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Old 11-08-2013, 09:55 AM   #20 (permalink)
UltArc
Hydrogen > EV
 
Join Date: Apr 2012
Location: NW Ohio, United States
Posts: 2,025

Silver Flea - '05 Honda Insight
90 day: 58.96 mpg (US)
Thanks: 994
Thanked 402 Times in 285 Posts
War Wagon made some good points- and often a Honda or Toyota is more desirable than a similar car by a NA company, GM, Ford.

But keep in mind, cars get to a point where they just can't lose any more value. There is a terminal point that the price gets to, and you won't see any less. If it can roll down a hill, the engine turns over, and all the major hinges open, it's generally worth ~$500.

So yes, a $2500 Civic may be worth more two years later than a $1000 Saturn, but what is the percent of loss? Repair costs are not as important with these cars, they are generally cheap to repair- we're not comparing a Maserati/Ferrari to a Civic.

If you don't want to invest so much, you can get something cheaper and just maintain it. I remember a Top Gear episode where they came to the US, bought used cars, drove across the country, then sold them back. If you find a car for $500, and you don't ruin it, then theres no reason to NOT see at least $500 back.
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Best Tanks:
Mustang - 54.83 mpg (US) at the Green Grand Prix
Insight - 82.91966 mpg (US) over 818.5 miles.
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