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look at that i was in the same predicament 2 years ago and went for a lightly used mazda3. good gas milage, best hp in its class, best inerior in its class, best exterior in its class, overall best in its class lol. i paid 13k for mine and it was a 06 with 16,000km on the tach.
not sure of prices in the states but for 7k u could probly pick up a nice civic or mazda3. u could stay american and get a cobalt, but than again the interior on that car is brutal.
good luck
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