Which would be more logical/sensible/thrifty to buy . . . ???

Question

A used Toyota for around $4,000-5,000 dollars, or a brand new 2007 Toyota Yaris for $11,000+? I have always bought/owned used Toyotas (Celica, Tercel, Camry) and have had good luck with the brand, but my bf thinks I should buy the new car (pay cash) and avoid all possible troubles/developments with a used car. Also, what is acceptable mileage for a used Toyota to purchase? I have been told that they run more dependably, longer, than many other brands, but don't want to pay too much for an older/high-mileage one.
P.S. If I had a million dollars, I would buy a Prius hybrid and be done with it. I am concerned about good gas mileage and the environment. Just read on Yahoo that the Yaris is one of the best NON-hybrid cars for fuel consumption, so ...? Please give me your best advice. Thanks.

Answer 1

the yaris has way better mileage then most older cars do and you probally wont regret getting a new car because of the fact it will last you a while unlike a used one. and its good idea to stick with Toyota. they are a good company and do not need much maintenance. if there is a financial problem and you are forced into a used car try to get one with decent mileage, and one that isn't to beat up. If you buy an really old one you will eventually end up paying more money in the long run after all of the repairs.

Answer 2

The new car is going to have more depreciation than the older one, so most likely the used car is going to be a better value. Less costly per mile than a new yaris. That said the yaris does get great mileage and may save there. You will also have warranty and piece of mind which is valuable. A one or two year old carolla for the same price might be the best option. Bigger more powerful car that also gets good mileage and will not depriciate as quickly in the next two years as a new Yaris. I believe toyota certified vehicles actually have a longer warranty on the drivetrain than the new ones. Might be something to look at.

Good luck

Answer 3

Personally I do not buy Japanese cars, but they are fine automobiles and Toyota is perhaps one of the best automakers in all of the world. Cash is always the best way to pay for any car, that is unless you are the type of person that is very good at investing and your money would make more invested than your interest rate would be. But for all of us that are not Alan Greenspan, save and pay cash. Also I would not spend $11,000 on a Yaris. It is new to the U.S. and who knows if the glitches have been worked out. I would say if you can spend $11,000 spend it on a used Camry. But if you can't I would spend 5,000 for Toyota Camry with less than 50,000 miles.

Answer 4

The old New England Yankee saying is, "Buy it new, wear it out; make it do, or do without."

In the long run, that is thriftier.

It's not always possible for everyone to buy a new vs. used car, and often you can get a good used car. But if you can swing a new Yaris, you should - you'll go farther in it with fewer problems. It is said to get 34/39 mpg, and you would be hard pressed to beat that with a used one.

However, see this review:
http://www.usatoday.com/money/autos/reviews/healey/2005-12-29-yaris_x.htm

Answer 5

fyi:the prius in real world driving only gets about 45 miles per gallon.back to the main part of your question,i would buy a used one because the previous owner has already taken the depriciation hit.

Answer 6

go with the yaris...supposed to be a great car and great on gas mileage

Answer 7

Toyota's run forever. If you can afford it, pay cash for the new one, and you will not worry about transportation for 300,000 or so miles.