Quote:
Originally Posted by War_Wagon
Not going to get into which I think is better (I am Honda biased), but keep in mind the fact that 1. wholesale prices on late model used cars are up in the US, so what you could buy with that budget 6 months ago is not what you could buy today, and 2. due to the events in Japan, you will see a lack of supply of new Japanese imports, raising the price on used ones yet again. I guess I am trying to say that either buy something real quick or fix the most pressing issues on yours and drive it until the used market calms down. Just my 2 cents.
|
I've seen evidence of this as well.
If I was already thinking of dropping 12-13k given the current situation I might start thinking about buying new. The new elantra for example, would look awfully tempting to me in your situation. Korean cars (Hyundai, Kia) have been going up like crazy in terms of reliability over the past 10 years, but don't yet carry the price premium of a Honda or Toyota. The new elantra gets good reviews, 40mpg hwy, and starts at 15k.