Anonymous wrote:
Anonymous wrote:female, 24 yo., first time driver (yes, I've been using public transportation until now), small, safety and reliability are important. under or around 23k. TIA
The models discussed here are generally good choices; the Honda Civic and Toyota Corolla have probably maxed out the value on reliable and affordable (both to purchase and own). I would also suggest the Subaru Impreza or Legacy. Subaru has very good reputation for reliability and resale, similar stats to the other vehicles, and all-wheel drive, which can be helpful if you if you have to travel in ice/snow. I would try out a number of other options in this class, however. Why? The affordability factor of the cars is slipping, particularly the Honda Civic.
If this is your first time buying car, get some help. Just walking on the lot and saying I want the green one can cost you thousands. But it may also be that a few thousand dollars is worth it to you to avoid the stress and headache of buying a car.
A few suggestions for saving you money:
1. Do not tell anyone selling you the vehicle that you have a budget of $23k.
2. If you are financing, consider alternative financing options before you go to the dealership. It's possible that you will get a great financing offer right now from the dealership because of COVID driving down the demand, but generally dealerships financing is less favorable than you will get from your credit union or bank.
3. Don't get too freaked out about reliability if you are buying a new car. That probably seems like terrible advice because you are likely a very responsible person trying to make a prudent choice without getting swept up in some fancy motor or trendy car stuff that you don't care about. You probably just want to get from Point A to Point B without having to worry about too much in between. The last thing you want is a car that breaks down frequently. But the truth is that assuming you stick the manufacturers recommended maintenance schedule (oil changes, tire rotation, etc.) virtually any sedan you pick isn't going to give you trouble for 100k, which might very well be your entire life with the car if you return to regular public transportation following the end of the pandemic. In 7-10 years, your transportation needs may change. So feel free to consider some other options like the KIA Forte or Mazada 6 (or smaller Mazada 3) or a Hyundai Sonata, all of which are likely to be cheaper.
4. Realize the car prices are not set in stone and you can offer less. Don't be afraid to walk away.