Is it a bad time to buy a new car? 2022 Civic Touring vs. 2021 Accord LX

Everything will be obsolete eventually.

Used pricing is crazy right now so it can make more sense to buy new.

Ecsta wrote: ↑ Everything will be obsolete eventually.

Used pricing is crazy right now so it can make more sense to buy new.

I mean it's a Civic so I was planning to drive it for 15-20 years.... seems like self-driving cars are just around the corner though

Test drive both first. Car reviews say the new Civic feels as premium as the Accord. If that's true in your test drive, it makes more sense to go with Civic for the features on the touring level. The only big difference other than the size is the added technology (heads up display) and rear vents, which are likely not available on the LX trim. The engine is about the same, and transmission is very similar. On paper Accord has more horsepower but people have dyno'd the Civic 1.5T to have between 180-200hp on the wheel. Also Civic is much lighter which aids in acceleration.

Future electric vehicles, self-driving vehicles, atomic vehicles, AI vehicles, quantum vehicles, etc. etc. does NOT really matter for this decision.

For the foreseeable future, there will be need for used ICE cars that are in good shape.

Tons of people don't have a specific need for an EV. For example, anyone else driving less than 15,000 kms per year. That driver would be better off buying a used 5-year old Civic than a brand new EV.

KanataKG wrote: ↑ I mean it's a Civic so I was planning to drive it for 15-20 years.... seems like self-driving cars are just around the corner though

If you have somewhere to plug in an EV, do the cost comparison over a 15-20 year time period factoring in that gasoline costs 6 to 8 times as much as electricity. Even at current gas prices (assuming they won't rise) for an average driver over the long term, the Civic is going to be significantly more expensive than a Tesla Model 3. Assuming realistic annual cost savings of $2000, over 15-20 years you could be saving $30 to $40,000 in operating costs.

I bought a brand new Civic in 2006 for $15,500....pricing has officially gone nuts.

Rob_EV wrote: ↑ If you have somewhere to plug in an EV, do the cost comparison over a 15-20 year time period factoring in that gasoline costs 6 to 8 times as much as electricity. Even at current gas prices (assuming they won't rise) for an average driver over the long term, the Civic is going to be significantly more expensive than a Tesla Model 3. Assuming realistic annual cost savings of $2000, over 15-20 years you could be saving $30 to $40,000 in operating costs.

I bought a brand new Civic in 2006 for $15,500....pricing has officially gone nuts.

Comparing a $35k with a $60k car. Oh RFD

geokilla wrote: ↑ Comparing a $35k with a $60k car. Oh RFD

More like a $30k car (depending on options) vs a $48,640 car ($18,000 difference).

Too many uninformed who don't know what cars cost when the no-haggle price is clearly posted online.
$47,990 (however the current federal incentive is taxable which is not taken into account in this pricing calculation - add $650).

geokilla wrote: ↑ Comparing a $35k with a $60k car. Oh RFD

To him Teslas are the best cars in the world as if none other EV exists. Until you get into an accident, then you'll have to wait a season or two for parts.

He also always forgot that a property that can plug in a EV usually costs 300-400k more than one that can't. Which offset fuel saving by too many folds.

Out before this thread turns into an EV debate started by Rob_EV.

Rob_EV wrote: ↑ More like a $30k car vs a $48k car ($18,000 difference).

Too many uninformed who don't know what cars cost when the no-haggle price is clearly posted online.
$47,990

Civic Touring is roughly $35k after taxes and a slight reduction from negotiations. Tesla Model 3 with FSD and optional paint colour is $62k before the $5k federal incentive. If you're comparing a fully loaded Civic to a Tesla Model 3, it's only fair you compare it with the Model 3 with FSD.

Now the OP's username is Kanata so he probably lives in Kanata. At the very least he lives in Ontario judging from his prior posts. He may be able to install an EV charger but assuming he cannot, then charging the car will be an issue.

geokilla wrote: ↑ Civic Touring is roughly $35k after taxes and a slight reduction from negotiations. Tesla Model 3 with FSD and optional paint colour is $62k before the $5k federal incentive. If you're comparing a fully loaded Civic to a Tesla Model 3, it's only fair you compare it with the Model 3 with FSD.

Now the OP's username is Kanata so he probably lives in Kanata. At the very least he lives in Ontario judging from his prior posts. He may be able to install an EV charger but assuming he cannot, then charging the car will be an issue.

I wouldn't recommend ANYONE buys the FSD package for the current $10,600 asking price (the take rate is extremely low because it's currently not worth it) and there's nothing wrong with the base SR+ in pearl white.

OBVIOUSLY condo = Civic

I was just running the calcs for an EV. Could buy a VW ID4 for $40k ($5k more than the Civic) and you'd also save $35k+ over 20 years.

KanataKG wrote: ↑ I mean it's a Civic so I was planning to drive it for 15-20 years.... seems like self-driving cars are just around the corner though

Don’t over think it; get what suits your needs for the next 5 years. Your life situation will change incredibly over 2 decades.

Everyone thinks they will drive their car 15-20 years; rarely does anyone actually do it.

Buy something for a 5 year period. Sell and move on.

geokilla wrote: ↑ Comparing a $35k with a $60k car. Oh RFD

It's not RFD its just the same few people going into every car recommendation thread and recommending they buy a Tesla.

Buy a 1999 beige 'rolla to hold down the fort for 10 years, then splurge on the electric civic in 2030

Ecsta wrote: ↑ It's not RFD its just the same few people going into every car recommendation thread and recommending they buy a Tesla.

It's more about the cost comparison....the ID4 would definitely come out cheaper.

Ultimately, George is right. Likely won't keep a vehicle for 20 years (even if you think you will). I do still have my 20 year old vehicle (but it doesn't get driven - been about 10 years since I drove it).

Rob_EV wrote: ↑ If you have somewhere to plug in an EV, do the cost comparison over a 15-20 year time period factoring in that gasoline costs 6 to 8 times as much as electricity. Even at current gas prices (assuming they won't rise) for an average driver over the long term, the Civic is going to be significantly more expensive than a Tesla Model 3. Assuming realistic annual cost savings of $2000, over 15-20 years you could be saving $30 to $40,000 in operating costs.

I bought a brand new Civic in 2006 for $15,500....pricing has officially gone nuts.

What makes you think a Tesla battery is going to last 20 YEARS? I understood Tesla has a warranty for only 8 years. With several conditions.

The actual longevity of the car is still up in the air, but the battery alone is around USD $16,500 to replace, which would make the Civic a bargain.

once the flying cars are here, all other vehicles are obsolete.

motomondo wrote: ↑ What makes you think a Tesla battery is going to last 20 YEARS? I understood Tesla has a warranty for only 8 years. With several conditions.

What makes you think a Civic engine is going to last 20 YEARS? I understand Honda has a warranty for only 5 years. With several conditions. SMH

For reference:

Rob_EV wrote: ↑ What makes you think a Civic engine is going to last 20 YEARS? I understand Honda has a warranty for only 5 years. With several conditions. SMH

It sounds like you have no evidence. And you are trying to derail the thread. Again. OK.