I'm a fairly new driver so I don't know much about buying cars. There's a Mitsubishi dealership near my house that also sells used cars. Would I be able to make payments on a used car no matter what the price of it is or are payments only for new cars? I wouldn't need to take out a loan since the car I want isn't too expensive, but I need a car asap for work and school.
Answers (2)
I suggest you decide right now that you will NEVER have payments on your wheels. 100% down and nothing a month. The first time you lose your job you will understand what a joy it is to own your car free and clear. And then all that money that would have gone for interest can go into savings to pay for another car when it's time.