Finance Questions

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Question: Which car would you choose? Husband is buying a car?

Brand spanking new Ford or a used Volvo with 80K miles on it? Same price. Husband and I will be buying a car cash soon enough. We are anti financing so paying cash will allow for these sort of choices. Which would YOU pick?

Answer: Although I was and remain a fan of Volvo product the influence Ford has had on the brand does not make it a good choice these days.

In buying a car these days there are a number of questions you need to answer before any recommendations would be applicable.

How is it to be used?
Daily driver?
Length of commute?
Space for groceries?
CHILDREN?
Travel plans?
Service availability?

I think you are on the East coast so service should not be that tough but were
you in Nebraska I would not say Volvo.

The cost of service may take Volvo out of the mix and the frequency of service for quirks might also do the same thing for Ford.
I guess I would say neither.

In the auto market today I would look at mostly Japanese brands and have had very good luck
with Honda, Toyota and Mazda.

Personally, I would not buy a Korean brand. Kia is very near Saturn status and may be shut down to defer to the parent company Hyundai. They may make good cars but much like out Saturn may fall victim to a shrinking dealer network.
As is usually the case the better of the U.S. brands have been shut down , Pontiac and Saturn.
Saab has been spun off and who knows where it is going.
Volvo has been Fordized and is no longer the reliability king it once was. 80,000 miles puts you right in the range for replacing high price items like, alternators, timing belts, water pumps, rack and pinions etc etc etc.

For the same money i would take a good look at Mazda 3 or Toyota Camry or Honda Accord.
With 80K Toyota and Honda are just warming up.

A 2009 Mazda 3 with 35K is less than $15K.

Geely Completes Purchase of Volvo; BNP, HSBC Profits: Video