DO NOT buy a former rental car. |
| Toyota Yaris - you can get one that is only a couple years old for less than $10,000. They run forever. |
1. do not buy american cars 2. do not ever buy american high tech cars |
No Avis or Enterprise. People treat rentals like crap. Same with corporate cars. |
| The used Corolla seemed like good advice. We have a 15 yo Camry we hardly ever drive. I would love to get rid of it but it works beautifully, requires virtually no maintenance, and shows no signs of trouble even after not having been driven for a long time. I see tons of the same model year on the road so it's not just that we got lucky. |
| Word of advice - if you only drive a few thousand miles a year don’t get a hybrid. They’re set up so that if you don’t drive frequently you’ll have issues with the hybrid battery and if it’s not under warranty (eg if you get it used) that thing is expensive to replace! |
| Get a camry, accord or civic. Buy used. Look for something owned by a little old lady (or other person who drove rarely) and has extremely low miles. |
Just traded in my Focus after 17 years...spent almost nothing on it either. |
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Do not buy used electric car. Batteries are ticking maintenance bomb
Why not a Honda Fit? Such a fun car to drive, great storage, snap to park. |
OP, what we've found is that if you buy a new car with excellent resale value, such as a Toyota Corolla or Honda Civic, the depreciation for the first 3 years or so works out to about a hundred dollars a month - this is with normal mileage. If you only end up putting 6000 miles or so on the car in three years, then then resale value would be even higher. This is the route we would go if we were you. With a new car you also get the benefit of warranty coverage, almost no maintenance - except for the oil changes, better safety/features, and generally greater peace of mind. |
You were lucky. Sadly, doesn't mean OP will. |