[quote=briansd1]$800 per year maintenance is cheaper than buying a new car in the same class. Even $1,500/year would be more economical.[/quote]
I’d agree with him on this one. I was faced with the same conundrum a few years ago. I did the math and realized as bad as $1000-1500 a year repair cost sounds, it’s still more economical than buying a new car.
That said, buying a good low mileage used Japanese car would be the best solution. But you never know if you’re getting a lemon or not. In my case I bought a new Honda at a price cheaper than most used cars ($16K).