Guys, I'm looking for suggestions to buy my first car. And please provide your valuable thoughts ?
Can pay around 7k now. Remaining, I have to do credit transfer option so I can avoid finance interest costs.
1) New or Used car? New car value depreciate quickly so thinking on this.
2) Financially which is good option. Guess for around 12K, can get Toyota or Kia which are easy to maintain. Thanks
Which First Car to Buy: New or Used ?
ppp13 on 15/04/2018 - 20:26
Comments
Why?
I agree that Japan makes better international cars, but why avoid all Korean cars? Hyundai used cars are fine and if a problem arises, there are probably parts laying on the street (they're that cheap).
Older Korean vehicles are not known for lasting quality and reliability. Things may be changing recently but not for OP's budget.
12k used car will see him with something post 2012 if I'm not wrong?
Not very old…
Trouble is most Toyotas are no longer made in japan (Look at start operations column which inc finish date) but under license to other countries inc US so can you really say they are better?
It's just well known that Korean exports are trash compared to Korean domestics.
Whereas Japan there's not so much difference.
Defs new, get it on finance if you cant afford it.
Agreed, and get a Lexus instead of Toyota
Make it a Mercedes
A200 ///AMG
A Maybach.
USED!!!! First car and you don’t have a lot of money - a used, well maintained car will treat you well and doesn’t need to cost a lot.
Nah.
Get a car with a bad turning circle, horrible suspension, dim headlights, manual, no AC, no power steering, power windows, power mirrors, central locking, remote entry, and a cassette player.
That way, once you master it… all other cars will be easy-peasy to drive.
And you will appreciate all the creature comforts of the new models, which every Westpac banker takes for granted.(just remember to get a dashcam and insurance)
Buy insurance
Where's the poll?
I'd go with NEW…. safer and as a first car the odds of you having a crash are much higher so the more safety features the better. Unless of course you can find a USED car with as many or more safety features. I'd look for airbags and traction control at a minimum.
In that case everyone should stop driving until safer cars come out.
Buying a new car isn't going to be much safer than a used one. Unless we're talking 2005-earlier.
I thought I was a good driver when I got my first car, ended up putting scratches down both sides of it. Buy a used car.
Buy a $4k car, use the rest of your $7k for insurance and its 1st service. Don't borrow a cent.
All this rubbish about buying brand new for your first car. If its your 1st car you can expect the odd fender bender, car park scrape, or gutter rash. Do you really want that in a brand new car?
My first car cost me $300.Ha! Mine cost me $200, and it ran (and still is) for about 3 or 4 years with no work done.
I got lucky. It's below 100k kms for sure.
Ha! My odometer only went to 99,999 so I got no idea how many laps it had done when I bought it!!!
I drove an ex-taxi that clocked 920,000 Km's on the dash.
Another 70,000-ish kilometres and I would've had a brand new car ; )
Used car always the way to gofor 1st card.
You are unfamiliar with tracffic condition and ypu also need to get used on the car.
Minor stratch is expeted and you wont be too fuss if it is a sevond hand car
Definitely buy used. Also don't underestimate safety, especially for your first car.
If it's your first car it won't look new for long! Best bet is to spend 2k on the car and 5k on a fully sic sound system.
brand new,
get the most expensive model,
finance the whole thing,
7 years finance,
If it's a first car just buy something reliable under $2000. Save the dough for your second car.
Used - don't be in a hurry to buy.
You will find a late model that is suitable if you have patience.Get a new car for your second car.
Then 3rd onwards go used again :)
2-3 years old with low kms.@OP
You don't indicate if you've ever driven cars before I'm seeing everyone thinking your first car means inexperienced driver which it may be or notEnlighten us?
Is the car going to be used for work related travel IE carry tools as you are an apprentice etc.
I know a friends kid was an apprentice needed a car to carry tools as they weren't allowed to drive company cars till 4th year
If its a work car to some extent buy new claim what the accountant will let you if not buy 5 yr old used as many have said
Definitely used, it's super easy to worry too much on a new especially financed vehicle if there's a small scratch and nick. stares at seagull
Used car - Try to buy one that’s less than 4 years old and under 100,000kms.
If you don’t like used things or want more finance options, get a new car.I would buy used as a first car, especially with your small budget. For me, I wouldn’t want to pay interest on something that decreases in value the second it leaves the dealerships. I bought mine from a private seller on Car Sales. If you’re not in a hurry, a good deal will definitely pop up somewhere.
I reckon buy a used car first then save up for something nicer in the future.Definitely buy used, you don't want to be in debt. We did this a few years ago for both of my daughters (7K cash saved each), and after lots and lots of research and both ended up with a Hyundia Getz 2010. For the price they had the most power (some small cars are only 3 cyliders so no good for freeways), reliability etc. They've had minimal problems and are cheap to fix.
This model car is probably too old for you now, but do your research and you will find what is right for you.
Toyotas are good if you can get one.
Go to carsales.com.au and on the front page, set your price range to 5000-7500, and set your location.
Now, down the left side, set Dealer Used Cars. Then select Toyota Corolla. Then, add Toyota Yaris, Honda Civic, Suzuki Swift, MitsubishI Lancer, maybe Volkswagen Golf and Polo. That'll give you a good start.
You can set other options, like colour, body type, transmission type, and so on.
Then just browse for something that takes your fancy.
Aim for less than 10,000km per year old. You should be able to easily get 10% off the dealer list price. There's lots more to think about when you're getting ready to part with your cash.
- Only buy a car which you can afford in cash because the purchase price is only the start of the huge drain on your pocket.
- Keep in mind by far your biggest car expense is depreciation. You lose around 15-20% the second you dive it out of the yard and another 15-20% per year after that. So the less you spend on a car the less you lose in depreciation. Thats why it doesnt make sense to borrow to buy a car. You are losing even more that way.
- $7K gives you plenty of great choices in lovely used cars so no need to buy new. Im sure the Obs here will flood you with ideas. Personally I say - stay away from Euro used cars
- As a guide a)decide what type/style of car you want and identify makes and model that suit b) Go to major car sales sites and plug in the information. In the criteria limit selection to under 100,000km and year from 2006. Obviously other criteria as well. Look for the newest car with the lowest kms.
That’s great advices. Thanks all for your thoughts.
Whatever Toyota you can afford is generally a safe reliable option. Avoid used Korean cars.