I have been looking for a good second hand car for a while now. Although I just mentioned it on my blog a couple of months ago, I actually have searched for at least a year. Actually, this delay is because while I would like to have a car, I don't need one. I could still make do with the family car for now. This is also why I see no reason why I should spend a small fortune on a spanking new car when I could buy a low cost house with that money already. Besides, the thought of committing myself to a seven or nine year auto loan scares me!
You know, for the past month, I have been looking at various online classifieds that list used cars for sale but I haven't found any car that I like enough to buy. Of course, there are cars that I would like to have but they are out of my budget. I am a cheapo if you do not know yet!
Buying a used car, I do not expect it to be in tip top condition. I also need to take into consideration the extra cost of engine overhaul and/or refurbishing the interior of the car. Perhaps it needs a new coat of paint as well. All these would add up to the cost of the car. That's why I am not going to pay too high a price for a car unless it does not require any fixing at all.
I have to admit that I have no experience in buying a car, new or used. However, I have talked to a few friends and also my father and brother so I do have a fairly good idea the kind of car that I would like to have that fits my budget. Also since this will be my own car, and I am single, I am looking for a compact car. It would be easier to drive and park too!
I will continue to hold off buying a second hand car for now because I am betting that prices will continue to fall as the economy isn’t recovering anytime soon. Hope to get a good deal!
You know, for the past month, I have been looking at various online classifieds that list used cars for sale but I haven't found any car that I like enough to buy. Of course, there are cars that I would like to have but they are out of my budget. I am a cheapo if you do not know yet!
Buying a used car, I do not expect it to be in tip top condition. I also need to take into consideration the extra cost of engine overhaul and/or refurbishing the interior of the car. Perhaps it needs a new coat of paint as well. All these would add up to the cost of the car. That's why I am not going to pay too high a price for a car unless it does not require any fixing at all.
I have to admit that I have no experience in buying a car, new or used. However, I have talked to a few friends and also my father and brother so I do have a fairly good idea the kind of car that I would like to have that fits my budget. Also since this will be my own car, and I am single, I am looking for a compact car. It would be easier to drive and park too!
I will continue to hold off buying a second hand car for now because I am betting that prices will continue to fall as the economy isn’t recovering anytime soon. Hope to get a good deal!
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