Tuesday, May 12, 2015

Let the car search begin!

I’ve started a bit of a car search, and I turned to the interwebs to do the search.   Amusingly, my efforts produced quite a starting list of vehicles.     Based on the response on Facebook, I’m going to try and do some blogs on it.  

The basic premise is this.   I have 4 more payments on my lease of a 2013 Acura ILX, a car which I’m not particularly pleased with.  After owning a 2005 Acura TL and then a 2010 Acura TSX, both of which I liked, the ILX is underpowered and feels cheap.   I’m determined to do better this time around, and so I’m being much more deliberate in my search.

In January, I test drove an 2015 Acura TLX — a perfectly reasonable car.   It was better than the ILX by a lot, but felt a bit “big”.   So, here I go on the search. 

Scott Lepre messaged me after my Facebook post, and asked some very reasonable questions.  Here’s his questions — and my answers.

1. What's most important: power (ie, speed, accleration) or handing/feel. There are many options for power but "feel" is something you really only appreciate once you've had a car with it.

Tough question!   I think I’d have to say feel, although it’s been a while since i had that.   One of my measurements of fun of a car is that moment when you’re at a stop light — does the accelerator cause the vehicle to take off, or is there a delay?  Does the accelerator have more than two modes — moving and really moving — which is what the ILX has, or do I feel like I can precisely control the acceleration, the way I could with the TL or the TSX.

 

 

 

2. Do you care about all wheel drive vs. front or real wheel drive. I always like awd but it does limit your choices. I also need to be able to get to work regardless of snow so I need awd.

 

I’ve never had AWD. I don’t care about weather that much — if it’s snowy and I don’t want to go out, I won’t. I work from home, so this isn’t a “need to get to the office” or “need to get the kids” kind of car. If it’s nasty out, I stay home. I want the car to handle well, and if AWD gets me that, great, else, well, whatever is most fun.

3. Do you care about 2 door vs. 4 doors.

Not really. My family is Sharon, myself, and our two cats. In my ILX, I can likely count on one (maybe two) hands the number of times I need the back seats for passengers. It needs to fit Sharon and I and a weekend of luggage, or my own bags for a week or two of travel to the airport, and that’s probably it.

 

4. What is your target price range?

Ah, price. I actually don’t look at cars as a “how much am I paying for the vehicle”. I look at how much the monthly payment is, and does it get what I want. I paid $425 a month for the TL. I paid $452 a month for the TSX. I pay $395 a month for the ILX. I anticipate I could probably put down about $3K or $4K for my new lease, and I’d like to keep the monthly payments the same. Or, I could always buy the car and get a 1.99% type APR, but I anticipate I’m going to want a new one in about 3 years anyway (the Tesla Model III comes out then!), so I’d be selling it at that point, so the goal is enough value in the car to get rid of it then. Thus, the goal isn’t price as much as monthly budget. From basic research, without looking at a specific price, it seems that cars in the $35K - $45K are all doable on a lease of about $400/$450 a month. I’m happier at $400, slightly less at $450, but we’re looking to land in this range.

The current list of vehicles on the “To Test Drive” list.

Audi: S3, S5, A4, A5, TT
B
MW: 235i (or possible 3/4 series)
Mercedes B
enz: C-350, E350
Lexus: RC 350
Ford: Fusion, Mustang

I'm eliminating the following:

Lincoln MKS - just don't like the look.
Chevy Volt -- look, plus if I'm doing electric, I'm going to buy a Tesla.  I’d need to do an electric hookup at the house, which isn’t standard on the townhouse, and so that’s a fight for another year.   

I'm also eliminating the Hot Hatch category, more just because while I get it, I'm not a huge fan. The Mini Cooper, Volkswagan MKVII GTI and Ford Focus ST Ecoboost are all nice vehicles, but just not for me.

The target is to get the new vehicle around late July / August, and I figure considering how much research and test drives I have to do, I’m going to need the time.   Finance deals from the dealer matter  if they make it easier, thats an influence.  While my lease expires in August, Virginia state law says I can go month-to-month for up to two years, so I’m not under time pressure.

I’m currently thinking I’ll blog it all — why not!

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