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Old 12-27-2012, 06:50 PM   #1
Easy 6 Easy 6 is offline
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If she's that bad, she'll likely need atleast 2k down and be prepared to pay crazy (15-20%) interest.

If thats the route she goes, just make double sure that they report to the credit bureau, so she can atleast start building better credit after biting the high interest bullet... many of those places dont report.
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Old 12-27-2012, 06:53 PM   #2
Saul Good Saul Good is offline
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Originally Posted by scott free View Post
If she's that bad, she'll likely need atleast 2k down and be prepared to pay crazy (15-20%) interest.

If thats the route she goes, just make double sure that they report to the credit bureau, so she can atleast start building better credit after biting the high interest bullet... many of those places dont report.
If she's got $2000 to put down, she should just buy a $1500 car and set $500 aside for repairs.
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Old 12-27-2012, 06:56 PM   #3
Easy 6 Easy 6 is offline
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Originally Posted by Saul Good View Post
If she's got $2000 to put down, she should just buy a $1500 car and set $500 aside for repairs.
$1500 for a car these days, is almost wasted money.

You can get lucky and find a real gem once in a while, but in most instances they're not even worth driving, just a perpetual drag on the pocketbook.

Its usually better to pony up and get something as new and nice as possible.
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Old 12-27-2012, 06:57 PM   #4
SAUTO SAUTO is offline
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Originally Posted by scott free View Post
$1500 for a car these days, is almost wasted money.

You can get lucky and find a real gem once in a while, but in most instances they're not even worth driving, just a perpetual drag on the pocketbook.

Its usually better to pony up and get something as new and nice as possible.
I disagree
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Old 12-27-2012, 07:01 PM   #5
Bugeater Bugeater is offline
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I disagree
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The reason you disagree is because you have the skills required to keep an old POS running.
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Old 12-27-2012, 07:05 PM   #6
SAUTO SAUTO is offline
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The reason you disagree is because you have the skills required to keep an old POS running.
Not true. I buy cars quite often from people.

Bought a 93 Taurus with 30,000 original miles for two hundred bucks a couple months ago. Guy was 100. Family didn't want him driving.

Sold it for 1500 and those people have had absolutely no issues.

Bought a 99 neon for three hundred, sold it for a grand. No problems in a year. Well nothing major.


Bought a 97 Olds 88 with a blown motor, put in an engine, had seven in it. Sold out for two thousand. That was nine months ago.
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Old 12-27-2012, 07:00 PM   #7
Saul Good Saul Good is offline
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Quote:
Originally Posted by scott free View Post
$1500 for a car these days, is almost wasted money.

You can get lucky and find a real gem once in a while, but in most instances they're not even worth driving, just a perpetual drag on the pocketbook.

Its usually better to pony up and get something as new and nice as possible.
You can get a year out of a $1500 car if you budget $500 for repairs. She will wind up paying more than that in interest in the first year if she takes out a high interest loan.
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Old 12-28-2012, 01:40 PM   #8
TLO TLO is offline
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Originally Posted by scott free View Post
$1500 for a car these days, is almost wasted money.

You can get lucky and find a real gem once in a while, but in most instances they're not even worth driving, just a perpetual drag on the pocketbook.

Its usually better to pony up and get something as new and nice as possible.
I agree with Jason and also disagree with this statement.
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Old 12-28-2012, 02:27 PM   #9
Easy 6 Easy 6 is offline
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I agree with Jason and also disagree with this statement.
I should've clarified, i meant when buying from a dealer.

Yeah, if your careful you can get a decent little ride for 1500.
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