I have an 88 Nissan stanza that runs good but i've been looking at some newer models of cars. Found a few that were anywhere from $5,000-8,000. i work two jobs and live at my aunt's house while i am in college. She doesnt make me pay rent or anything, so I'm able to save up money. About how much would the monthly payments be? Should i wait? I feel like if i don't buy a newer car that will probably last longer now, I will not get the chance when i am on my own and have to pay rent and all other kinds of bills. any suggestions?? THanks in advance
2007-12-02 13:41:00 · 6 answers · asked by *Tessie* 3 in Cars & Transportation ➔ Buying & Selling
If your current car runs well, I'd keep driving it while I was in college. It probably gets decent mileage, and probably doesn't cost too much to insure if you have only liability coverage on it. (And I hope that's all you insure it for) If it doesn't cost much for maintenance, you can save your extra money so that you'll have a nice down payment when you do get a new car when you graduate and start your career.
In the meantime, you'll have that money you've saved in case something comes up. You may need extra money for your education somewhere, or an opportunity may come up to travel, invest, or something else unforeseen.
2007-12-02 13:50:41 · answer #1 · answered by Ralfcoder 7 · 2⤊ 0⤋
it all depends on what you want to do i am a car maniac and i would buy a used car and repair it a car in between 2002-2004 with a low millage because if your transmition busts then you have to waste 10 thousand on that be carful thought people know how to bring millage down
2007-12-02 13:48:22 · answer #2 · answered by tafreshian 2 · 0⤊ 0⤋
in addition they have it checked every time something is faulty with it, and glued, can not have the police officers breaking down because of the fact the automobile had a belt bypass out, or a tranny slipping and you already know all factors of provider mandatory replaced into certainly dealt with. At a broker, or a individual you have not any concept the two of how they drove, or in the event that they idled allot. a minimum of subsequently you already know the maintenance replaced into performed.
2016-10-02 05:58:11 · answer #3 · answered by ? 4 · 0⤊ 0⤋
If you're going to get a loan, get it from YOUR bank. Not through the dealer (particularly if it's one of those WE FINANCE ANYBODY! places).
How much it will be depends on how long the loan is.
Check here:
http://www.bankrate.com/brm/auto-loan-calculator.asp
DO NOT...UNDER ANY CIRCUMSTANCES...TALK ABOUT MONTHLY PAYMENTS UNTIL YOU HAVE AGREED ON A FINAL PRICE. That is the number one way to be screwed by a car dealer, and the number one way to avoid it is to not finance with them.
2007-12-02 14:05:51 · answer #4 · answered by Anonymous · 2⤊ 0⤋
I'd stick with what you have now if your car is running fine. Cars in the $5K-$8K range tend to be crap shoots in reliability. If you got a good car just stick with that.
2007-12-02 15:19:50 · answer #5 · answered by Chad D 6 · 1⤊ 0⤋
If your car is still driving, drive it until it dies, and save money so you can get a good car.
2007-12-02 15:51:40 · answer #6 · answered by wazup1971 6 · 0⤊ 0⤋