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    jiwonstr's Avatar
    jiwonstr Posts: 30, Reputation: 1
    Junior Member
     
    #1

    Sep 17, 2008, 07:02 AM
    Buying a used car a good move?
    Hi everyone,

    I'm 24 year old with a 10 year old car. I'm thinking about getting a new car to replace my current since it's really old and doesn't look very reliable anymore.

    I was advised from college professors to get an used-car when you first start. I did look at carmax/cars sites to look at used Toyota RAV-4. I'm thinking like 2-3 yrs old used RAV4 (reg, sprt, limit.. doesn't matter) at under 20K.

    I want to hear your experience on buying a used car. Do you recommend it? Do they also have 0% APR for 48/60 months? Any advice would be appreciated. Thank you.
    ChihuahuaMomma's Avatar
    ChihuahuaMomma Posts: 7,378, Reputation: 608
    Vision Expert
     
    #2

    Sep 17, 2008, 10:34 AM
    Your car doesn't LOOK reliable? Or isn't reliable? Mine's 14 years old and it's in great shape. I won't be getting a new car for a few more years. Your best bet is to buy something that is a few years old at least. And try to have money to put down on it.
    ballengerb1's Avatar
    ballengerb1 Posts: 27,378, Reputation: 2280
    Home Repair & Remodeling Expert
     
    #3

    Sep 17, 2008, 10:46 AM
    Its up to you regarding the old car but your question centers on can this be a good deal. Carmax will not deal on their price so what you see is what you get. They do provide a brief warranty period and even a return under certain circumstances. Buying from a private party will be much cheaper but for obvious reasons, as-is no warranty, no financing and a history that is a big question. Many dealerships will also provide a 90 day warranty and help with financing but do not hold your breathe on a 0% APR for 48/60 months, not going to happen on a used car. Shop around starting with your own bank. The car dealer is often not your best deal on financing.

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