Automotive

Replace our cars in Covid context

  • Last Updated:
  • May 14th, 2020 3:02 pm
[OP]
Deal Addict
Jul 23, 2008
1157 posts
311 upvotes
Montréal

Replace our cars in Covid context

Hi !
We are looking to replace our cas. My wife have a Kia Sedona 2009 with 170 000 km that begin to leaks oil and show it's age, I have a 2011 Hyundai Elantra with 140 000 km and I hate my car for 2 years !

We have 10 000 $ cash and I guess we can get around 5-6 k for our actual cars. We also have a mortage line of credit which is at 2,95% now.

We need one family ride (we have 2 kids of 8 and 11 years old) that we will use for road trip. That one will replace the Sedona . We will need a second car so I can go to the job.



Option 1: Kia Sorento/Hyundai Santa fe 2017 awd (should cost around 22 k) and a small car like a Subaru Impreza 2016around 14 k.
Option 2: Get a new car for the family (which one ?) and a 2014 car for me that would cost 10k max.

What would you do ? Thanks !
36 replies
Deal Expert
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Feb 11, 2007
18064 posts
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GTA
During these uncertain times the general advice would be to save money and avoid new large purchases. That said, if you really do need a new car because the old ones are too unreliable, then try to wait a month or 2 if you can as the dealers should be open and there should be some great deals coming up.
If the women don't find you handsome, they should at least find you handy.
[OP]
Deal Addict
Jul 23, 2008
1157 posts
311 upvotes
Montréal
Thanks ! We dont need to save money (we already have 20 k as an emergency fund), salary insurance and our jobs are very secured (I'm a teacher and my wife is a school psychologist).

I guess we can easily wait a month or 2.
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Feb 11, 2007
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tostaky wrote: Thanks ! We dont need to save money (we already have 20 k as an emergency fund), salary insurance and our jobs are very secured (I'm a teacher and my wife is a school psychologist).

I guess we can easily wait a month or 2.
OK, I don't feel like 20k is a large emergency fund, especially in these times, but since you're both in teaching then you should be pretty secure. Are teachers getting full pay to stay home right now?
If the women don't find you handsome, they should at least find you handy.
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Oct 6, 2010
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Toronto
Get a brand new micra or even better, mirage for you and get a loyalty discount from hyundai/kia on your sedona trade for a lightly used suv. Blow that cash.
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[OP]
Deal Addict
Jul 23, 2008
1157 posts
311 upvotes
Montréal
20k is enough for us, it's 6 months of our mensual expenses. Yes we are fully paid but we work. I teach online. And my wife still have to do work to and her school should reopen may 25.

Our job is the most secured thing we have !
[OP]
Deal Addict
Jul 23, 2008
1157 posts
311 upvotes
Montréal
george__ wrote: What about a cx9?
Nothing against that idea, but the price is 6-7k more that and equivalent santa fe or Sorento
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Jul 22, 2006
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tostaky wrote: Nothing against that idea, but the price is 6-7k more that and equivalent santa fe or Sorento
3rd row
[OP]
Deal Addict
Jul 23, 2008
1157 posts
311 upvotes
Montréal
we dont need a 3rd row....and santa fe and Sorento also have it
Deal Addict
Sep 8, 2017
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What exactly is the "Covid context" here?
Sr. Member
Apr 29, 2007
720 posts
415 upvotes
Richmond Hill
derass wrote: What exactly is the "Covid context" here?
It means that plexiglass barriers are needed. I suggest a police car.
Deal Fanatic
Sep 1, 2004
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derass wrote: What exactly is the "Covid context" here?
Just like the other 20 threads about how to exploit the situation for best possible deal.

All I can say is OP, you are in luck if you are looking for used car. Keep shopping and finger on the pulse and pounce when you found something.

Like this could be your Elantra replacement. EV too if you are ok with range and it's clean. Only 30k km on odo. You can easily do another 100k.
2017-ford-focus-electric-grey-color-ci- ... r-2374469/
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Mar 7, 2007
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OP, why do you want to consider another Korean car?

You said that your 2009 Kia Sedona leaks oil, and that you hate your 2011 Hyundai Elantra. But you are still thinking about a Kia Sorento or a Hyundai Santa Fe. Why?

I just wonder if getting another brand may be better for you...
Newbie
Jun 16, 2017
72 posts
69 upvotes
Markham
Option 3: buy two used 2017 honda civic hatchback or older Honda fit.
Invest in snow tires. You don't need awd.
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Dec 23, 2003
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Being a Toyota guy, why not get a used Rav 4 and another smaller car like a used corolla? Both will be far more reliable than the Kia/Hyundai vehicles you are considering. 2009 with 170K and 2011 with 140K is not that high mileage at all. Hell, I would be royally pi$$ed if I had to replace vehicles with that low mileage. I have a 2012 Camry with 167K on it and drives just fine. Does not show its age compared to my Dad's 2014 with 90K on it.

Your kids are older so you won't need space for a stroller and that crap. The Rav has decent cargo even for sports gear (unless they are hockey goalies, then you need a Sienna!)

Toyota's are more expensive which is why I suggested the used route. The vehicles definitely last a long time if well maintained and cared for. Kias/Hyundai give you more value at the cost of reliability. They are cheap for a reason.

Even though your jobs are secure, I am a pretty conservative person and prefer to have reliable transportation and $$ in the bank vs. a new car.

Just a few things to think about.
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[OP]
Deal Addict
Jul 23, 2008
1157 posts
311 upvotes
Montréal
highttech: We dont need to change it, we want to change them ! The oil leaking could be something very small (we have an appontment next week).
[OP]
Deal Addict
Jul 23, 2008
1157 posts
311 upvotes
Montréal
iamhereredflagdeals wrote: Option 3: buy two used 2017 honda civic hatchback or older Honda fit.
Invest in snow tires. You don't need awd.
No thanks. We need one bigger vehicle because we do many road trip each year and sometimes we go camping so we need luggage space !
Deal Addict
Mar 8, 2007
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motomondo wrote: OP, why do you want to consider another Korean car?

You said that your 2009 Kia Sedona leaks oil, and that you hate your 2011 Hyundai Elantra. But you are still thinking about a Kia Sorento or a Hyundai Santa Fe. Why?

I just wonder if getting another brand may be better for you...
because on the used market they are killer value for money.
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[OP]
Deal Addict
Jul 23, 2008
1157 posts
311 upvotes
Montréal
Exactly on used market it's almost impossible to get as much for the price. They are not bad cars, no problems with our cars, like i've said the oil leakage can be anything for now.

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