Thursday, November 12, 2015
Is Toyota Corolla really worth as a first car?
I'm an 18 year old guy, soon to be looking into a first car, and my sister drives a 2001 Corolla. Her car is many, many problems and is causing her and my dad a lot of money for fixing. She only drives her car to a train station about 10 mins away from our house, and she takes the train to work. So she doesn't drive the car enough for it to depreciate quickly.
A Honda is definitely not an option for a first car because they are one of the most expensive cars to insure according to my insurance company as a result of their safety crash test ratings and so on. Corolla is too, but I can have my dad pay for half he insurance until I get a car that's cheap to insure.
Added (1). @Anne. I thank you for your response to my question. You do have a point indeed. Any car that is that old will eventually depreciate. My cousin told me that BMWs are cheaper to insure than both Honda and Toyota, because some of them drive BMWs and are mechanic, they know alot about carss. And they are, however, Although they encourage me to drive BMW as well because of its safety and reliability, I'm looking into something that's cheaper to insure, reliable and safe. And affordable.
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