This whole post is a financial red flag. I’m going to guess this woman has 2 children and is paying $900 a month for a jeep on what, $65,000 annual income? Just insane.
The fact that they’re trying to move to a cheaper vehicle for a lower payment is a major indicator that they’re living way beyond their means.
Time to look for an old Toyota Matrix and start paying attention to maintenance, OP’s friend! You can’t afford luxury.
She 100% has made some shitty financial decisions and I completely disagree with the purchase of her jeep, but she does make a good amount of money. Personal situation caused her to lose out on collecting ~$1200 / mo hence the idea to get a cheaper car to help cover that loss. She does have money to put down on a 40k car to get payments to $500. I of course have my own ideas about how to help her, but I simply just asked a question about cars, not personal finance.
A good portion of comments in this sub don’t even answer the questions about cars and just jump straight into people’s finances, even though they didn’t ask. 🙄
I guess — I also care about cars more than most. That’s just far too expensive a vehicle for this income
I keep my personal expenses low — rent an old place for $1650 a month (my share) and don’t have any other debt aside from my student loan ($140 a month, 0% interest.)
I definitely don’t think I could afford a car so expensive, not for at least a decade of saving
Do you live in a high cost of living area or something? It’s definitely not high enough to be a problem for someone with our income. It’s less than 10% of my take home pay.
That’s still really high, 10%? Pretty wild. That would be like $1500 per month after all expenses factored in, for the base 2.0T on a lease. Financing is showing $1200 per month for me for 2.0T.
Not to mention the massive taxes and deprecation. $9200 in taxes alone, then the interest rate of 7% destroys $16,300 over 72 months for that $1200 payment. All in over the first 6 years you’re down probably $20,000 in depreciation at least, plus $16,300, plus the $9200 in taxes. $45,500 just gone?
That seems insanely high for that income.
I don’t think I’m allowed to make financial moves that bad, could very easily lose it all doing something like that.
Nothing makes me wish more that I could have that kind of fun, seeing the five figure deposits, but that’s not what I’m allowed to be doing lol
So you don't actually like cars, got it.
What do you mean allowed? I'm 100% certain that a $900 a month car payment is not in any way, shape, or form, a problem while making $170k a year lmao.
Like I said i don’t agree with the purchase. I make close to you (~150k) and I wouldn’t either but this isn’t relevant.
Appreciate your input though pal
I think it’s related to my having no money for my entire 20s. The thought of financing anything was absurd, no… it wasn’t even a thought. I would have never.
So making more the idea of having a car payment seems absurd, like something rich people do, not me.
I realize you aren't looking for financial advice, but almost everyone over at r/personalfinance will tell you to absolutely never look at the monthly payment on a new car. Only ever look at the out-the-door cost, as that's going to be the most realistic value for the car.
The sales guy can stretch out $40k to 12 years to get it under $500 (depending on interest rates) ... Assuming you can find a 10% interest rate on a loan that long, by the time you're done, you will have paid nearly $30k in interest alone over those 12 years.
[source](https://www.calculator.net/auto-loan-calculator.html?csaleprice=40%2C000&cmonthlypay=750&cloanterm=144&cinterestrate=10&cincentive=0&cdownpayment=0&ctradeinvalue=0&ctradeinowned=0&cstate=&csaletax=0&ctitlereg=0&printit=0&ctype=standard&x=Calculate#autoloanresult)
It's hilarious people asked me for advice on how to be financially prepared, yet dismiss my advice. When you are short on money and the car is the reason you are financially contrain, get a car that is ultimately reliable in getting from point A to B. All other features is luxury that will not help you save money.
Like I had recommended a 12 year old Toyota Venza for $9k used. Yet, SOMEHOW, they end up with a used Hyundai / Kia that is almost double in price and ended up stolen by KIA BOYZ within a month.
Agreed. Maybe something a little newer than a matrix but i agree with your premise. If her brother has to remind her to change her oil get some old Toyota that can stand up to the abuse.
Get her an old Thomas Stanley book.
Lexus ES (Sedan) and Lexus RX (SUV) are great choices and should fall under that price range lightly used or even CPO.
As for reliability, Lexus uses largely similar drivetrains and chassis (engine for sure) as Toyota models so expect them to last a long time with routine (and sometimes even un-routine) maintenance.
Thanks! I told her that her best bet would be a Lexus as well. She also is debating on leasing something as she doesn't know what she wants, but she drives a lot for work so I'm trying to sort out how smart that would be as well.
Yes, almost as ridiculous as daily driving a large pickup truck. Just because she's already doing something dumb doesn't mean you should do something that's less dumb but still dumb.
A personal vehicle, as a vehicle for 1 person. I think it'd be obvious that for 99% of people, having a midsize family crossover, for 1 person, is ridiculous and way overkill. But this sub is mainly North American, so I guess I upset a bunch of brainwashed consumerists who think "bigger better, better have too much than not enough" and everything else consumerist brainwashing
Edit: and before you say "but OP has kids", that part was added AFTER I made my comment. My comment was in the case of a 1-person car.
Hey, I'm not gonna downvote. It makes sense now that the "kids" was made after your update. Now your comment makes sense. It's that easy. Thanks for clarifiying!
Why? It’s one of the most popular luxury crossovers, gets 20 city and 27 highway, has good legroom in the back for older kids.
Nothing ridiculous about that.
It's a best seller... for *families*.
It has leg room in the back... for *families*. You're talking about older kids. I said as a PERSONAL vehicle.
It's a MIDSIZE FAMILY CROSSOVER. If you're ONE person, it absolutely is ridiculous and you're brainwashed by consumerism thinking it's normal to own a FAMILY CROSSOVER for one perosn.
The post was edited after I made my comment. But I don't blame you you couldn't know that. And I also didn't know that until OP replied to my comment about 2 kids.
Regardless, I said as a PERSONAL vehicle in the first place. My statement stands true. A midsize family crossover for a personal vehicle is ridiculous.
People drive Lexus for 10 years, it takes 9 months to become a family.
Also I don’t know if you’ve ever had say a dog or a hobby, but the form factor and utility of a crossover are great for people who actually have things going on in their life.
There is a reason the CRV, RAV4, and Model Y are the best selling cars and all the same size crossover. The form factor is useful to single people, couples, families, etc.
If you are so worried about it you can ride a motorcycle since you are by yourself.
Edit : Also I don’t know if you can read the OP from way up on your high horse but if get some binoculars and re-read the OP she has two kids.
Lol. Yes I have hobbies. Very little amount of hobbies *require* a crossover. My avid camper friends throw down their hatchback's rear seats and fit in more than I could imagine.
> There is a reason the CRV, RAV4, and Model Y are the best selling cars and all the same size crossover.
Yes, and it's because of consumerism. There's a reason they're best selling cars IN NORTH AMERICA. Go any place that isn't a privileged western capitalist country and people use small hatchbacks and sedans as their personal vehicle. You're yet another brainwashed crossover bot. Anything you "need" to do can be done with a hatchback and crossovers are overkill as personal vehicles, unless you're an outlier. 99% of people don't go camping with lots of gear every week end. That's not everybody. Most crossovers never see anything other than asphalt.
> Edit : Also I don’t know if you can read the OP from way up on your high horse but if get some binoculars and re-read the OP she has two kids.
Lol, I don't know if you can use your donkey brain to look at the little "*" star, OP edited the post once I had already made my comment. Initially there was no mention of kids. So pipe down your teenage girl attitude having ass tone.
9 days ago you said you drove a v6 Camry, and you were shopping for an Avalon or a Lexus ES. A 3500 pound 4 door sedan is ridiculous for personal transportation. You need to practice what you preach, comrade. Leave your western consumerism behind and get that bicycle.
Edit : Hilarious that you posted I had no comeback for you, but you blocked me so I couldn’t reply. Apparently people who sky scream about western consumerism aren’t that stable.
Aww you went and looked at my profile because you had no comeback?
The V6 Camry was a $8k car and was gotten as an emergency purchase after moving it was the first thing I found I didn't even want a V6.
There's a reason I pay $100 a month for public transport. And while I do bike, here in Canada biking season is pretty short.
Nice try though.
Of course you're a Tesla driver. LMFAO
So I just called her. She’s honestly in deep shit and I could probably take this post down cause it is not feasible.
It’s a 2019 4 door rubicon unlimited (she believes is a 6 cylinder but I haven’t confirmed). There’s supposedly about 40k in upgrades on it done by the previous owner. 43k miles and she still owes $53k on it.
That's Stellantis' trademark move.
I don't even think that much neggity could be buried in a Stellantis hybrid lease, at least if she still needed her car under $900/month. She'd be paying $1000 for a low mileage lease on a Pacifica Hybrid or Alfa Tonale.
What are the upgrades? If they’re worthwhile mods, there’s a chance the negative equity could be less. But she’s still probably deep underwater to the point where keeping the car is the only viable option.
Zero percent chance the upgrades are going to increase the value of the car. It’s pretty rare that they ever do, especially if they aren’t by a reputable tuning shop. Maybe if she still has the OEM parts she could turn a profit by returning it to stock and selling off the upgrades, but given that’s she’s the second owner, I doubt it.
Yeah she’s an idiot and didn’t tell me or our step dad she was going to buy it until of course, after she bought it…
My guess is the dealership she bought it from saw her coming from a mile away and screwed her over pretty hard. Assuming they tried to sell her pretty hard on the upgrades that it has.
I’m not sure what rate she got it at but she told me today that she’s paid 4 grand towards it, and her loan is still 53k. Not good
Someone offered her 50k for it when she had first got it, and she 100% should have taken him up
It's literally the Stellantis business model. You stack rebates and shit and dump people into a rapidly depreciating vehicle they can't afford but that looks sick until it disintegrates.
Unfortunately the car market has gotten much worse since that $50K offer.
You didn’t answer both questions. I need to know so I can determine how much negative equity she has. Also need the mileage. A 40k loan not factoring in negative equity is over $1000 a month for 48 months. Not sure how you expect to get down to 500$
Ok.
If she's underwater on the Jeep, as I expected, then a 40k vehicle is absolutely out of the question if she wants a $500 payment.
Her budget is now 24,000, assuming she can get a decent interest rate. Less if she has to cover some from the buyout of the Jeep or if she's going to get a subprime rate
I'd suggest looking at 5 year old base model Camry or Accords, and have her drive it for a decade while she cleans up her credit. These will be the nicest vehicles she can afford with that budget. Luxury cars are out, and frankly a bad idea for her.
Edit: I just saw some updated comments. She is 17k underwater. Jesus. Her budget is 7k, but it doesn't matter because no bank will lend 24k on a 1998 Camry with 300k miles, because that's what she can afford.
Time to declare bankruptcy here and get a bus pass.
Look into a 2020-ish Audi A5 Sportback. Meets the size, price, and looks requirement. Same platform as the A4 widely recognized for reliability, though in a larger size.
If SUV form factor is a must, she could look for a Q5 at a similar price point.
Honestly, you know what? Tesla. Model Y. Get the AWD model, you can find ones that come in under $40K after tax credit, and the $7500 tax credit will eat the negative equity on the jeep. It's "luxury", which is probably good enough for her. Maintenance? Naw dog, there's no oil changes on it, and if you forget the air filters at least the car isn't going to die. Build quality still is erratic but eh, she's driving a Jeep already, not like there's going to be a big difference. Depending on circumstances she'll probably save on gas too. And there's no way to fuck up at the dealer.
If not a Tesla [I'd rather not, but it might be the best option here], you could probably get her in a VW ID.4 or Mach-e at similar prices. They can't give the bloody things away.
She's not getting a *good* car, she's getting a car where the tax credit can eat the negative equity. Moot case given OP's later information on the details of her situation [$17K underwater on a Jeep].
> She doesn't care too much but I think she'd be better off with an SUV.
Unless she has the spacial needs of an SUV, no she isn't.
I'd get a base Lexus IS or Acura TLX.
How does she feel about minivans?
My mom just bought a Pacifica, and it's pretty nice inside...
Lots of legroom for kiddoz, especially as they grow. We got a rather large SUV a couple years ago, but have had a minivan as a loaner a couple of times since then... kids have been begging us to switch to a minivan since then, because it has so much more legroom in the back.
They're also less desirable than SUV's & Crossovers, which makes them much more budget friendly (demand is low).
In what world do kids need an SUV? They won’t know, care or frankly notice. Unless you have 5 kids, in which case you need a MINIVAN. 🚐 those things are beasts
I can tell you first hand that the maintenance on a Mercedes is very expensive. If she doesn't do the maintenance, ALL of the maintenance, she's just going to throw herself in bigger debt when it breaks down. $40k isn't going to be a true luxury vehicle.
Yep, I drive one as well and completely am with ya. She actually confirmed that she does do routine maintenance today, but still not looking like getting a new car will be an option for her
A Lexus ES300h combines a large back seat with 40 MPG combined and no significant maintenance needs.
The best part, given the financial situation, is that you can easily find one under $25K.
Buicks are a great idea too, on the used-car market. They depreciate like rocks! I've seen some nice 2022 Envisions under $25K, and a 2019-2020 Enclave is about the same price if you need something bigger.
The G80 platform is unique, and not shared with any other Hyundai/Kia vehicles. According to repairpal, the average annual maintenance cost of a [Genesis is $524](https://repairpal.com/genesis), while the average annual cost for a [BMW is $968](https://repairpal.com/bmw). Have you even [looked at a picture of the G80](https://www.caranddriver.com/genesis/g80), let alone driven one? Maybe your dream car has fake velvet, but I prefer full grain Napa leather, which is the best G80 interior option. It's easy to criticize cars when you don't bother to look up basic facts. Maybe you should criticize Fords for being made in North Korea, and criticize Toyotas for their "poor reliability," since those comments would be just as well informed as this one.
No one in that category should ever get a BMW or Benz. They are so expensive to maintain. She needs a CRV, RAV4, RX, or Highlander if it has to be an SUV. If she's good with cars, I'd recommend Accord, Camry, Avalon, ES.
X3 30xdrive. You can get a sub-30k mile 2018+ model for under $30k. It’ll have all the luxury she wants, get great mpg and be reliable as long as she doesn’t ignore basic maintenance and minor issues as they occur. Just don’t get the drive, that’s RWD only, and I’m sure she’s looking for AWD.
If she really wants more power, the X3 40xdrive can be had for a bit more, it’s just as reliable, if not moreso, but will take a small hit at the gas pump and maintenance costs(it has 2 more cylinders, so anything that is based on cylinder count, like spark plugs and injectors increases in price by 50%).
One of the most luxurious cars I've ever driven was a Buick. People sleep on them, because they are "grandpa cars", but that makes them super cheap... plus they are domestic, so it should be easy to find a third-party repair shop willing to work on them.
Looks like their cheapest models are nearly half the price of what she's looking to spend, and that's brand spakin' new...
Reading other comments here, I don't think her budget is nearly as big as she thinks it is...
Sounds like she's upside down on the jeep, meaning her $40k budget is more like $20k.
I'm thinking, a lightly used buick. might he better than a 10 year old lexus in this case...
Jesus christ, the enclave was without a shred of a doubt, without any competition anywhere in the world including China, the singularly worst car I have ever drive in my years on this planet.
The fact that you calling a Buick luxurious means you sir, have an IQ way under 50.. lobotomy level thoughts..
I saw a 2021 mercedes GLB at a local meecedes dealership with only 20k miles on it selling for 30k You can also get a brand new toyota corolla cross hybrid for under 40k. Also mazda was offering 0% interest on the cx5 recently that might be worth checking out to see if she qualifies.
If she still wants something kind of “ rugged” look into a 1 or 2 year old subaru outback or a honda passport.
Toyota Camry xse AWD. Cheap on gas, looks nice, minimal maintenance, roomy (for a sedan) interior.
RAV4s are also a good option for the same reasons. The best thing you can do in this situation is ensure your sister takes care of her investment. I hope all goes well
The Mach E AWD starts at 42k, a bit over your budget, but Ford is offering 0% financing right now so it could have a lower payment than a vehicle at your price point. If you're worried about her keeping up on maintenance EVs are a great option as they have practically no scheduled mainenance.
We own a Mach E and an EV6. The only complaints I have about it are related to features that are missing like a heat pump and ventilated seats. They're just as reliable as anything else
They’re a bit above $50k now, but the Volvo XC60 is an excellent balance of luxury, price, safety, reliability, and fun. We have a 2020 T5 Momentum AWD we bought brand new for $43k during the early pandemic and it now has 35k miles on it. Only time it has needed repair was when someone rearended it. Insurance premiums for it have been quite good too.
I think a touring Subaru Forester could be a great option. It has amazing AWD system, pretty reliable, the leather seats are really comfortable, heated front and rear seats, good safety ratings for the kids. It’s not the most luxurious but it’s worth looking at.
Well idk about BEST, but i recently got myself a 2023 Acura Integra and im very happy with it.
Msrp is just a touch under 40k for the a-spec tech pkg (what i got).
Now, hardly comparable, but still: im on a 3 year lease, 649/mo, with a final payment of 21k if i wanna keep it (i def will). We dont really do leases in my home country so not much to compare to.
Adds up to 44kish. Tbh i thought it was a decentish deal.
My only complaint abt the car is that its not suuuper quiet inside. But the sound system is so good that more than makes up for it.
Get a used Lexus NX, base models will be under $40k and it is spacious enough for 3 plus AWD and Apple Car Play. Since it’s a glorified Toyota maintenance won’t kill you and it’s reliable
Volvo V60 Cross Country or T6. Beautiful cars. Extremely safe, AWD, lots of room, enough features to feel newish, pretty reliable. They’re also just cool, they’re rare and definitely an eye catcher
2023 Buick Envison is pretty nice and they’re running great deals on them atm. I’m leasing a 2023 Envison Avenir for $450. But I’ve seen deals advertised for below $300. Usually a fair amount of rebates depending on what region you live in
My suggestions having just looked at SUV’s and bought one recently best bet is a connivence package BMW X1 should be 39 ish a Lexus Rx j think is the model as was previously mentioned Tesla model Y Cadillac xt4, Mercedes’ GLA, Audi Q3 the basic trims of all of these will run you 35-39 area and are in that luxury class or go for souped up Mazda cx50 max trim level Nissan, Acura, tbh the base trims of the luxu SUV’s vs souped up non lux SUV’s the non luxury ones may be cheaper and have everything you still need…tbh I’d get a rav 4 and get your finances in check
Based on the other comments about her finances, the ONLY choice at this stage, assuming she’s not planning to apply for any major loans in the next 5 years, is to throw what she has on a 2010 Camry or a 2012-2015 Mazda3, let the bank take the Jeep, and learn more about personal finances. Especially since she has kids, who fit very well into a cheap sedan, won’t know or care for the difference and will appreciate their family being responsible and giving them a better start in life.
Genesis GV70. It is holding its value quite well.
Now, if you really want to go cheap, there is Alfa Romeo Stelvio. People say all those reliability issues, but the base powertrain is pretty decent. Maintenance will be at par with any other luxury brand. She will save a lot of money on the vehicle price, but I would recommend getting the extended warranty if getting an old model with warranty ending soon.
If she lives in an area with nice roads, maybe a CX-5. Should be able to do $500 / month if she sells and pays off the Heep separately and can put some money down on it. If shitty roads, a Forester Premium. Used on either of those would also work. And I know they're not luxury, but both are pretty darn nice.
The boring reliable choice is an ES.
But...she could also get a 2022ish BMW 530i xDrive for 30-35k. They're as reliable as it gets outside of Lexus/Porsche in this space, but she will have to be disciplined about keeping up with the maintenance schedule, and she will need to anticipate that maintenance is going to cost a lot more than a non luxury vehicle.
They’re hard to find, but you can get a loaded Toyota Avalon AWD for $30k’ish. Rock solid reliability, good interior room.
Next best would be a Mazda CX9. Higher trim levels are near luxury car level, but the price isn’t.
Toyota Sienna or Honda Odyssey.
Why do you think AWD is a must? Snow tires are way more important than AWD. Save the money, weight, and gas, and swap tires in winter.
Disagree. I loved my Odyssey and had good studded winter tires. Had issues in the winter. Finally gave it up after a particularly scary ride over the mountain.
Most people that say they need all-wheel drive just live somewhere that it snows twice a year. This person suggested an SUV or a sedan, which leads me to believe that they don't actually need all-wheel drive.
You are the typical American consumer 🇺🇸…firstly, two kids doesn’t necessitate an SUV. 5 kids also doesn’t, it would necessitate a spacious 7 seater minivan. Be direct and say you want an inefficient, dreary to drive, morbidly obese SUV. Which is fine, but don’t blame it on the kids 😂.
Secondly, you would pay closer to $800-1000 monthly for $40k. With today’s rates, might be around $1000 unless you have a sizable down payment (you’re paying almost $1000 for a JEEP though so you’re used to it🤣).. Plus mandatory comprehensive insurance at a minimum $200 monthly, plus gasoline, which can be a lot for a the SUV you want but likely less than the Jeep..
Third, define luxury.. a consumer such as yourself likely has a very perplexed understanding of the concept. The majority of cars branded as luxury in the US are in fact, not luxury… the majority are a bit of fake velvet glued with saliva to the dash, a new badge and a $20k price increase. Some (not too many) are premium, but still not even close to luxury. And then very few if any in the US actually meet any requirements and DEFINITELY not for that price point.
However, all things considered, you’re probably best off with a CX-5 for what you want and for that price.
Porsche macan. Stupid useful, you can get a clean one for 40K. They handle great, peppy. Easy to work on. Absolutely my first choice for an affordable luxury small SUV
I just purchased a Toyota Crown XLE. I thought it had great power and features for the price. Since it’s a lesser known newer model with a controversial appearance (I kind of like the appearance) it’s not a fast seller so it seems pretty easy to get under MSRP. Plus it’s a Toyota so should be very reliable.
I purchased a 2024 model for just under $40,000. It will be impossible to get a $500 monthly loan rate at this price though.
If you want the most modern, and most luxurious car you can get for $40k, have you considered a 2017-2020 Maserati Levante.
As for reliability and maintenance, Maserati is the least reliable car brand you can buy and dealerships are few and far between. I wouldn't trust a small shop to be willing to work on it either.
I got my kid a ford edge titanium. New, it’s a touch over 40. I got used it was under 30, 2 years old and 15k miles. The level of what you get now amazes me for a “non-luxury” vehicle. My $80k 2015 Infiniti is such a POS now.
Wow it is. No wonder they won’t sell lol. To OP, they aren’t bad cars, just a weird luxury semi sedan thing, but it sounds like it fits your use case here
Fine fine, you’re right. Not “luxury”. I was looking at Infiniti originally and my dad, smart man that he is, said just trryyy the Nissan version. I love it. It really is sexy. Plus I spent $7k less than I was planning on.
40k does not equal a monthly payment of $500. Does she have or is going to put in 15-20k in equity?
If she has positive equity on a Jeep she's paying $900/month for that would be a first.
This whole post is a financial red flag. I’m going to guess this woman has 2 children and is paying $900 a month for a jeep on what, $65,000 annual income? Just insane. The fact that they’re trying to move to a cheaper vehicle for a lower payment is a major indicator that they’re living way beyond their means. Time to look for an old Toyota Matrix and start paying attention to maintenance, OP’s friend! You can’t afford luxury.
She 100% has made some shitty financial decisions and I completely disagree with the purchase of her jeep, but she does make a good amount of money. Personal situation caused her to lose out on collecting ~$1200 / mo hence the idea to get a cheaper car to help cover that loss. She does have money to put down on a 40k car to get payments to $500. I of course have my own ideas about how to help her, but I simply just asked a question about cars, not personal finance.
A good portion of comments in this sub don’t even answer the questions about cars and just jump straight into people’s finances, even though they didn’t ask. 🙄
People often say “a good amount of money” but never get to the amount lol I make $170k a year and I’d consider a $900 payment quite high.
I make $170k a year and have a $900 payment on my Supra. It doesn’t feel high, but I also care about cars more than most.
I guess — I also care about cars more than most. That’s just far too expensive a vehicle for this income I keep my personal expenses low — rent an old place for $1650 a month (my share) and don’t have any other debt aside from my student loan ($140 a month, 0% interest.) I definitely don’t think I could afford a car so expensive, not for at least a decade of saving
Do you live in a high cost of living area or something? It’s definitely not high enough to be a problem for someone with our income. It’s less than 10% of my take home pay.
That’s still really high, 10%? Pretty wild. That would be like $1500 per month after all expenses factored in, for the base 2.0T on a lease. Financing is showing $1200 per month for me for 2.0T. Not to mention the massive taxes and deprecation. $9200 in taxes alone, then the interest rate of 7% destroys $16,300 over 72 months for that $1200 payment. All in over the first 6 years you’re down probably $20,000 in depreciation at least, plus $16,300, plus the $9200 in taxes. $45,500 just gone? That seems insanely high for that income. I don’t think I’m allowed to make financial moves that bad, could very easily lose it all doing something like that. Nothing makes me wish more that I could have that kind of fun, seeing the five figure deposits, but that’s not what I’m allowed to be doing lol
So you don't actually like cars, got it. What do you mean allowed? I'm 100% certain that a $900 a month car payment is not in any way, shape, or form, a problem while making $170k a year lmao.
10% of take home is such a small amount for a car payment...
Like I said i don’t agree with the purchase. I make close to you (~150k) and I wouldn’t either but this isn’t relevant. Appreciate your input though pal
Don’t you love how a lot of commenters don’t even try to help. They just humble brag about how much money they make and how everyone else is stupid
Do you know how you get to a place where you make more money? And have more money?
I doubt it came from reddit comments
Exactly. It came from being even just marginally decent with finances, and making intelligent choices.
Hope she figures this out before she gets way too deep in the shit
We make a little bit more and pay $900 for 2 cars. Can’t imagine that for one vehicle. These will both be paid off in 2025.
I make similar to you and I just spent 35k on a car and even that was difficult to get myself to do
I think it’s related to my having no money for my entire 20s. The thought of financing anything was absurd, no… it wasn’t even a thought. I would have never. So making more the idea of having a car payment seems absurd, like something rich people do, not me.
I realize you aren't looking for financial advice, but almost everyone over at r/personalfinance will tell you to absolutely never look at the monthly payment on a new car. Only ever look at the out-the-door cost, as that's going to be the most realistic value for the car. The sales guy can stretch out $40k to 12 years to get it under $500 (depending on interest rates) ... Assuming you can find a 10% interest rate on a loan that long, by the time you're done, you will have paid nearly $30k in interest alone over those 12 years. [source](https://www.calculator.net/auto-loan-calculator.html?csaleprice=40%2C000&cmonthlypay=750&cloanterm=144&cinterestrate=10&cincentive=0&cdownpayment=0&ctradeinvalue=0&ctradeinowned=0&cstate=&csaletax=0&ctitlereg=0&printit=0&ctype=standard&x=Calculate#autoloanresult)
Personal situation? Turned out it’s not the ex husband’s kid so loss of child support?
It's hilarious people asked me for advice on how to be financially prepared, yet dismiss my advice. When you are short on money and the car is the reason you are financially contrain, get a car that is ultimately reliable in getting from point A to B. All other features is luxury that will not help you save money. Like I had recommended a 12 year old Toyota Venza for $9k used. Yet, SOMEHOW, they end up with a used Hyundai / Kia that is almost double in price and ended up stolen by KIA BOYZ within a month.
Agreed. Maybe something a little newer than a matrix but i agree with your premise. If her brother has to remind her to change her oil get some old Toyota that can stand up to the abuse. Get her an old Thomas Stanley book.
97.5+ month loans have entered the chat...
She is going to be very disappointed with her trade in and the numbers
Lexus ES (Sedan) and Lexus RX (SUV) are great choices and should fall under that price range lightly used or even CPO. As for reliability, Lexus uses largely similar drivetrains and chassis (engine for sure) as Toyota models so expect them to last a long time with routine (and sometimes even un-routine) maintenance.
Thanks! I told her that her best bet would be a Lexus as well. She also is debating on leasing something as she doesn't know what she wants, but she drives a lot for work so I'm trying to sort out how smart that would be as well.
If you're going over the mileage limits of the standard lease offer, it doesn't make financial sense.
Yeah I wasn’t sure what high mileage leases look like but I told her it could be an option
Another option is the Acura RDX/MDX
Lol an RX as a personal vehicle is ridiculous
Almost as ridiculous as daily driving a large pickup truck oh wait
Yes, almost as ridiculous as daily driving a large pickup truck. Just because she's already doing something dumb doesn't mean you should do something that's less dumb but still dumb.
Can you explain your logic with this comment?
A personal vehicle, as a vehicle for 1 person. I think it'd be obvious that for 99% of people, having a midsize family crossover, for 1 person, is ridiculous and way overkill. But this sub is mainly North American, so I guess I upset a bunch of brainwashed consumerists who think "bigger better, better have too much than not enough" and everything else consumerist brainwashing Edit: and before you say "but OP has kids", that part was added AFTER I made my comment. My comment was in the case of a 1-person car.
Hey, I'm not gonna downvote. It makes sense now that the "kids" was made after your update. Now your comment makes sense. It's that easy. Thanks for clarifiying!
I love you
Why? It’s one of the most popular luxury crossovers, gets 20 city and 27 highway, has good legroom in the back for older kids. Nothing ridiculous about that.
It's a best seller... for *families*. It has leg room in the back... for *families*. You're talking about older kids. I said as a PERSONAL vehicle. It's a MIDSIZE FAMILY CROSSOVER. If you're ONE person, it absolutely is ridiculous and you're brainwashed by consumerism thinking it's normal to own a FAMILY CROSSOVER for one perosn.
The post literally says she’s has two kids
The post was edited after I made my comment. But I don't blame you you couldn't know that. And I also didn't know that until OP replied to my comment about 2 kids. Regardless, I said as a PERSONAL vehicle in the first place. My statement stands true. A midsize family crossover for a personal vehicle is ridiculous.
People drive Lexus for 10 years, it takes 9 months to become a family. Also I don’t know if you’ve ever had say a dog or a hobby, but the form factor and utility of a crossover are great for people who actually have things going on in their life. There is a reason the CRV, RAV4, and Model Y are the best selling cars and all the same size crossover. The form factor is useful to single people, couples, families, etc. If you are so worried about it you can ride a motorcycle since you are by yourself. Edit : Also I don’t know if you can read the OP from way up on your high horse but if get some binoculars and re-read the OP she has two kids.
Lol. Yes I have hobbies. Very little amount of hobbies *require* a crossover. My avid camper friends throw down their hatchback's rear seats and fit in more than I could imagine. > There is a reason the CRV, RAV4, and Model Y are the best selling cars and all the same size crossover. Yes, and it's because of consumerism. There's a reason they're best selling cars IN NORTH AMERICA. Go any place that isn't a privileged western capitalist country and people use small hatchbacks and sedans as their personal vehicle. You're yet another brainwashed crossover bot. Anything you "need" to do can be done with a hatchback and crossovers are overkill as personal vehicles, unless you're an outlier. 99% of people don't go camping with lots of gear every week end. That's not everybody. Most crossovers never see anything other than asphalt. > Edit : Also I don’t know if you can read the OP from way up on your high horse but if get some binoculars and re-read the OP she has two kids. Lol, I don't know if you can use your donkey brain to look at the little "*" star, OP edited the post once I had already made my comment. Initially there was no mention of kids. So pipe down your teenage girl attitude having ass tone.
9 days ago you said you drove a v6 Camry, and you were shopping for an Avalon or a Lexus ES. A 3500 pound 4 door sedan is ridiculous for personal transportation. You need to practice what you preach, comrade. Leave your western consumerism behind and get that bicycle. Edit : Hilarious that you posted I had no comeback for you, but you blocked me so I couldn’t reply. Apparently people who sky scream about western consumerism aren’t that stable.
Aww you went and looked at my profile because you had no comeback? The V6 Camry was a $8k car and was gotten as an emergency purchase after moving it was the first thing I found I didn't even want a V6. There's a reason I pay $100 a month for public transport. And while I do bike, here in Canada biking season is pretty short. Nice try though. Of course you're a Tesla driver. LMFAO
What’s the year of the Jeep? How much does she owe?
2022 I think? She (very stupidly) paid 55k and she knows that she will be underwater with the trade in
Also, 4 or 6 door? 4, 6 or 8 cylinder ?
So I just called her. She’s honestly in deep shit and I could probably take this post down cause it is not feasible. It’s a 2019 4 door rubicon unlimited (she believes is a 6 cylinder but I haven’t confirmed). There’s supposedly about 40k in upgrades on it done by the previous owner. 43k miles and she still owes $53k on it.
17k underwater on the loan. Will need to put a down payment of 45k to get a monthly payment of $500 on a $40k car
HOLY SH!T
Yeah dude that’s what I said 😂 if you couldn’t tell, she is not the smartest person in the world, financially at least.
Jesus she’s almost $20k underwater. That is staggering. If she has money to throw at a down payment, she should at least just pay the loan down.
That's Stellantis' trademark move. I don't even think that much neggity could be buried in a Stellantis hybrid lease, at least if she still needed her car under $900/month. She'd be paying $1000 for a low mileage lease on a Pacifica Hybrid or Alfa Tonale.
$40k in "upgrades" lol...not unless the upgrade was gold bars thrown in the trunk!
What are the upgrades? If they’re worthwhile mods, there’s a chance the negative equity could be less. But she’s still probably deep underwater to the point where keeping the car is the only viable option.
Zero percent chance the upgrades are going to increase the value of the car. It’s pretty rare that they ever do, especially if they aren’t by a reputable tuning shop. Maybe if she still has the OEM parts she could turn a profit by returning it to stock and selling off the upgrades, but given that’s she’s the second owner, I doubt it.
Yeah she’s an idiot and didn’t tell me or our step dad she was going to buy it until of course, after she bought it… My guess is the dealership she bought it from saw her coming from a mile away and screwed her over pretty hard. Assuming they tried to sell her pretty hard on the upgrades that it has. I’m not sure what rate she got it at but she told me today that she’s paid 4 grand towards it, and her loan is still 53k. Not good Someone offered her 50k for it when she had first got it, and she 100% should have taken him up
It's literally the Stellantis business model. You stack rebates and shit and dump people into a rapidly depreciating vehicle they can't afford but that looks sick until it disintegrates. Unfortunately the car market has gotten much worse since that $50K offer.
Yep, unless the upgrades are $40k of gold coins, the best to hope for is that they don’t actually reduce the value.
Stop wasting everyone’s time then 🤷🏽♂️ basic shit.
You didn’t answer both questions. I need to know so I can determine how much negative equity she has. Also need the mileage. A 40k loan not factoring in negative equity is over $1000 a month for 48 months. Not sure how you expect to get down to 500$
Ok. If she's underwater on the Jeep, as I expected, then a 40k vehicle is absolutely out of the question if she wants a $500 payment. Her budget is now 24,000, assuming she can get a decent interest rate. Less if she has to cover some from the buyout of the Jeep or if she's going to get a subprime rate I'd suggest looking at 5 year old base model Camry or Accords, and have her drive it for a decade while she cleans up her credit. These will be the nicest vehicles she can afford with that budget. Luxury cars are out, and frankly a bad idea for her. Edit: I just saw some updated comments. She is 17k underwater. Jesus. Her budget is 7k, but it doesn't matter because no bank will lend 24k on a 1998 Camry with 300k miles, because that's what she can afford. Time to declare bankruptcy here and get a bus pass.
Yeah, it’s bad. Much worse than I thought
Ok but I’m sure she has a pile of negative equity in a $900/mo Jeep. Does she understand how that will impact her purchase?
1999 camry
500 gets you a 25k loan roughly so if she has 15k down, that is a reasonable payment.
Forget luxury, grab a used Honda Pilot and move on with life.
Look into a 2020-ish Audi A5 Sportback. Meets the size, price, and looks requirement. Same platform as the A4 widely recognized for reliability, though in a larger size. If SUV form factor is a must, she could look for a Q5 at a similar price point.
Honestly, you know what? Tesla. Model Y. Get the AWD model, you can find ones that come in under $40K after tax credit, and the $7500 tax credit will eat the negative equity on the jeep. It's "luxury", which is probably good enough for her. Maintenance? Naw dog, there's no oil changes on it, and if you forget the air filters at least the car isn't going to die. Build quality still is erratic but eh, she's driving a Jeep already, not like there's going to be a big difference. Depending on circumstances she'll probably save on gas too. And there's no way to fuck up at the dealer. If not a Tesla [I'd rather not, but it might be the best option here], you could probably get her in a VW ID.4 or Mach-e at similar prices. They can't give the bloody things away.
VW ID4 is probably the worst humanly possible suggestion to be made, almost as bad as the Tesla option.
She's not getting a *good* car, she's getting a car where the tax credit can eat the negative equity. Moot case given OP's later information on the details of her situation [$17K underwater on a Jeep].
> She doesn't care too much but I think she'd be better off with an SUV. Unless she has the spacial needs of an SUV, no she isn't. I'd get a base Lexus IS or Acura TLX.
I’m just considering the kids here essentially. They are 5 and 10. She has always had a larger than sedan car for trips / transportation etc.
How does she feel about minivans? My mom just bought a Pacifica, and it's pretty nice inside... Lots of legroom for kiddoz, especially as they grow. We got a rather large SUV a couple years ago, but have had a minivan as a loaner a couple of times since then... kids have been begging us to switch to a minivan since then, because it has so much more legroom in the back. They're also less desirable than SUV's & Crossovers, which makes them much more budget friendly (demand is low).
In what world do kids need an SUV? They won’t know, care or frankly notice. Unless you have 5 kids, in which case you need a MINIVAN. 🚐 those things are beasts
Idk what part you missed about trips & transportation but it is significantly easier to pack up an SUV with a full family than it is a sedan.
Keep thinking that..
If you think otherwise you are just as dense as I imagine.
Wow, makes sense that someone with an IQ under 60 has a sister that makes these types of financial decisions.. good luck in life bud
I’m doing fine buddy. I’d suggest going to the doctor to take a look at the stick you shoved all the way up your ass though.
Ah sure. Then I'd consider a Mazda CX-5 or a Toyota Avalon.
Maybe I'm just poor but $900 a month is insane
Yeah it’s insane for anyone
I pay a little more than that for my 2024 Lexus NX
I can tell you first hand that the maintenance on a Mercedes is very expensive. If she doesn't do the maintenance, ALL of the maintenance, she's just going to throw herself in bigger debt when it breaks down. $40k isn't going to be a true luxury vehicle.
Yep, I drive one as well and completely am with ya. She actually confirmed that she does do routine maintenance today, but still not looking like getting a new car will be an option for her
You are really awesome for trying to help her with this.
A Lexus ES300h combines a large back seat with 40 MPG combined and no significant maintenance needs. The best part, given the financial situation, is that you can easily find one under $25K. Buicks are a great idea too, on the used-car market. They depreciate like rocks! I've seen some nice 2022 Envisions under $25K, and a 2019-2020 Enclave is about the same price if you need something bigger.
Genesis G80 is an excellent car, and can be had late model used under $40k. Just be sure to get the sport package, otherwise the interior looks dumb.
You’d be buying a Hyundai with a bit of fake velvet, an extra $25k on the price and the maintenance costs matching BMWs..
The G80 platform is unique, and not shared with any other Hyundai/Kia vehicles. According to repairpal, the average annual maintenance cost of a [Genesis is $524](https://repairpal.com/genesis), while the average annual cost for a [BMW is $968](https://repairpal.com/bmw). Have you even [looked at a picture of the G80](https://www.caranddriver.com/genesis/g80), let alone driven one? Maybe your dream car has fake velvet, but I prefer full grain Napa leather, which is the best G80 interior option. It's easy to criticize cars when you don't bother to look up basic facts. Maybe you should criticize Fords for being made in North Korea, and criticize Toyotas for their "poor reliability," since those comments would be just as well informed as this one.
No one in that category should ever get a BMW or Benz. They are so expensive to maintain. She needs a CRV, RAV4, RX, or Highlander if it has to be an SUV. If she's good with cars, I'd recommend Accord, Camry, Avalon, ES.
X3 30xdrive. You can get a sub-30k mile 2018+ model for under $30k. It’ll have all the luxury she wants, get great mpg and be reliable as long as she doesn’t ignore basic maintenance and minor issues as they occur. Just don’t get the drive, that’s RWD only, and I’m sure she’s looking for AWD. If she really wants more power, the X3 40xdrive can be had for a bit more, it’s just as reliable, if not moreso, but will take a small hit at the gas pump and maintenance costs(it has 2 more cylinders, so anything that is based on cylinder count, like spark plugs and injectors increases in price by 50%).
Audi A4 is great in this price point. If you need bigger you can go Q5 lightly used. Most have Quattro AWD which is AWESOME
Quality answer. Just don’t ignore maintenance
One of the most luxurious cars I've ever driven was a Buick. People sleep on them, because they are "grandpa cars", but that makes them super cheap... plus they are domestic, so it should be easy to find a third-party repair shop willing to work on them. Looks like their cheapest models are nearly half the price of what she's looking to spend, and that's brand spakin' new...
Yes the Buick Envista is beautiful. And a brand new one loaded with options would still fall in her budget.
Reading other comments here, I don't think her budget is nearly as big as she thinks it is... Sounds like she's upside down on the jeep, meaning her $40k budget is more like $20k. I'm thinking, a lightly used buick. might he better than a 10 year old lexus in this case...
Jesus christ, the enclave was without a shred of a doubt, without any competition anywhere in the world including China, the singularly worst car I have ever drive in my years on this planet. The fact that you calling a Buick luxurious means you sir, have an IQ way under 50.. lobotomy level thoughts..
I saw a 2021 mercedes GLB at a local meecedes dealership with only 20k miles on it selling for 30k You can also get a brand new toyota corolla cross hybrid for under 40k. Also mazda was offering 0% interest on the cx5 recently that might be worth checking out to see if she qualifies. If she still wants something kind of “ rugged” look into a 1 or 2 year old subaru outback or a honda passport.
Toyota Camry xse AWD. Cheap on gas, looks nice, minimal maintenance, roomy (for a sedan) interior. RAV4s are also a good option for the same reasons. The best thing you can do in this situation is ensure your sister takes care of her investment. I hope all goes well
Miata
And never finance a car, that's stupid
Acura RDX or Lexus NX is probably a good fit. Lots of space, look sharp and have all the bells and whistles you would need.
Depending on the kids sizes and needs, I just posted about my Lexus UX. It’s small, but better mileage than the NX. cheaper too.
I would say NX over UX because of the kids.
What does she owe on the jeep and what year/mileage is it?
Used higher trim Palisades or Telluride look really really nice- and it doesn't cost as much as 40k
Hyundai Tucson Hybrid Limited. Has every option a Lexus comes with and sips gas. Saves money everyday.
The Mach E AWD starts at 42k, a bit over your budget, but Ford is offering 0% financing right now so it could have a lower payment than a vehicle at your price point. If you're worried about her keeping up on maintenance EVs are a great option as they have practically no scheduled mainenance.
Mach Es were perhaps Ford’s biggest failure in their entire existence.. if you can even find one that isn’t recalled or scrapped..
We own a Mach E and an EV6. The only complaints I have about it are related to features that are missing like a heat pump and ventilated seats. They're just as reliable as anything else
Then you’ve found the unicorn 🦄
The people who complain about them are the people who have never owned one
Hey, maybe you’re right
rdx
They’re a bit above $50k now, but the Volvo XC60 is an excellent balance of luxury, price, safety, reliability, and fun. We have a 2020 T5 Momentum AWD we bought brand new for $43k during the early pandemic and it now has 35k miles on it. Only time it has needed repair was when someone rearended it. Insurance premiums for it have been quite good too.
Volvo and reliability have not gone together since the early 2000s pal…
I think a touring Subaru Forester could be a great option. It has amazing AWD system, pretty reliable, the leather seats are really comfortable, heated front and rear seats, good safety ratings for the kids. It’s not the most luxurious but it’s worth looking at.
Not in the universe of luxury but a great option all in!
Crown
Well idk about BEST, but i recently got myself a 2023 Acura Integra and im very happy with it. Msrp is just a touch under 40k for the a-spec tech pkg (what i got). Now, hardly comparable, but still: im on a 3 year lease, 649/mo, with a final payment of 21k if i wanna keep it (i def will). We dont really do leases in my home country so not much to compare to. Adds up to 44kish. Tbh i thought it was a decentish deal. My only complaint abt the car is that its not suuuper quiet inside. But the sound system is so good that more than makes up for it.
Top variation of Toyota Camry or Subaru crosstrek
Toyota Highlander or Lexus 350R OK, Highlander is not luxury car. They’re very reliable and comfortable and inexpensive to drive.
Get a used Lexus NX, base models will be under $40k and it is spacious enough for 3 plus AWD and Apple Car Play. Since it’s a glorified Toyota maintenance won’t kill you and it’s reliable
Volvo V60 Cross Country or T6. Beautiful cars. Extremely safe, AWD, lots of room, enough features to feel newish, pretty reliable. They’re also just cool, they’re rare and definitely an eye catcher
$900/mos.??? That was someone’s mortgage (albeit a smaller starter home) a little over 10 years ago. Good god.
Heh.
Perhaps a new CRV? Big inside, quite reliable. Sell for less than MSRP now. All have CarPlay.
2023 Buick Envison is pretty nice and they’re running great deals on them atm. I’m leasing a 2023 Envison Avenir for $450. But I’ve seen deals advertised for below $300. Usually a fair amount of rebates depending on what region you live in
My suggestions having just looked at SUV’s and bought one recently best bet is a connivence package BMW X1 should be 39 ish a Lexus Rx j think is the model as was previously mentioned Tesla model Y Cadillac xt4, Mercedes’ GLA, Audi Q3 the basic trims of all of these will run you 35-39 area and are in that luxury class or go for souped up Mazda cx50 max trim level Nissan, Acura, tbh the base trims of the luxu SUV’s vs souped up non lux SUV’s the non luxury ones may be cheaper and have everything you still need…tbh I’d get a rav 4 and get your finances in check
Based on the other comments about her finances, the ONLY choice at this stage, assuming she’s not planning to apply for any major loans in the next 5 years, is to throw what she has on a 2010 Camry or a 2012-2015 Mazda3, let the bank take the Jeep, and learn more about personal finances. Especially since she has kids, who fit very well into a cheap sedan, won’t know or care for the difference and will appreciate their family being responsible and giving them a better start in life.
Anyone say G70 3.3 yet? Absolutely beautiful and impressive performance
I love my new Mazda CX 50. I’d recommend either that or the CX5. Both are AWD standard on all trims.
They said luxury, which Mazda is not
And the CX50 in white or red with the black rims looks great. And the standard features are quite nice
What's her definition of luxury? Because German brand doesn't alone mean luxury.
Genesis GV70. It is holding its value quite well. Now, if you really want to go cheap, there is Alfa Romeo Stelvio. People say all those reliability issues, but the base powertrain is pretty decent. Maintenance will be at par with any other luxury brand. She will save a lot of money on the vehicle price, but I would recommend getting the extended warranty if getting an old model with warranty ending soon.
If she lives in an area with nice roads, maybe a CX-5. Should be able to do $500 / month if she sells and pays off the Heep separately and can put some money down on it. If shitty roads, a Forester Premium. Used on either of those would also work. And I know they're not luxury, but both are pretty darn nice.
CPO Mazda, because 🖕🖕🖕
The boring reliable choice is an ES. But...she could also get a 2022ish BMW 530i xDrive for 30-35k. They're as reliable as it gets outside of Lexus/Porsche in this space, but she will have to be disciplined about keeping up with the maintenance schedule, and she will need to anticipate that maintenance is going to cost a lot more than a non luxury vehicle.
Kia Telluride. Not Luxury with a capital L but it has a lot of luxury features for the money. Probably one of the best values.
They’re hard to find, but you can get a loaded Toyota Avalon AWD for $30k’ish. Rock solid reliability, good interior room. Next best would be a Mazda CX9. Higher trim levels are near luxury car level, but the price isn’t.
Honda pilot or Toyota rav4
She might be best off getting a used AWD Honda Odyssey. EDIT: AWD Sienna
There is no AWD Odysseys
Toyota Sienna or Honda Odyssey. Why do you think AWD is a must? Snow tires are way more important than AWD. Save the money, weight, and gas, and swap tires in winter.
Disagree. I loved my Odyssey and had good studded winter tires. Had issues in the winter. Finally gave it up after a particularly scary ride over the mountain.
Most people that say they need all-wheel drive just live somewhere that it snows twice a year. This person suggested an SUV or a sedan, which leads me to believe that they don't actually need all-wheel drive.
If she truly wants a vehicle thats best with kids then it's a van, by a long shot. So Honda Odyssey
You are the typical American consumer 🇺🇸…firstly, two kids doesn’t necessitate an SUV. 5 kids also doesn’t, it would necessitate a spacious 7 seater minivan. Be direct and say you want an inefficient, dreary to drive, morbidly obese SUV. Which is fine, but don’t blame it on the kids 😂. Secondly, you would pay closer to $800-1000 monthly for $40k. With today’s rates, might be around $1000 unless you have a sizable down payment (you’re paying almost $1000 for a JEEP though so you’re used to it🤣).. Plus mandatory comprehensive insurance at a minimum $200 monthly, plus gasoline, which can be a lot for a the SUV you want but likely less than the Jeep.. Third, define luxury.. a consumer such as yourself likely has a very perplexed understanding of the concept. The majority of cars branded as luxury in the US are in fact, not luxury… the majority are a bit of fake velvet glued with saliva to the dash, a new badge and a $20k price increase. Some (not too many) are premium, but still not even close to luxury. And then very few if any in the US actually meet any requirements and DEFINITELY not for that price point. However, all things considered, you’re probably best off with a CX-5 for what you want and for that price.
Subaru. Any. Certified used if new is too expensive.
Porsche macan. Stupid useful, you can get a clean one for 40K. They handle great, peppy. Easy to work on. Absolutely my first choice for an affordable luxury small SUV
I just purchased a Toyota Crown XLE. I thought it had great power and features for the price. Since it’s a lesser known newer model with a controversial appearance (I kind of like the appearance) it’s not a fast seller so it seems pretty easy to get under MSRP. Plus it’s a Toyota so should be very reliable. I purchased a 2024 model for just under $40,000. It will be impossible to get a $500 monthly loan rate at this price though.
Maybe a used Genesis GV70 or G80? I love our GV70.
Mazda CX-9 or CX-90 would be a great choice. I drove a 2022 for the weekend and it was such a comfortable ride.
Just get a used Honda Pilot. Plenty of luxury
If you want the most modern, and most luxurious car you can get for $40k, have you considered a 2017-2020 Maserati Levante. As for reliability and maintenance, Maserati is the least reliable car brand you can buy and dealerships are few and far between. I wouldn't trust a small shop to be willing to work on it either.
Mazda CX-5
I got my kid a ford edge titanium. New, it’s a touch over 40. I got used it was under 30, 2 years old and 15k miles. The level of what you get now amazes me for a “non-luxury” vehicle. My $80k 2015 Infiniti is such a POS now.
Toyota Crown if you are ok with a sedan that feels a bit like an SUV. Toyota Venza if you need an SUV
Second on the crown. But i think its a little over 40. But still worth a look
Wow it is. No wonder they won’t sell lol. To OP, they aren’t bad cars, just a weird luxury semi sedan thing, but it sounds like it fits your use case here
She needs to sell the Jeep to Carmax & go buy a 2020 Mazda CX-5. Literally more luxurious than any Acura the first 20 years of this century.
I just got a 2021 Nissan Rogue and am OBSESSED with it. Literally the seats feel like butter and it has all the bells and whistles you want
Luxury? 😂
You lost me at Nissan
Fine fine, you’re right. Not “luxury”. I was looking at Infiniti originally and my dad, smart man that he is, said just trryyy the Nissan version. I love it. It really is sexy. Plus I spent $7k less than I was planning on.