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Selecting and Buying My First Car

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Comments

  • jlawrence01jlawrence01 Posts: 1,828
    IF Accords and Camrys are cheaper to insure, that would be certainly counterintuitive as 1) they generally have higher theft rates and 2) they have higher residual values.
  • jchan2jchan2 Posts: 4,956
    that's true. I never thought about theft rates, but maybe a Ford Taurus would work? I would think that the theft rate on a Taurus is quite low.
  • michaellnomichaellno Posts: 4,300
    for low insurance rates, you cannot beat Saturn. I specifically talked with my insurance agent about it, and for teenagers, a 4-door Saturn is about the cheapest thing to insure.
  • You mean 93-02 Camaro/Firebird. They were not around in 2003
  • You can not find an Avalon for $8k but i know for a fact you can find a Maxima for 8k 1995-1999. i just entered a search on http://www.autotrader.com and i found more than 1800 entries.

    mike
  • Of course, it's a lighter car. But, how the heck can you even compare a Ford Explorer and a Corolla. As you said it's a lot heavier than a corolla (over 1000 lbs), the Ford is an SUV, at the time, the explorer had a 4.0L V6 or an optional 5.0 V8(not even close to the 1.8L inline-4).
  • I know that 7-8yr old Buick's are cheap but if you are looking for a reliable car, than I would avoid looking at one.

     

    I'd personally go for a honda. They might be cheap but they can last you forever. (Well if people call Honda's cheap, what is an Escort/buick)? ACtually they depreciate more since they are american-made.

     There have been Honda's that last 300-400k miles. I personally think a 2-door Prelude is a nice car and the base tranny is a 5-spd. for 1992-1996, you can choose from 3 trim levels: the S, the Si, or the VTEC. They come with 4 cylinder engines(base one is a 2.2L, which is peppy, and the 2.3L.) Consumers highly recommend 92-96 Preludes and they say to get a low mileaged one. The second thing they say is if you want more style and performance you get the Si or VTEC.
  • rroyce10rroyce10 Posts: 9,359
    ..**I know that 7-8yr old Buick's are cheap but if you are looking for a reliable car, than I would avoid looking at one** ..

     

                Really.? there's only about a Kazillion Buicks out there with 125/150k+ ticking away on the Odo's and never missed a beat .. just because they may not be pretty and don't say "Honda" on the back doesn't mean they don't go shoulder to shoulder and toe to toe .......

     

                               Terry.
  • jlawrence01jlawrence01 Posts: 1,828
    **know that 7-8yr old Buick's are cheap but if you are looking for a reliable car, than I would avoid looking at one. **

     

    Let's see my Ciera has 105k trouble free miles with one $300 repair other than normal maintenance. And I have friends with Buicks that have 150+ with no major problems. Unlike my sister's Accord with the blown engine at 50k.

     

    The original request was for a car UNDER $3K. Where you going to get at THAT price on a Honda -a 12 year old with perhaps 175k. IOW, you are going to get a car that has been ridden hard for a long time.

     

    Depreciation is a GREAT thing for a used car buyer. It gets me a good deal. I would take a 2 year old Taurus at $6k any day over an 2 yr old Accord for what - $15k. The same function at half the price.
  • from old Chrysler products.

    Unless you like to constantly replace head gaskets, steering racks, transmissions, idle speed motors, window regulators, etc. There's a reason why they sell cheap used! I've had enough of them to know!
  • The Pontiac Bonneville is so huge, if i were you i dont know what i'd do with a bonne.
  • jchan2jchan2 Posts: 4,956
    a Saturn. The original one. They should be quite cheap.
  • My dad bought me a (then new) '95 Buick Riviera as a "getting out of college" gift. For a Buick, I loved it. I think they're only about 6-8k now, but it'll be hard finding one.

     

    Saturns are nice first cars, and you will pay less insurance. But gosh, no matter what your price range, if you are a young male, your insurance will be pretty high.

     

    A tip: dress like a geek when you go to sign the insurance policy. (Big ugly sweater, find some big glasses...)

     

     I think that may have been why mine was cheaper, or maybe because a Riviera is a big old tub. Big old 2 door tub. I have an '04 Corolla now, but don't bother looking for an 03+ Corolla because their resale is actually higher than I thought. Insurance is low, even though I slipped in a supercharger and xenon headlights.... or maybe because I'm 31....

     

    Don't let your car payments ruin your life. If it's too pricy, don't buy it. If you do, your friends might be going on a vacation while you sit at home.

     

    Good luck!
  • ateixeiraateixeira Posts: 72,587
    If you get a used GM stick with the 3.8l engine, it's a lot more reliable than some other V6s they sold.

     

    -juice
  • jchan2jchan2 Posts: 4,956
    an older Infiniti I30 or G20. Don't know the insurance on them, but hopefully they shouldn't be terribly high.
  • kyfdxkyfdx Everywhere, USAPosts: 126,124
    Reading the local Saturn dealer's ad in the paper.. Every '99 and older Saturn on his lot was $3995 or less....

     

    Now, you couldn't give me a Saturn.. but, I thought that was reasonably cheap transportation.. and, I'm assuming that you could negotiate a further discount from these asking prices... Probably half the cost of a comparable Civic..

     

    regards,

    kyfdx

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  • jasmith52jasmith52 Posts: 460
    For What It's Worth:

     

    The Saturn dealer near me has fixed prices on all of their cars (The Saturn Way). So maybe there wouldn't be any negotiation for the cars you saw in the paper.

     

    Prices tend to be around 1000-1500 over wholesale book. Cars are clean and probably run well.

     

    I'd purchase one if I were in the market for a economy car.
  • isellhondasisellhondas Issaquah WashingtonPosts: 20,225
    That for people on a tight budget a Saturn isn't a bad way to go. Pretty ho-hum cars that have lousy resale and seem to hold up pretty well.

     

    And whoever suggested the 3800 GM engine, I'll chime in and agree it's one of the best engines ever produced by anyone.

     

    Which begs the question...WHY would GM feel compelled to buy V-6 engines from Honda?
  • kyfdxkyfdx Everywhere, USAPosts: 126,124
    Well... as good as the 3.8 engine has been, it would be like a tractor motor in the VUE Redline.. Saturn has always been about luring import buyers over to GM... A smooth Honda V-6 would be the way to go, I think.. I think more fuel efficient than the 3.8.. not to mention, 250 hp.

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  • isellhondasisellhondas Issaquah WashingtonPosts: 20,225
    You would THINK with as many years as GM has building engines that they would be able to design their own?

     

    Seems like they would be embarassed.
  • ateixeiraateixeira Posts: 72,587
    People here only talk about one side of that deal. Didn't GM provide Honda with diesel engines in Europe?

     

    I bet in Europe people were saying "I can't believe Honda can't come up with their own diesel engine" back when the deal was first made.

     

    Now Honda builds their own diesel. But let's be fair, they leaned on GM, too. Well, Isuzu actually, which is owned by GM.

     

    -juice
  • Kirstie_HKirstie_H Posts: 11,077
    Please see discussion title.

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  • Kirstie_HKirstie_H Posts: 11,077

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  • ateixeiraateixeira Posts: 72,587
    Kudos to Edmunds for giving affordable cars some attention. College kids rejoice!

     

    -juice
  • lathamlatham Posts: 33
    My wife's car was stolen last week, and I'm beginning to think about replacing it. I'm 25, live in Berkeley, and have driven an 89 Corolla wagon passed on to me when I got my license, and it's still going strong at 147k miles. I'll probably drive it until it dies. My wife was driving a 92 Accord (198k miles) passed on to her from her mother until it was stolen.

     

    Neither of us has purchased a car before.

    I've been reading through information and forums here, and I'm still unsure about what to narrow my focus on. I'm hoping to get some advice.

     

    I'm looking for a car with good long term value. For now the car would be used primarily for my wife commuting, and probably for occasional road trips for the two of us. Safety, reliability, mileage, and cost are important to me. Style, capacity, luxury, resale value, and brand name are not in themselves important to me. I'm not too worried about depreciation, since we're generally willing to keep driving our cars until it's no longer practical to do so. My wife only drives automatics right now, so I'd prefer to get one of those, though I'm trying to teach her manual (since my car is a stick and is currently our only vehicle). If a manual is a significantly better value, we might be willing to go for it.

     

    I'm willing to purchase a new or used car. We have money saved, so we could reasonably use cash to purchase a new car and drive it 10-15+ years. I'd really appreciate some advice, both general and specific.

     

    1) Would you recommend getting a used or new car?

    2) Are there specific models and years that you would recommend? (Even links would be cool)

     

    Thanks,

    latham
  • Kirstie_HKirstie_H Posts: 11,077
    Welcome to the Forums, latham! Everybody here will be happy to help you with your decision. For starters, though, I think personal experience is a great factor to rely on, and you've been fortunate enough to have positive experiences with the two vehicles you inherited.

     

    So the obvious question would be, have you considered purchasing another Accord, or looking at the Camry? Neither of these cars are going to blow your hair back style-wise, but they meet your primary criteria.

     

    Do you have a budget in mind?

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  • lathamlatham Posts: 33
    Right now I don't have a specific budget in mind. I'd be willing to spend $2,000 on an older used car if I thought it would provide a good value for awhile. I'd be willing to spend $20,000 if it was truly the best deal for a vehicle for many years to come. My guess is that I'll more likely end up getting a $4k-8k used car, or $10k-14k new car.

     

    As far as the Camry and Accord go, I'm not sure what benefits they offer over the Corolla and Civic that justify an increased $5k, or for that matter over an Echo, Elantra or Accent.
  • Kirstie_HKirstie_H Posts: 11,077
    Hey, if you're willing to go with a smaller vehicle, then there's nothing wrong with the Corolla or Civic (or an Echo).

     

    Many members will steer you away from the Elantra & Accent because of reliability and quality issues.

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  • danf1danf1 Posts: 935
    I know that this will get some interesting discussion rolling, but I'd reccomend an Elantra for you. If you drive the Echo, Elantra, and accent you will know why.

     

    Many people who post here are not believers in any Hyundai product, but they do give you great value. With the standard warranty, the covereage is the best available and if you plan on keeping the car forever, you can purchase a 10yr 100,000 bumper to bumper warranty as well.

     

    Dollar for dollar, you can't beat these cars.

     

    Alright everybody fire away.
  • kyfdxkyfdx Everywhere, USAPosts: 126,124
    Or.. buy a 2-year old Elantra, and save 60%?

     

    I can't see buying one new...

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