How much did you pay??
94 Honda Accord, asking price, 1,000, I bought it for the 1,000 without looking at it. Major body damage, misfiring cylinders, rusted out exhaust. 2 grand and two years later, it's a nice car, reliable and fun. When I bought it, it had 169k miles, it's now running strong with more than 210k miles.
Buy from an individual. Preferrably some 50-year old woman.
This doesn't answer your question, but...
We bought a new 2005 EX-L 4cyl auto in August for $23,000. Sticker was $25,500+ add-ons.
I bought a 1995 EX 4cyl 5spd this week for $3000. It's been wrecked, but not totaled. Needs some repairs (brakes, fuel filter, several oil changes to clean the engine out, windsheild, new tint, radiator flush, trans flush, etc.) to get it where I want it, but it runs great, gets good MPG, and will last a good while I suspect. If gas stays the same, it will still be worth about $3000 5 years from now.
This doesn't answer your question, but...
We bought a new 2005 EX-L 4cyl auto in August for $23,000. Sticker was $25,500+ add-ons.
I bought a 1995 EX 4cyl 5spd this week for $3000. It's been wrecked, but not totaled. Needs some repairs (brakes, fuel filter, several oil changes to clean the engine out, windsheild, new tint, radiator flush, trans flush, etc.) to get it where I want it, but it runs great, gets good MPG, and will last a good while I suspect. If gas stays the same, it will still be worth about $3000 5 years from now.


