Anonymous wrote:I settled w/my car insurance today & they offered me $12,000 in order to purchase another car since mine was recently declared a loss by them.
I was wondering if anyone on here thinks that I can find a reliable, decent vehicle at that price point.
I prefer either a Toyota or a Honda.
It should be 100,000 miles or less and be an automatic transmission.
I want a car (sedan or coupe), no SUVs, Mini-vans or trucks.
No salvage titles or previous accidents either.
I have $12,750 in cash and am looking at either a PP or a dealer purchase.
Is this doable?
TIA.
This may be an odd choice but hear me out. Consider a 2013 to 2017 Hyundai Azera, at the time, a step above the Sonata in size/features and with a strong 3.3L V6 engine. Underappreciated in the US, built in Korea primarily for the Korean market, bulletproof engine, overall super reliable (comparable to a Toyota), but with a slight luxury feel. Because it falls in the shadows of many other cars, you should be able to get one for a decent price and good for 200k miles. Check the online reviews to confirm the above. Best of luck.