Need a New Car
I have a Chevy Cavalier. The bumper was duct taped on for a while, but it started falling off on the highway and I had to rip it off. It's fucked mechanically too.
Time for a new car.
What do you guys recommend? I'd probably get it on Craigslist unless somebody can convince me that a dealership is a better idea. Or that buying new is a good idea.
I'd rather not spend more than like $6-7k. I'm met with a bit of a dilemma:
I anticipate that in a few years, I'll be in a position to buy a new car. But I need a car now. So I can buy some Honda now for $2k and hope that it doesn't break by then. Or I can buy something half decent for like $5-7k.
Gas isn't really a huge issue, but maintenance is. I was looking at used German cars, but I hear that the maintenance is a bitch. Just how much more expensive is it to get Mercedes maintenance than, say, Nissan?
Any overall advice on where to start researching? Any specific models?
Hyundai....theres some deal wehre I live (westchester ny) 3000 down and 66 a month for a 24 month lease. All in all ends up like 5 and some change pretty sick deal if you ask me
Lease a new M3. Or any car, for that matter, just don't buy one.
I can see the appeal in leasing if you make decent money and want to always drive a new car. But I don't see why I'd to it currently.
For 6-7k I'd stick with a Honda/Acura product. Very reliable and low maintenance costs.
Paging IlliniProgrammer, come in IlliniProgrammer....Do you read me...over
If I had to buy a car in your price range I would get an older, used convertible made by a non-American car company.
If all you need is basic, inexpensive, reliable transportation, then buy yourself a plain jane Honda, Toyota, or Ford. Make sure it has a good service history, too.
German cars are expensive because they 1.) were made in smaller quantities, and 2.) most parts were made and assembled in a high-cost country.
lease.
Honda or Toyota
Stick with an asian brand - way more reliable. Also, mercedes don't last for shit and every little thing in the world will go wrong with it
You should be able to find a nice Civic/Accord or Corolla/Camry in the $6-7k range that you'll be able to sell for $5-6k in 2 years. Don't mess with a BMW/Mercedes if you don't want to bend over.
Try to get a (2002-2004) Nissan Altima or a 2004 Acura tl. Both are great, reliable cars in that price range.
Lease a new car. Go for 0 down if you can.
Because you can get rid of the car at the end of the lease. And you wouldn't have to worry about anything except paying some insurance for your brand new car (which happens to have zero mechanical faults because, whoa, it's brand new).
Just to illustrate where I'm coming from: I went through 3 cars in college. One handed down by my father (worthless, 1997 MINIVAN lol), one I bought brand new (2008 2-door, hooked up with racing shit, there's a thread about this somewhere), and one I bought used after my racing wip got totalled (didn't take long for that to happen).
I learned one thing from the entire experience: when it comes to college cars, go as low-risk as possible. Old cars are bad because they require a ton of maintenance and steal time away from you. I missed a final once because my car's passenger-side axle decided to get fucked (BMW, go figure). Buying cars is stupid unless you can afford them outright, which you won't be able to with $6K.
So, rather than spend your $6K on a used car that may or may not cause problems for you down the road, go lease a Honda or some other cheap car. You can probably get a $0 down-payment, it'll be cheap as hell, around $100-200/month, depending on where you are insurance won't be expensive, and you have a yearly option to simply get rid of your car.
Note: I am assuming you need it for college.
Anyone know of a site to compare deals for new cars? Down payment, payments, etc?
forget Honda. at that price point and in the same class, research Toyota and Nissan, better bang per buck.
Rerum voluptatem voluptatibus dolorum tempore aut voluptate. Iure consequatur ut qui maxime enim eos. Sed voluptate sit iure dolorum sed dolores ea. Voluptatibus perspiciatis fugiat voluptate non sit iusto expedita. Beatae amet adipisci aspernatur aut explicabo molestiae.
Magni quae rem qui sit. Iusto nam ratione officiis ut tempore repellat sed. Quis molestiae architecto ipsum exercitationem autem neque. Totam exercitationem odio in est sapiente suscipit ducimus perferendis. Sint veniam dolores sint sunt veritatis aut.
Quis nihil velit dolorem porro cum amet corporis. Vitae qui sunt commodi sed molestias. Mollitia dolorum quaerat quod officiis quis quam deleniti illum. Laboriosam necessitatibus id neque possimus.
See All Comments - 100% Free
WSO depends on everyone being able to pitch in when they know something. Unlock with your email and get bonus: 6 financial modeling lessons free ($199 value)
or Unlock with your social account...