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
#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.)
#3615 of 3640 Which used Crown Vic ?
Oct 19, 2013 (1:30 pm)
I just sent my always reliable 1997 CV to the junkyard, a victim of underbody rust. Got 280,000 miles out of the 'ol girl.
I use it for getting to sales calls only....no entertaining or clients or prospects ever are in the car.
I now have a choice to make
1.) A 1999 CV with 106k miles on it. A friend of a friend inherited it from her recently deceased Dad, who bought it new and most likely was garaged all the time. Lived in Florida until 2010 until he moved in with her family here in Indiana. No body damage, base pkg, white with grey cloth interior. No idea if the plastic intake manifold top was replaced during the recall, but I'd guess it was since seniors usually jump on that stuff right away. No idea on the transmission. Probably get it for around $2,200.
2.) A 2004 Crown Vic with all leather interior and 139,000 miles on it. Some nicks and scratches, mainly cosmetic. Had a mild collision that popped the air bag sensor but not the airbag itself. Airbag sensor has been replaced. Rear rotors are warped, as the car surges straight when braking. Mild smoker smell, but not bad and doesn't cause any residual odor in one's clothes. Has a non-oem stereo replacement that doesn't quite fill in the space left my the original. I can get it for $3,000 from a friend who has a wholesale license and bought it at the auction here in Indy. He says he can get $4,500 for it at retail, but I'm helping him out work wise with some extra training, so he'll let me have it for $3k. I trust him btw.
#3616 of 3640 Re: Which used Crown Vic ? [evolk1]
Oct 19, 2013 (5:49 pm)
I'd take the '99. Known history, lower miles, and no significant changes from '99 to '04 that would be a "gotta have" in my book. I sold one recently that belonged to a deceased relative and it was in pretty poor condition with 140k miles. Got $2k for it the day it was listed so I think that one sounds like a great deal.
#3617 of 3640 new sedan, but not German?
by Stever@Edmunds HOST
Oct 21, 2013 (1:58 pm)
A reporter is interested in speaking with a car buyer who recently purchased a new sedan, but did not consider any of the German brands (such as Volkswagen) during the shopping process. If you can assist, please contact predmunds.com by Wednesday, October 23 2013.
#3618 of 3640 Nissan Maxima 2004 SL - Crossed 80K Miles - Asking 8900 Is it worth to buy?
Oct 21, 2013 (4:11 pm)
Am planning to buy Nissan Maxima 04 SL Automatic fully loaded car crossed 80000 miles ,Asking price is 8900$ , I found out Nissan Maxima 04 is having transmission problems , is it worth to buy this car for the money ? and also i would like to know the resale value of the car after 15 months ?
#3619 of 3640 Re: Nissan Maxima 2004 SL - Crossed 80K Miles - Asking 8900 Is it worth to buy? [gmurugesan]
Oct 21, 2013 (4:41 pm)
Where do you get info as to transmission problems? When I look at reliability data on various sites I only see "infrequent" or "minimal" transmission problems. It's generally a reliable car. Before you buy have a mechanic check it out.
Are you planning to own the car for only 15 months? In that case I'd get an old car for the smallest amount of money.
Our '01 Maxima had over 130,000 miles when we sold it in good condition. I am sure it will go another 100k.
#3620 of 3640 Re: Nissan Maxima 2004 SL - Crossed 80K Miles - Asking 8900 Is it worth to buy? [suydam]
by Kirstie@Edmunds HOST
Oct 22, 2013 (8:14 am)
I agree. If you only plan to own a vehicle for 15 months, your best bet is to choose one that has already hit a low point in depreciation. For example, my son bought an older Honda Accord last year for $3700. 13 months later, it's still worth about $3700, maybe a couple hundred less. As a bonus, it's pretty good on gas and his insurance costs are low.
#3621 of 3640 Should I lease a Nissan leaf or keep my Saab 9-3?
Oct 27, 2013 (8:16 am)
We drive very few miles a year (probably about 6-7,000 total). Our primary vehicle is a 2011 Jetta Sportwagon TDI, which we own outright. It has 10k miles on it after 2 years. Our other car is a 2006 Saab 9-3. We purchased this about 1.5 years ago for about $9.5k. We've put 1.5k miles on it during that time.
Unfortunately, the Saab has been a huge headache. We've probably put $2k into it in repairs, and it's been in the shop on multiple occasions. This is extremely inconvenient, both because I have a busy work schedule and hate taking time out for this kind of thing, and because although we don't drive much, there are specific times during the week where we need two cars.
The Saab is in the shop again for a $700 repair, and I'm fed up. I'm considering selling the Saab (only worth $6.5k now to private party) and leasing a Nissan Leaf. This could be an ideal second car for us, since the vast majority of our trips are <75 miles, and for those few times where we take a longer car trip, we can use the Jetta TDI. I've always read that leasing is the worst financial decision (when compared to buying new and buying used), but I came across this article (http://evworld.com/news.cfm?newsid=31045) about leasing a Leaf that makes it sound like a pretty good deal because of the Federal tax credit. And to be honest, I'm so tired of dealing with maintenance with the Saab that I don't think I can bring myself to buy another used car. The Jetta has been so nice in that respect; we've taken it in for the annual service and that's it. I realize that even if we spent $1k on repairing the Saab each year, it would probably be cheaper financially to do that than to lease a new Leaf. But as I wrote above, money is only one consideration. I suppose another option would be to sell the Saab to a private party, and apply that to the outright purchase of the Leaf. With the Federal tax credit, and the money from the Saab, we'd only have to shell out $15k which is not bad. I'd love to hear your opinions and advice! Thanks.