Post # 1
So here it goes:
I got in a car accident a week and a half ago. Totaled my car. My credit is crap because of two years ago when I couldn’t pay my hospital bills from giving birth. (I was young and out on my own. They are paid off now and have been for a year.) Anyways, my father said he would cosign on a car loan for me so I could get a car. We went out this week to look for cars and let me just say this, reality hit me square in the face. Alot of cars were wayyyy out of my budget. We wanted to stay in the $200-$250 a month payment price range. We found a couple cars but they were 5-6 year loans and $16,000 cars that I was not interested in getting myself into. Here is my dilemma or question out of these two cars which one would you choose:
2006 PT Cruiser
Mileage: 70,000, 3 month warranty, $250 payments a month for 42 months, and would help build my credit up so in a year I could trade in to get my dad off the loan. Also a plus would be it runs on regular gas.
2006 VW Passat (My mothers car)
130,000 miles, $200 payments for 40 months, 3 year 36,000 mile warranty, I know who the only owner of the car was and it was taken care of, they just put all new tires on last week, but wouldn’t build my credit because I would just be paying my dad.
Here’s the thing with the Passat, my dad has been wanting to sell her car for a while to get a new car. He says if I pick to do a car loan from a dealership they won’t get a new car till mine is paid off (long story).
What the eff do I do?
Post # 3
Based solely on the car, I would get the passat. I have a Jetta and couldn’t be happier. Before that I had an older Jetta. My dad has an old Jetta (97) with over 350k miles on it (gave it to my brother, but it still runs fine). We are huge VW people.
However, if the PT Cruiser makes more sense financially, it’s probably not a bad option either. Can you keep looking and find more options so there’s something for you to build credit with? Maybe something else that’s Japanese or German (my personal car preferences)?
Edit: also with your mom’s car, her manufacturer’s warranty is up so I’m not sure what you mean there.
Post # 4
I’d go with the Passat, if for the warranty alone. I also have a strong dislike for PT Cruisers, so I might be extremely biased.
Post # 5
Well, the other thing to consider is maintenance costs — my dad used to drive VWs and he basically made me swear not to get one because maintenance is EXPENSIVE (since it’s an import and harder/pricier to get parts). I don’t know if that’s still the case, though — maybe @BlondeMissMolly: can weigh in? With that kind of mileage on it, maintenance costs are definitely something to take into consideration!
Post # 6
If it were me, I would want to build my credit, so I would pick the PT Cruiser. It also has less miles on it.
Post # 7
How are you getting a 3-year warranty on a 2006 vehicle that you’re buying off of your parents?
Post # 8
@vorpalette: My dad will buy the extended warranty for it.
Post # 9
@iarebridezilla: Totally agree – maintenance is way more expensive on European imports. I used to drive a mid-90’s BMW and I called it the BMW tax every time I went to the mechanic.
If the Passat is one-owner and OP knows it’s been maintained, that would be helpful. On the other hand, even though the PT Cruiser would cost less to repair, Chrysler models aren’t exactly known for reliability and it may need more frequent repairs than the Passat.
Post # 10
Anything but a PT Cruiser.
Post # 11
I vote the Passat but I’m a big fan of VWs. DH and I have a 2003 Jetta and a 2010 Passat and love them. And we’ve had almost no maintenance issues with either.
ETA: I’ve owned both since they were brand new so I know they were taken care of properly.
Post # 12
@bleusteel: I’m with you on this one. It’s a tough call, as there are pros and cons to both. We had a Passat and I hated it, and I had a Chrysler and I hated it. Subaru all the way! lol
Post # 13
My husband has PT cruiser and loves it. I hate it but I’m not a fan of small cars. It has plenty of space inside which is nice and is pretty good on gas. His is a 2008 with about 70,000 miles and he hasn’t had a problem with it yet.
Post # 14
Passat for sure. I would caution against an older non-German built Volkswagen but I am fairly certain that a 2006 Passat was built in either Mosel or Emden.
Check out this link and compare with the VIN (digit 11 indicates the build location) to see for yourself:
German built are of a much higher quality and that’s why I chose the car that I have, a 2008 Rabbit. I bought my car new, it has 115,000kms on it and I’ve had to change my headlights and do regular maintenance – that’s it.
Post # 15
@iarebridezilla: Agreed. I have several friends that own VW vehicles and they are always telling me how expensive they are to maintain. They tend to have a more than average amounts of electrical problems as well.
On the other hand those that I know that drive PT Cruisers absolutely love them!
Here is a helpful website comparison:
PT Cruiser – moderate issues
Passat -Significant, expensive issues
Post # 16
- Wedding: October 2011 - Bed & Breakfast
Mr. LK inhereted a PT Cruiser. It was the biggest piece of crap ever. It was in the shop every other month for something. In the first year of owning it he spent $5000 on repairs. When it got above 80 degrees, the car refused to start. The power windows were broken. It ate through tires at an obscene rate. Seriously, ANYTHING is better than a PT Cruiser.
I, on the other hand, had a Passat Wagon, drove it for 8 years, and loved it. It did have a penchant for going through heating cores, which was an expensive repair. But otherwise basic maintenance was all it ever needed. I agree with the recommendation to make sure the VW was built in Germany. The VWs built in mexico are just not as high in quality as those build in Germany.