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YACT: Chevy Aveo

Scouzer

Lifer
Yeah, another car thread by me. But its for me, not my dad this time 😀

OK, so my Chevy Beretta is starting to pour oil on the street so I'm thinking its time to get rid of that damn thing. I have $3200 off a GM that is only valid until Dec 31. Lastly, dealerships can't get rid of Aveo's if their lives depended on it...

Invoice - $13,462 - I should be able to get this no problem from the desperate dealerships
Rebate - ($2250)
My discount - ($3200)
Downpayment - ($3000)
Freight - $950
Tax - $940

Total: $6902

4.9% interest which sucks but I'd only do a 12 month loan.
 
Just one thing to remember the Aveo is a rebadged Daewoo Kalos.
Cheap and Korean, I wouldn't expect too much out of it.
Edit: I see you would only do a 12 month loan. I say go for it! If you get 3-5 years out of it reliably its worth it.

What about a Cobalt instead of an Aveo?
 
Get a decent 10yr old 4cyl Honda Accord or Toyota Camry. Even it they need some repairs it will still cost less and be better than the Aveo. Even a 5yr old Corolla or Civic would be better.
 
I'm just having a hard time not letting these discounts goto waste. $3200 is a lot to throw down the pooper...
 
Originally posted by: Scouzer
I'm just having a hard time not letting these discounts goto waste. $3200 is a lot to throw down the pooper...

$6902 is a lot to throw down for a pooper.
 
Originally posted by: mwtgg
Originally posted by: Scouzer
I'm just having a hard time not letting these discounts goto waste. $3200 is a lot to throw down the pooper...

$6902 is a lot to throw down for a pooper.

Especially considering that the car will only be worth that much as soon as you drive it off the lot.
 
Originally posted by: Ryan
Originally posted by: mwtgg
Originally posted by: Scouzer
I'm just having a hard time not letting these discounts goto waste. $3200 is a lot to throw down the pooper...

$6902 is a lot to throw down for a pooper.

Especially considering that the car will only be worth that much as soon as you drive it off the lot.

Even moreso considering the real total is $9902 thanks to a $3000 down payment.

Edit again >> I was correct afterall
 
UGH... aveos have horrible engines that are gutless throughout the entire range. doing something as simple as passing a car is annoyingly slow. suspension is soft and driving dynamics are worse than a kia rio(alrigt i take that back. driving dynamics are marginally better than the worst driving car on the planet, the old kia rio(the new ones(2006 and beyond) are better driving than the aveos though.)

please. do your dad a favor and instead of doing something that is the equivilent of socking him in the face and then running him over with a M1 tank. multiple times.(which is much more fun than owning a aveo), get him a decent car like a cobalt, corolla or the new civics.
 
Originally posted by: Scouzer
Yeah, another car thread by me. But its for me, not my dad this time 😀

OK, so my Chevy Beretta is starting to pour oil on the street so I'm thinking its time to get rid of that damn thing. I have $3200 off a GM that is only valid until Dec 31. Lastly, dealerships can't get rid of Aveo's if their lives depended on it...

Invoice - $13,462 - I should be able to get this no problem from the desperate dealerships
Rebate - ($2250)
My discount - ($3200)
Downpayment - ($3000)
Freight - $950
Tax - $940

Total: $6902

4.9% interest which sucks but I'd only do a 12 month loan.

Um, your total should be $9902. It's a tough call. I usually don't recommend buying econocars brand new, but you do get the warranty.
 
Originally posted by: Squisher
I'd go for the Cobalt.

Or a stripper G6 at the least. I'd rather buy a good used $7,000 car than a brand new turd for a similar amount.
 
you mean DAEWOO aveo

for $7k, you can get a brand new sentra for $3k more.

as with that discount... i'd just buy anything popular and sell it immediately.
 
Originally posted by: Ryan
I wouldn't buy an Aveo - I'd be looking at a used car instead of it, because it's crap.

my ex bought one

i agree

worst part is she paid almost 14k +TTL with a $500 down payment on a 6 year loan.

what a moran.
 
After reading this thread, I went to check out the opinion at Edmunds. The following makes the car not worth it, IMO:

"Speaking of the "American Revolution," it's interesting to note that while this car wears a Chevy bow tie on its grille, it isn't actually built here in America. In fact, the Aveo is based on the Daewoo Kalos platform, which sold quite well in Korea and Europe before the company went belly-up and was incorporated into the GM empire."

"On the road, the small hatchback can best be described as basic transportation. It will effectively take its occupants from the proverbial Point A to Point B, but that's about it. The only engine available is a 1.6-liter inline four that cranks out a paltry 103 hp at the very top of the power band (5,800 rpm) ? and unless you're willing to severely sacrifice fuel economy by running the engine hard, you'll have to make do with significantly less than that."

"Our tester came equipped with a five-speed manual transmission that suffered from long throws, an imprecise shifter and the bizarre tendency to pop out of third gear while the car was in motion. To make matters worse, GM/Daewoo engineers apparently decided to use very wide ratios in the transmission in an effort to cut shifting to a minimum around town. While this would have worked in an application with a little more horsepower, the Aveo was severely underpowered going up most hills and inclines, causing us to run in third gear on the freeway on more than a few occasions. Therefore, the fuel mileage suffered greatly and we only managed to achieve an average of 23 mpg ? quite low for a car in this class."


If I were in your shoes, even for the price, the Aveo would probably be the last thing I would consider. If you could spend a little more, I would advise looking at a Pontiac Vibe. They're more expensive, starting around $14k I think, but you can get Toyota build quality in a compact sport (mini)wagon that gets ~30mpg in town, and nearly 40mpg on the highway, with more horsepower and, I would assume, more space all around.

Beyond that I would probably look into something used for around $7k. I'm sure you can find a decent used car for around $7k that would be bigger and better than the Aveo. When I was looking around cars a few months ago, I was pricing lightly used '00 to '02 Ford Focuses and Dodge Neons for around $5k. I ended up with a '95 Accord wagon with 80k miles for $6k, which was a thousand less than sticker and a few hundred lower than the TMV that was listed on Edmunds.

 
I rented an Aveo last month in Vegas. It feels very fragile, can't get out of its own way (seriously...just stay in the right lane and go with traffic and never EVER try to pass anybody on a two lane road), doesn't get very good mileage for its size/power (I got 32mpg on the highway - way too low for a tiny gutless wonder IMHO), and just feels very dangerous to drive.

D
 
The other argument I thought as I was going to sleep last night is these cars are worth $7500 when traded in a year old with average wear. So a private sale of 8500...I'd get for $9800...that isn't bad depreciation!
 
Originally posted by: Aftermath

If I were in your shoes, even for the price, the Aveo would probably be the last thing I would consider. If you could spend a little more, I would advise looking at a Pontiac Vibe. They're more expensive, starting around $14k I think, but you can get Toyota build quality in a compact sport (mini)wagon that gets ~30mpg in town, and nearly 40mpg on the highway, with more horsepower and, I would assume, more space all around.

The vibe, which is just a rebadged toyota matrix sort of has me interested. The car is ugly, but that doesn't concern me as much as the pros you listed. And a hatch/wagon is definately handy.

But what kind of incentives are we talking from GM/pontiac versus Toyota. Because the MSRP on the base vibe is listed on their website as 16,990 whereas the base matrix is listed as 15,110. I know GM is likely to throw more incentives out there but how much more? Which one is cheaper in the end. Does Pontiac offer a better warentee?
 
Originally posted by: PingSpike
Originally posted by: Aftermath

If I were in your shoes, even for the price, the Aveo would probably be the last thing I would consider. If you could spend a little more, I would advise looking at a Pontiac Vibe. They're more expensive, starting around $14k I think, but you can get Toyota build quality in a compact sport (mini)wagon that gets ~30mpg in town, and nearly 40mpg on the highway, with more horsepower and, I would assume, more space all around.

The vibe, which is just a rebadged toyota matrix sort of has me interested. The car is ugly, but that doesn't concern me as much as the pros you listed. And a hatch/wagon is definately handy.

But what kind of incentives are we talking from GM/pontiac versus Toyota. Because the MSRP on the base vibe is listed on their website as 16,990 whereas the base matrix is listed as 15,110. I know GM is likely to throw more incentives out there but how much more? Which one is cheaper in the end. Does Pontiac offer a better warentee?

Vibe comes with more stuff standard like A/C. Vibe will come cheaper but you will lose significantly more in resale....

Same warranty
 
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