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New car for an upwardly mobile young professional

post #1 of 161
Thread Starter 
I am looking to buy a car to last me the next 5-8 years. I am just beginning my career and I need a car that will last me until I can comfortably buy a newer/next-level car, if that makes sense. I will need to drive a lot and have a car I can rely on. I'm working and living in the North West, for what it's worth. My price range is ~$20,000 with an absolute limit of $25,000. Any suggestions?
post #2 of 161
I'm not up to date on US pricing, but if you seriously need this car then take that last $5,000 and put it into a rainy day account. If you need to rely on your car you do not want to be caught out with repair bills. A friend of mine made that mistake and it drove him into debt for years because he couldn't afford repairs, but he couldn't live without the car.
post #3 of 161
Thread Starter 
Quote:
Originally Posted by Blackhood View Post
I'm not up to date on US pricing, but if you seriously need this car then take that last $5,000 and put it into a rainy day account. If you need to rely on your car you do not want to be caught out with repair bills.

A friend of mine made that mistake and it drove him into debt for years because he couldn't afford repairs, but he couldn't live without the car.

Right, I was hoping to offset/minimize those inevitably needed repairs by buying a better car. Maybe, $5,000 is too marginal to make any significant difference--I'm not sure. But I am more concerned with the hassle and time repairs take away from work than their actual cost (within reason, of course).
post #4 of 161
You'll be buying new, I assume, so luckily you will have a year/mileage warranty to aid in maintenace and repairs that may come up. I would recommend (for you) a toyota or new hyundai.
post #5 of 161
Don't buy new, $20K isn't going to buy you anything you will want to drive for 5-8 years, unless you like the idea of driving a raggedy 2011 Elantra in the year 2019 that will be worth zilch. If you are truly to become an upwardly mobile professional as you say, then an econobox will not cut it; get a 2001 BMW 525i off ebay with low mileage for about $12K and drive it as long as you can stand it (that might be 3-5 years) and then sell it for something, maybe $5K, and re-up on a car like a 2008 528i, which will be $12K in 3-5 years.
post #6 of 161
I am sorry but what does information like you being "upwardly mobile" have anything to do with advice on a car? You want a reliable car? There's a shocker. Who doesn't? And it needs to last you 5-8 years? What car won't last that long? Do you care about styling? Does the car need to somehow fit in with your "upwardly mobile young professional" look? Honda Civic Honda Accord Toyota Camry Toyota Corolla
post #7 of 161
2011 Hyundai Elantra:


post #8 of 161
You're clearly not a car guy, or you wouldn't be asking this question here (nothing wrong with that). Thus I pronounce: current generation Accord Coupe. It's handsome, reliable, and all the car anyone could need. Get the four-banger with a manual.
post #9 of 161
The coupe doesn't make any sense for a long term, daily driver.

4 Door yes.

The 2011 redesigned Elantra would have my eye if I were buying new, with that budget, and looking for something to last 5+ years (100k mile warranty I believe).
post #10 of 161
Quote:
Originally Posted by bigbjorn View Post
You're clearly not a car guy, or you wouldn't be asking this question here (nothing wrong with that).

Thus I pronounce: current generation Accord Coupe.

It's handsome, reliable, and all the car anyone could need. Get the four-banger with a manual.

+1

And don't get it new. Get recertified cars.
post #11 of 161
Quote:
Originally Posted by Hany View Post
2011 Hyundai Elantra:
With all the interior plastic styling in this car, it'll look old in 2-3 years.
post #12 of 161
Go used.

But it depends on your personality. Do you like SUV's or Car's or Convertibles?

Personally I'd like to get a convertible, and I'd probably go with a Used 3 series Convertible or a Nissan 350Z Convertible or a Saab 9-3.

Mazda 3 seems like a nice car. Or a Toyota Camry is reliable, but kinda boring. I've thought about buying a Prius to save on gas.

Really depends on your personality and what image you want to project. Im a big fan of BMW, I could never afford a new one (at least right now). But parts and repairs cost quite a bit for BMW's. I don't like the "Im a prick" image BMW has, but I like how their cars handle.

I know you can pick up a nice used Porsche 911 for $20,000. I'd love to own one of those. They have really good reliability I hear as well.

I had a BMW with 200K miles and it ran great. I now drive a Nissan with 115K miles, and will probably use it till 200K miles.
post #13 of 161
What an hideous and odious combination of words: upwardly mobile young professional.
post #14 of 161
If you're going to be traveling upward a lot I recommend getting an automatic.
post #15 of 161
buy a 370Z and finance the difference
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