Car Buying 101
February 28, 2013 8:50 AM Subscribe
I need a car. I'm poor. I've never bought a car before, and it's been a long time since anyone in my family has bought one. Need guidance. How do you buy a car?
posted by royalsong to travel & transportation (15 answers total) 11 users marked this as a favorite
I am so very tired of driving old used cars that break down every couple of months. My current car (1994 buick lesabre) is leaking coolant and has now developed a putputting when accelerating. Not to mention it eats gas like it's candy.
I assume, being poor and all, that I can't afford a new car. I'd have to get a used one. Problem is that I don't know how to buy any kind of car, new or used. I see advice that says I should get preapproved for a auto loan, but where do I even get one of those?
I could, at most, afford a $200 monthly payment. Is it even possible to have a car loan that's sub $200? I see tv advertisements that say I can, but I am skeptical. There's gotta be strings attached.
How do I even know, if I buy a used car, that it's not going to break down on me within a year of buying it?
Complete car newbie here. I don't know what I'm doing. All my prior experience has been "for sale by owner" types. Hope me.
Possible relevant details: I do not live in a place where public transportation is an option. I already car pool for work, but this doesn't work for grocery shopping. Work is a 20 minute commute over pot-hole ridden roads