Post # 1
Well… I’m in the market to buy a new car since my Expedition guzzles wayyyy to much gas nowadays and costs too much to refuel every two days. And my 97 Eclipse just died. 🙁
I’m hoping to get a good deal where I can buy a new car fully paid off.
It’s tough because some cars that are either 2-4 years old fall in the price range of some 2012s… I’m getting grumpy and annoyed with this car shopping…
Should I just bite the bullet and deplete savings all the way and get a 2012?
Or get car from 2002 to 2006 at a much cheaper price away from double digets? And just try to save like crazy and hope this car lasts 4-10years while rebuilding savings?
The cars I’m looking at are Dodge Avenger, Chevrolet Corolla S, KIA Rio,Chevy Cruze,Chevy Impala.
Corolla S is number one pick so far.
Suggestions please! If you know of any other good reliable cars that I didnt list.. Plus suggest away. Thanks!
Post # 3
One thing to know/remember is that 2012’s are technically not the new cars anymore. I just bought a 2012 Hyundai Sonata last week and it was “used” with 4,500 miles on it. This is because the 2013’s are coming out, as it’s the end of the model year for most, and actually August is one of the BEST times to buy a car because of this. It’s part of why I did — my Darling Husband works in the industry and that’s what we waited for.
Do you have a trade-in that you’re going to use? Do your research with that if you do! I had a 2004 Toyata Solara 2-door and I took it to Carmax because they give you free quotes – they offered me $3,500. Well I had looked on Kelley Blue Book and Auto Trader and didn’t accept it. I knew my car was worth at least $4,500. The dealership I ended up trading into gave me way more than it was worth at $7,000. So just know that, if you’re trading in!
And don’t be afraid to haggle! That’s why I don’t like Carmax, because it’s a “you pay this price or nothing.”
I love the Kia Rio and Chevy Cruze, they just weren’t big enough. But they are super cute and drive very well. What about getting like a 2008-2009 as a compromise? Like I said, it’s the model year end, so every single car is another ‘year’ older than it sounds.
ETA: I’ll never buy “brand new” because they lose their value as soon as you drive off the lot. But a year old or model year end (like I did) is ideal to me if you want to keep it for a while. I plan on keeping mine at least 7 years or so, like I did with my last car.
Post # 4
Toyotas last forever! I love my prius, and Darling Husband drives an 04 Corolla and it is still great. It has like 90k+ miles on it and still running great. As much as I want to buy a new car, they are not worth it, they lose so much value so fast.
Post # 5
I bought a new car last year and discovered that it was a much better deal to buy new than used. I bought a 2011 Mazda 3 (new) and got 0% financing for 5 years. I compared it to buying used cars and it was just a better deal! I’d have to finance a used car anyway since I didn’t have quite enough cash and the interest rate on a used car was much higher.
So definately don’t rule out new since there are good deals out there. There are also deals on the “new” 2012’s since 2013’s are out.
What I also discovered while shopping was that you can essentially do all of your negotiating via the internet/email and have your price set before you walk in the door. Gone are the days of haggling for hours. Since you can search around for what people have paid, you should know going in exactly how much would be a fair price. I got local dealerships to give me their best price via email and went from there. So much less stressfull!
I also have to argue against the notion that buying new is a waste of money because of the car losing value. That isn’t as much the case these days. With the troubled economy and quality of cars, used ones are retaining their value longer so the price difference isn’t what it used to be when comparing used under 20,000 miles to new.
Post # 6
I would take a second look at the Kia just because of their awesome warranty.
Post # 7
Toyota all the way! Very reliable cars… Can’t beat statistics 🙂 I have an 09 yaris (manual) and I get 37 mpg IN THE CITY!
Post # 8
Have you not looked at the Hyundai Elantra or Hyundai Accent?
They are both awesome cars, have amazing warranties, and last forever (as long as a Toyota Corolla would). They are also cheaper and their warranties are much better! My dad has gone through two Elantras (went 175,000 miles on the first before trading it in to get something newer – was working great!) and my mom is on her second Accent, same situation! We just bought a Hyundai Elantra (2013) and couldn’t be happier.
We test drove the Corolla as well, and weren’t as impressed with the interior styling or space (we are both 6’1″ so legroom and ceiling clearance is important!)
Post # 9
I also voted Toyota. I bought my Toyota Camry in 2005, and 7 years later it’s still going strong. Since I had it, I’ve only had to fix it twice and both times the expenses were under $800 dollars. I hope to drive it for about another 3 years. My sister in law has a Corolla and loves it. Another great thing about Toyotas is that car parts are so much cheaper when compared to other companies bc there are more Toyotas on the road.
Post # 10
Ok I am going to try to keep this brief since I used to work in the auto biz. When comparing the new v used aspect there’s a lot to consider. If you plan on keeping it for as long as possible, new may be the way to go. You get the fresh warranty and better interest rate (under 5%, used car loans start around 7%). However, you will get more for your money buying a used car. I bought my car 2 years old for 6k less than the sticker with features a new base model wouldnt have.
As far as the cars themselves, you really cant go wrong with an asian car, especially a japanese. Toyota has been for the most part, a consistently well performing vehicle. Kia has really turned themselves around and have really grown through the years. And the warrranty is great. Chevy has improved their warranty too to compete but it still doesn;t do it for me. I would compare what each car has such as hp, gas mileage, extra tidbits. warranty stuff. Is there something included in one car that you;d have to pay extra for, that kind of stuff. It will help you analyze the cost better.
You may be able to find a good deal on some leftover 2012’s that the dealeers are trying to unload. An even better deal if its a demo. If you choose used, be prepared to jump on it, the good oones never last.
Woops I rambled on, good luck!
Post # 11
I voted Chevrolet but that’s mainly because I had a 2001 cavalier until someone crashed into it this year and it ran beautifully. At 80,000 miles it was like a brand new car – never had any problems with it, so I trust Chevrolet. I still miss it.
But I have a new Toyota now and I think it’ll be a tough little car, too. Toyotas are known to be dependable, reliable, adn most importantly, safe. I think they’re worth the money.
Post # 12
If you buy used from a private seller, you don’t pay sales tax (in Georgia). I don’t know if it’s the same where you live, but that’s a huge savings (about a thousand dollars on a 15K car), if you’re brave enough to buy from a private seller rather than a dealership, and if your state has similar rules. My family has always had good luck with Hondas and Toyotas.
Post # 13
I was car shopping a month ago. And I orginally wanted a Corolla, but once I sat in it, it was like I was in a box of plastic. It was so cheaply made. I actually bought a Avenger & I love it! I live in GA & I have taken it on road trip to Chicago. I got 5 grand off my Avnager on a sale because they are bringing in the 2013. So the 2012 should be on sale now.
Heres my baby 🙂
Post # 14
Sorry for delay!
Was busy with work and car shopping!
I read everyone’s replies! 🙂
I am on iPhone so it’s hard to type and write everyone’s name so I’m just gonna acknowledge everyone’s replies best as I can.
I test drove avenger again. I got guy down to 21k for a 2012 SXT with leather. I’m a little iffy on dodges. So I ended up buying a black Corolla S with leather racing seats and some upgraded features for 21,789.. Title and taxes all included in price. So I believe I paid 19k and some change for car itself.. Taxes in NJ is 7%. Boo!
Hyundai was way WAY out of my price range. But they were very nice!
Had no trade in.. Eclipse is too old and I’m keeping SUV.
We don’t pay sales tax with private sales in NJ.
Kia did turn itself around. The RIO was pretty roomy and cute! Warranty ah great..
But I went will corolla since my aunt and mom and friend have one and they love it.
I’m the only one in family with S. Hehe. My hard work paid off.. Car is half paid off already.. I pick it up tomorrow!
Post # 15
@Ms_Severna_Park: Congrats!! I loved my Toyota when I had her.