Buying new?

[Anonymous No.49715675]

Is buy a new Toyota Corolla and good financial decision? You guys have any Financial advice when it comes to cars?

[Anonymous No.49715708]

do not buy new
do not buy used
do not buy right now

[Anonymous No.49715725]

>>49715675
Buying new is fine if you finance at an extremely low rate (less than 1% is fine). The depreciation you suffer in that case is offset by the capital opportunity cost.

Otherwise it's better to buy something that is used but still within warranty.

[Anonymous No.49715739]

>>49715708
I mean does the market actually show signs of ever getting better? Or has inflation changed the entire market for good?

[Anonymous No.49715757]

>>49715739
nevermind, go get dealer financing at 9% and drive off with that brand new car smell

[Anonymous No.49715803]

buy now because it will get more and more expensive for years to come. a recession doesnt go away in months anon...

[Anonymous No.49715830]

>>49715675
If you can’t get a decent reliable used car under $10k, then yes any Toyota is a good choice. I’ve always owned corollas, they’re very reliable if you take care of them. That thing will last you 20-30 years, just be sure to follow the maintenance manual. Oil change every 10k miles, CVT fluid/coolant every 80k miles or 10 years. Learn how to do some simple shit yourself like replacing the battery or air filters. Dealerships will rip you off for those relatively simple jobs.

[Anonymous No.49715837]

Depends on your net worth. I just bought a brand new Corolla but it hardly made a dent in my NW

[Anonymous No.49715838]

Buy a Prius.

>spacious inside while still being a compact sedan
>55 mpg
>reliable as all hell still
>affordable
>they still have zip and acceleration

[Anonymous No.49715857]

Buy used ~30,000 km / ~18,000 miles

Price dips like 20-30% and from there on to 100k km it only dips like 10% more.

[Anonymous No.49715897]

>>49715837
150k so not trying to spend more than 15k if I don't need to.

[Anonymous No.49715916]

>>49715675

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[Anonymous No.49715934]

>>49715897
>150k
yeah you're fine. If you're a merican expect to spend minimum 19k on one of these things.

[Anonymous No.49715975]

>>49715675
>>49715675
I bought a new camry in 2018 it's been flawless great car. Beats the fuck out of driving my V8 4x4 Truck

[Anonymous No.49715999]

>>49715838
This is also a good choice, but only financially worth it if you do a lot of driving. Prii regularly make it to 250-300k miles, but after about 15 years you might need to replace its hybrid battery. So if you drive more than 10k miles a year it’s probably worth it.

[Anonymous No.49716010]

>>49715838
Need to check how cheap I can get one. Would be down

[Anonymous No.49716063]

>>49715675
Get a Mazda3 instead. Also wait for the market to crash and you can get a cheapie. No need to buy new.

[Anonymous No.49716140]

>>49715675
What's the /o/ value approved car? I do not give two shits about optics, but reliability and repairability and functionality.

[Anonymous No.49716154]

Hatchback > Sedan

[Anonymous No.49716253]

>>49716140
mazda3

[Anonymous No.49716285]

>>49716253
why and which year/model? What about hybrids now that gas is expensive as shit

[Anonymous No.49716300]

>>49716063
How's Mazda3's reliability?

[Anonymous No.49716327]

>>49716140
Corolla or prius 100%. If you do a lot of driving I’d lean towards prius, especially with the price of gas

[Anonymous No.49716329]

>>49715725
There are no used cars on the market.

[Anonymous No.49716374]

I have a Toyota Yaris. Nobody asked but I wanted to put it out there

[Anonymous No.49716416]

>>49716374
I was literally about to ask you, thanks.

[Anonymous No.49716445]

>>49716374
wow me too. it's ticking a lot, probably VVT, just gotta crack it open and see

[Anonymous No.49716545]

You're in the wrong year to buy, but the corolla is nice. It's what I drive and outside of oil changes (which I do myself) I've never had to take it to a mechanic in the past 5 years.

[Anonymous No.49716570]

I'm so happy I bought my Tesla a year ago. The same model and configuration is $8000 more expensive now. Fuck this market.
>>49715675
Yeah go for it if you can get your car close to MSRP. I highly doubt that's possible though. You're fucked if you try to buy used anyway.

[Anonymous No.49716591]

>>49715725
How do you get a rate that low? My credit score is 782(never had any payments besides phone and credit card). I'm a veteran if that can help

[Anonymous No.49716661]

>>49716329
I heard something recently here (Ireland) about how some used cars were being sold for more than new cars. I'm not sure why but the car market has gone crazy.

Having said that the conventional wisdom is that buying a new car is for chumps who think they'll impress people by having bought in the current year or never by used items because cooties.

[Anonymous No.49716695]

>>49716329
I heard something recently here (Ireland) about how some used cars were being sold for more than new cars. I'm not sure why but the car market has gone crazy.

Having said that the conventional wisdom is that buying a new car is for chumps who think they'll impress people by having bought in the current year or never buy used items because cooties.

[Anonymous No.49716956]

>>49715725
>Buying new is fine if you finance at an extremely low rate (less than 1% is fine).

Don't listen this this retard. You will not find those deals anymore. Chip shortage, car makers selling every car they make, increase cost for automakers and increasing rates. Those 1% deals were possible during the pandemic when everyone was caged or 4 years ago, not today.

If you are buying Toyota but new, these people will have a 200k Corolla from 15 years ago and will try to sell it for 15k when you can get one new for 21.

[Anonymous No.49717001]

>>49716695
>not buying new, chuck it into your business expenses then deduct the depreciation over the years

NEVER gonna make it.

[Anonymous No.49717103]

>>49716956
I bought a 2005 Corolla with 120k last year for $4k

[Anonymous No.49717120]

>>49716300
bump

[Anonymous No.49717169]

Buy a used Japanese car from a white person private seller on Craigslist. You can't go wrong unless you buy a Nissan with a CVT.

I make six figures and drive a Toyota Matrix, I can fit my surfboard or sleep comfortably inside of it.

[Anonymous No.49717171]

>>49715830
you cant get a decent reliable used car under 10k anymore

[Anonymous No.49717256]

>>49717171
Yes you can, just not from a dealer.
>>49717120
>>49716300
Mazda 3's are good reliable cars. Sportier than a Corolla and hatchbacks are more practical. If the populace of this country weren't braindead NPCs, everyone would drive hatchbacks instead of crossovers.

[Anonymous No.49717273]

Are Mazdas as reliable as Toyota/Honda?

[Anonymous No.49717278]

>>49715675
I want the GR corolla

[Anonymous No.49717299]

What is the /biz/ consensus on Audi cars?

[Anonymous No.49717363]

>>49717256
MUH SAFETY
MUH RIDE HEIGHT
MUH KNEES

[Anonymous No.49717595]

don't buy used, buy new, there's a fucking shortage for parts.

look for a shitty micra, toyota yaris, jazz or mazda 2

[Anonymous No.49717625]

>>49717363
I fucking hate suv and crossover owners like you wouldnt believe
fucking braindead retards that cant drive
every single one of them

[Anonymous No.49717698]

I drive a Golf R, it's based

[Anonymous No.49717792]

>>49716300
Very reliable, they are pretty much the new Honda Civic, Civics are on the way out and quality has deteriorated over the last few years.

[Anonymous No.49717833]

>>49717299
based cars for aryan gentlemen. but cloth seats are cringe and for subhumans.
this is mine

[Anonymous No.49717885]

>>49716300
>>49717273
are these the prices you're going to see for used Mazda 3s?

[Anonymous No.49718001]

>>49717273
They're decent. I'd say Honda tier. That is some insane price though. I would have guess 12-13k.

[Anonymous No.49718044]

>>49715675
If you can afford to buy one in cash but then use a loan at under 4% for the vast majority of the cost and drag it out as long as possible like 6-7 years then it's probably not a big deal
If you couldn't even afford it in cash then just keep driving your current shitbox until used prices are less ridiculous, poorfags can't afford new cars

[Anonymous No.49718084]

>>49715739
When the recession hits in August they won’t be able to give new cars away

[Anonymous No.49718154]

>>49715975
>Beats the fuck out of driving my V8 4x4 Truck
Well let’s not get ahead of ourselves here have you had your t levels checked lately?

[Anonymous No.49718234]

>>49716140
/o/ is all bus-riders and boy racers who buy whatever meme configuration packed the most HP’s into a light frame and will explode after 35k miles.
Zero consideration is given there to reliability, value, or practical considerations.

[Anonymous No.49718242]

>>49715675
If you are looking for a vehicle for pure utility, I'd suggest Hyundai OP. They are the new Honda (best bang for your buck vehicles, since Honda has upped their prices). See if you can find a dealership with new 2022 Elantras just as the 2023 Elantras begin rolling out and you can probably get a discount.

I bought a 2020 Kona just as the 2021's were rolling out and got it for 20k OTD (second level, AWD). Going to the website and pricing the current year Kona with that configuration is just under $26k MSRP (the chip shortage and inflation is nuts). I remember when I was at the dealership there were other people buying Elantras at about the $15k OTD price range.

[Anonymous No.49718257]

>>49717885

[Anonymous No.49718258]

>>49718154
>I'm so insecure I MUST compensate with pointlessly huge truck

[Anonymous No.49718375]

>>49718257
>>49717273
>>49716300
This is more putrid than the real estate inflation. OP just buy a bicycle. I think the Elantra is going to get your dollar stretched the furthest.

[Anonymous No.49718403]

>>49718154
he is a chink. chinks don't have T levels, they measure it in E
imagine liking bug-made cars

[Anonymous No.49718421]

>>49716956
>people will have a 200k Corolla from 15 years ago and will try to sell it for 15k when you can get one new for 21
Cause the parents of GenZ think of a 200k corolla as THE starter car for their zoom zoom new drivers. Can’t buy american or they won’t trust it not to stall on the freeway and leave Bryler or Kaiytlyn stranded. Can’t buy new cause the kid is gonna trash the car and then they’ll feel upset about it. Can’t buy anything bigger cause gas mileage. Can’t buy anything sportier cause the kid will wrap it around a telephone pole.
So it HAS to be a Corolla/Civic and it HAS to be 10 years old with 200k miles.

[Anonymous No.49718444]

>>49715999
The correct latin plural would be priora, or you can just say priuses

[Anonymous No.49718480]

>>49717103
That’s nearly a 20 year old car, hope you like replacing literally every minor component from now until eternity. It adds up.

[Anonymous No.49718519]

>>49717299
Lease, don’t buy.

[Anonymous No.49718561]

>>49718154
>>49718403
>balding manlet with a gut uses cargo-cult logic to claim his truck boosts his T levels, despite never having used the bed for anything but bags of groceries and cases of light beer

[Anonymous No.49718596]

>>49718258
>big car scawy mommy it’s too loud mommy

[Anonymous No.49718646]

>>49718444
https://pressroom.toyota.com/toyota-announces-the-plural-of-prius/

[Anonymous No.49718658]

>>49718519
Lease all cars then buy them at end of lease if the value is higher than the residual. This is the 140+ IQ move, took me years of pain to realize this. Fuck boomers and their shitty advice.

[Anonymous No.49718660]

>>49718154
Do you ACTUALLY use your flatbed, anon? Don't let marketers dictate your masculinity and sell it back to you in the form of a truck.

[Anonymous No.49718675]

>>49718596
>loud car make penis bigger, maybe wife stop cucking me with man with tesla

[Anonymous No.49718698]

>>49718658
Lol did you ever manage to do this in practice?

[Anonymous No.49718719]

>>49718646
>https://pressroom.toyota.com/toyota-announces-the-plural-of-prius/
toyota should fucking kill themselves fucking pseuds who think the plural of anything ending in -us is -i learn latin you jap faggots

[Anonymous No.49718723]

>>49716956
My brother lives in Seattle and bought a brand new Kia this year with 0% interest.

[Anonymous No.49718745]

>>49718675
I own a tesla retardo

[Anonymous No.49718790]

>>49718480
Oh come now, it's really not that serious. That Corolla, as long as he changes the fluids and does the services, most likely won't need anything serious for like another 100k miles.
Interior trim will break and stuff like that, because ninth gen corolla interiors are kinda chintzy, but it'll run forever.

[Anonymous No.49718843]

>>49718745
>"I own a tesla retardo"

[Anonymous No.49718861]

>>49716300
Arent mazda transmissions shit? In my country no one wants auto mazdas, stick has a premium.

[Anonymous No.49719046]

am I fucking stealth banned?
I tried to post 4 times from 2 different browsers and posts just dont go trough with no upload failed or banned or caprcha failed errors

[Anonymous No.49719074]

>>49719046
apperas not
wtf is going on

[Anonymous No.49719101]

>>49718745
>I own a tesla retardo!!!

[Anonymous No.49719174]

>>49715675
You buy small cars new/mostly new unless they're one of the few that won't die due to lack of lifespan

Everything else buying new is stupid

[Anonymous No.49719224]

>>49717278
>Photographer has to put the camera on the ground so the car doesn't look small
>Call still looks fucking micro

Lmaoooo

[Anonymous No.49719231]

>>49718698
Yeah.

[Anonymous No.49719258]

>>49718480
Corollas won't fucking die
Toyota knows how to build cars still unlike every other automaker

[Anonymous No.49719272]

>>49715675
Just buy a second-hand toyota hybrid. They can do insane high mileage.
t: Prius owner

[Anonymous No.49719340]

>>49719272
would love to but prius prices are wild right now. Everyone wants one

[Anonymous No.49719370]

>>49718480
>>49718790
Exactly, I put probably under $500 into it so far for a new battery, rear brakes, spark plugs, and coolant change. It’s all up to date with maintenance now and apart from oil changes and air filters, it won’t need any major work for a few more years. Will probably need front brakes and new tires within 4 years, but it’s absolutely worth it having a cheap car. It’s definitely reliable.

[Anonymous No.49719397]

>>49719340
True. I bought mine for 5k (very lucky deal) and recently looked it up and the same version goes for at least 9k now..

[Anonymous No.49719418]

>>49715708
Never buy a new car in general, see if you can get a new car.

[Anonymous No.49719575]

>>49715708

THIS.

If you must, buy the cheapest bullsht with four wheels. In uncertain economic times though id spend more and try for a used truck- "if you got a truck, you got work". EVERYONE needs the proverbial guy with a truck.

Never buy new cars though, i dont care if youre DJ Khaled shopping supercar #12- terrible financial decision at all times.

[Anonymous No.49719584]

>>49718421
My corrola is trashed and I love it, sometimes I kick the doors to put dents in it.

[Anonymous No.49719703]

>>49715675
i cash buy 10-20 year old muscle cars, and fix them up. when i get bored, sell said car for a decent profit, then start again with something different.

[Anonymous No.49719822]

>>49718790
Yeah it just depends if you like driving a car with broken window motors, upholstery peeling, paint disintegrating, and every interior plastic component breaking off

[Anonymous No.49720022]

>>49719703
sounds fun af. How did you learn the knowledge to do that though?

[Anonymous No.49720076]

>>49719822
The interior on my car is fine, yes it does have some dents and chipped paint on the outside but that just gives it personality.

[Anonymous No.49720211]

>>49719397
I'd be happy for 9k hons0dhpestly

[Anonymous No.49720240]

>>49720211
honestly*

[Anonymous No.49721079]

>>49719575
In practice this just means people will expect you to set a Saturday aside to help them move furniture to a new house/apartment in exchange for pizza and beer.