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denim · 07-29-2003, 07:26 AM

My car is on its last legs, so I'm looking at new cars. I specifically want a Honda Civic Hybrid, but they're currently in their first model year.

I got a quote for around US$18200 after a $1000 discount and a $1500 trade in, with a LoJack. I'm told this is a good price. However...

That'd be the biggest purchase I've ever made, bar none. I have no real estate. And I'm not sure it makes sense. I should be able to put down around $10K on the car by the time I'm ready, but I don't know if I should bother.

Maybe I should get a newer used car, say 2 or 3 years old, of another model. What's the main benefit of buying new versus used?

Should I wait for the 2004 model year and buy a discounted 2003? Should I wait for the new model year and buy a 2004 since it'll be the second model year? What do y'all figure?

07-29-2003, 07:26 AM	#1 (permalink)
denim Banned Location: Massachusetts, USA	New or Used My car is on its last legs, so I'm looking at new cars. I specifically want a Honda Civic Hybrid, but they're currently in their first model year. I got a quote for around US$18200 after a $1000 discount and a $1500 trade in, with a LoJack. I'm told this is a good price. However... That'd be the biggest purchase I've ever made, bar none. I have no real estate. And I'm not sure it makes sense. I should be able to put down around $10K on the car by the time I'm ready, but I don't know if I should bother. Maybe I should get a newer used car, say 2 or 3 years old, of another model. What's the main benefit of buying new versus used? Should I wait for the 2004 model year and buy a discounted 2003? Should I wait for the new model year and buy a 2004 since it'll be the second model year? What do y'all figure?