I’m only 22, female if that matters. I’ve never had a car but have been looking into getting one recently. I live with my mom and sister and we all share one car, a 2004 Toyota Corolla CE. It’s working but honestly old and is probably on its last legs. I have been looking into a Honda Civic, something real classic and cost efficient, all that good stuff.
I originally wanted a used car. I’ve heard so much about how new cars depreciate in value the moment you drive it off the lot. And especially since it’s my first car too, I just don’t want to make a stupid move.
I went to look at Honda Civics today and the price difference between a new and pre-owned car was probably $1k-$13k or so. Because of this, my mom just wants me to get a new car. Granted, the car is going to be under my name, but it will sort of be used as a family car until I move out or something. And we know nothing of cars.
I plan on paying for the car full in cash/cashier’s check.
Is this a bad move? I’m not going broke by buying this new car and I’m not going to go into debt, but it’s my first car and all. Please help!!
Submitted May 21, 2021 at 03:28AM by minnieyolk https://ift.tt/3u7HYhs
