Should I sell my IS350 or keep it?
06-05-2007 | 02:13 PM
#31
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Joined: Aug 2003
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From: Aliso Viejo formely Irvine
If you can afford a second cheap commuter car (you don't need much) you will probably lose the least amount of money as an older car, such as a Honda, will not depreciate as much. I have bought and sold several different Hondas and I have not lost money since I was patient enough to find a good deal. If you look around and are patient you should be able to find a deal on a cheap commuter car such as a Civic HB/Coupe/Integra/etc. for $3-7k depending on the year you want. I personally am partial to the 96+ Civic HBs as they have a lot more room in the interior and they are generally in a lot better condition than the 92-95s.
If you end up working closer to home, you can resell the used car much easier without losing money as compared to selling your relatively new IS, buying a relatively new/brand new FIT, selling the fit, and then buying another luxury car again. You will hit depreciation x3.
On a side note, your insurance can actually go down overall or at worst, you will be paying a few more hundred bucks a year to insure a second car. Ask your broker if you get a multi-car discount.
If you end up working closer to home, you can resell the used car much easier without losing money as compared to selling your relatively new IS, buying a relatively new/brand new FIT, selling the fit, and then buying another luxury car again. You will hit depreciation x3.
On a side note, your insurance can actually go down overall or at worst, you will be paying a few more hundred bucks a year to insure a second car. Ask your broker if you get a multi-car discount.
06-05-2007 | 02:35 PM
#34
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Joined: Mar 2006
Posts: 5,692
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From: Pasadena, SOCAL
you'll lose a chuck selling it now, well, see if is there is250 owner wanna go upgrade.
if you sell it straight out, you'll lose a good bit and i doubt the extra money from the sale after buying a fit will be much.(not to mention the mark up and initial lose for the fit)
i'd keep if i were you
100 miles is not that bad, it's aroun 75-80 a day for me, at least 75
if you sell it straight out, you'll lose a good bit and i doubt the extra money from the sale after buying a fit will be much.(not to mention the mark up and initial lose for the fit)
i'd keep if i were you
100 miles is not that bad, it's aroun 75-80 a day for me, at least 75
06-05-2007 | 02:47 PM
#38
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Joined: Aug 2003
Posts: 8,362
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From: Irvine
Originally Posted by OC S2K,Jun 5 2007, 02:13 PM
If you can afford a second cheap commuter car (you don't need much) you will probably lose the least amount of money as an older car, such as a Honda, will not depreciate as much. I have bought and sold several different Hondas and I have not lost money since I was patient enough to find a good deal. If you look around and are patient you should be able to find a deal on a cheap commuter car such as a Civic HB/Coupe/Integra/etc. for $3-7k depending on the year you want. I personally am partial to the 96+ Civic HBs as they have a lot more room in the interior and they are generally in a lot better condition than the 92-95s.
If you end up working closer to home, you can resell the used car much easier without losing money as compared to selling your relatively new IS, buying a relatively new/brand new FIT, selling the fit, and then buying another luxury car again. You will hit depreciation x3.
On a side note, your insurance can actually go down overall or at worst, you will be paying a few more hundred bucks a year to insure a second car. Ask your broker if you get a multi-car discount.
If you end up working closer to home, you can resell the used car much easier without losing money as compared to selling your relatively new IS, buying a relatively new/brand new FIT, selling the fit, and then buying another luxury car again. You will hit depreciation x3.
On a side note, your insurance can actually go down overall or at worst, you will be paying a few more hundred bucks a year to insure a second car. Ask your broker if you get a multi-car discount.
I don't know if i want to buy civic. I want something different. I wanted a fit before buying the IS but the fit had an mark up and there wasn't much around to pic up one. but of course you get what you pay for and IS will differently be a better choic. i just dont' want to regret in 3 years my IS will be around 100k miles... by then what will it worth?
06-05-2007 | 02:50 PM
#39
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Registered User
Joined: Aug 2003
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From: Irvine
Originally Posted by iam7head,Jun 5 2007, 02:35 PM
you'll lose a chuck selling it now, well, see if is there is250 owner wanna go upgrade.
if you sell it straight out, you'll lose a good bit and i doubt the extra money from the sale after buying a fit will be much.(not to mention the mark up and initial lose for the fit)
i'd keep if i were you
100 miles is not that bad, it's aroun 75-80 a day for me, at least 75
if you sell it straight out, you'll lose a good bit and i doubt the extra money from the sale after buying a fit will be much.(not to mention the mark up and initial lose for the fit)
i'd keep if i were you
100 miles is not that bad, it's aroun 75-80 a day for me, at least 75
06-05-2007 | 03:10 PM
#40
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Joined: Jun 2001
Posts: 7,279
Likes: 1
From: Fountain Valley, CA
I am the opposite with most.
When I had to commute to work in the past, my 2000 Monaco Blue NSX-T made it more bearable for me. Now that I do not have to commute as far, a 2007 Honda Civic hybrid is my daily work car now for a 15 mile commute. It should have been the other way around I know but I did not mind driving that NSX in 405 traffic at 5 pm. Basically, traffic was bearable when you are driving a car you love to drive.
Tan
When I had to commute to work in the past, my 2000 Monaco Blue NSX-T made it more bearable for me. Now that I do not have to commute as far, a 2007 Honda Civic hybrid is my daily work car now for a 15 mile commute. It should have been the other way around I know but I did not mind driving that NSX in 405 traffic at 5 pm. Basically, traffic was bearable when you are driving a car you love to drive.
Tan