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What is the price point for a nice car these days?

Chunkee

Chunkee

Lifer
Seems most reviews state poor quality, fit and finish etc. To get a nice refined car, it would seem one needs to spend around 35000 bux.

i am not talking econobox, nor accord or camry... and i know things have gone up in price...

but it appears that the G35 starts the gammut for a "nice" quality car with balance of materials used, performance, safety, finish..etc..

What others?
 
depends on definition. However, most are limited to their budgets. Obviously at higher price points more is spent on refinement.

 
Well, average cost of new car in the US is ~$29,000. So if you want something better than average, you're likely going to have to pay more than that if you want nicer new car.

Average cost of used car is ~$14,000. If you want nice car on a budget, get used luxury.
 
Originally posted by: Naustica
Well, average cost of new car in the US is ~$29,000. So if you want something better than average, you're likely going to have to pay more than that if you want nicer new car.

Average cost of used car is ~$14,000. If you want nice car on a budget, get used luxury.
Click to expand...

While the average new car is selling at $28k, the average buyer of even a new car is not shopping that high.
 
Originally posted by: alkemyst
Originally posted by: Naustica
Well, average cost of new car in the US is ~$29,000. So if you want something better than average, you're likely going to have to pay more than that if you want nicer new car.

Average cost of used car is ~$14,000. If you want nice car on a budget, get used luxury.
Click to expand...

While the average new car is selling at $28k, the average buyer of even a new car is not shopping that high.
Click to expand...

True.

 
well, your "econo boxes" are getting more features and power for an increased price. as for fit and finish, it's all relative.
 
Originally posted by: Naustica
Well, average cost of new car in the US is ~$29,000. So if you want something better than average, you're likely going to have to pay more than that if you want nicer new car.

Average cost of used car is ~$14,000. If you want nice car on a budget, get used luxury.
Click to expand...

Might go down a bit now, tho, with the death of the SUV. 😉
 
It depends on what your criteria are for "nice". But a typical midsized luxury car starts around 35K.
 
I would say $30k would get you a nice car, but I my criteria is pretty easy going. If it drives reliably I consider it a nice car.
 
Maybe it's just me, but I've sat in the '08 Accord, and I can't tell any quality difference between it and the '07 Jaguar that I checked out, or the G37S.
 
Anyone know what proportion of new car buyers borrow money to finance their purchases? Maybe I'm just poor, but I cringe at the thought of shelling out $30K in cash for a car.
 
Originally posted by: Arkaign
Maybe it's just me, but I've sat in the '08 Accord, and I can't tell any quality difference between it and the '07 Jaguar that I checked out, or the G37S.
Click to expand...

Did you not drive any of them. Makes a lot of difference.
 
Originally posted by: Mermaidman
Anyone know what proportion of new car buyers borrow money to finance their purchases? Maybe I'm just poor, but I cringe at the thought of shelling out $30K in cash for a car.
Click to expand...

Welcome to America, where people finance a new car every 2 years with a payment thats 70% of their income.

Ballers.

I'll be first to admit a new car IS a huge waste of money but thats just me.


OP: the G35 is known as a good car for your market.
 
I suppose as has been said the average price for a car is ~$28-29k.

To be honest I'm pretty surprised that the average price is so high. Of course it is inflated by the ultra-expensive cars purchased, but that is a small part of the market. Considering the median American household earns ~$48,000/yr and typically will own two cars, that would mean that the average household spends more on cars than it brings in per year.

I think people spend way too much on cars TBH. If you have money, then sure, go buy a nice car. I definitely would. But considering the financial position most people are in these days, there is no reason why they need anything more than a <$20k car like the Honda Civic or Ford Focus.

I would say you can get a decent car starting at just below ~$20k. If you want full features, then you pay more. But if by a nice car you mean something reasonably safe, high gas mileage, gets you from point A to point B.... then you do not need to spend $30k.
 
Originally posted by: Mermaidman
Anyone know what proportion of new car buyers borrow money to finance their purchases? Maybe I'm just poor, but I cringe at the thought of shelling out $30K in cash for a car.
Click to expand...

About 10% of car buyers pay all cash for their new car purchase. That means ~90% of car buyers finance their purchase. Certain higher end brands like Mercedes, Volvo, Audi, and BMW, around 33% of their buyers pay all cash. These buyers are usually wealthier than a typical car buyer so they're more inclined to pay cash.

I normally pay cash for my car purchases and always for toys. The only exception I'll make is if I can get 0% financing or if it's for my business. It's tough writing a check for say $50k+ but when you leave the dealership, you feel much better knowing you don't have to write a check every month and quickly forget the missing money.
 
Originally posted by: Naustica
Originally posted by: Mermaidman
Anyone know what proportion of new car buyers borrow money to finance their purchases? Maybe I'm just poor, but I cringe at the thought of shelling out $30K in cash for a car.
Click to expand...

About 10% of car buyers pay all cash for their new car purchase. That means ~90% of car buyers finance their purchase. Certain higher end brands like Mercedes, Volvo, Audi, and BMW, around 33% of their buyers pay all cash. These buyers are usually wealthier than a typical car buyer so they're more inclined to pay cash.

I normally pay cash for my car purchases and always for toys. The only exception I'll make is if I can get 0% financing or if it's for my business. It's tough writing a check for say $50k+ but when you leave the dealership, you feel much better knowing you don't have to write a check every month and quickly forget the missing money.
Click to expand...

You are THE Cheddar Man... 50 g checks indeed. Must be nice..


JC
 
Originally posted by: Mermaidman
Anyone know what proportion of new car buyers borrow money to finance their purchases? Maybe I'm just poor, but I cringe at the thought of shelling out $30K in cash for a car.
Click to expand...

I finance all of my new cars. Most I keep only one to two years though. On all but one, I have at least broke even.
 
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