01-19-2005, 04:31 PM
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Active Enthusiast
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Hybrids: 2004 Civic Hybrid CVT
Posts: 237
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Maybe if you know you will throw it away in 6 years..
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Originally Posted by buzz70
'99 Dodge Neon depreciates quickly. Owning it for 7 years (and that's a stretch!), it probably won't be worth much, if anything. Conversely, a 7-year old Civic holds value fairly well. Therefore, for about the same $10K, you can drive a nicer car. (I'm taking the original price - selling price after 10 years.) To me, I'd rather have the Civic. Plus, after 7 years, it's probably still got lots of life left in it.
So, is the Neon a better deal? Maybe. Depends on how you look at it, I guess.
Mark
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Good point. If you know you will throw it away in 6 years regardless you might not think that 20K is worth it. Of course is is 20K for the hybrid which has more benefits. Just think of how much gas you could save.
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