Last post on Dec 08, 2013 at 7:13 PM
You are in the Sedans
What is this discussion about?
Chevrolet Malibu, Nissan Maxima, Mazda MAZDA3, Nissan Altima, Honda Accord, Honda Civic, Hyundai Elantra, Lexus IS 250, Acura TSX, Car Comparisons, Sedan
#3605 of 3640 Re: Hello everyone [mehis]
Oct 07, 2013 (9:12 am)
I would never rule out an entire brand, out of hand. I've owned all of those you listed plus many more. I decide what car to buy (or lease) based on my specific criteria at that time. Whatever car fits the criteria best for the lowest cost, I'll get. Right now I own or lease two Hyundais, a Kia, and a Mazda. But my next car may not be from any one of those brands.
Oct 07, 2013 (6:59 pm)
We now have in our stable a Mazda, a Nissan, a Honda and a Hyundai and they are all excellent vehicles. We've owned numerous Toyota's, had a Buick, Oldsmobile and an Isuzu and the Isuzu was garbage but we liked all the rest! Go do your research, test drive and make a qualified decision...all your information is out there. Good luck!!
#3607 of 3640 Re: Own Multiple Brands [sandman_6472]
Oct 08, 2013 (6:47 am)
Current: Benz, Ford, Chrysler, Volvo, Nissan.
Grew to hate my Honda, the Land Rover never made it on the road (project vehicle that never took off), we weren't terribly fond of the Subaru, and my 135i was a problem child. Other than that, all good stuff.
Oct 09, 2013 (6:39 pm)
I am coming off a lease on a 2010 Nissan Altima 2.5S Sedan. I just hit 31K miles on it and it's in pretty good condition. I am considering purchasing it since the set purchase price is decent (around 12.5K, KBB value is around 13.3K), the mileage is low, and I know where it's been the whole time .
What are your thoughts? How does the Altima hold up over time? What are the maintenance costs like as the car ages? I'd plan on keeping it for the next 4-5 years. I have a longer commute nowadays so I am probably looking at 12-15K miles a year of usage. To be truthful, the car has been great but I am not particularly attached to it and would rather get into something like a small SUV (Rogue, Forrester, CR-V, Escape). But of course, I don't want to lose out on what seems like a good value on this car.
Thoughts, opinions, reality-checks are much appreciated.
#3609 of 3640 Re: Buying Advice? [jagyossarian]
Oct 09, 2013 (7:13 pm)
Unless you really need an SUV, keep the Altima. I've driven the Rogue. It's based on the old Sentra. I think you'll find it a come-down from the Altima. The others are nicer, but will cost a lot more than $12.5k if you buy new.
One thing you might do is check with Nissan re special deals as you come off lease. I had a Sentra that came off lease this past summer, and Nissan was offering me 4 months waived payments, money towards wear & tear, and cash incentives to buy or lease a new Nissan. Leases are really good on the new Altima, or you could see what they would do on a Rogue or even a Murano if you want to go the SUV route.
#3610 of 3640 Re: Buying Advice? [jagyossarian]
Oct 10, 2013 (6:00 am)
Its definitely a fair purchase price. Seems they hit the nail on the head with the residual. That would probably get you right around $10k as a trade-in, $11k dealer auction, and $13k-14k retail.
If you like it, I'd say keep it. At 31k miles, its just broken in.
#3611 of 3640 Re: Buying Advice? [jagyossarian]
by Kirstie@Edmunds HOST
Oct 10, 2013 (10:27 am)
I'm going to echo the other 2 members who've said to buy it.
Even if you're not totally in love with it, it hasn't made you despise it. If you've got your eye on an SUV, your best bet would be to buy this (since it's at a lower price than you could likely find the same vehicle for on a dealer's lot), pay it off as quickly as you can, and then trade it in on an SUV. It'll make a nice downpayment.
#3612 of 3640 Re: Buying Advice? [jagyossarian]
Oct 10, 2013 (11:42 am)
Thanks all. I appreciate the perspective.
Backy - I wasn't a fan of the Rogue when I test drove it and chose the Altima over it so I think you're right that it would feel like a step down.
Qbrozen and Kirstie, it does seem like buying it is the way to go. My other option would be to try to find a used CRV or Forester but it seems that those cars are a few K above the price my Altima, have higher mileage, and have the uncertainty of unknown previous owners. Does anyone know what the avg. yearly depreciation on a vehicle like the Altima is past year 3? 10%?15%?
#3613 of 3640 Re: Buying Advice? [jagyossarian]
by Kirstie@Edmunds HOST
Oct 10, 2013 (11:56 am)
Q might be able to answer more directly, but you can check our True Cost to Own tool. It lists all of the costs, but breaks them out so you can see depreciation. Since your vehicle isn't at the 5-year mark, years 4 & 5 are estimated. If you want to look at more historical data, you can choose an earlier model year, though the depreciation is going to change based on other factors present for that particular model year (desirability, body style, etc.)