IF you buy new, you will lose 30% as soon as you drive of the lot.
Sure you will have a new car but you would probably be better off buying a 2-3 year old car and save yourself the high premium and depreciation factor. Doing it this way will insure the car retains some value as opposed to the quick dropoff.
Up here I am seeing some 2000-2001 honda civics with about 50-60k Kms on them going for around 10k.
In my opinion its the best car for the price, reliability and resale value hands down.
Parts are cheap and they will drive forever.
They dont have much torque, but hey its a honda.
