A new car purchase

Whatever you get, get it used.

 

Thanks for your comments. I am thinking of getting the automatic
transmission.

 

Thanks for your comments. I am thinking of getting the automatic
transmission.

 

Yes, I'm considering all options right now.

So, you're saying the 2003 Honda Accord has the best interior, followed by
Mazda 6, and then 2003 Nissan Altima. But the Mazda 6 has the best
exterior, followed by Honda and Altima.

I'd like to hear what others think and if they agree.

 

Yes, I'm considering all options right now.

So, you're saying the 2003 Honda Accord has the best interior, followed by
Mazda 6, and then 2003 Nissan Altima. But the Mazda 6 has the best
exterior, followed by Honda and Altima.

I'd like to hear what others think and if they agree.

 

Amen, brother.

Alex Devlin

 

Amen, brother.

Alex Devlin

 

Falling asleep through Grant's post...

In the city, then I would get an auto, with the V6. Either the Accord or
the Altima.

Course, I like the Accord better, but that's what I wold test drive

--
"If you can't change a tire, you're not allowed to have a beard. It's the
most basic part of a car: If you don't know that much about a car, you
really shouldn't be driving, should you?" - Jimmy Kimmel

Dan**** (10:38:51 PM): I have more respect for you than ever before

 

Falling asleep through Grant's post...

In the city, then I would get an auto, with the V6. Either the Accord or
the Altima.

Course, I like the Accord better, but that's what I wold test drive

--
"If you can't change a tire, you're not allowed to have a beard. It's the
most basic part of a car: If you don't know that much about a car, you
really shouldn't be driving, should you?" - Jimmy Kimmel

Dan**** (10:38:51 PM): I have more respect for you than ever before

 

Used? Why?

 

Used? Why?

 

The guy looking at new cars so he must be able to afford a new
car. The only people that buy used cars are those that can't
offered to buy a new car. Why buy something that somebody
else no longer wanted and one that you can never know for
sure what type of use or abuse it was subjected to or what
service it did or did not receive? LOL



mike hunt

 

The guy looking at new cars so he must be able to afford a new
car. The only people that buy used cars are those that can't
offered to buy a new car. Why buy something that somebody
else no longer wanted and one that you can never know for
sure what type of use or abuse it was subjected to or what
service it did or did not receive? LOL



mike hunt

 

My '88 Accord has been a good car also except for the disasterous A/C.
It has never worked more than 2 years without recharging. It always
leaked. I pat $1000 to have it repaired by an A/C specialty shop,
afterwhich it worked for almost 5 years. It is now gone again and not
worth the repair. I hope honda air conditioning as improved. I lived in
Japan for nearly 2 years, no one has A/C. So I assumed Honda just did
not know much about it.

 

My '88 Accord has been a good car also except for the disasterous A/C.
It has never worked more than 2 years without recharging. It always
leaked. I pat $1000 to have it repaired by an A/C specialty shop,
afterwhich it worked for almost 5 years. It is now gone again and not
worth the repair. I hope honda air conditioning as improved. I lived in
Japan for nearly 2 years, no one has A/C. So I assumed Honda just did
not know much about it.

 

Money is so cheap now it pays to finance your car, even if you can write
a check for the entire thing. I bought an Accord EX sedan w/auto last
month and financed it through Honda at 3.64%. I can definitely do better
than 3.64% with my money.

Also, if you take a look at Honda's resale values, they hold up much
better than Detroit iron. A 2 year old Accord isn't that much cheaper
than a new one. A 2 year old Taurus is probably about half price (just
guessing).

As always, YMMV.

 

Money is so cheap now it pays to finance your car, even if you can write
a check for the entire thing. I bought an Accord EX sedan w/auto last
month and financed it through Honda at 3.64%. I can definitely do better
than 3.64% with my money.

Also, if you take a look at Honda's resale values, they hold up much
better than Detroit iron. A 2 year old Accord isn't that much cheaper
than a new one. A 2 year old Taurus is probably about half price (just
guessing).

As always, YMMV.

 

Lots of us can "afford" a new car. Some of us realize that you
can save $10K buy a two year old off lease car and get everything
but the new car smell and a big loss in our "investment" over the
next two years. Put that $10K into a real investment, it's $150K
when you retire. Go ahead, you decide. If your money, and if you can
as you say "afford to buy a new car" I'm sure you already have
$2m in the bank for retirement anyway.

People who lease cars turn them in in 2 or 3 years. The don't turn
them in because they're broken, they turn them in because the lease
is up and they want another new car. In fact, most of these folks
are very careful with their cars because they don't want to pay extra
money to the leasing company at turn in. If you now something about
cars, you start by looking at reliable makes, then you look for a
car that's cosmetically perfect (it's been cared for) then you look
at the mechanics and buy one that has no problems or abnormal wear.
It's not hard.

Now, we could discuss the people who lease and turn in their car
every three years. Not only do they need a "new" car, but they've been
suckered in by the leasing people into believing that leasing a car is
even better because you get an even pricier car for the same money
per month. Salesmen have been "selling the monthly payment" for years
and suckers buy in. Somehow I think most of the folks leasing could
use a course in "managing your finances" too.

A car is a *depreciating* asset. The first two years incur *major*
depreciation. It doesn't make sense to buy a highly depreciating
asset at high cost when a lower depreciating asset at lower cost
will do the same job.

YMMV, some people just gotta fill up that ego bank with a new car.

Bob

 

Lots of us can "afford" a new car. Some of us realize that you
can save $10K buy a two year old off lease car and get everything
but the new car smell and a big loss in our "investment" over the
next two years. Put that $10K into a real investment, it's $150K
when you retire. Go ahead, you decide. If your money, and if you can
as you say "afford to buy a new car" I'm sure you already have
$2m in the bank for retirement anyway.

People who lease cars turn them in in 2 or 3 years. The don't turn
them in because they're broken, they turn them in because the lease
is up and they want another new car. In fact, most of these folks
are very careful with their cars because they don't want to pay extra
money to the leasing company at turn in. If you now something about
cars, you start by looking at reliable makes, then you look for a
car that's cosmetically perfect (it's been cared for) then you look
at the mechanics and buy one that has no problems or abnormal wear.
It's not hard.

Now, we could discuss the people who lease and turn in their car
every three years. Not only do they need a "new" car, but they've been
suckered in by the leasing people into believing that leasing a car is
even better because you get an even pricier car for the same money
per month. Salesmen have been "selling the monthly payment" for years
and suckers buy in. Somehow I think most of the folks leasing could
use a course in "managing your finances" too.

A car is a *depreciating* asset. The first two years incur *major*
depreciation. It doesn't make sense to buy a highly depreciating
asset at high cost when a lower depreciating asset at lower cost
will do the same job.

YMMV, some people just gotta fill up that ego bank with a new car.

Bob

 

Good strategy. Likewise, it would pay to finance a two or three
year old car instead of taking the big depreciation hit in the first
two years of a new car. A car is a *depreciating* asset and a new
car is about the _worst_ investment you can make.

Then buy a Nissan, where you don't find artificially high prices
created by smart marketing and soccer Moms who droll over Camry's
and Accords.

Indeed.