Quote:
Originally Posted by Ravenlokk
You should wait IMO. I'm almost 27, and this was my first new car. Theres def better value in used cars, and tbh you're always better off waiting a year or 2 after a new model is released so they can work out the kinks (just take a look at the CEL issues, deck popping, etc). Not gonna say dont get it if you REALLY want it, but you'll get better value if you wait. Also 5 years at that interest rate is a lot of money to be giving away... I plan to pay my car off in 1-2 years at most, I hated the idea of financing, but i didn't want to be cash poor as i'm also saving for a wedding  |
There is some truth to this. I bought my very first, brand new car, when I was 23. I got something that I felt I could easily afford. It was a 2007 Pontiac G5 and I kept it for a little less than 2 years. In 2010, I saw a 2010 Cobalt SS turbocharged and thought to myself, I'm not married and I'm almost done with school, so I went and traded in the G5 for the SS. Took a good hit on the trade-in. So, you would think, a vehicle that has been out for 5 years, 3 years for the turbocharged model, that they would have gotten all the kinks out. Well, they did not. My car was definitely a Friday car. Over the course of ownership, I accumulated about 50 pages of service documents. A few were my fault (I hit a curb within the first day of owning the car
) but aside from that, until the day I got rid of it and got the BRZ, I would get random CEL and the turbo would not always boost correctly. Furthermore, it took me 2 months of arguing with the service department about the parking brake not working (the SS was a 5 speed manual, so an e-brake is kind of essential, wouldn't you say?). Keep in mind, when I bought this car, it was brand new with 2-3 miles on the odometer. I have never had so many issues out of one car. It was literally in the shop for almost 50% of the time. I even had the dealership make a monthly payment on the car because they had it for a month. And the turbo issue would come in go. It would be very apparent during the summer times (2 summers in a row, it was in the shop).
Sorry for the rant. Just wanted to point out that even cars that have been out for a while can still have just as many issues as a new vehicle that was just released.
Lastly, I don't know about some of you guys, but when it comes to a sports car, I'm a bit skeptical of buying a used sports car. To the OP, if you want a sports car, might I suggest you buy new. Else, if it's something else like a sedan or truck, do your research, and you should be fine buying something used and reliable.