Quote:
I'm just not finding anything under 13k for the 4 cylinder models on several websites now. And the 13k ones that I do find have +60k miles on them.
I think people are snapping up the 4 cylinder Honda/Toyota cars just as soon as they become available; and because the demand is so high, the price for a certified pre-owened is all too close to that $15k for a brand new "0" mile auto!
|
Exactly. I am not saying that used cars arn't a bad deal. I just think that the price for a NEW toyota or honda subcompact is too low to make it worth buying used. I need a car that is going to be very reliable for at the very least 7 years. I don't need anything flashy and all I care about is getting a lot of bang for my buck. Right now used honda's are at a premium. It just doesn't make any sense for me to give up 40% of a car's life for a 20% discount of what I would pay for a new honda or toyota. Basically, since I want to keep the car for a long time and the car doesn't have a high depreciation value and is cheep, I think I should buy new. But by all means if anyone can spot a deal let me know.
Edit: the other thing I have been thinking about too is that if I were to buy used the majority of repairs would come on my ownership time.