Author Topic: New Small SUV for ~$20k  (Read 1773 times)

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Offline OCtoSV

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Re: New Small SUV for ~$20k
« Reply #15 on: January 12, 2021, 10:55:06 AM »
bump the budget to $30K and get a CRV (gas). We just got a 2020 for $30K. I was willing to go much more expensive like MDX or Highlander but we don't need a 3rd row and the 1/2 row legroom is bigger than ALL SUVs except the Highlander. CRV occupies a fascinating market niche and we couldn't be happier. 0%/60 mo now as well. Such a steal, almost as much as the M3 for $38K

Offline irvinehomeowner

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Re: New Small SUV for ~$20k
« Reply #16 on: January 12, 2021, 11:04:40 AM »
$20k is the hard cap. :(
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Offline eyephone

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Re: New Small SUV for ~$20k
« Reply #17 on: January 12, 2021, 12:15:03 PM »
I say hold off on any major purchases especially a vehicle unless you need it. We do not know how long this will last for.

Offline irvinehomeowner

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Re: New Small SUV for ~$20k
« Reply #18 on: January 12, 2021, 12:45:14 PM »
I say hold off on any major purchases especially a vehicle unless you need it. We do not know how long this will last for.

I'm optimistic... new prez... vaccines... and morekaos moving to Texas. :)
Once you go 3-car garage... your junk can never go back.
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Offline eyephone

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Re: New Small SUV for ~$20k
« Reply #19 on: January 12, 2021, 12:50:40 PM »
I say hold off on any major purchases especially a vehicle unless you need it. We do not know how long this will last for.

I'm optimistic... new prez... vaccines... and morekaos moving to Texas. :)

I respect that.

Offline just in time

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Re: New Small SUV for ~$20k
« Reply #20 on: January 14, 2021, 09:14:01 AM »

This thread is helpful. Why wait on purchasing a new car?

Offline Ready2Downsize

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Re: New Small SUV for ~$20k
« Reply #21 on: January 14, 2021, 10:52:22 AM »
I think the default recommendation in this segment is a Kia Soul if you must buy new. Personally I prefer to buy resale. If I were buying for my kid, I'd probably look at the Hyundai Kona. If I were buying for myself at 20k, I'd get a Mazda 3 wagon (or if budget was lower, a Honda Fit).

If you are going to look at Kia, check the Kia Seltos. New for this year but it's been sold in other countries for years. Stand your ground and you can get one for $19K plus tax, etc.

Offline momopi

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Re: New Small SUV for ~$20k
« Reply #22 on: January 14, 2021, 01:03:31 PM »
I second Soylent's recommendation.

I bought my wife an Acura RDX used, it was previously a 2 year corporate lease with 5k miles/year.  So the car was 2 years old and barely had 10k miles on it, still had the new car smell and I saved about $10,000.  There were a few minor external scratches from automated car washes, but for $10K savings it was acceptable.

When we were shopping we went to several dealerships, including Huyndai.  The lower end Hyundai SUV's interior did not impress.

My wife's friend bought a Rav4 and I had the chance to drive/wash/detail the car by hand.  I like it.  It's possible to buy a 5th gen (2019+) Rav4 used with relatively low mileage for ~$20k.  Add a can of "new car smell" scent and you're good to go.  Note that earlier Rav4's had poor crash test ratings on passenger side, but has been remedied with 2019 model.


Offline eyephone

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Re: New Small SUV for ~$20k
« Reply #23 on: January 14, 2021, 01:13:22 PM »

This thread is helpful. Why wait on purchasing a new car?

Because most people are working from home. Also, people do not go out.
For example, I only went out a couple times in December. I foresee that in the future.
Do I need a new car sitting in the garage or in the driveway? Yo neighbor check out my new car. No one cares about that anymore.

Offline qwerty

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Re: New Small SUV for ~$20k
« Reply #24 on: January 14, 2021, 01:58:21 PM »

This thread is helpful. Why wait on purchasing a new car?

Because most people are working from home. Also, people do not go out.
For example, I only went out a couple times in December. I foresee that in the future.
Do I need a new car sitting in the garage or in the driveway? Yo neighbor check out my new car. No one cares about that anymore.

I have a lease coming due in a bit over year. For the reasons eyephone mentioned I have no idea what I’m going to do. Before the pandemic I was thinking my next car lease would be an X5M. There is no way I’m going to drop 1000-1200 a month to drop the kids off at school and pick them up or go the grocery store. Even if I’m back in the office and going in two days a week not sure it would be worth it. I do like the new car smell so I think I’ll continue to lease but the idea of buying a used car is growing on me if I won’t be driving very much. Perhaps I’ll just get a street legal golf cart and call it a day.

Offline Mety

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Re: New Small SUV for ~$20k
« Reply #25 on: January 14, 2021, 02:07:45 PM »
Model Y.

Offline Soylent Green Is People

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Re: New Small SUV for ~$20k
« Reply #26 on: January 14, 2021, 02:30:46 PM »
I've always had very good success with Autotrader or Craigslist. Haven't bought new in years. Ran the last 3 vehicles past my mechanic, paid a reasonable price, and drove them problem free for many miles. My Sequoia made it to 225k miles, survived a cross country drive, and even sold the car for a small profit!

On CL I see a 2020 Jeep Compass Limited (15k miles, retail $28k) for $20,000 with an extended warranty. Not too bad. There's a 2020 Mazda CX-5 Touring (22k miles, retailed $28k) for $20,000. Deals are out there pre-owned and the buying process is safe and easy for the most part.

New is nice. So is $7-9k in pocket. 
My .02c

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Offline irvinehomeowner

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Re: New Small SUV for ~$20k
« Reply #27 on: January 14, 2021, 02:36:04 PM »
I've always had very good success with Autotrader or Craigslist. Haven't bought new in years. Ran the last 3 vehicles past my mechanic, paid a reasonable price, and drove them problem free for many miles. My Sequoia made it to 225k miles, survived a cross country drive, and even sold the car for a small profit!

On CL I see a 2020 Jeep Compass Limited (15k miles, retail $28k) for $20,000 with an extended warranty. Not too bad. There's a 2020 Mazda CX-5 Touring (22k miles, retailed $28k) for $20,000. Deals are out there pre-owned and the buying process is safe and easy for the most part.

New is nice. So is $7-9k in pocket. 

Used at $20k or new at $20k is still $20k so not sure where that $7-9k came from. This is like money fraud. :)
Once you go 3-car garage... your junk can never go back.
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Offline Soylent Green Is People

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Re: New Small SUV for ~$20k
« Reply #28 on: January 14, 2021, 02:45:43 PM »
Brand new out of inventory could be $28k. Pre-owned is $19-20. I'd rather have a more expensive car (better features) at a lower price instead of a low price new car without many of the premiums. The savings is imputed.

15-20k miles is really nothing. I prefer to have a car that's broken in. Glad to have the seller ensure most items are fixed by the dealer before re-selling.

My .02c
My .02c

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Offline HMart

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Re: New Small SUV for ~$20k
« Reply #29 on: January 14, 2021, 03:08:48 PM »
You don't even have to go that used. I got my car used at 39k with 6k miles on it. Original MSRP was north of 60k, so that's like 25,000 reasons to go gently used.

 

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