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Jeong · 09-26-2012, 10:22 PM

So, I've finally been able to scrape together 8,200 as down payment for an fr-s. I've visited 6 dealerships and found one that has a white frs being delivered to them by the first week of october. I am totally stoked. I've been following this car for months now and now I can finally be a proud owner of the car!

But people at my shop are telling me not to get a new vehicle when I can get a decent used car for half the price. Theyre telling me I'm being financially irresponsible and wasting away my money. They also say that anything over 3 years for a payment plan is a bad idea... HOW DO YOU PAY OFF A NEW CAR IN 3 YEARS?!

I mean, I think it's not so bad. Im 19 with no credit, but being in the military and being able to put down 8.2 gets me 6% interest on a 5 year plan. And Im planning to pay it off earlier if possible. I make enough money to pay extra on payments, and pay for my insurance and I have no other payments.

My reasoning for getting a new car is that, if I buy a junk car now and plan to buy a new car in the future, I might be out of a job and not be able to afford one or pay off the monthly payments. But if I get the new car now, Ill probably be able to pay off all of it by the time i get out and I can focus mostly on college...

I dont know anyone think its a bad idea?

09-26-2012, 10:22 PM	#1
Jeong Senior Member Join Date: Jul 2012 Drives: pet dragon Location: orange county/san diego Posts: 222 Thanks: 43 Thanked 27 Times in 21 Posts Mentioned: 16 Post(s) Tagged: 0 Thread(s)	People telling me not to buy? So, I've finally been able to scrape together 8,200 as down payment for an fr-s. I've visited 6 dealerships and found one that has a white frs being delivered to them by the first week of october. I am totally stoked. I've been following this car for months now and now I can finally be a proud owner of the car! But people at my shop are telling me not to get a new vehicle when I can get a decent used car for half the price. Theyre telling me I'm being financially irresponsible and wasting away my money. They also say that anything over 3 years for a payment plan is a bad idea... HOW DO YOU PAY OFF A NEW CAR IN 3 YEARS?! I mean, I think it's not so bad. Im 19 with no credit, but being in the military and being able to put down 8.2 gets me 6% interest on a 5 year plan. And Im planning to pay it off earlier if possible. I make enough money to pay extra on payments, and pay for my insurance and I have no other payments. My reasoning for getting a new car is that, if I buy a junk car now and plan to buy a new car in the future, I might be out of a job and not be able to afford one or pay off the monthly payments. But if I get the new car now, Ill probably be able to pay off all of it by the time i get out and I can focus mostly on college... I dont know anyone think its a bad idea?