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New Car

HHassist's picture
HHassist

We are in the process of buying a new car. We test drove a 2004 Toyota Corolla, and Toyota Matrix tonite. Wednesday we're looking at a Grand Am and something else... any suggestions? Looking under $20,000 and something that has a good reputation (Honda, Toyota, Pontiac, etc)

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Anonymous's picture
Anonymous

...I wouldn't buy another (sorry Smoodgie). They are good cars but they do not hold their value. I have a 2001 Protege - the top model for that year, and bought it for approx. $20k.

A couple of months ago for fun I went to test drive a new car and got an estimate on my trade in value....$8,000!!!

I almost fell off my chair!

I'd always had Hondas before, and they retained their value much more significantly.

Anonymous's picture
Anonymous

I love the new Mazda3 5-door. I believe it's gotten good reviews and won an award for Car of the Year in Canada. The Mazda6 is nice too, but it's more expensive.

I've driven a Mazda for the last 14 years -- 7 with my little 323, and then 7 with my MX6. We retired it last week after almost 12 total years of service (and a fair bit of abuse!!) -- *sniff, sniff*. Although I suppose it'll live on in my hubby's MX6 -- he took all the good parts off mine and put them on his MX6!!

Anonymous's picture
Anonymous

Yes, and Car and Driver magazine, and the Lemon Guide and ... oh it's endless.... I'd love to own a lexus convertible... but monthly payment is $1500 a month... that's two mortgage payments! LOL

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