Hello
I hope I'm not breaking anyrules. I am brand new here.
I currently lease a Honda civic and I am looking to trade it in.
I am certain I want a cross-over like a Hando CRV or Toyota Rav4
My budget is $250/month (finance or lease)
Must-have features: AWD, heated seats, sunroof
I am struggling to figure out if I should
1. go used or new. I am not against buying used, but if I do then certainly nothing before 2016. I don't know what I should be looking for in a used car. eg how much mileage is too much? how much cheaper should a used car be vs new? is maintenance for a used car in the long term worse than if I just buy new?
2. If going with new then should I buy or lease? I have friends and family debating this often. It's nice to get a new car every few years with leasing, but am I losing a considerable amount of money by doing this rather than buying and after a number of years selling it to make some money back?
I feel like I am in way over my head and don't know where to start. Looking at some used ads I see 2016 CR-Vs going for 25000, while a new one is just over 30K.
Thank you for any help!
EDIT: I live in Ontario if that helps at all.