Hi guys,
Also posted this on r/AusFinance in case anybody goes there haha.
Currently drive a 2003 Camry with around 230,000 kms which has had no major mechanical issues (usually try to stay on top of preventative maintenance), some electronics issues like central locking not working, driver side window sometimes not closing. In terms of getting from A to B, the car does perfectly fine, and I don't anticipate any major mechanical issues with the car in the near future. It does not cost much to maintain. I usually drive fairly often around Sydney (not for work or study) and go out onto regional/rural roads every few months or so. I'm actually quite attached to this car (I've had it for a long time) and it would be sad to let it go.
It is also an older model with no ABS, side or knee airbags, or ESC. I hear that newer cars are tested much more rigorously, e.g. the small overlap test that even the newer cars struggle with, roof strength/rollover protection, structural integrity etc. It is for this reason I'm looking at a safer, more modern car.
I'm a uni student at graduate school working one day a week, and can pay for a car in cash (probably looking at a Subaru). Just wanted to ask if anyone in this sub has any opinions or thoughts on this matter.
To what sort of budget are you considering for the newer car?