Should I get a new car or newer used car?
I'm in college right now and work full time. I nearly commute 70 Miles daily when I go to work and school but 40 when I only work. I'm currently driving a car my dad gave me for my birthday but I don't like depending on him giving me stuff, eventually I would have to give the car back. I don't want a beater car because lordy I saw my sister and brother go through that and they invested too much money in their cars. So I'm wondering should I get a new car like a 2016\17\18 Honda Civic, 2018 Honda Accord, or something newer but used like a 2014 Mazda 3, 2015 Nissan Maxima. Note I'm not into small compact cars nor coupes. I don't like American cars nor Toyota. I droved a corolla before that was bad.
Used Honda Accord Sport
If you are buying a car, you should be looking on AutoTrader. I bought my van from there. It is the best website to shop for cars.
https://www.autotrader.com/cars-for-sale/?Log=0
I would rather get a used more reliable car than a new car because it! S just cheaper in the long run. A new car has something like several hundred on the excise tax but a used car is significantly less. Insurance on a new car is a lot more than an old car. With all the new standards and whatnot, it costs more to fix if something goes wrong.
Since you drive that many miles, a new car isn't going to get you that much back when you sell it. A used car isn't worth much to begin with so you don't feel that bad.
Most cars within the past 5 years can go 100,000 miles without any major problems as long as you take car of it.
I would suggest getting a used car with under 30,000 miles on it. It will save you thousands just because of the exponential deprecation you see with a new vehicle when you drive it off the lot. I just started college and I got a 2015 Volkswagen and I like it but VWs typically come with higher matience costs. I know hondas are really good cars as far as mateince and long term goes but they are more expensive up front. Personally I don't like Mazda, Hyundais, toyotas, or American brands.
No car is an investment. Newer cars depreciate a lot while older cars don't but require higher maintenance/repairs.
Qualifying for a loan may be an impediment for you.
Toyota is one of, if not the most popular car in the world. I wouldn't dismiss them based one on car or model.
You must shop all sources to find a car that will serve you and gets good mileage… Your best price is going to be a Subaru or KIA… Something like that == Keep at the school and work and read newspapers and look at craigslist == just do not buy a car without personal inspection and a test drive… Maybe you can get your DAD to help look at the car you find… If you check there may some cars that are reasonable and new and no interest that have low monthly payments… A fancy car is for after you get out of college and have better income…
Used
Used car since your in college. Plus you could never tell how our economy is going to be like with all the corporate greed that is going around
You got a car for your birthday, why would you have to give it back. How about just keeping it?
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