Good Cheap Car

[MoPe]

Originally Posted by tommyboy81

Got it Mar or April 07. That's when the first of the 08 shippments came out. I got 10700 miles

Your trade-in value is right around $15,000. I would find a used car, about 2-3 years old. Like a 2004-2005.

[york weir]

Originally Posted by MoPe

According to Kelly Blue Book, your car has a trade-in value of $15,000.

I estimated there's about 10,000 miles, assuming you got it early in the year, and entered in the zip code for Savannah, GA.

You need to trade it in for a car that's worth $8,000-$10,000, IMO.

I don't know too much about this stuff, because I paid cash for my $8,000 car. So I didn't take a loan out or anything.

Kelley Blue Book is rarely accurate on trade in value.

tommyboy81

My guess is you're going to get screwed on trade-in and you'll be stuck with your Hyundai unless you're willing to walk funny after you leave the dealership. Trading in a car with a terrible resale value in terrible economic times is a recipe for disaster.

Your best bet is selling it used yourself and then getting what you want after that.

[tommyboy81]

Originally Posted by robinandtami

I love, love, love my 07 Scion tC. Good gas mileage, very zippy and fun to drive, in the top 10 for both reliability and resale value, 9 air bags, all for under 20k.

Forgot about the Scions

[camper]

You're going to add FIVE THOUSAND dollars to whatever you buy, just so you can save what...$300 per year in gas?

And if you bought your car for 28k, had it for a year, and its only worth 15k now, then you're going to be tacking closer to TEN THOUSAND dollars onto whatever you get. Depending on what figure Mope is using (dealer trade in, retail sale, or private party) you could be into the teens.

You should seriously rethink what you're planning to do. Decisions like this is a big part of the reason why people are losing their homes, can't pay their bills, and are facing all kinds of other financial disasters.

camper

[york weir]

Originally Posted by camper

You're going to add FIVE THOUSAND dollars to whatever you buy, just so you can save what...$300 per year in gas?

And if you bought your car for 28k, had it for a year, and its only worth 15k now, then you're going to be tacking closer to TEN THOUSAND dollars onto whatever you get. Depending on what figure Mope is using (dealer trade in, retail sale, or private party) you could be into the teens.

You should seriously rethink what you're planning to do. Decisions like this is a big part of the reason why people are losing their homes, can't pay their bills, and are facing all kinds of other financial disasters.

camper

qft

[MoPe]

Originally Posted by tommyboy81

Forgot about the Scions

According to my parents, yes, I'm only 21, says you would be responsible for that $450 a month payment. Of course this depends on how much you are still responsible on the loan.

If you trade your Tiburon in for a lesser amount of car, you would be getting a cheaper car, and still paying close to $450 a month for a lesser valued car.


I guess my advice is to get a second job.

[tommyboy81]

Originally Posted by MoPe

According to my parents, yes, I'm only 21, says you would be responsible for that $450 a month payment. Of course this depends on how much you are still responsible on the loan.

If you trade your Tiburon in for a lesser amount of car, you would be getting a cheaper car, and still paying close to $450 a month for a lesser valued car.


I guess my advice is to get a second job.

Theres a chance i'll lose that second job unless i do a late night shift. You see as a manager i'm on call.

I can try to get it refinanced

[Jim L]

Originally Posted by tommyboy81

I'm thinking about trading in my car and I'm trying to decide what car to get. Something cheap and good on gas. I've got an 08 Hyundai Tiburon. Hyundai's suck for trade in value. If i trade it in there's going to be atleast $5000 added to the other car. Hoping to pay less than the $450 a month I'm paying now.

I'm paying that because i got a 07 through the first time buyers program at $350 a month. When the new style of the 08s came out i went all out and got the one with the works which made it $450.

Right now I got the Honda Fit, Civic, and the Lancer on my mind.

Since you mention it, I'll recommend the Fit.

I bought the 2007 Sport Fit (manual trans) when they first came out.

It has been one of the best cars I've owned. It's an inexpensive but extremely well-made vehicle that does everything well and gets great gas mileage.

After 2.5 years of ownership . . .

• I've had no mechanical problems whatsoever
• I average 37-38 mpg and pure highway trips average 40-44 mpg
• No rattles. Fairly comfortable and quiet.
• Incredible amount of room for cargo or 4 people
• Excellent resale value - one of the highest of any car
• Numerous awards - rated the highest mpg vs cost of any car by Consumer Reports; 3 years in Car & Driver's top 10

There may not be many 2008's anywhere, but the 2009's are even better than my model. I'm thinking of trading in and getting that next year.

[MoPe]

Originally Posted by tommyboy81

Theres a chance i'll lose that second job unless i do a late night shift. You see as a manager i'm on call.

I can try to get it refinanced

Then I recommend you go the late shift if you want to save your credit.

[jamclaur]

Honda Civic or Honda Fit! FTW

[mikejet]

Originally Posted by Jim L

Since you mention it, I'll recommend the Fit.

I bought the 2007 Sport Fit (manual trans) when they first came out.

It has been one of the best cars I've owned. It's an inexpensive but extremely well-made vehicle that does everything well and gets great gas mileage.

After 2.5 years of ownership . . .

• I've had no mechanical problems whatsoever
• I average 37-38 mpg and pure highway trips average 40-44 mpg
• No rattles. Fairly comfortable and quiet.
• Incredible amount of room for cargo or 4 people
• Excellent resale value - one of the highest of any car
• Numerous awards - rated the highest mpg vs cost of any car by Consumer Reports; 3 years in Car & Driver's top 10

There may not be many 2008's anywhere, but the 2009's are even better than my model. I'm thinking of trading in and getting that next year.

You forgot to mention that all the seats fold down to form a BED. This can come in handy for dates!

[tommyboy81]

Originally Posted by mikejet

You forgot to mention that all the seats fold down to form a BED. This can come in handy for dates!

You mean Parking? Heard about those.

[Jim L]

Originally Posted by mikejet

You forgot to mention that all the seats fold down to form a BED. This can come in handy for dates!

A very convenient feature.

[mikejet]

My wife wants to get a Fit next eyar. Right now she doesn't have her own car. It's really the only car she's interested in.

If you do get one, get the rain guards and mudflaps. Those look awesome with them on.

[tommyboy81]

Ok forget cheap cars on this question.

Can you trade your car on a used car? Just had to ask.

[mikejet]

Originally Posted by tommyboy81

Ok forget cheap cars on this question.

Can you trade your car on a used car? Just had to ask.

I got a 09 Fit recently, I made a topic with pics of it. I love it. 16k for the base auto. Great car!

[tommyboy81]

Originally Posted by mikejet

I got a 09 Fit recently, I made a topic with pics of it. I love it. 16k for the base auto. Great car!

Whats the difference in the 08 and 09. And can i trade in on a used 08?

[Purplegrasshopper]

Why not a smart car? Can't beat it for $11,990 and 33 city/41 highway.

[tommyboy81]

Originally Posted by Purplegrasshopper

Why not a smart car? Can't beat it for $11,990 and 33 city/41 highway.

You mean like this one

http://images.google.com/imgres?imgu...US260%26sa%3DN

you can get a Nissan Versa for the same MPG but only pay $9,999

[PanasonicPlasmaMan]

Get a Civic. Looks nice, reliable, won car of the year, good price, keeps its value, good gas.