Jeom049 OP t1_ja5heaj wrote on February 27, 2023 at 12:01 AM

Reply to comment by rolliejoe in Is this a Good Car Lease deal? Toyota Corolla LE 2023 by Jeom049

What do you recommend, market is high, and I don't want to worry about repairs. If I buy most likely i will be upside down in 3 years as I strongly believe the market will drop. What other leases or cars could I look at. I don't care for Toyota if is a lease. I doubt any car will break in 3 years

msartho t1_ja5sejv wrote on February 27, 2023 at 1:25 AM

>I don't want to worry about repairs

If you buy a new car as you seem to be fixated on, you likely won't have any repairs in the three year period you are talking about. Just my opinion. Nothing wrong with buying a new car if that's what you want to do.

Jeom049 OP t1_ja5swo8 wrote on February 27, 2023 at 1:29 AM

its mainly about convenience, piece of mind and knowing I won't lose unnecessary money at the end. If I could get the deals we were getting a few years back I would finance In a heartbeat and sale the car after 3 years as Toyotas hold their value

rolliejoe t1_ja5olqa wrote on February 27, 2023 at 12:55 AM

Something like a Hyundai Accent SEL model is $19k and comes with all essential features. Looking at probably ~$22k out the door with a bumper-to-bumper 5 year warranty (likely no significant problems before 10 years) and roadside assistance. The Kia Soul is also a great little vehicle at about the same price point with an incredible amount of interior/storage space (more than some small SUV's), and a similar 5 year warranty. These aren't the only two options in the price range, just two that come to mind with probably the best warranties.

Jeom049 OP t1_ja5pa96 wrote on February 27, 2023 at 1:00 AM

thank you, you are probably the only person that has actually helped me and paid attention to my question

ynotfoster t1_ja5sccr wrote on February 27, 2023 at 1:24 AM

That's because you are asking a question about car prices on a finance forum. Everyone is telling you it is a bad financial decision to lease, if you don't care that you are making a bad financial decision, then maybe you be better off asking this on a car forum or car leasing forum.

Jeom049 OP t1_ja5t0x3 wrote on February 27, 2023 at 1:29 AM

haha yeah, I figured once everyone started lecturing me this wasn't the best forum. Just trying to get some quick info

CausalDiamond t1_ja6p8uw wrote on February 27, 2023 at 6:18 AM

Hyundais and Kias are looking like they will be uninsurable due to their high incidence of theft.

rolliejoe t1_ja7grz9 wrote on February 27, 2023 at 12:24 PM

This is just a new's blurb for those who don't bother reading any further or understanding any of the relevant details. First, all Hyundai and Kia vehicles after Nov. 1, 2021 (and some makes/models before this date) come standard with the anti-theft immobilizer, and thus any new vehicle OP might be considering won't be affected. Additionally, insurability is dependent largely on location, as well as carrier. "Uninsurable cars" made headlines because it is good clickbait, but even for the model years affected it was limited to a handful of areas (most with high vehicle-crime rates and higher insurance premiums to begin with) and/or specific carriers.