Hello all it has been about 7 years since I purchased a car my first was a 01 Hyundai elantra and it has treated me so well up to this point. over 100,000 miles added since my perchance with minimal repairs. However now the repairs are getting to the point where I am pretty much building it brand new. I would like to buy a new car but have been out of the market so long that I do not understand the industry very well anymore. The research on getting a new car has been mind boggling there seems to be no really great option out there anymore. Car dealerships seem less inclined to go down on prices and used car prices are staying the same which doesn't help as I am trying to avoid a car payment. A 1,000 dollar car is tempting if I can get 50,000 miles out of it but that is leaving it up to the car gods.
So my questions are when is the best time to buy a car now? Used to be end of the year but now that the industry has caught on to that I am not sure.
How much is to low to offer these days? Offering 10,000 on a 15,000 dollar car and such.
Should I just lease? Seems okay but you loss money overall
What are the least expensive cars to own considering maintenance, insurance, ext.?
What is the best way to own a car and at what point is it okay to get a new car? One poster said if maintenance exceeds cost of car but how is that calculated? Especially today for example a 3,000 on a new engine is way cheaper that 20,000 new car over 4 or 5 years.
Anyway thanks for anyone's help and yes I looked at the guidelines I am just not sure how up to date they are since as we watch the car industry the car industry also watches us.
Submitted April 19, 2019 at 10:46AM by CriticCriticaltheory http://bit.ly/2veddLI
