Tips on Buying Cars: New car buy, lexus models, acura tl


Question
Steve,

Thanks for taking my question.  I recently wrecked my car of 7 years and I suspect the insurance company will rule the car "totalled."  If not I may rule it that way myself.  Although the wreck was minor in terms of impact the damage was pretty severe.. front passenger side wheel snapped at axel, both air bags deployed and broken front windshield and dash severely damaged on passenger side.  All that side my question is pretty subjective.. do you have any recommendations on a nice 4 door sedan?  I'm looking for something under $40k and while I've never bought used before would consider buying used from somehwere like Carmax etc..  Have looked briefly at the Mercedes and Lexus models.  Also, any thoughts on leasing vs buying... I've heard that leasing can be great but only if you own a business?

Tks much

Answer
Hi Harrison..
Yes, Carmax is the best place to buy used..Under 40K, you can buy  almost anything.....I like all Lexus models the best. Won't go wrong with a nice Acura TL....Avoid Mercedes because maintainence is super high. Leasing is only good if you do not drive more then 15K per year...Also, if leasing, do not put any money down...Let me know if you have any further questions...Good luck

STEVE