What is the cheapest car in the US market?

19 posts were merged into an existing topic: Off Topic Landfill 5

In Florida it’s around $3.35. The Nissan Armada take around $95 to fill up but $6 that would be $168 per tank.

Manual Subaru Impreza, new.

@anon65069371 Found you a job!

This guy always wants to get killed
He sells his rari for a house
Has a trash fantasy record
All because he sells Volvos

1 Like

They killed the manual :sob:. Couldn’t put eyesight in it

1 Like

aint that the truth of it!

Can you get me the details on the Tesla 3 2 yr lease?

Just go to Tesla website

1 Like

Base model Nissan Versa still comes with a 5 speed. $16,130

In my personal experience the cheapest car I ever owned was a civic that I bought with 100k+ miles drove for two years and sold it for just a few hundred dollars less than I bought it for

I’ve done that plenty of times and even profited but it’s a complete dice roll. Especially with parts and labor costs these days.

Looks like its $472/mo for the lower range RWD with 0 down not including tax. 10k/yr

Purchasing the same car is $680 with 0 down. If you factor in the $7500 tax credit as a “down” youre at $550.

Better off buying it. Sure, Tesla’s price war killed EV resale values, but youll have some sort of equity in the car when you’re done paying it off and you’re not stuck to 10k miles a year which is nothing for the average driver.

What do you think about a 2007 Lexus IS, has about 100k miles. KBB seems to be around 8.5k

My strategy would be to avoid car models that have potentially been owned by troublemakers.
Because the troublemaker car owner demographic abuses their cars, rolls back odometers and do other things that will make the cars next owner regret buying it.
Lexus IS series are troublemaker cars, but ES series are not. If your main concern is not to show off but to own a nice reliable vehicle that also looks great and feels great inside, consider ES series.
ES series were probably owned by a stable middle class family in their 40s who drove it without abuse and maintained it properly.

1 Like

Assuming you are good at leasing and leasing at the 1% rule. Your car MSRP would be $42k for a $15000 for 3 years lease. Now assuming you finance the same car and keep it for 10 years with an average resale value (10k), average interest rate (5%) on the loan, 9% sales tax, and $500 title and registration fee. I would assume your TCO for 1 car would be $40k, so 3 cars in 30 years would be $120k.
Correct me if my calculations are wrong since there are a lot of variables and I could be skipping over a few and making some assumptions here and there. So the question is, would you rather finance three cars for $120k or lease 10 cars for $150k.

2 Likes

You lost me right here. Start the discussion using today’s actual prices. Pick anything from the marketplace

As others mentioned, “cheaper” may not be “cheaper to YOU”. If you have a construction business and have to haul stuff, the Corolla hybrid may not be that cheap if you have to rent a pickup every day.
My cheapest: 2019 Silverado. (new). Paid 34,000 for it, and sold it for 38,000 about 18 months later with 11,000 miles. During those 11,000 miles I changed the oil: $45 and used about 550 gallons of fuel. The fuel was about $1200 but I had to insure it, which was about 50 per month. Interest was very low then less than 3 percent. While I did make payments on it, only the interest was an expense, since 100 percent of the principal was returned to me upon the sale.
My cost to own was approximately zero because my expenses were less than the appreciation.
Its not a fair comparison, because that could not be repeated, IMHO, in 2023.
I did repeat it, however, with a 2023 Sienna which I bought for msrp minus 500 military rebate of $44,300. I sold it about 8 months later for $50,000 to carmax. My expenses were also less than the appreciation.
This all involved very careful shopping and negotiation, and a willingness to drive to another town from a dealer who gave me a great price.
Both the 2019 Silverado 4wd, club cab, and the 2023 Sienna XLE AWD are in high demand.
You can easily look at the value of the car on kbb and see how much a year old model is worth. And, yes, I kept my vehicles immaculate and both looked new even with thousands of miles.

Then that would be the OP’s first criterion. But that’s not what the OP asked.

If you can’t charge: Prius.
If you can charge: Prius Prime, outlander phev.