Posted by: BannedUser September 3, 2011
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Nalapani, it appears that you're a 'victim' that fell for the lucrative trap and you're consoling yourself by advising Sami against buying a used Honda.
Fyi, a car isn't a long-term asset. Any mechanical/machine/electrical item loses its value at the rate of none as soon as its sold. I wonder what model you're talking about when you said that a Brand new car only costs 1-2 grand more. A brand new car comes with a hefty sum (monthly payment) to go with a higher auto insurance premium. I'd NEVER buy a brand new car. But at the same time, I wouldn't go for old, beat-up vehicles either. 2007-2009 are the best fits - Durable, significantly affordable, efficient and sleep,too!
Fyi, a car isn't a long-term asset. Any mechanical/machine/electrical item loses its value at the rate of none as soon as its sold. I wonder what model you're talking about when you said that a Brand new car only costs 1-2 grand more. A brand new car comes with a hefty sum (monthly payment) to go with a higher auto insurance premium. I'd NEVER buy a brand new car. But at the same time, I wouldn't go for old, beat-up vehicles either. 2007-2009 are the best fits - Durable, significantly affordable, efficient and sleep,too!