Powered by Max Banner Ads 

newcarshopper asked:


I have no chargeoffs, and have never been late with any bills, rent, tuition, etc. I’m interested in purchasing a car to replace my gas-guzzling truck now that I’ve landed a great entry-level financial position, and I’m curious as to what to expect from my situation. The car I intend to purchase has an MSRP of $21,000, and I intend to put right around $9,000 down and pay the tax up front (TX 8.25%). I’ve calculated some payment estimates, but since my credit isn’t established, I’m wondering what type of rate I can expect to pay on my loan. I intend to finance the car for 60 months. With a substantial down payment of more than 40% of the car’s value, and net income of $25,000 a year, will I still have a difficult time getting reasonable financing with my young credit history?

Manuel

emh_tx asked:


I am looking at a nice used car (2006 Volvo S40 with 35k miles on it). It is priced right on for mid-low retail (13,000) and is on the showroom floor of a used car dealer. I don’t want to pay there asking price, although it is advertised as having been reduced. Very nice car, how would you recommend I get the price down $1000 or so?

Tanya

Nay asked:


Im 16 and about to buy a car in 2 months, im graduating and going to college in california and i live near georgia so im not to close. so i need a car thats good for traveling, im looking into buying a car like a jeep grand cherokee or something that size but a smaller car would do to. any suggestions?

Anne

The cole train asked:


Cars usually are too low to the ground and hit some parts on the bottom of the car. Are there any cars with good mpg that can ride good on gravel roads?

Roland

Sher asked:


I recently lost my job and have not yet found a new job. I owe approximately $6,000 on an $18,000 car loan. Does anyone know the law regarding repossessing. I was just wondering how many payments I could legally miss before losing my car?

Deborah

JACQUELINE asked:


I see Civic cropping up a lot on other’s questions, but I know it’s high on the theft list. I’ve been driving a Saturn SC3, but it’s burning oil and I need something reliable. And I’ve noticed that Kia’s are dissed but my brother owns a Spectra and he can just plow that little car through snow when my little Saturn always gets stuck. I am looking at options. I make $10 an hour, so the sky is not really the limit. I am looking for a car that makes good economical sense and will probably buy it used certified if and when either my other debts are paid off or my cars engine catches on fire and the insurance company writes me a check. I’m just tired of running to have my car worked on 3 times a year for whatever random thing happens to go wrong.

Roy

Shady Genius asked:


Im looking to buy my first car and little by little modify it to use for drifting.Im looking to spend 5-10k on a used car.Would anyone have any good advice or can point me in the right direction? Thanks!

Duane

vuwildcat07 asked:


I am graduating from college this year but am planning on doing a 1-year graduate program. I had my own car that my parents bought me but it was totalled in a freak accident. They purchased a new car with the insurance money and I got my dad’s old car. Technically, the car I have is supposed to go to my brother and since we won’t be living together next year one car between the two of us won’t work. Most car loans I have looked at have an immediate income requirement and unless someone “holds” a job for me while I’m in grad school the most I will have is $300 a month in income. I am thinking of trying to take out extra money via student loans since this will be a “necessary” expense for my schooling. Any ideas/suggestions?
I would imagine that my credit score is rather high–I use credit cards wisely and always pay the bill in full & on time.
Due to my parents’ requirement that my car have ABS and side curtain airbags (they said they’d pay for insurance until after school), the car I would buy would have to be new or only a few years old (meaning that I would have to spend at least $10,000).

Marion

Devin M asked:


I heard that car insurance is pretty expensive for older muscle cars, and I’d like to know around how much a month car insurance would be for a 1968 ford mustang?

Leroy

MM asked:


I’ve had this car for 3 days and have driven less than 100 miles on it. My insurance went up to 1400 for 6 months because for a lease you have to have full coverage… the insurance the leasing place recommended quoted me at that much for a year but are making me sign power of attorney to them? Hell no. I dont want to deal with this. How do i return my car

Tanya