Post # 1
Car question..need some advice.
This was my post yesterday. I talked to my parents last night (the title of my car is still in my dads name. Graduation gift.) and they are all for it. So I found a car I like but my mom says she is a little hesitant because this car should be worth more. Here is the link:
What do you ladies think?
Also I will be selling mine for $4,000 and putting $3,000 down on this one. I will use the leftover for registration costs. I will finance $1,000. Is that possible?
Post # 3
@figgnewton: I would get your car appraised. I’m struggling to believe that an 11 yr old car with 120,000 miles & non working AC is worth $4k.
Also, buying another 11 yr old car- esp a dodge- would be concerning to me. Can you afford any financing? personally, I wouldn’t buy a car more than maybe 5 years old. Cars are not built to last forever & I would worry that you’d be sinking money into it fairly quickly.
Just my opinion, but I wouldn’t do it.
Post # 4
@mamadingdong: +1 i wouldn’t buy a used car over 5 years old. you’re just going to end up going through this again in a year or so especially with a chrysler. PT cruisers aren’t the best cars. can you look for a used honda or toyota? those are the 2 brands i would recommend as far as value and lasting a long time. maybe even subaru (i’m biased towards subaru because i have one).
Post # 5
@calibee79: I really want a Toyota Camry. Even if it’s a 2002. I love Toyotas. I thought PT Cruisers were good? Thanks for the input (:
@mamadingdong: Honestly I can’t afford a car that is that new. I wish but I can’t. & A friend of the family looked at my car (he’s a dealer) and said it’s worth $4,000 private sell. He would sell it for $5,000. The air works just not like I want it to. I could get it fixed but I don’t want klutch anymore that’s my biggest thing.
Post # 6
What about a 2004 Toyota Camry?
Post # 7
@figgnewton: check out the dealerships in your area to see if they have any used cars available. remember, you can deal down the price with them. be firm and be prepared to walk out if they don’t go for the price you want. if it’s at all possible to get financing from a third party before going car shopping, it will be easier to deal down the price.
just saw your comment- i think that would be a good choice!
Post # 8
I agree in that I think you should be looking into other vehicles. if you theoretically with have 5-7k to put down on a vehicle you could buy a much newer car and finance it. Presently dealerships are really doing all they can to get you that loan. I was lucky enough to have good credit, but I bought a brand new Corolla last year with 1k down no trade in, and a letter from my manager at my job stating I made at least 1k a month as a waitress. Obviously it is important to realized whether you could afford 300+ a month for a car payment (and another 120+ for insurance), but I wouldnt be ruling out new cars yet if you are concerned to be financed. I dont believe they would finance you for only 1k at that rate youre better off waiting a bit to save up that last 1k. It also doesnt seem like the vehicles you would be getting are much of an upgrade, I wouldnt waste all that money unless you could be really confident that it is considerably better.
Post # 9
I used to work at Chrysler, my husband still does, and I wouldn’t buy an ’02 PT. Those things are rolling bricks and you’ll do nothing but put gas in it, reliability issues aside.
If you can’t afford a new car get a used car. I can afford a new car and I’m looking for a used car just because it makes more sense (to my husband). That said – make sure you’re upgrading. I get not wanting to drive a stick anymore (ok, actually, I don’t, I love driving a manual – wth is “klutch?”). But AC could be as cheap as $30 to recharge. Go to AutoZone and get a can of R-134a with the gauge attached. Bat your eyes at the guy at the counter and ask if he can help you quick hook it up to your car. It’ll take 5 minutes. Hardest part is finding the service port for the AC, which you can probably Google before you go.
Then start looking for a car that fits your needs if you still don’t want to keep yours. You’ll only get more for it if the AC works and you’ll be comfortable driving it to look for a new one. 🙂
Go to Autotrader.com and do the advanced search based on whatever you want. 4 doors, less than $8k, less than 100k miles, automatic. You’ll realize how many cars are out there and then narrow your search to a particular car or brand once you see what you like.
Maybe your parents or someone could lend you a few $1000 so you could buy private party? That would save you quite a bit since dealerships mark up used cars A LOT.
Post # 10
Don’t buy a Dodge. PT Cruisers especially are so out of vogue – i’m sure that’s why it’s cheaper! If you are going to buy an older car, you really need to get a Honda/Toyota/Hyundai. American cars are crap (sorry, but they are. Every American car we had was just awful).
Post # 11
@figgnewton: an 04 Camry is 1000 times better than a pt cruiser. Honda & Toyota are the best a they hold their value and are not very expensive to repair.
Post # 12
Wow, used cars are expensive in LV! I’m bored on my lunch break, so I looked up a couple of other cars… what about these? I agree with PPs, nothing over 100K miles, or older than reasonable. You don’t want to be in the same boat in a couple of years.
2006 Hyndai Sonata for $7,491
2007 Kia Spectra for $6,960
2006 Suzuki Forenza for $7000 (this one is my favorite!)