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re: Are there still affordable vehicles?
Posted on 1/21/24 at 7:05 am to kingbob
Posted on 1/21/24 at 7:05 am to kingbob
Bought a brand new 22' explorer in June of 23'. They were getting full of new models and had to offload the existing inventory. I asked for 6k off sticker, and said thank you for your time when he said he couldn't go that low. He called me back the next day and said when could I come back in the purchase at that price.
If you don't need the suv space for dogs, kid (s) then the accord or camry route is best value long term. We have it where wife drives an accord and I have the suv for when we have to pile in for vacations, family stuff. It's still not cheap or what used to feel affordable, but hers is paid off, and I had a paid off fusion I drove for 10 yrs, 6 debt free. I miss no car payment, but enjoy the suv and we try to have it where theres only 1 car payment at a time.
If you don't need the suv space for dogs, kid (s) then the accord or camry route is best value long term. We have it where wife drives an accord and I have the suv for when we have to pile in for vacations, family stuff. It's still not cheap or what used to feel affordable, but hers is paid off, and I had a paid off fusion I drove for 10 yrs, 6 debt free. I miss no car payment, but enjoy the suv and we try to have it where theres only 1 car payment at a time.
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Posted on 1/21/24 at 9:31 am to olemissfan26
quote:
If you have time to be patient and wait for the right used one to pop up yes. If you’re gonna go waste your money on a new Tahoe or wagoneer no
Toyota/lexus or Honda is where I would start.
Toyota is not a place to start for used vehicles to be cheap IMO. They hold their value remarkably well (along with Subaru) and owners usually have them for a reason, they know they will last a really long time. I’d buy a used Toyota, but I would not expect to get a good deal.
I would be weary about Hondas. The Honda of today is not the Honda of 15-20 years ago.
Agree about new vehicles. They are never going down. Incentives may come back and interest rates may decrease, but the prices are not going to drop noticeably. People are now willing to stretch payments out for 84 months. It seems irrational to me.
One last thing, being patient to find a deal is accurate, but once you find it you can no longer be patient. With the internet car sales, everyone is scouting for a deal and the deals get bought up very quickly. You cannot wait a couple of days to decide if you find the car you want because it will be gone quick.
Posted on 1/21/24 at 4:43 pm to go ta hell ole miss
Manual transmission Nissan Versa.
Posted on 1/21/24 at 5:07 pm to kingbob
Prices are coming down, rates are going up. We are not pre-covid numbers for price, but it is trying to get there.
This is the best time to buy a car since Q1 of 2020, there is something out there.
Reliable depends, even precious Toyota are littered with issues now.
This is the best time to buy a car since Q1 of 2020, there is something out there.
Reliable depends, even precious Toyota are littered with issues now.
Posted on 1/21/24 at 5:33 pm to Chad504boy
quote:mitsubishis are garbage. what are you talking about? have owned one? guaranteed oil leaks.
Buy a Mitsubishi and drive it till the wheels fall off
Posted on 1/21/24 at 10:01 pm to faraway
quote:
mitsubishis are garbage
agreed. my wife had a galant before we got married years back and when that POS went out....it went out. all the electronics. crap was burnt toast.
Posted on 1/22/24 at 1:25 am to Fat Bastard
Go find an 2010-2018 Honda whatever fits your needs. Go get something with 90-150K miles and go through the CARFAX with a fine-tooth comb and look for things out of the ordinary. Preferable no accidents and find one that was fully loaded and you should have yourself a really nice car for 10-15K.
Posted on 1/22/24 at 7:06 am to kingbob
You absolutely can. The MSRP on 2024 Accords is around $30K.
As a bonus it’s nice looking car you can drive 200k+ miles with little trouble.
As a bonus it’s nice looking car you can drive 200k+ miles with little trouble.
Posted on 1/22/24 at 8:20 am to olemissfan26
quote:
Toyota/lexus or Honda is where I would start.
If you want cheap, I’d do the opposite. Find a domestic car that’s 4-10 years old with low miles for their age. You can find 10 year old Chevy and ford sedans for good prices. Toyotas and Hondas hold their values very well.
Most vehicles will hit $200k miles easily if driven properly and have the maintenance done that they need.
People complain but you can find vehicles with 80-120k miles for $8-10k that will last you 10 years.
Posted on 1/22/24 at 12:01 pm to oneg8rh8r
quote:
find one that was fully loaded
Why is this important? Do people who purchase fully loaded versions tend to treat their vehicles better or do they hold up better?
Posted on 1/22/24 at 4:12 pm to kingbob
Exactly, people that spent the extra money typically had the money to do the recommended maintenance when prescribed and fix things when they went bad.
And you get a nicer car to boot as all those extra do amount to much more cost on the resale of a car over 8 yrs old with higher miles.
And you get a nicer car to boot as all those extra do amount to much more cost on the resale of a car over 8 yrs old with higher miles.
Posted on 1/22/24 at 4:22 pm to oneg8rh8r
quote:
Exactly, people that spent the extra money typically had the money to do the recommended maintenance when prescribed and fix things when they went bad.
And you get a nicer car to boot as all those extra do amount to much more cost on the resale of a car over 8 yrs old with higher miles.
I would disagree completely. The issue with loaded cars is they have a lot of items that aren't needed that break at $100k miles. Electric seats, high end audio, video screens, electric everything, etc.
You wanna find a matching rim for that fully loaded car? Its an extra $400 over just your standard rim.
Many cars the "fully loaded" is basically the mid tier luxury car. A fully loaded Toyota is very close to a Lexus, for example.
I've been there and done that, the last thing you want if you are trying to save money is a bunch of electric shite in your vehicle breaking down.
Posted on 1/22/24 at 4:59 pm to Chad504boy
quote:
Buy a Mitsubishi and drive it till the wheels fall off
Which will not be very long
Posted on 1/22/24 at 5:21 pm to kingbob
I've always driven second hand Honda Accords and they are an outstanding value when you look at the longevity of driving it for 200k miles plus. I splurged around 50 and bought a new Acura TL and going on year 12 driving it.
A friend just bought the Honda HRV for his son graduating from college and I was surprised at the car/small SUV value for $25k.
Good luck!
A friend just bought the Honda HRV for his son graduating from college and I was surprised at the car/small SUV value for $25k.
Good luck!
This post was edited on 1/22/24 at 5:26 pm
Posted on 1/23/24 at 11:26 pm to kingbob
Honda Accord owner here. Great car, reliable, affordable.
Posted on 1/25/24 at 1:27 am to bovine1
Wow it had to be hard to find a manual transmission for a versa. I too have a versa and say a little prayer before I drive from my house, over the Bonnet Carre through NOLA to work every day. When the wind is blowing I can feel myself getting lifted off the ground lol.
Posted on 1/25/24 at 6:46 am to TIGERforLIFEinTX
quote:Youre just getting them broke in. I’m knocking on 300k (299k). Still runs like a top.
Honda Accords and they are an outstanding value when you look at the longevity of driving it for 200k miles plus
Posted on 1/25/24 at 7:51 am to kingbob
Honda Civic or Accord
Subaru Crosstrek
Toyota Corolla or Camry
Mazda Cx 5 or CX 30
Tesla (if eligible for discounts) Model 3 or Y
Used Lexus or Acura
Not much for traditional US automobile manufacturers
Subaru Crosstrek
Toyota Corolla or Camry
Mazda Cx 5 or CX 30
Tesla (if eligible for discounts) Model 3 or Y
Used Lexus or Acura
Not much for traditional US automobile manufacturers
Posted on 1/25/24 at 6:15 pm to baldona
This is the way. I like to think of a car for a year as a $1000 payment. If I get 1 year out of every 1k I spend on a car I will be very happy. And it’s certainly possible. People would rather drive something new though and spend 2-3k a year. To each their own
Posted on 1/25/24 at 6:17 pm to molsusports
Chevy Tahoe, suburban, Yukon
Toyota sequoia or 4Runner
Toyota Corolla or Camry
Rav4, highlander
Lexus ES GS
No order just difference preferences depending on size and what you want. If you want reliable I would stick to a car on this list
Toyota sequoia or 4Runner
Toyota Corolla or Camry
Rav4, highlander
Lexus ES GS
No order just difference preferences depending on size and what you want. If you want reliable I would stick to a car on this list
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