Originally posted by: AznAnarchy99
Originally posted by: ElFenix
Originally posted by: jagec
Originally posted by: AznAnarchy99
Well i was planning to buy a car off of my friend, '94 Accord, 80k miles for 4k but my mom decided that it would be a better idea to finance a new car for me since she can make the payments =) So im thinking about something in the 20s, under 30. With about 300-500 per month
I dont want something too expensive, but it also needs to have good gas mileage since all of that would be coming out of my pocket.
Some ideas were:
VW GTI
VW Passat
Honda Civic Si
Honda Accord
I stand by my statement that your first car should never be new. It's a waste of money: car payments, insurance premiums, the massive depreciation...better to get something like you were thinking, and waiting until you have a few years' driving experience before moving to the new car. Besides, by then you'll have a lot of "responsible" points with your mom, and she'll probably get you a nicer car than you would have gotten if you bought new right now.
don't forget that it won't hurt your pocket book as much when you run it into things as young drivers invariably do.
and get an insurance quote before buying anything. GTI and Si will be through the roof.
Did that already also, basically all the cars im looking at will cost me ~$300 per 6 months for State minimum; including the '94 accord im looking at.
However full coverage on the 94 would cost me ~$1000 per 6, but a new car would be ~$2000 per 6.
I dont think ill go for any new car after rethinking. Basically i can use the money i save on payments for something else.
However im still thinking of getting a newer car vs my friends old one. I saw a nice '03 G35 for about 18000 that i can afford the payments on, no down.