I am a college student and I really need a car. My tuition is paid and I have a job that would allow me to pay a monthly note on a car if it is around $250 a month. Is it worth it to buy a new car? I want either a Ford Focus or a VW Jetta. Which car is the better choice? How much do you think the down payment would be if I have okay credit?
Thank you for your help
2006-07-29 08:09:04 · 10 answers · asked by nh 3 in Cars & Transportation ➔ Buying & Selling
Figure on 10% down payment, and I would recommend the Jetta. It's bigger, nicely made, and has more personality. I see them advertised for under $20,000 so $250 is doable but tight. Expect to put $1000 to $2000 down, but ask if there is a colleg grad rebate. These may apply even if you are still enrolled.
The bad news here is that buying a car is NOT easy, and it seems many (not all but most) car dealers make the proces as painful as possible so you give up and pay what they put to you.
If you go with a Jetta, get a base model (it is nicely equipped) and tell them you will pay no more than $16,500 with a payment of $250 with $1500 down. You should be able to find a dealer to do that for you, with all the rebates applied.
2006-07-29 08:21:06 · answer #1 · answered by But why is the rum always gone? 6 · 2⤊ 0⤋
I would do research on which car is better. As far as your possible monthly amount, just go in and talk to a dealer and explain how much you have to work with and you want the best possible deal for your money. If you have pretty decent credit, you may not need a downpayment (although it always helps). You should easily be able to afford to two mentioned cars on the above amount. Also, don't forget to figure in insurance!! Good luck! (ps - I like the Jetta better) :)
2006-07-29 08:14:23 · answer #2 · answered by Ducky S 5 · 0⤊ 0⤋
DON'T EVER BUY FORD!! go with the jetta or a golf or something liek that from VW. don't get a bug either. new car is extremely beneficial for you in many ways but will also be a pain in the a*ss when it comes to maintenance, gas, etc. you'll really hate it then. if you have okay credit then usually 10% is the norm for a down payment. if you want to. depending on how your credit is, some many not even require a down payment.
2006-07-29 08:13:49 · answer #3 · answered by Anonymous · 0⤊ 0⤋
I would go for the Focus, I have friends who have VW and they are pain to maintein, because any little problem has to be solve the WV shop, and they are very expensive.
Ask for help from an experienced person, parent, friends, coworker and do your research in internet before going to any lot. You will save time and money.
You could also buy an used car and save a lot of money. New cars are good if you are going to keep your car forever.
2006-07-29 09:53:21 · answer #4 · answered by wazup1971 6 · 0⤊ 0⤋
I would buy a good pre-owned car for now. The down payment is up to you. But the interest rate you will pay on your car note is inversely related to your credit score. Either car would be a good choice.
2006-07-29 08:13:18 · answer #5 · answered by lj1 7 · 0⤊ 0⤋
You should have a parent or friend or somebody who has had experience buying a car. A car dealer will try to take advantage of you as many ways as they can. You need to be careful. I owned a VW Passat, light bulbs kept burning out, big $$$$ to replace.
2006-07-29 08:14:46 · answer #6 · answered by Anonymous · 0⤊ 0⤋
Buy a new Toyota. Toyota offers great incentives. like low fiancing rates or rebates. If you do buy (any car), use the internet to do the dealing. Internet clients get better deals and better service.
Jettas are known for having transmission problems, Ford Focus are decent.
2006-07-29 08:27:49 · answer #7 · answered by Ren 3 · 0⤊ 0⤋
It can be but do your research and usually ordering the car the way you want it is cheapest for it does not sit on the lot so the dealer is less likely to mark it up because it is sold off the delivery truck
2006-07-29 09:21:59 · answer #8 · answered by Anonymous · 0⤊ 0⤋
properly to commence i might say how stable can a 13 year previous automobile be. you eventually finally end up putting a lot of funds into previous vehicles they burn greater gas. they are not as risk-free. i might tell your dad that paying for a clean automobile might propose having a stable automobile, safer, greater effective on gas. maximum folk think of latest vehicles are overvalued yet you in addition to mght get an rather extreme-high quality be sure which will conceal the automobile. previous vehicles are threat takers you on no account comprehend whilst they are going to supply out.
2016-12-10 17:06:32 · answer #9 · answered by Erika 3 · 0⤊ 0⤋
buy a used car for a couple thousand thats what i always do
2006-07-29 08:31:11 · answer #10 · answered by Anonymous · 0⤊ 0⤋