The decision between buying a car brand new or a second hand depends on every person. Some will argue that there is no point in buying a brand-new car because its value depreciates quickly, especially during the first three years. You are basically throwing away thousands of dollars. This does not sound financially smart unless you have extra money that you can spare to lose.
Buying new cars also puts you in the first line of the fire if there are issues with the car’s components, such as its engine, transmission, and airbags. Of course, there are obvious advantages to buying a brand-new car. Buying a car brand new comes with a warranty. You also get to enjoy the latest in automobile technology. This means you might be driving a car that has superior gas mileage compared with older models. The latest models also employ the latest in green technology, so your car might have lower emissions.
Buying secondhand cars also have their share of advantages. For one, you are buying at a lower price. Someone else is taking the biggest depreciation on the price of the car. It is also easier to save up for a used car and pay it fully in cash.
One of the most obvious disadvantages of getting a used car is that it might not be as efficient and reliable as it was when it was new. Another disadvantage is that you cannot always choose the color that you prefer. You might have to make a compromise between your choice of color and the mileage of the car.
With all that said, there are classic models that you have no choice but to buy secondhand because they are no longer available brand new. These cars are now even cooler because they are rare. Here are five car models that you can get secondhand but will still be worth it.
2002-2004 Subaru WRX STi
Its iconic shape and overall look make it a favorite among enthusiasts. It is also the first North American WRX STi line introduced at the North American International Auto Show in Michigan in 2003. It has a 300-hp engine, which produces a torque of 300 foot-pounds. The WRX STi has a six-speed manual transmission and is equipped with 17-inch wheels.
When you get one, make sure to have it fully checked and serviced, so you will know whether you will need a Subaru cylinder head gasket replacement, among others.
1994-1998 Ford Mustang Cobra
Nothing says classic and cool at the same time as this gem. While its popular predecessor, the Fox-body Mustang, is priced too high, the SN95 Mustang is somewhat of a dark horse. Although not as popular as the Fox, the SN95 has a rigid chassis, which is more stable than Fox. It also has better handling and is visually more appealing, both inside and out.
It has a 5.0-liter V8, rated at 215 hp, under its hood, and it can go from 0 to 60 in a span of 6 to 7 seconds. It comes in in a five-speed manual transmission or a four-speed automatic transmission. While it sounds exciting for you now, keep in mind to ask for the maintenance handbook so you will know what issues you should look out for and which were already addressed by the previous owner.
1997-2004 Porsche Boxster
Though it is considered the cheap Porsche, it is still a Porsche. The Boxster comes with a 201-hp 2.5-liter six-cylinder engine. Mind you. The engine is not located under the hood. It is beneath the interior carpet and some panels. You must go to your dealer or a service center if you want to have the engine checked and serviced since you have to go underneath the car.
The Boxster has an excellent braking system, as all Porsche units do. Handling is fine, and the airconditioning is also modern and energy-efficient. You also get to enjoy a fantastic sound system. The best part is, you can buy one for less than $15,000.
2008 Pontiac G8 GXP
If you want a piece of history in your garage, then the Pontiac G8 should be on your list. This seemingly simple sedan with a six-speed manual transmission has a Corvette engine, a 6.2-liter monster rated at 415 horsepower. It is a dream for sedan lovers.
Unfortunately, because of its low sales, Pontiac discontinued the G8. Months later, Pontiac also closed its doors. However, do not expect this beauty to come in cheap.
1996-2002 Dodge Viper GTS
Speaking of cool, nothing looks more contemporary and amazing than this Viper. Considered as one of the best looking cars of the ’90s, it is a favorite among enthusiasts. With a rating of 450 horsepower, this beauty can give you the thrilling ride of your life. Even by modern standards, this car packs with superior performance.
Nothing beats a classic, and with these monsters in your garage, you will definitely feel like you’ve hit the jackpot.