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re: Daughter is looking at cars

Posted on 8/22/14 at 9:38 am to
Posted by tigereye81
Member since Apr 2012
259 posts
Posted on 8/22/14 at 9:38 am to
quote:

Put the $12k down and let her finance another $8k or so. Monthly note will be low, she can build some credit, and she won't have a "new" car with 100k miles on it.


This
Posted by ELLSSUU
Member since Jan 2005
7329 posts
Posted on 8/22/14 at 9:45 am to
$12K for a Altima with 100,000+ miles. No way.

You can get a lot more car than one with a century of miles on it for that price.

The BMW will require higher maintenance costs. Nicer car but it's going to be more expensive to own and insure.

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