Over msrp
so i wasn't sure where u were coming from, but sure, most (but not all) cars depreciate.
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Instructor
Joined: Apr 2001
Posts: 934
Likes: 198
From: N. CA
they legally cant sell over MSRP up here in canada, but this is just how riduculious the situation is for canadians:
Friend of mine got into an accident and her elantra got written off. She needs a car to work her 2 jobs to pay her insane vancouver mortgage. She tried to buy a corolla and was told to wait 4-5 MONTHS for a Corolla LE. All inbound corolla's were spoken for and the earliest (if the deal cancels) was in August. She asked all the dealers in the area (there are 5 toyota dealers in this city) and they all said the same thing. NO INVENTORY... on a corolla..... LE.
Other popular models are taking even longer. Sienna, for example, is a 2 year waitlist. She might be forced to take a Hyundai Kona as thats the only thing within her budget and they still have inventory. Yeah no doubt they have inventory, those things are garbage.
Friend of mine got into an accident and her elantra got written off. She needs a car to work her 2 jobs to pay her insane vancouver mortgage. She tried to buy a corolla and was told to wait 4-5 MONTHS for a Corolla LE. All inbound corolla's were spoken for and the earliest (if the deal cancels) was in August. She asked all the dealers in the area (there are 5 toyota dealers in this city) and they all said the same thing. NO INVENTORY... on a corolla..... LE.
Other popular models are taking even longer. Sienna, for example, is a 2 year waitlist. She might be forced to take a Hyundai Kona as thats the only thing within her budget and they still have inventory. Yeah no doubt they have inventory, those things are garbage.
Instructor
Joined: Mar 2015
Posts: 1,197
Likes: 831
From: Vancouver BC
We ended up putting her in a Mazda 3 AWD. A little bit cheaper than the Kona, but at least it drives quite decently and ill take Mazda reliability over Hyundai's. She's taking delivery next week.
Instructor
Joined: Apr 2001
Posts: 934
Likes: 198
From: N. CA
The Mazda 3 is a perfectly capable car with AWD, just a little lower in ground clearance. Well executed interior design and well use of quality materials. This to me a even better choice than the Kona.
