I am 18 and want to get a new car, but cannot really afford the insurance or payment. Would it be better to just get an older used one until I fet a better job?
2007-11-06 05:38:03 · 12 answers · asked by Anonymous in Cars & Transportation ➔ Buying & Selling
You should really think about the long-term effects. Being so young, I would think that you may want to just buy an older- or even newer used car. Payments and full coversge insurance can really kill you in the long run. I work a full-time job and make decent money, however, my car payment and insurance is a large portion of what I take home monthly.
To many times younger adults want very nice things (which is ok) but just wait and establish yourself a little bit more before making the new car mistake.. I mean laep. :)
2007-11-06 05:46:57 · answer #1 · answered by mustangfreakz 3 · 1⤊ 0⤋
Used car - in good nick - low mileage. Ask for a full service history. The previous owner has tested it for you. Check the mats and rubbers on the pedals for excessive wear. See if the oil is clean. Does it smells good inside. Don't buy from a poor area - if they can afford a £500,000 home - they have probably had the car serviced regularly! Use nice crisp bank notes and wave them around a bit to pay. Maybe take the asking price less 10% and say that is all you have! Finally, make sure you are insured to drive it home or take someone with you who is! Buy a Vauxhall - they are reliable. I bought this one: http://www.mike10613.talktalk.net/Gallery3.htm
2007-11-06 06:05:32 · answer #2 · answered by Mike10613 6 · 0⤊ 1⤋
You are better off getting a cheap and reliable used vehicle, and preferably paying cash for it rather than financing! Your insurrance is going to be high, just becuse of your age and lack of driving history.
Check with your insurance agent and see what type of car will be cheaper to insure. Have the car checked out by your own qualified mechanic prior to purchase!
Good luck!
2007-11-06 05:57:54 · answer #3 · answered by fire4511 7 · 1⤊ 0⤋
Regardless of how much money you make at your job buying a used car is always a better idea.
Cars lose values quickly. The used market is flooded with cars that are in perfect condition that someone else has already taken the depreciation hit on.
Buy Used, Its the smart thing to do.
2007-11-06 05:49:11 · answer #4 · answered by mccoyblues 7 · 3⤊ 0⤋
Definitely, you should get a used car. Buy a used car, like toyota or honda, less maintenance, lower insurance, saving gas, interest cause cost of the car is lower than new ones.
2007-11-06 08:42:14 · answer #5 · answered by Anonymous · 0⤊ 0⤋
If you can't afford it, you can't afford it period! Buy a car with the money you have for now on a good car that will get you to and from work, then save your $$$ until you can afford one.
2007-11-06 06:23:46 · answer #6 · answered by Anonymous · 1⤊ 0⤋
Go find a dealer that deals in Program cars these are fleet cars that are well maintained a year old with 30K or less and a heck of a lot cheaper than a new one.
2007-11-06 06:30:58 · answer #7 · answered by Uncle Red 6 · 1⤊ 0⤋
You just answered your own question...get an old beater that you can afford and the insurance will be cheaper and more affordable.
2007-11-06 05:47:51 · answer #8 · answered by ? 7 · 2⤊ 0⤋
never buy new cars
they are a huge rip off
only buy cars that are at least 2 years old, b/c cars depreciate the most w/in the first two years
2007-11-06 05:45:46 · answer #9 · answered by tuberk768 5 · 2⤊ 1⤋
maybe you could just lease a new car until you get enough mney to buy a new car. if you do decide to get a new car than buy it on the last day of the month.
2007-11-06 06:05:11 · answer #10 · answered by person 3 · 0⤊ 1⤋