I'm 22 years old looking for a car. Need some opinions that will help make my decision?
Should I buy, lease or buy a used car.
I'm leaning towards a new Hyundai accent or a used honda civic/accord.
Should I buy a used $10,000 honda from a dealership? Or should I buy a $15,000 hyundai accent? OR get a 15,000 used honda civic? (Brand new ones are way out of my price range)
I have $6,000 for a down payment. It will be under my dads name who has good credit. I've been doing research on trying to find the best dealerships in LA as well as trying to figure out which car is the safest.
I will be paying for my payments each month and if I'm lucky I'm hoping that I won't have to pay more than $180.
Stressing it a little. Hope someone can help me out. I'm open to any other cars.
If you DO decide to buy a used car, try to make sure its not more than 10 years old. BIG problems come along with vehicles older than 10 years!
Never lease.
Would strongly suggest you buy a $6000 car for cash and start yourself out right… On good financial footing.
http://www.daveramsey.com/article/drive-free/
180 a month is a good place to start and it helps that you have 6000 down. If you want to keep your insurance rates down you might want to look for a car that's not sought after by alot of people. Particularly I'm talking about an older car. You might have to put some money into it so it'll pass inspection but it'll be worth it in the long run.
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