2.24.2008

... To Buy a New Car (Part II)

The quest for a new car is going rather slowly. I wish it wasn't going at all. I'd be happy to cruise around in the Space Turtle for a couple more years, but its increasing proclivity for causing problems means it's time to say goodbye before I've sunk a new car's worth of repairs into it.

Last weekend, I went to the local car dealer where I'm going to buy my new vehicle to see what he had for me. He was, of course, suggesting that a new vehicle is the way to go. (That's what car dealers do, isn't it?)

This has been one of my dilemmas—should I buy new or used (like the sweet '57 Chevrolet Station Wagon shown here—courtesy of Roadsidepictures)?

If I bought the new Dodge Caliber I test-drove at the car delearship (I won't—too noisy—but we'll pretend here), I'd get a brand-new vehicle (obviously) with zero percent APR for the first year, a full 20-year warranty (or something like that), and that distinctive new-car smell (which is actually pretty toxic, folks—learn why from Treehugger). I also, of course, get a much higher price tag.

With a used vehicle like the 2007 Toyota Camry I also test-drove, I may not get the new-car smell (fine by me) or the long warranty, but I'm likely going to pay less. And, at the moment, minimizing the damage this vehicle purchase does to my budget is vital.

Another dilemma that I'm facing is that I would really like to buy a hybrid vehicle. In my ideal world, I'd be driving a Prius or the hybrid version of a Honda Civic. But in reality, I probably won't. At least not with this vehicle. Hybrids are still exceptionally pricey—even used ones. Much too pricey for my minuscule budget.

Plus, now that I work remotely from home, I rarely drive except once a week to yoga and around town for errands every couple of days. So at this point, breaking my budget to buy a hybrid doesn't make a lot of sense. Next time I buy a car? It will most certainly be a hybrid. Or run on used french-fry oil (Maggie of Green Couple has a greasecar—why can't I?). Or be electric. We'll see.

I was reading this AllBusiness.com article, Should You Buy a New or Used Car?, and I was intrigued by the fact that one of the factors it listed for choosing between the two is whether you see a car as a status symbol. It says: "For some people a car is a sign of stature, while for others it is simply a means for getting around."

How true! For me, it's all about getting around. That's why I'm looking for a reliable, safe car that's not too expensive, gets good gas mileage, and has good resale value. I don't give a crap about what it looks like (remember, I drive a Space Turtle?). My honey, on the other hand, shoots down most of the cars I think I'd like to get because they're either ugly or too common. He, of course, falls in the stature category and wants to buy a Lexus as soon as he can afford one. I'd rather get a used Toyota Corolla for tooling around town when necessary, and ride my bike more than drive anyway.

Now I just have to convince the car dealer I don't need a brand-new Dodge Caliber—even though the cooled glove box compartment for chilling beverages and heated seats are pretty damn cool.

4 comments:

Anonymous said...

I know it will be tough to part with the Space Turtle. Who wouldn't be sad to lose the two-toned leather, moon roof, original cassette deck, and tailgate party capabilities! I vote for holding out until you find that perfect, gently used Toyoto Corolla. Happy test driving!

Julie said...

Thanks for the comment!

It will be sad to part with it—particularly the cassette deck and that fabulous tailgate. Even though I didn't throw many parties, when we picnicked on it before the Bob Dylan concert it was pretty awesome. And it was the perfect spot for my friends and I to sit when putting on our roller blades in the parking lot! Sniff! I'm getting all emotional about losing it now!

Anonymous said...

I believe I will never buy a new car. In fact, I think it is unlikely I will every pay more than $4,000 for a car.

I love my greasecar but it's really designed for long drives where the veggie oil can get good or hot. (I spent $2,000 for the car, which had about 130,000 miles on it, and then about $1,000 for the conversion. But be warned that VWs need lots of expensive maintenance, although the engine will run forever.)

If you just want a car for cruising around town when needed, I would try to find a used Honda Accord or other little car with good gas mileage. Hybrids are awesome but they are totally expensive and very very hard to find used (although I know a couple of people who have tracked them down). I personally have been lusting after an electric car, or even a glorified electric motorcycle like the Xebra. http://www.zapworld.com/
And $12,000 seems *almost* affordable in the grand scheme of things.

Good luck!

Julie said...

Thanks for the info, Maggie!

It's good to know the greasecar works better for longer distances; since I mostly do small errands around town it sounds like I am better off going for a used car with good gas mileage until that day someday (if I'm lucky) I can afford a hybrid. Although an electric motorcycle would be fabulous—if only the weathers weren't so icky here!