Everyone wants to get a good quality car at a good price. The trick to good car buying is to balance the high cost of a new car purchase with the high repair costs of an older car.
In this video the speaker explains this buying strategy perfectly.
The car buying "sweet spot" as shown in this video matches the car buying strategy we recommend at IW Auto Sales.
At IW Auto Sales we believe that the best time to buy a car is when it is less than 4 years old with less than 50,000 miles. A vehicle this age is available on the market as a "lease return". A typical car lease runs 2-3 years with a limit of 24,000 to 36,000 miles. Car repairs are done by the manufacturer under warranty and some manufacturers offer car maintenance (oil, filters, wipers). So when the lease vehicle is returned, the car is normally in very good condition.
At IW Auto Sales, we avoid cars older than 4 years with more than 50,000 miles. We find that cars past 4 years and/or 50,000 miles have increased repair cost risk due to the wear and tear on the car and are without any warranty protection. Cars with 60,000 to 90,000 miles can begin to show major repair costs (steering, transmission, brakes, tires, battery, water pump, etc.) that can cost you thousands. The money you save on the purchase price may be quickly taken up by high cost repairs.
Visit www.iwautosales.com and see our selection of late model cars with low miles, young age and factory warranty. These cars are the best value in our opinion.
Thanks in part to its upscale cabin, abundance of cargo space, and outstanding predicted reliability rating, the 2018 Kia Soul rates a #1 in the US News compact car rankings. The base model is a great value, and higher trims are playful and nicely equipped.
The 2018 Kia Soul stands out from nearly all other compact cars for a number of reasons, including one of the longest warranties in the class. A few downsides include an underwhelming base engine and low fuel economy. Beyond that, it has a high-grade cabin, ample interior space, poised driving dynamics, and a perfect five-out-of-five predicted reliability score.
Whether you're looking for a compact car, a hatchback, or a small crossover, the Soul stacks up well against its rivals. It has the lowest price tag in the compact car class, and it’s cheaper than some subcompact SUVs like the Honda HR-V and Mazda CX-3. The Soul also offers more total cargo room than these crossovers, making it a good bang for your buck. The Soul is an even better buy if you move above the base trim and add amenities like a turbocharged engine, an infotainment system, and driver assistance features.