I have 3200$. I make 700$ a month. the 07' models just came out.
2006-11-13 13:50:01 · 8 answers · asked by Anonymous in Cars & Transportation ➔ Car Makes ➔ Honda
i live with my parents
2006-11-13 13:55:05 · update #1
If it were me, I wouldn't go through with it
2006-11-13 13:54:13 · answer #1 · answered by osunumberonefan 5 · 0⤊ 0⤋
YES YOU CAN!
$3,000 is a pretty good down payment. After that you will have to take out a car loan. Depending on how long you want the loan to go on depends on how much money you will have to pay. Say it is over 48 months... it will probably be about $400-500 a month. Now the new 2007 EX civics are around $20,000 asking price.. if you want to get is cheaper I would go for the 2006 (which is identical to the 2007) and work the sales man to give you about $2,000 off.
But yea you have to pay insuance which can range greatly depending on your insuance company.. you might have to call a broker or go online and get quotes for your insurance finding the lowest rate. And gas shouldnt be a problem seeing as honda civics get almost 30mpg.
--Good Luck!--
2006-11-14 06:57:52 · answer #2 · answered by xkie07x 2 · 0⤊ 0⤋
Sure, but you'll be living with your parents for the next five years too. If you ever hope to pay rent or a morgage, you'd better get a big raise first. If you want the new-car warranty, look at an Accent, Yaris or Corolla. Even the Fit is kind of expensive. Otherwise see if you can get a good loan on a used car with some warranty, or get a very reliable used car, like an older Civic.
2006-11-13 14:29:52 · answer #3 · answered by Enrique C 3 · 0⤊ 0⤋
properly the extra funds you positioned down for a motor vehicle the less you funds grow to be, and additionally you will ought to get your credit regarded at, till now going to the broking getting their credit union to artwork for you, attempt a financial corporation first, by way of fact the financial corporation brokers are no longer below tension to objective to sell you a motor vehicle and lots extra possibly provide you a extra effective outlook of your funds. additionally extra moderen autos from the broking often carry the guarantee too, so merely the situation-unfastened maintence on them (oil differences, tires, brakes) yet while the motor vehicle is extra moderen or type new, won't ought to be stressful approximately it for a mutually as, the subsequent element to be stressful approximately is the coverage, it is fantastically severe on a sparkling motor vehicle. What i did replaced into purchase a hire return, it had the generating facility complete guarantee and replaced into approximately 8000 greenbacks below new, by way of fact as quickly u force off the lot the motor vehicle depreciates.
2016-12-14 06:44:48 · answer #4 · answered by ? 4 · 0⤊ 0⤋
You should try saving up just a little bit more. You never know what will happen and you don't want to find yourself in a pinch. Your ideal monthly payment should be goal. Best of luck!
2006-11-14 02:33:09 · answer #5 · answered by Jessica B 4 · 0⤊ 0⤋
does it fit in with your budget?count the cost. find out from a car dealership about what your payments will be. dont forget the car insurance. do you live with your parents. does any one help with rent?sit down and calculate all the bills and then youll know if you can afford it or not.
2006-11-13 13:56:34 · answer #6 · answered by jbearbooboo 3 · 1⤊ 0⤋
Yea you could.
use the 3200 down. monthly payments shouldnt be more then 300/m
2006-11-13 14:41:29 · answer #7 · answered by mommy2savannah51405 6 · 1⤊ 0⤋
Hmm, Very close. What about insurance, gas and living expenses?
2006-11-13 13:51:46 · answer #8 · answered by Silverstang 7 · 1⤊ 0⤋