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Old 08-24-2004, 12:51 PM   #15 (permalink)
phyzix525
Psycho
 
Location: Broken Arrow, OK
getting a used car is a good idea, if you can save up the money and pay cash. If you cannot then a small loan is not too bad. If you are going to buy new then you are going to have higher insurance rates. Leaseing makes insureance even worse. I leased a new honda and have an older honda and my insurance was 350 a month. leasing is also harder to get if you have not credit, you will have to get a co-signer. Probably your best bet is to get a nice used car in the 8K range and get a loan through a credit union with your dad as a co-signer. That way you get good rates and not spending a lot of money on a new car the will depreciate faster. Also look into a honda toyota acura if you want the best car and best resale. but what ever you do don't buy with your heart, buy with your head, think about it and make a well informed choice. don't buy something cause the dealer says its good and will be gone tomorrow.and do you loans at another place, unless special offers are offered, like 1.9% from the manufacturer.
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