Quote:
Originally Posted by roosterk0031
Agree, what makes it more complicated is the 30,000+ miles/year of depreciation, and desire for 2013+ and under 75,000 miles. A used Mirage 5 sp could be the best choice sheer economics, since it's going to be cheap so less money to lose. Hopefully get 6 years 200,000 trouble free miles.
That's probably the way I'd go if I had to replace my Cobalt, I don't worry about crash protection for myself. I do look at it for the choices I make for my wife & kids, but not going to excessively oversize just for it.
Since driving the Impala some the last few weeks, the ride quality noise level etc... is so much better than the Cobalt, the $1.50 a day might be worth it. It did cost 2x+ as much though so I guess it should.
If I dropped comp/collision every one of my cars except the Cobalt LS would be under $300 a year, it is $324.
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Thanks! I'm actually not near as resolved on what car to buy as I thought it was. On a Prius Forum I'm being told to avoid the Gen 3 and newer Prius if I want a long lasting car. There's a 300,000 mile club for the Gen 2 and some have gotten to 600,000 miles and still running. I'm also being told the Gen 2 is easier to work on. So I may get one with low miles for cheaper than a Gen 3 but probably have to change the battery some time soon. That may actually be a pretty good deal since an OEM factory battery only costs $2,000, a figure I can save in initial price of the car.
Yes, trying to get lots of miles will hurt depreciation like a hole in a bucket. That's where longevity is key. I got 7 years out of my Golf and could just keep driving it. But I want something safer with A/C. And the Prius looks like it might pan out. I still have research to do and compare it to some other cars first. Basically any car I get will be money I won't every get back. If it costs a little more but lasts a lot more, that would actually be a good thing.