All things considered, like resale value, reliability, etc., the Honda Civic is a no-brainer.
Me too Dr. G. My husband has the Prius & it has been great. Excellent for space too since it's a hatchback - we put a lot in that car! But a bit beyond what I can afford given that I put a lot of KM on my cars & would not keep it as long as he keeps his cars so I replaced my Toyota Corolla a few weeks ago (gave my 7 yr old Corolla with 249,000 km to my parents who only drive in the city - thought it will give 7 more years of good service without costing anything if not driven so hard like I drive it commuting) with a new Honda Civic (loving it so far). I looked at the Fit seriously but the gas mileage for price wasn't as good as the Civic so I opted for the Civic but if I was in the city only, my choices may have been different.The Honda Fit or the Toyota Yaris look like fine cars. I have had two Tercels and an Echo from Toyota, and a Honda Civic. I would have loved to have gotten a Prius, but that is way beyond my financial abilities to pay for it or even lease it for a few years.
I'd love to be more specific, but the truth is that I don't know. I've never actually picked out a car for myself--first time buying my own car here.Sonal you should be more specific because our recommendations are all over the place, are you looking for a compact or a midsize? Sedan or wagon/hatch?
I think you're thinking straight. When I tried to figure out what car I needed (this is only my second new one and I was about your age when I got my first new one too), my criteria came down to some main things: dependable, last along time, as must mpg as I can afford, affordable, safe. If you narrow down what your main criteria for the car is, you will probably then discover you only have a choice of a few models then go from there. Throw out the extras you feel you can live without if they aren't important to you. If they are, leave them in.On the other hand, a large car doesn't suit my life outside of work, and I currently work around the storage issue by either getting anything that is too big for my car delivered, getting one of my trades with a truck to pick up stuff for me and reimbursing them the straight cost, or borrowing my mother's van. It doesn't work out too badly... in fact, it arguably works out better because I don't have run around as much picking stuff up--I delegate all that.
I don't think I want to go any bigger than my present car, though. Running around downtown, it sometimes feels like I'm driving a boat.
It is in the bank.For a car you're not going to be driving much, I would buy a year-old Toyota Yaris. It'll run forever for peanuts, and you can take all that money you saved and put it in the bank.
Hey, that's how I just bought my last car except the borrowing was really low so I decided to finance some of it and leave the rest in ING. Maybe we're the same person.It is in the bank.Though the next time around is far enough in the future that I'll probably stick it in a GIC.
I divert a regular amount every month to an ING Direct account. I consider it a car payment to myself. After I buy this car, I'll keep doing that, and that way, when I'm ready to buy the next car, I will have a money saved up for it.