I AM ON THE horns of a dilemma. Feel free to chime in.
I’ve been thinking of buying a new car, but I can’t come up with a very good reason to do so other than it would be nice to have a new car. Does that justify the financial outlay? Not really.
The 2009 Honda CR-V we have owned for almost a decade runs great. It’s never given me a lick of serious trouble. Honda makes wonderful cars.
In the last year or so, two large plastic covers have come loose beneath the car. They were easily and cheaply reconnected, but is that a hint of more serious trouble ahead?
I’m concerned about the airbags that have been packed tightly in there somewhere for 10 years. Will they still deploy correctly if needed? Mexicans drive like lunatics, so airbags are wise south of the border. It was the primary reason I bought the Honda in 2009. Our previous Chevrolet Meriva lacked airbags.
There is the matter of the Honda depreciating every year, and a new car increasing in price every year. Would it be cheaper to switch now? Most likely.
The Blue Book value of the Honda currently sits at 125,000 pesos. The price of the car we would buy, a 2018 Kia Soul EX TA, is 332,000 pesos. The difference between those two at today’s exchange rate is a bit over $10,000 in U.S. bucks. I would use dollars from above the Rio Bravo.
The exchange rate is very favorable now due to Trump and AMLO, and may it continue that way at least until January.
I would have to wait till January to make a purchase due to Gringo tax issues. The 2019 Kias would be available then, one supposes. Maybe I can get a deal on a leftover 2018.
What would you do in my spot, and why? Gracias in advance.