Which would be a better buy?

In about 5 months I'm going to purchase my second car. I have 00 Mazda protege that has gave me a number of problems, so I want to get something nice for my next car. My budget is about 15-16k sticker price. The two cars I've been looking at is a 2012 Honda accord or a 2010 ford mustang. I'll be 23 by the time. MY insurance provider informed me since I had my license for 4 years my premium will be lower. Can assume if I purchase the mustang it wouldn't matter much. Which is better in?

Reliability

Mpg

Spacious (for me not the passengers)

Low cost repair

Which will last 10 or 15 years? With minimal problems?

Also if anyone has suggestions on other vehicles I will do some research and take it into consideration

In about 5 months I'm going to purchase my second car. I have 00 Mazda protege that has gave me a number of problems, so I want to get something nice for my next car. My budget is about 15-16k sticker price. The two cars I've been looking at is a 2012 Honda accord or a 2010 ford mustang. I'll be 23 by the time. MY insurance provider informed me since I had my license for 4 years my premium will be lower. Can assume if I purchase the mustang it wouldn't matter much. Which is better in?

Reliability

Mpg

Spacious (for me not the passengers)

Low cost repair

Which will last 10 or 15 years? With minimal problems?

Also if anyone has suggestions on other vehicles I will do some research and take it into consideration Just because your premium may be lower, it doesn't mean it will be cheap. The Mustang is still considered a sports car, and will have a much higher premium than the Accord.

The Accord is the better car all around. It is MUCH more reliable. A recent consumer reports article named the top 10 vehicles likely to exceed 200,000 miles. The Accord, and four other Honda vehicles, were on that list. The other five were Toyotas. It will get better gas mileage. It is much more spacious inside. People thrash Mustangs, as they're sports cars. It's not likely someone treated an Accord like that. Add this to the fact that insurance will be less expensive, and the resale on the Accord is much higher, and the choice should be obvious. Get a brand new Honda Fit. http://bit.do/autoinsurance I would think that the Accord sounds like a better value -- but condition and mileage aren't stated -- but the Mustang probably has more emotional satisfaction.

However I would think through thick and thin, the Accord will give you better value should you need or want to sell it at some point down the road. Not only is it two model years newer, vehicles like the Mustang/Camaro/Challenger have resale values that fluctuate a lot more depending upon the economic cycle.

Get a brand new Honda Fit.

http://bit.do/autoinsurance

I would think that the Accord sounds like a better value -- but condition and mileage aren't stated -- but the Mustang probably has more emotional satisfaction.

However I would think through thick and thin, the Accord will give you better value should you need or want to sell it at some point down the road. Not only is it two model years newer, vehicles like the Mustang/Camaro/Challenger have resale values that fluctuate a lot more depending upon the economic cycle.

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