So my parents told me they'd buy me a used car for $10,000 or less, though with the way used cars are right now we ended up settling on this 2015 Honda Civic for $13,000 with about 90,000 miles on it. It's very comfortable and runs well with very zippy and smooth acceleration. My parents have said they'll pay for the thing in full, though I'd like to go halves on them since it's over $10,000. I told my coworkers about it and most of them said this was the wrong time to buy a used car and that if I insist on paying half anyways, to look more toward something new at the $20,000 range. A co-worker recommended this site which has cars only around $10,000 above the one we're going to buy, including 2022 Civics. A new car might pay off better in terms of longevity or resale value, though my dad says a new car means higher insurance and a steep excise tax on it, which can be tough here in New Hampshire, and that Hondas are pretty reliable anyways. Which choice is the smarter buy in terms of overall value?
If this will be your first car, avoid buying new.
If the market wasn’t crazy right now, I’d say buy an old Corolla or Civic for a great deal (<$5000), but in this climate, good luck finding one like that.
I’d pick the 2016 Civic with the 2.0L NA engine, if you can find one.
No matter what used car you buy, have it inspected thoroughly by a professional mechanic, before purchase.
