About to buy my first car, am I making a mistake? It's 2019 Corolla for 25K CAD (18K USD) all in. 45K kilometres (28K miles). I have 75K saved and earn 100K a year. It just feels too expensive, but it's hard to find something decent for less. Thoughts appreciated!

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I just bought my first car recently and decided to just get a new car given the current market. I got a Mazda CX 50 and love it

That’s not a bad move at all - will last you many hassle free miles

Why not just lease rn til market cools down more. Like a 3 year

Can’t you buy a new one for almost the same? Lol

You just need to keep doing the leg work and call any and all dealers

Do you need it or want it? Can you afford it?

Then go buy it - Corolla is a solid choice, they go forever and maintenance and repairs are cheap

I was in the same boat , bought a used Honda accord (2018 with 18000kms) for 26k CAD (with taxes). It’s very cheap to run and maintain , I have had it for 1.5yrs. Corolla should be very similar, if not better. My financial situation (comp + savings) is similar. I plan to keep the car for the next 10yrs

Check the 2023 Kia Niro. Mpg is insane for the price.

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