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Unread 03-19-2013, 04:21 PM   #1
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Default Reliable and affordable SUV?

Hello..

This may sound a bit strange, but I live in NYC and subway to work. I have no need for a car Mon-Fri. On the weekends, I rent cars often for trips. I am debating whether it would be smarter to just buy a car instead of continually renting (I will park the car out of the city to reduce parking costs).

Please let me know if you have any suggestions for SUVs that fit the following criteria?

1) The car must be reliable enough to withstand sitting for up to two weeks without use and reliably start. The car will be kept in a garage.

2) I do not care what the car looks like and MPG is a small concern.

3) I have enough saved that I could theoretically purchase a car up to 30k, though I would feel silly about this since I am only using it on weekends. Also, I am not convinced that I will use the car enough for its purchase to be worthwhile. A car or year that would keep some residual value if I changed my mind would be perfect. Ideally I will spend under 10k for this car (again, look does not matter, only that it works).

4) Is it smarter to lease a car so that I can get the reliability of a newer car without shelling out 30k? Or from an investment perspective, is it better to buy a new car and sell it later?

Thanks.

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Unread 03-19-2013, 05:10 PM   #2
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I have owned a 2006 Mitsubishi Outlander for over a year now and no repairs needed. It's a quality Japanese built SUV. AWD for winter and 4 cylinders for economy. Judging by the quality of the build expect this to be a very reliable vehicle. The reviews & reliability on MSN indicate this is an above average reliability vehicle.

You should be able to find a low mileage one for about $10,000
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Unread 03-19-2013, 05:48 PM   #3
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thanks...how long on avg can i let that car sit without using it? How much value do you guess it loses after 2 years and 15k miles?

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Unread 03-19-2013, 06:21 PM   #4
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How long you can let is sit is dependent on the battery condition and if you have parasitic draw.

You should be able to let any vehicle sit several weeks. The Outlander usually doesn't sit more than a day or two, my Jimmy can sit a couple of weeks and I have no problem starting it.

Depreciation on a new vehicle is pretty drastic the first couple of years, probably 5 grand or more the first 2 years.
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Unread 03-19-2013, 09:07 PM   #5
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Nothing should have a problem sitting for 2 weeks.
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