I am a senior in college and need to purchase a new car. My current cars value is around 4,000 dollars and I have $1,500 saved up. I want a new car that will not give me problem.. thus I thought about leasing a new one (VW Jetta $249 a month $0 down) or taking a loan out for a used car. I will be graduation college in a year and dont want a car that will be breaking down or have to worry about getting it worked on. My car that I love and really would like is a Acura TSX costing around 20,000 used (low miles) and will last forever (The car I own now is a Acura). What should I do?
Lease a car for 36 months at $249 a month?
Take a loan out for a $20,000 car? Thats if I can afford the payments (5,500 down)
Or any other suggestions?
Lease a car for 36 months at $249 a month?
Take a loan out for a $20,000 car? Thats if I can afford the payments (5,500 down)
Or any other suggestions?