I have $25,000, What truck or car should I get?

Question

I think I found the truck I want to get which is the 06 Nissan Frontier Nismo 4X4. It costs 25,000. My question to you good folks is if you had 25g's what car or truck would you get and why would you get it? Thanks for your feed back. I am asking this question because maybe one of you could change my mind. Thanks again

Answer 1

If I had $25k to spend on a vehicle, I'd get either a V6 Rav4 or V6 Camry.

Or possibley a used Avalon.

Answer 2

I've learned the hard way. Get a car that's reliable and inexpensive to maintain AND repair. I would definitely go used and finance. Joe above knows what he's talking about with the house thing. I'm also in the real estate industry also.

Everyone knows you can't go wrong with a Honda or Toyota. Even if it's used. You can find lots of them at cars.com. I know cause I just got a 2003 Toyota Corolla from there, low mileage - 56K. There were tons of Hondas though as well. Salvage titles are always an option, cheaper deal but you won't be able to trade it in. Make sure you take your mechanic with you.

European cars are very expensive to repair, though they last longer (8-10yrs. before major repairs) than American made cars (2-4 yrs before major repairs). Also, the more electronic parts your car has, the more expensive the repairs.

I haven't heard either way on Nissans but ask your mechanic. That's where I got my information when I started shopping.

Answer 3

If you're buying a truck, I think you've made a right choice in
getting the 2006 Nissan Frontier Nismo 4x4. This truck is tough,
reliable, easy to handle and good performance on the road.

But if you're going to buy a brand new car, I would suggest you
to get the 2006 Toyota Camry 2.4L. It is very reliable, spacious,
stylish, top performance and with good safety features, like high stability when the car turns sharp bends at high speed.
Also, it has a high resale value and easy-to-obtain spare parts.
In servicing and maintenance, the Camry has the least of
problems and in the long run, it will outlast most of the cars in
its class.

Answer 4

If you have $ 25K, you should finance a vehicle and then take $ 7 to $10K to use for closing costs on a home purchase. 100% home financing with many payment options from 40yr terms to interest only will aloow you to make the most of your money.

A vehicle is a depreciating asset. A home will usually increase a minimum 3% per year depending where you buy. Plus you get a tax credit on the interest paid.

Example -
Vehicle - use $ 1000 to $2000 maximum at signing (0 down except tax/title/license)

Home Closing Costs - $ 0 down, $ 7000 - $ 10,000 for Escrow, title, fees

Allowing you to maintain an account with a minimum of $ $13,000 for incidentals or other investments.

A $ 400,000 home with 3% appreciation =

1st yr: $ 412,000
2nd yr: $ 424,360
3rd yr: $ 437,090
4th yr: $ 450,203
5th yr: $ 463,709

Even if you pay nothing but interest and still owe the full $ 400,000 at the end of 5yrs you will walk away with a $ 63K+ gain on a mere $ 10,000 investment (less 3% for a selling agent).

Plus, this five year model should time your home sale to be in the next seller's market.

Answer 5

Huh, I could have sworn I already answered this question.... no wait, I did, I did!

So are you buying 2 Nissan trucks?

Why do you want even one?

Is there a need to haul? If so you might want something that has a payload greater than the sum of the individuals sitting inside the vehicle?

Is there a need for 4wd? I take it not, since most who use it know about such thing as ground clearance or traction control.

Are you towing? While the ability to tow 5000 lbs is ok, it still has that little 6cyl engine, that gets about the same gas mileage as a full size Ford.... with its V8, and quite frankly the Ford has a better repair record...

You need to look cool? I reccomend the Barbie jeep.... at $200, my daughter says it looks really cool and since you plug it in at night you never have to buy gas for it.

Answer 6

Depends on your vehicle needs. Do you need a 4X4 truck that will not get good gas mileage or do you commute a lot? Would you prefer cloth interior or leather? It's all a matter of taste.

I am looking to trade my current car in, a Saab, for a Honda Accord with leather. The Saab, being now a part of GM, spends the majority of the time at the dealership being repaired. While it is under warranty, it infuriates me that I pay for a car that is off the road more than on it. Thus, I'm going with the Accord due to reliability and the fact that, for $25k, I can get leather and quite a few nice options with it.

Again, do your research and see what's best for you.

Answer 7

If it were me I'd buy a 4cyl. Toyota Truck, and a car used. New cars are the worst investment you can make. They don't build value like a home or land. So why waste hard earned money, so some dealer can get rich.

Answer 8

I would hesitate to spend 25 grand on a "depreciating asset", especially a brand new vehicle. Consider a used vehicle and get more bang for your buck.

Answer 9

I would go for the Xterra.