Re: Gonna buy a car for college, suggestions?
Posted: Tue Jun 09, 2015 2:45 pm
Now, I grew up rather poor, so a $10,000 car for me, is a nice car. I started out driving a 1991 Pontiac Grand Prix with a v6 engine in it that was bought for less than $2000. My next car I bought for $8500 was a 2004 Dodge Neon. Great car, great engine, great gas mileage, but crappy everything else. I later traded that thing away for a 2005 Toyota Tundra, which I bought for $10,500 and have been driving ever since. The Dodge Neon was what got me through college.
Quite frankly, you want something that's cheap to maintain, cheap on gas, and cheap on insurance. The insurance is the kicker. For being under the age of 25, your insurance is going to be high. And most lenders are going to require that you have full comprehensive with what's called GAP insurance. The sportier the car, the more expensive the insurance. I remember my insurance went from $135 a month for my Neon down to $85 a month when I bought my truck.
Of the cars you listed, I would much more be inclined to go with a Honda. They are cheap, fast, and reliable, and easy on maintenance and fuel costs. Of course that Mazda 6 is decent as well.
Quite frankly, you want something that's cheap to maintain, cheap on gas, and cheap on insurance. The insurance is the kicker. For being under the age of 25, your insurance is going to be high. And most lenders are going to require that you have full comprehensive with what's called GAP insurance. The sportier the car, the more expensive the insurance. I remember my insurance went from $135 a month for my Neon down to $85 a month when I bought my truck.
Of the cars you listed, I would much more be inclined to go with a Honda. They are cheap, fast, and reliable, and easy on maintenance and fuel costs. Of course that Mazda 6 is decent as well.