Back story is that I have a 2007.5 Silverado NNBS z71 that I really enjoy even though it repaid me by eating a lifter last year. Comfortable truck, decent on gas for what it is. I like it. However, the Pittsburgh salt has ate the trucks cab corners, rocker panels, bed sides, etc. Unfortunately the damage was done before I bought the truck so there wasn’t much I could do.
I am planning to replace said truck as soon as I can but that likely won’t be for a couple of years due to finances. Right now I feel like the truck is at its highest value because used truck prices are criminal. My truck is 4x4 and even though it’s a rot box, it’s still a $6k truck.
Is there a commuter car that I could buy for $6k and keep for two years that won’t completely lose value? Need some thing reliable to daily.
Maybe im off here, but I don’t want to wait and see what the truck will need next.
Scottah said:
Is there a commuter car that I could buy for $6k and keep for two years that won’t completely lose value? Need some thing reliable to daily.
There are tons of choices of cars that will depreciate very little. The real key is to buy the car under market price and then sell it later more closely to market price. I have done similar with Prius, Avalon, Mercury Milan, etc. Personally, I am on a big kick of Gen2 Prius. This is '04-'09. The Gen3 is a bit better of a vehicle (slightly bigger while getting better mpg) which leave the Gen2 to currently be in the very sweet spot. Gen3's tend to retail over $10k. Gen2's tend to retail $4k-$6k. The 42 mog all the time is nice too. These cars were expensive when new. Sure, some of that was buying technology but I also really believe they used a better metal. A higher alloy grade in attempts to keep body weight down. They rust much less then their similar class vehicles.
I have found Pontiac Vibes to be a good bargain too. They are saddled with the Pontiac name which is extinct but the reality is they are Corolla wagons.
Duke
MegaDork
4/18/19 12:05 p.m.
My vote in this price range is Toyota Avalon. Reliable as a stone axe, comfortable and roomy, and they tend to have been owned by, errr, mature adults so they are usually pretty well taken care of.
They don't have the ubiquitous name recognition that the Camry does (while being mechanically nearly identical) so they tend to trade at or below the same price point despite being a much nicer car.
In reply to Duke :
It’s true. Even new you can get Avalons for less than a Camry even though an Avalon is appointed similarly to the Lexus ES.
For the OP, for 6K you basically have your choice of any Toyota or Honda. I bought my DD 2004 civic four years ago for 5k. Since then, I’ve put on 40k miles. I’ve done only basic maintenance to it and beat on it pretty hard daily in city traffic and still someone offered me 4K for it the other week.
That Outback wagon looks to be a super deal!
Oh wow. Yeah. Buy that Outback
Is the truck rotted so bad it's unsafe?
If not, I say keep driving it until you have your finances together to buy the truck you want.
This is the one time I'll say "Don't buy Korean". They're meant to be bought cheaply lightly used and run into the ground (as far as resale goes).
Woa that Outback. Got some things to think about. Appreciate the replies.
