Tuesday, December 8, 2015
Dirt on the 1997 Toyota Corolla? It's for a school debate coming up?
Our school is having a debate between three cars. The first is the 1997 Toyota Corolla. This is priced at $2000 dollars on the road with 174,000 miles. The second is a 2009 Hyundai Sonata, priced at $9500 on the road with 95,000 miles (this is the debate team I am in). And the Third is a 2015 Honda Civic priced at $2100 on the road with 0 miles on it.
The person that is buying the car has $2000 dollars cash and can qualify for all available loans. They drive 15,000 to 20,000 miles each year. Gas is currently $2.10/gallon. This person makes enough money that they can put (after car insurance) $500/month towards the car (car payment, repairs, gas).
Each of these cars is a more basic model, so there is nothing extra fancy about any of the vehicles.
Our group already has fine disadvantages to the civic, but we can't seem to find many for the Corolla. Anything you guys have would be great.
Thanks!
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