Everything But The New Car Smell

Flush with a $24,000 allowance for a company car, Denise Bodourian scanned a variety of new-car showrooms looking for such mid-market standards as the Honda Accord and Toyota Camry. But in the end, the 32-year-old advertising rep from Tustin, Calif. chose a 1992 Lexus ES300 with 38,000 miles for $22,900. It came with an extended warranty and a certification that all the major components and mechanical systems were working almost as well as they did when the car was sold new. "The exterior is the same as on the '96, and I liked the status, especially being in sales," explains Bodourian. "I feel like I'm driving a brand-new car."

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