That's like leasing a Aston Martin..lol
People are spending $550 on a car note, but the coli told me most can't save $1000
- Thread starter Ezekiel 25:17
- Start date
so what do you expect people to do? Unfortunately there are necessary expenses that people have to take on
Thats why you check it's history and mileage. Get a used car under 90K mileage with no accidents reported and no engine lights and you won't have to worry about it being broken down every week. If it's still breaking down despite that, you probably just the type of person that doesn't properly maintain a car, (regular oil changes, inspections etc)
Dwayne_Taylor
Superstar
Thred full of 
A reliable used car us going to cost way more than 500-1300
A reliable used car us going to cost way more than 500-1300
Field Marshall Bradley
Veteran
Some clown with Garvey in his handle, told me to prove to him I make over 200k by showing my car keys
I have 2 cars, both Nissans. One for wifey. 2010 and 2011. Sentra and maxima. My sentra is paid off and the maxima will be by the summer. Thought about getting a new car but I still balk at paying over $400 a month, no mater how much I make. Reason being, Im not trying to impress no one and Im usually home most of the times.
I may go to a dealers auction end of the year to look for a suv/van but I dont have a problem buying used
I have 2 cars, both Nissans. One for wifey. 2010 and 2011. Sentra and maxima. My sentra is paid off and the maxima will be by the summer. Thought about getting a new car but I still balk at paying over $400 a month, no mater how much I make. Reason being, Im not trying to impress no one and Im usually home most of the times.
I may go to a dealers auction end of the year to look for a suv/van but I dont have a problem buying used
There's absolutely nothing wrong with buying used.
Stop going to Buy Here,Pay Here lots and actually go to dealers.
People go to these little ass joints with a one car garage that they fix on and work on cars out back and sell in the front talking bout "I copped a car".
My coworker bought a brand new Porsche Cayenne in Nov...he just traded that bytch back cause he wanted a different color.
He didn't lease the shyt .or put down a down payment, he bought the shyt. He thought he was happy with black, now that it's heading into summer he's like " I don't like the color and I'm not going to drive a car I don't like." Found the color he wanted in another state, had it shipped to the local Porsche dealer went in and swapped.
Right now if you drive by his old shyt is on display in their lot. Granted its a Porsche dealership and not Jerry's cars that mentality of "if it's used it ain't good" is for the birds. You can get the same warranty and packages on used cars from the dealership as new.
Ezekiel 25:17
Veteran
Thred full of
A reliable used car us going to cost way more than 500-1300
What ever helps you cope spending $35,000 on that Maxima patna
That 1998 ES300 was the shyt
You still see em on the streets too
IsThatBrothaMouzone?
Veteran
$550/month seems like a lot....what kind of cars are people buying?
Actually makes sense with all the trucks and SUVs on the road.
Lease = you don't mind having a car note, like nice/new cars and don't drive your cars into the ground.
Buy new= don't mind the depreciation hit, you can pay it off within 3 to 4 years and you plan on driving it into the ground. You might be upside down on the car halfway into the loan. 0% APR...get your own financing, maybe a credit union.
Negotiate the total price/MSRP....not the monthly payment. They trick you with monthly payment talk to find out how much per month you want to spend. You say "$500" and then they say "OK" well we can put you in the car with all upgrades for $475/month.....but the loan will be for 72 months instead of 48 or 60.
Buy used = do lots of research beforehand on the car, get your own mechanic to check it out, put a good amount of cash in it...avoid German rides with known issues after the warranty...probably a good bet if you're just going to work and home. Don't buy too old because you want the best safety features. Used prices have gone up since the demand for used has gone up.
Actually makes sense with all the trucks and SUVs on the road.
Lease = you don't mind having a car note, like nice/new cars and don't drive your cars into the ground.
Buy new= don't mind the depreciation hit, you can pay it off within 3 to 4 years and you plan on driving it into the ground. You might be upside down on the car halfway into the loan. 0% APR...get your own financing, maybe a credit union.
Negotiate the total price/MSRP....not the monthly payment. They trick you with monthly payment talk to find out how much per month you want to spend. You say "$500" and then they say "OK" well we can put you in the car with all upgrades for $475/month.....but the loan will be for 72 months instead of 48 or 60.
Buy used = do lots of research beforehand on the car, get your own mechanic to check it out, put a good amount of cash in it...avoid German rides with known issues after the warranty...probably a good bet if you're just going to work and home. Don't buy too old because you want the best safety features. Used prices have gone up since the demand for used has gone up.
Yall nikkas giving me heartburn.
GoAggieGo.
getting blitzed.
Credit is probably f’d up, and the banks are taxing them on interest. You got people out here driving $18,000 Corolla’s, paying $500 on a note, when if their credit was decent, that number would be significantly lower.
Many issues at play; as you have folks living above their means, hurting from past financial mistakes, etc. community is hurting.
Many issues at play; as you have folks living above their means, hurting from past financial mistakes, etc. community is hurting.
Dark Knyght
All Star
I always had a rule that i would never pay more than $300 a month for a car.
You can get working car that cheap but not some long term reliable car that cheap. $500 is literally how much they give you at the junk yard for a scrap vehicle.Thred full of
A reliable used car us going to cost way more than 500-1300
But a reliable everyday driver though can be had for 3k to 5k though.
Good post and i just want to point out in regards to the research. Look at the title too. Never buy a vehicle with a scrap title, means it was wrecked and rebuilt. They have All sorts of issues even if its a newer car. There are plenty of websites also that tell you if it has been in any accidents. Mileage is good indicator of how much life a vehicle has. Most Cars start becoming unreliable at 100K, but a well maintained car can last up to 300K. No engine lights, you see that pass. buying the right used car can also net you a profit on resell unlike new. Big engine v8 muscle cars tend to retain value because they are collectors items. Versus luxury cars where people value the newest features and tech.