How much are you willing to spend on a new car?
By kgwat70
@kgwat70 (13387)
United States
November 11, 2006 9:04pm CST
What is the most amount of money that you would spend on a car? Do you need the most expensive or fastest car out there or will an average or less than average vehicle be sufficient?
16 responses
@johnnyz_xr6t (753)
• Australia
12 Nov 06
on my first car i pade 8 GRAND spent under 4. do u like it? but ill spend as much as i need 2 buy a new car that is fast sexc and has a lot of grunt
1 person likes this
@euniceeleanor (5966)
• Singapore
12 Nov 06
i would say at about USD23,000 for a Honda City. all these while, i've been driving malaysia's national car which is at about USD10,000. but i chose honda city because i felt that it's so so sexy (lol) yup, and it's the most fuel efficient imported car around!!
1 person likes this
@ruslop (71)
• United States
12 Nov 06
Normally I would not even consider a "new" car. I prefer them about 2-3 years old so that the major depreciation has already hit. Sad to think you buy a new car and a year later while you still have a huge payment the car is worth half what you paid. The only exception to this for me is I want a hybrid, and the only way I am probably going to get one is to buy it new. However, I am going to wait a few more years, right now as it is if the electrically portion goes down it costs almost as much to fix it as to buy it. Once they are out more and regular mechanics are trained to work on them, I will get one. Current price for some is about average with a new car starting at about 24K not bad considering the savings you get on gas and insurance.
1 person likes this
@bhchy1 (6047)
• United States
12 Nov 06
The most I ever spent on a car was about $15,000...that was for my 4-runner. My SO's car was starting get to wear on his work commute so we just bought a Sonata...$8,000..for a 2004..it's used not new...but it was a deal. I think cars are way over priced to begin with.!!
1 person likes this
@littlefranciscan (18327)
• United States
12 Nov 06
I have never had a "new" car..so if there is some one who wants to give me one..hey..I wont refuse..I buy used cars. and am quite content with them..I paid 5000 for my car;)+
@ChewySpree (1832)
• United States
12 Nov 06
I hope to never pay more than $25,000 and that was a special case where I really wanted something. I bought a MINI Cooper in 2003 and spent just under $25K for it. I would normally only buy a used car because they hold their value better, but this was an exception where I broke my own rule. It's okay though, it is paid for now, and the cost of driving it is very low and economical, so I'm glad I bought it.
1 person likes this
@Lydia1901 (16351)
• United States
12 Nov 06
I wouldn't pay for anything that's more than $20,000. I would go with a car that will last for at least 10 years.
@emeraldisle (13139)
• United States
7 Feb 07
If I was going to buy a new car it would have to be under $15,000. Now if you include an SUV under cars I'd go up to $25,000 but that is about it. I don't need the best or fastest. I just need something that is reliable, safe and can get me from point A to B and hopfully a few more places as well.