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  • Cheap, stylish ride: Oxymoron or attainable dream?

    Filed under: Car Buying , Economy , Humor Is it possible to buy a car that's both inexpensive and ultra cool? Can a $22,000 Toyota Prius really get you the same respect from the valet as a $70,000 BMW? That's what "Wired Magazine" wants to know, and they're asking readers to decide which of five relatively cheap cars they would feel coolest driving. So far, the most expensive of the bunch, the Prius, is in third place with only 18% of the vote. Behind it with 11% is an early-'90s Volvo and a 25-year-old Mercedes 300 SDL. In first place, with a big lead over a used Ford Mustang, is a 1995-1997 Jaguar XJ6. Really? Those are the only choices we get? For the price of that 2005 V6 Mustang, you could get yourself a real tire-smoking, V8-powered 1966 Mustang. Sure it'll need some paint, probably some fresh Bondo and maybe a transmission overhaul, but that builds character in both owner and car. Or if you're not into power, don't even think about that wheezy...
  • Number of sub-$15k cars in U.S. falls by one-third

    Filed under: Car Buying , Trends , Economy Click above for more high-res shots of the 2007 Chevrolet Aveo Every year, cars get just a bit more expensive. There was a time, which doesn't seem too long ago, that ten grand and a signature was all you needed to walk out of a dealership as the owner of a brand new car. Today, not so much. In fact, according to J.D. Power and Associates, $15,000 gets you just two-thirds of the choices you had just two years ago. Holding up the bottom of the list is the Chevrolet Aveo , which, along with the base-model Cobalt , makes GM the only American player in the cheap-car sweepstakes. The 2009 Aveo , however, has a higher base price than before thanks to the elimination of the lowest price value model. The Koreans in the form of Hyundai and Kia offer three choices, and the remaining five slots are ably filled by Japanese manufacturers. While there may be a few more vehicles that have base prices below the $15,000 mark, J.D. Power's numbers actually...

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