Last updated: December 12, 2024 at 03:28 PM
Car Recommendations for $5000
Early 2000s Volvos
- Pros: Luxury, good style, safety, good engineering.
- Cons: Some caution needed, particularly regarding the timing belt.
Toyotas and Hondas
- Pros: Generally reliable.
- Cons: Caution advised for V6 Honda models with automatic transmission.
Scions
- Pros: Built by Toyota.
- Cons: Limited availability.
Late 90s Lexus
- Pros: Solid option.
- Cons: Limited availability at $5000.
Other Recommendations
- Ford Fusion/Mercury Milan/Lincoln MKZ: Good options with lower mileage.
- Buicks with the 3800 engine: Reliable and owned by older adults.
- Hyundai Elantra/Sonata/Santa Fe: Good alternatives with lower mileage.
- Nissan Altima 2006 and older: Reliable engines.
- Buick Century/LeSabre/Park Avenue: Comfortable and reliable.
- Most American Pickup trucks (F150, Silverado/Sierra) and Large SUVs: Reliable options.
- Subaru Outbacks: Reliable if well-maintained.
- Pontiac Vibe: Similar to Toyota Matrix.
- Pontiac Grand Prix or Bonneville with 3800 V6: Good options.
Reddit Car Buying Advice
- Prioritize a pre-purchase inspection and look for low mileage options.
- Consider cars that have been well-maintained by previous owners.
- Be cautious about buying cars from dodgy dealers and scammers.
Electric Car Company Success
- Tesla: Mixed opinions about success and treatment of employees.
- Speculation about future success and challenges.
- Uncertainty about Tesla's financial stability despite recent milestones.
Overall Market Sentiments
- Varied opinions about Elon Musk and Tesla's success.
- Some users express skepticism and concerns about quality and scalability.
- Discussions about stock investments and potential future developments.
Financial Advice
- Personal experiences shared about paying off loans.
- Recommendations vary between methods like waterfall and snowball.
- Contrasting opinions on Dave Ramsey's financial advice.
- Emphasis on individual financial goals and circumstances.
Final Car Purchase Recommendations
- Redditor purchasing a 2021 Audi S4 after successful stock trades.
- Other users suggest considering a Tesla, Nissan GT-R, or a Porsche.
- Excitement and varied suggestions about potential car choices.