New Basic car or used "near luxury" car?
I am considering either a new car or used car. I am considering a new Nissan Altima 2.5S ($19,500) or a 2008 Infiniti G35x fully loaded w/ 88k miles ($16500). If you had to use the car you bought for 5 years (driving about 15k miles- 75k miles over 5 years) which would you do?
After 5 years:
Altima
-5 years old
-75k miles
G35x
-8 years old
-163k miles
Infiniti Pros
-AWD- i live in Pittsburgh, and i will visit family in CT several times a year during college vacations so it will be snowy
-When going home and back from school, it is a 500 miles trip one way. The built in Navigation system will help (without needing my phone’s GPS
-Luxurious features- leather, navigation, LED Tail lights, Xenon headlights, alloys
-Already depreciated significantly from new… I can prob still get around $8k when it is 8 yrs old ($8500 depreciation)
Infiniti Cons
-A more expensive car, so it might be a target of vandals
-Premium Fuel needed
Nissan Pros
-New car smell with new car warranty
-Regular fuel needed
Nissan Cons
-"regular" car
-No luxurious features
-ugly hub caps vs alloys
-Not a lot of HP
-FWD
-No built in Navigation
-More Depreciation (i can prob. sell for $9k after 5 yrs)
($10500 deprecation)
I’m not considering Accord or Camry right now… they are nice cars, but my mom has an Accord and dad has a Camry… I just don’t like how they drive…
I will pay off the car over 2-3 yrs. I’m not looking at Lexus because i really have my heart set on a Nissan product (Infiniti & Nissan are the same company)
Quite frankly, the Nissan’s pros and cons outweigh the Infiniti’s. You can purchase an excellent GPS for $200 or less and even add some "decent" rims a little later. You’ll have a factory warranty on the Nissan versus no warranty on the Infinity. You’ll also save about 25 cents per gallon on gasoline.
September 9th, 2011 at 4:58 pm
Infiniti’s are real nice but if you plan on putting some good mileage on there you should go with the Nissan that way you will save on gas as well.
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September 9th, 2011 at 5:28 pm
Nissans are pretty reliable but they can use up a lot of fuel. I’m not too sure on Infinti but if you want a comfortable or new car thats reliable try a Honda Accord or Toyota Camry. Both are exteremely reliable and keep thier value well if you choose to sell it later in life
References :
Check out the Dog and Lemon book for other reliable car ideas
September 9th, 2011 at 6:10 pm
Which will you pay off faster? Which costs more to own each month. Use your figures you have and figure your cost per month. An economy car has advantages. But, out the gate? The insurance is high. Durability low and it WILL wear on you over the distance. Buy the Lexus, pay it off quickly and enjoy the ride.
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September 9th, 2011 at 6:52 pm
=== scrap all that and go find a nice Ford 4X4 …. at least drive one and see what is to like ….
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September 9th, 2011 at 7:06 pm
Quite frankly, the Nissan’s pros and cons outweigh the Infiniti’s. You can purchase an excellent GPS for $200 or less and even add some "decent" rims a little later. You’ll have a factory warranty on the Nissan versus no warranty on the Infinity. You’ll also save about 25 cents per gallon on gasoline.
References :