New 2006 Corolla or Used 2005 Camry

[thinkharder]

Hi Guys,

I'm looking to make an informed and wise decision. I'm looking at either to get a brand new 2006 Corolla or a Used 2005 Camry. Here in Ontario, we only need to pay 7% tax on Used Cars while for New Cars, we have to pay 15% tax.

The Camry that I'm looking at is a 2005 Camry LE Automatic 4 cyl with 38,518 km. It's priced at $20,987.
The Corolla that I'm looking at is a 2006 Corolla CE with Package C. It's priced at $19760.

Price Comparision: Camry = $22456
Corolla = $22724

I don't mind fuel economy for either car, but long-term reliability, space etc. This car will be used for a family of four (adults).

Thanks.

[ToyotaMan1281]

family of 4? well id say camry is your best bet then. Corolla is roomy but with 4 people and luggage you will have more room in the camry. My corolla fits me just fine, havent had passengers in the back yet, but have filled the trunk up with groceries and still had room for stuff... But ill see how much it can hold when I move out to my new place later on, lol and start buying stuff for my new place as well. But if your family of 4 isnt carrying a lot of stuff around id say corolla will fit you nicely.

Things Id look at:

how much room do you need?
Gas milage
price

Both cars will last a long time. Actually they should last about the same amt of time..

Hope this helps