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Selecting and Buying My First Car

764 messages,  Last post on Aug 17, 2009 at 12:29 PM

You are in the Smart Shopper Forum. Your Hosts are kirstie_h & tidester

What is this discussion about? Car Buying


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#155 of 764
Re: Best Value [danf1] by kyfdx HOST
Feb 14, 2005 (12:38 pm)
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Replying to: danf1 (Feb 14, 2005 12:34 pm)

Or.. buy a 2-year old Elantra, and save 60%?
 
I can't see buying one new...
#156 of 764
Re: Best Value [kyfdx] by danf1
Feb 14, 2005 (12:42 pm)
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Replying to: kyfdx (Feb 14, 2005 12:38 pm)

True but on a 2-year old Hyundai, you will not get the 10yr powertrain warranty.
#157 of 764
Re: Best Value [danf1] by kyfdx HOST
Feb 14, 2005 (12:47 pm)
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Replying to: danf1 (Feb 14, 2005 12:42 pm)

Yeah.. I thought of that.. But, if that is the determining factor, not sure that is the car I want...
 
Plus, with the $6K I saved by buying used, I can buy a lot of powertrain work.... Or, just dump the car, if it is a problem...
 
I can see the desirability of that, though... most people couldn't handle a $2K-$3K repair..
#158 of 764
Possibilities by latham
Feb 14, 2005 (2:05 pm)
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From responses I've got so far here are some possibilities. To be able to compare, it'd be nice to have some numbers attached, so I guess I'll put down TMV for new, unless you folks have better numbers. For used, I'll post some nearby me, feel free to point out better prices:
  
'05 Elantra - 11,928 (after extra $400 college grad rebate)
'05 Accent - 10,935 (after same rebate)
'03 Elantra - 8,988 w/30k miles link
'02 Elantra - 5,988 w/46k miles link
  
I think I might be a bit concerned about the used Elantra's, both because of reliability concerns for older Hyundai's, and because CR says 2001-2003 models scored poor on the offset-crash test result.
  
'02 Prizm - 6,450 w/40k miles link
  
Writing these out makes me favor either the new Elantra or '02 Prizm so far, but I'm far from sure, and hope to see other choices.
#159 of 764
Re: Best Value [kyfdx] by isellhondas
Feb 14, 2005 (2:39 pm)
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Replying to: kyfdx (Feb 14, 2005 12:38 pm)

I agree with you. The resale on these is worse than horrible. So what if you lose the 100,000 mile warranty? It only applies to the POWERTRAIN! Any modern car should be able to do 100,000 miles without powertrain problems. It's the other stuff that usually breaks.
 
Yes, as used cars I think they can be a lot of car for the money...IF you happen to like them.
#160 of 764
Re: Possibilities [latham] by latham
Feb 14, 2005 (2:47 pm)
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Replying to: latham (Feb 14, 2005 2:05 pm)

And a couple Toyotas
 
'05 Corolla 13,661 (same college rebate as Hyundai)
'05 Echo 11,674 (same rebate)
#161 of 764
Re: Possibilities [latham] by kyfdx HOST
Feb 14, 2005 (2:51 pm)
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Replying to: latham (Feb 14, 2005 2:05 pm)

That Prizm is an automatic.. if you keep looking, I'll bet you find a 5-speed for even less money... That looks like the best option, IMO.. and not a bad price...
 
If you don't care about options... stay away from the LSI model.. If you are willing to take a manual, without power locks or windows, you can get them dirt cheap...
 
regards,
kyfdx
#162 of 764
Re: Possibilities [latham] by steine13
Feb 14, 2005 (3:00 pm)
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Replying to: latham (Feb 14, 2005 2:05 pm)

kyfdx is right (he's usually right).
Go used, keep your eyes open for a super-duper cheap car, but a good target price is $5-6k; LOTS of car for the money in that area.
Forget Hondas, too much money typically; Toyota is also expensive. Prizm is your best bet, and maybe Mazda Protege. A Ford Ranger reg cab 4cyl is great for $6 or so becuase if you buy it right, the value will just hang there; everyone wants a $5 or less pick-em-up truck.
 
As far as keeping your eyes open: Two Sundays ago, I open the paper and see "99 Prizm LSi, 115k miles, cared for, one owner, $2,000."
 
I didn't want it, but I would have bought it immediately for resale... I googled the phone number and went straight there for a look-see... this is Sunday morning 09:00, and I didn't want to call... I'm looking at the car -- very nice -- when a lady leaves the house... "Is this your car?" Yep, I just bought it!
 
Apparently some people know a good deal when they see one; assuming most people don't get the Sunday paper before 06:00, that car lasted 3 hours!
 
-Mathias
#163 of 764
Try by jchan2
Feb 14, 2005 (3:06 pm)
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How about a year old rental fleet Ford Focus? Resale is horrible, the warranty is transferable, and the reliability has been recently upgraded by Consumer Reports from Worse Than Average up to Average. Sure, it may not be as reliable as a Civic, but it offers a lot of car for the money. Or you could try a two or three year old off lease/rental car Taurus. Cheap, gets you where you need to go, and relatively easy to find.
#164 of 764
by ateixeira
Feb 14, 2005 (5:44 pm)
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A used Hyundai still carries a 5/60 bumper to bumper warranty. Suzuki has the fully transferable one, though.
 
For Honda and Toyota it would be 3/36, i.e. basically it would be little or no B2B coverage on a used car, unless it's CPO.
 
I say treat yourselves, you can afford it, so get a nice new Corolla or Civic, since you've had luck with those brands before. Drive both and pick the one you prefer.
 
Maybe toss in a Mazda3 test drive, and a Subaru Impreza/Outback Sport if you see snow.
 
Good luck shopping.
 
-juice

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