miles per gallon less than the 2.5 4 cylinder version.
The price of the 3.5 is a bit more, but if you want to increase the "fun level" on a good car...you should consider it.
I'm in the car market, and the 3.5 my be the car I get.
Also, the brand new Mazda 6 is pretty good, but I like the Altima better.
Bought it new...I wanted something fresh.
yes you take the deperation hit, but you also get the full value of the warrenty and you know exactly how the car has been treated from day one.
Yeah, I'm also a neat/clean freak. I don't like the idea that someone or other people drove my car before me.
Certainly from a financial standpoint, a car that is 1-2 years old makes the most sense...but from a mental standpoint...new is the way to go.
I mentioned before that I drive a lot of rentals... talk about NASTY!!!!!! I've seen some sick shit before.
Thank god, I'm far enough up on the rental company's "preferred" status that I get new-er cars (less than 5k miles usually). Some of them that have 20k+ :shock: SICK!