Looking to buy a new car, need suggestions.

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I want to get a new car, by new I mean no older than 2006-7 with as few miles on it as possible. There are plenty of cars I'd love to buy, but either payments are to high or my insurance is to high. Normally it's both of those things for the vehicles I've checked on. My goal is to not have to pay more than $500 a month for the car payment and insurance. I'd also like to not have to put any money down on a car and just use my '97 Toyota Camry as a trade in.

I'm 20 and have zero credit, one car salesman described me as a ghost. I went by my bank today to apply for one of their credit cards so I can start trying to establish credit. I do have someone who can co-sign for me on a new car and I don't really care how long a term I'm on.

So what I need are suggestions for a car that can come close to my requirements.
 
$500 a month? Good god man, you could get a whole slew of cars for that. My buddy just got a new Mazda 3 and it's $450 a month with payment and insurance, he didn't put much down either. What are you looking for in a vehicle, good fuel economy, sportiness, off-road, etc?

You should be able to get some new, American and economy, mid-sized, or truck form for a reasonable price right now.

Oh and you need to post more.
 
$500 a month? Good god man, you could get a whole slew of cars for that. My buddy just got a new Mazda 3 and it's $450 a month with payment and insurance, he didn't put much down either. What are you looking for in a vehicle, good fuel economy, sportiness, off-road, etc?

You should be able to get some new, American and economy, mid-sized, or truck form for a reasonable price right now.

Really? On the cars I've checked on I've gotten insurance quotes between 1200-1500 for 6 months from Geico.

I'm looking for some kind of sport/sub compact car or general small vehicle. I've looked at a Chevy Colorado, Scion xB, and a Kia Soul. I'd like have decent gas mileage and have a vehicle that has some sort of aftermarket with it because I'd like to be able to modify it some to make it better.

Oh and you need to post more.
I'm here all the time, I actually just renewed my Premium subscription.
 
Well I guess I need to pay attention more to who's posting :lol:.

Gieco is overpriced and awful insurance from what I'm told. They quoted me something obscene on the Cooper. Something sporty with decent mileage and a good aftermarket? Go with a Mazda 3 hatch, it's got all of that and then some.

The Kia Soul while I really like it seems to be a bit basic and not to mention a bit on the gutless side. The new Scion xB looks weird and the older one looks like a toaster, it's a good car though, driven several of them and never really thought anything poorly of them. The Colorado isn't a bad truck, although I don't know what sort of aftermarket there is for them, I know several people have bagged em though.
 
E120 Toyota Corolla
Corolla.jpg


I drove two at my driving school and fell in love with them.

The steering is so communicative, much more than anything else I've driven since, it really feels as if the road wants to talk to you, tell you how it feels. The throttle and brake petals were positively eager, delighted to give you a reaction in exchange for just the tiniest input.

Going in too quickly to a corner around town, I discovered the front tucks in -just like Enthusia- with a gentle touch of the brakes. And, when I made a fool of myself and stomped the throttle while going round a turn, the 'rolla got Pissed Off. It stood, it felt, on its right rear wheel, the front pointing skyward, madly angled. This is a lightweight car, in the order of 1200 kilos, with soft suspension. That means this: this is not a dull car, this is a car to make normal driving interesting.

But that's not to say it's a hardcore sportscar; that it will never be. That amazing steering is still a magnifying glass to the tarmac, but it's also amazingly light. The awesome weight transfer is totally avoidable if you drive as if you actually knew how. It's still a reliable, compact, four-door saloon with a low insurance payment (I assume) and low fuel consumption. There's nothing, really, to deter a buyer, excluding the boring stigma and the annoyance ("Is that my car?") of having a truly common car.

Since I made a reference to driving school, I might as well explain my automotive experience: Honda Accord (steering felt hydraulic), Saturn Vue (great pedals, rubbish steering, odd posture), Saturn Outlook (precise yet numb steering, otherwise unspeakably bad), and my Altima (slightly vague controls, slightly delayed reactions, suprising balanced cornering). It's not exactly Ferrari-esque, but I do have a good general sense of what's happening with a car, and the Corollas were just amazing, so much better than every other car I've driven in every way. It helps that it's a Toyota, so there would be some trade-in convenience after your Camry. And the compactness means plenty of breathing room on a freeway onramp or a canyon road, so you can more confidently drive like a lunatic, with that soft suspension probably giving true lunatics some oversteer out of a too-fast entry. Not to mention, it is both modern and lightweight, but this doesn't really involve any sacrifices. It is still safe and refined, but it only weighs 1200 kilos!

All that said, you may be looking for something completely different. You didn't actually say very much about what sort of car you want, so I showed you a wonderful driving car with no detriments whatsoever. If you don't really care about impressing people, this is definitely a car worth looking at.
 
Since I made a reference to driving school, I might as well explain my automotive experience: Honda Accord (steering felt hydraulic), Saturn Vue (great pedals, rubbish steering, odd posture), Saturn Outlook (precise yet numb steering, otherwise unspeakably bad), and my Altima (slightly vague controls, slightly delayed reactions, suprising balanced cornering).

You should stop driving sofas and start driving cars :cool:
 
A cage on four wheels, can't see what's more car to get than that :odd:
 
Get a VW Jetta, i was able to get a leftover 08 at the end of the year(2008) had 33 miles on it when i bought it, the car payment is $316 a month and my insurance is $130 a month threw Geico, $446 a month together. the full price was 18 or 19 thousand dollars with the winter package and manual transmission very good car and fun to drive
 
Not diggin' the new car idea at all. Payments = not my cup of tea, and it shouldn't be yours either. As long as you've got a very reliable income you can do what you want, but I'm not about to get myself into any agreement I can't get out of with a simple visit to Craigslist.
 
Well I guess I need to pay attention more to who's posting :lol:.

Gieco is overpriced and awful insurance from what I'm told. They quoted me something obscene on the Cooper. Something sporty with decent mileage and a good aftermarket? Go with a Mazda 3 hatch, it's got all of that and then some.

The Kia Soul while I really like it seems to be a bit basic and not to mention a bit on the gutless side. The new Scion xB looks weird and the older one looks like a toaster, it's a good car though, driven several of them and never really thought anything poorly of them. The Colorado isn't a bad truck, although I don't know what sort of aftermarket there is for them, I know several people have bagged em though.
I've found an '07 Mazda 3 that's pretty nice, but Geico quoted me 1805 for 6 months and progressive said 286 a month. I keep checking other insurance company's.
E120 Toyota Corolla
Corolla.jpg
I'm not feeling the Corolla, it's too bland. I didn't even think of an Altima though, I've always kinda liked those.
Get a VW Jetta, i was able to get a leftover 08 at the end of the year(2008) had 33 miles on it when i bought it, the car payment is $316 a month and my insurance is $130 a month threw Geico, $446 a month together. the full price was 18 or 19 thousand dollars with the winter package and manual transmission very good car and fun to drive
I like Jettas as well, my landlord has several and they're quite nice.

Not diggin' the new car idea at all. Payments = not my cup of tea, and it shouldn't be yours either. As long as you've got a very reliable income you can do what you want, but I'm not about to get myself into any agreement I can't get out of with a simple visit to Craigslist.
I don't like payments either, but it would be nice to have a NEW car. One that at most one other person has had. And payments make it easier to get a car since you don't have to wait until you have enough cash to outright buy what you want. Plus I don't have a very reliable income, I basically work off commission, if no people come in, then I make no money.
 
You make no money if no people come into your work, therefore you're gonna own a car by payments? Sounds wise :cool:
 
You make no money if no people come into your work, therefore you're gonna own a car by payments? Sounds wise :cool:

It's not very reliable in the sense that I can't just add up how long I have to work to get x amount of dollars. It might take me a weekend to get $500 or it might take me a week to save that much. That's why I set my goal at 500 a month, even if it gets slow I know I can make at least that.
 
2008_Volkswagen_GTI_MkV_Large.jpg


Leases can be had for $300/mo. Diesel Jettas are cheaper.

Fusions are supposed to be good.
 
I don't really care how long a term I'm on.

You should. If you can't pay it off in 3 years - 4 at absolute max, if they're giving you a good price and a low interest rate - then you shouldn't buy it.
 
You should. If you can't pay it off in 3 years - 4 at absolute max, if they're giving you a good price and a low interest rate - then you shouldn't buy it.

Why? Could you explain that a bit more?
 
Why? Could you explain that a bit more?

Because if you can't pay off the good price/rate, then you can't afford the car. That said, Hyundai will pay you anywhere from 200-350 a month for 6 months, or take a few thousand off to buy their brand new cars. What kind of car did you have in mind?
 
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Why? Could you explain that a bit more?

Because many many people succumb to that "How much are you looking to spend a month?" question. The important thing is How much are you looking to spend TOTAL? If you stretch the payments out to 48 or 60 months, interest is adding a significant amount to the total you are paying for the car.

Even more importantly, because of the way loans are amortized, the longer you finance for, the worse chance you will have of being farther upside-down on the loan. Say you put little down, finance for 60 months, and the car gets totalled in 3 years. Depreciation means insurance is going to pay you WAY less than you still owe. Nothing sucks worse than making payments on a car you no longer own.

Decide on an total amount you can afford to pay off in 3 years, plus trade value of your existing car. That's the number you should be negotiating towards when you talk price on the car. Absolutely refuse to discuss monthly payments with the sales droid. Only talk about what they will sell the car for in total.
 
I'm not feeling the Corolla, it's too bland. I didn't even think of an Altima though, I've always kinda liked those.
Well, I love my '99 Altima to bits. I never liked the newer ones, but if you decide to look for one, do not get the 2.5 litre four. Reliability issues are huge. Besides, we all know you want a V6.:sly:

I like Jettas as well, my landlord has several and they're quite nice.
Why does he need several? They are absolutely wonderful cars, but Volkswagens are very unreliable. I got a call from my sister a while ago, said she needed help because her New Beetle overheated after she had driven less than 100 feet from the house. The car has trained her to carry around at least 1 gallon of extra coolant at all times, and think nothing of it (I don't know what she needed me for). If that doesn't sound like your cup of tea, you should never even ride in one. They are unreliable, the inevitable repairs are expensive and time-consuming, and they are expensive in the first place. I want one so bad it hurts.:banghead:

I like your landlord's solution!:dopey:

EDIT: Before driving two of them, you should know, I thought Corollas were too bland as well. I hated the stupid bulbous aero add-ons, the... those were the only thing worth any attention, actually. After driving them, I would have one over some German luxury sedans. Since you've owned a Camry, I truly believe that you're totally capable of falling in love with the E120. Better yet, you could seek out a suprisingly spicy XRS model!

corolla_xrs.jpg

It has 170hp 2ZZ-GE and 6-speed manual transmission, like the Celica and Elise. Aftermarket? Check.
 
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Listen to Duke, he know what is going on with buying a new car.

If I were you, I wouldn't bother buying a new car if you say your income isn't so reliable. You should be saving that 500 dollar a month for something else worthwhile.

By the way, I sense there is something else that you are not telling us about your 97 Camry. I have this feeling that you want a new car either it is having issues or its because your friends have nicer cars.

Maybe since its a Camry, you can't convince yourself that it isn't worth buying aftermarket to improve its performance since its not a subcompact anyways. I know what it feels like to be driving a family oriented car when all your friends are driving Civics, Camaros, Scions, Mustangs, and 240sx. You must feel left out. :nervous:
 
Because many many people succumb to that "How much are you looking to spend a month?" question. The important thing is How much are you looking to spend TOTAL? If you stretch the payments out to 48 or 60 months, interest is adding a significant amount to the total you are paying for the car.

Even more importantly, because of the way loans are amortized, the longer you finance for, the worse chance you will have of being farther upside-down on the loan. Say you put little down, finance for 60 months, and the car gets totalled in 3 years. Depreciation means insurance is going to pay you WAY less than you still owe. Nothing sucks worse than making payments on a car you no longer own.

Decide on an total amount you can afford to pay off in 3 years, plus trade value of your existing car. That's the number you should be negotiating towards when you talk price on the car. Absolutely refuse to discuss monthly payments with the sales droid. Only talk about what they will sell the car for in total.
Well, with trying to keep to my requirements I can only afford around 12k total. I suppose that means I should drop my car years from no older than '06-7 to no newer than '03-4.
Well, I love my '99 Altima to bits. I never liked the newer ones, but if you decide to look for one, do not get the 2.5 litre four. Reliability issues are huge. Besides, we all know you want a V6.:sly:

Why does he need several? Better yet, you could seek out a suprisingly spicy XRS model!

corolla_xrs.jpg

It has 170hp 2ZZ-GE and 6-speed manual transmission, like the Celica and Elise. Aftermarket? Check.

He doesn't need them. He apparently likes buying slightly damaged cars a auction and fixing them and selling them for a profit.
 
He doesn't need them. He apparently likes buying slightly damaged cars a auction and fixing them and selling them for a profit.
Wow, how did that sentence get there? The 'several' bit was about Jettas. I'm gonna look a bit closer at my post...

EDIT: nevermind, you did that.

Anyway, Vee-Dubs: Totally wonderful, but prepare to fix it rather often. I suppose the 'need' bit was a failed exaggerative joke on my part. You know, one breaks, we use the other one today! [revelation] *THAT'S why my next-door neighbours have two!* :awesome:

Does the Rolla XRS sound any nicer?
 
Listen to Duke, he know what is going on with buying a new car.

If I were you, I wouldn't bother buying a new car if you say your income isn't so reliable. You should be saving that 500 dollar a month for something else worthwhile.

By the way, I sense there is something else that you are not telling us about your 97 Camry. I have this feeling that you want a new car either it is having issues or its because your friends have nicer cars.

Maybe since its a Camry, you can't convince yourself that it isn't worth buying aftermarket to improve its performance since its not a subcompact anyways. I know what it feels like to be driving a family oriented car when all your friends are driving Civics, Camaros, Scions, Mustangs, and 240sx. You must feel left out. :nervous:
It's less that my income isn't reliable and more that it's just sporadic. I can't just calculate how much will be made. I've had this job for 9 months or so and I haven't much financial problems with anything, it's just when we get a lot of people I make more money and when it's slow I make less. I know I haven't gone more than a week with out making at least $400. I mean tonight, I only actually worked four hours and I made $100, yesterday was super slow for me yesterday and I only made $20.

And yes the car is starting show a few problems. I recently replaced the fuel pump and fuel lines because trash got into them. The tranny is acting up some, it either doesn't want to shift or it shifts to early. Plus it has some body damage from before I had it.
How about a Honda Fit?
I really like the 1rst generation Fit.
Does the Rolla XRS sound any nicer?
I do like it's looks better than the other Corolla. Does it have a V6 in it?
 
You should think about getting an older, cheaper and reliable car. There are plenty of cars in the 2000-2004 bracket that are dirty cheap to buy, insure and run while saving you loads of $$$ on car payments and insurance. Keep in mind your age and credit situation when you get car insurance. And never use Geico as a barometer for what car insurance costs. They (and other such companies) will only give you "soft" quotes and not a real quote. You'll need to disclose your driving history, total cost of the car your insuring, social security number, location (zipcode) the car will be parked at night, how long you commute and your credit (some states). Your best bet is something Japanese (minus Lexus, Acura and Infiniti) 5 to 10 years old and should be a sedan/saloon. Avoid trucks, SUVs, sports cars, anything with 2 doors and of course any performance anything associated with the car. IE The Altima 3.5 SE-R has a higher insurance symbol than a regular Altima 3.5 SE. Why? The "R" is why. Ask Sentra owners about the 2.5 versus SE-R or SpecV models. I have a little experience in this area since I've worked at a car dealer for 5 years and worked with credit for the same. Also since I've shopped for cars alot in the last few years I have an idea about how insurance companies rip you off...I mean work. :lol:

Also get the smallest engine available in the car you're looking for. In other words if the car has an I4 or V6 get the I4. The insurance savings will be worth it for someone your age.

2008_Volkswagen_GTI_MkV_Large.jpg


Leases can be had for $300/mo. Diesel Jettas are cheaper.

Fusions are supposed to be good.

With no credit he will never qualify for a lease. Leases are Tier 1 credit, IE 720+. The Fusion is a great first car and 4cyl 2006 models will start around $10k in good shape. Insurance is cheap too. :)

Say you put little down, finance for 60 months, and the car gets totalled in 3 years.

GAP insurance solves this. The finance office at his car dealer will offer it to him and he should absolutely without a doubt get it.
 
What are you looking for? Hot hatch? Mid sized sedan? Sporty coupe?

I'll just name cars I want that are in that 500 a month range.

Ford Fusion with manual
Fourth gen Subaru Legacy GT
Mazdaspeed 6 or a 3
07/08 Nissan 350z (payment about 300, insurance about 200, maybe.)
G35
Terminator Cobra
Mach 1
SVT Focus waaay under price point
Altima with a manual
Volvo S60R
S40 T5
Base S40 with manual


I mean, the list goes on...what do you want?

500 bucks a month is a lot. If you finance 20k for 72 months at about 5% you'll be sitting around 300, maybe closer to 350. So, long as you have a good driving record and live in a decent area your insurance won't inflate the total to over 500. Even if you're looking at sports cars if the price is under 20k you'll be fine.
 
He wanted $500 a month with payment and insurance, you can get damn near anything under $30,000 for $500 without insurance.
 
He wanted $500 a month with payment and insurance, you can get damn near anything under $30,000 for $500 without insurance.

right. which means he can probably get something boring for about 25k, something fun but somewhat sedated for around 20 and a sports car for under 20k. Of course thats just a simplified way of looking at it.

the options are endless.
 
What are you looking for? Hot hatch? Mid sized sedan? Sporty coupe?

I'll just name cars I want that are in that 500 a month range.

Ford Fusion with manual
Fourth gen Subaru Legacy GT
Mazdaspeed 6 or a 3
07/08 Nissan 350z (payment about 300, insurance about 200, maybe.)
G35
Terminator Cobra
Mach 1
SVT Focus waaay under price point
Altima with a manual
Volvo S60R
S40 T5
Base S40 with manual


I mean, the list goes on...what do you want?

500 bucks a month is a lot. If you finance 20k for 72 months at about 5% you'll be sitting around 300, maybe closer to 350. So, long as you have a good driving record and live in a decent area your insurance won't inflate the total to over 500. Even if you're looking at sports cars if the price is under 20k you'll be fine.

Ok let me pull the dealership worker card again. He will absolutely NOT get approved for any of those cars listed above for a 72 month loan and or 5% APR. Not going to happen, and not even with a co-signer with a 720+ beacon. Plus do you have any idea how high his insurance is going to BE with most of those? A 2003-2004 Cobra has the HIGHEST symbol rating there is--the same as a Viper, Lamborghini and Ferrari. His insurance ALONE at 20 years old is going to be more than $500/mo. Not going to happen. He'll be lucky to get a '99 Cobra for that.

Of those cars listed the regular base S40 Volvo and the Ford Fusion will be the ONLY possibilities. Like I said avoid all sports cars and any car with a performance tag.
 
This insistance on a newer car is just silly. More things that haven't been documented to possibly go wrong as you own, payments, and generally less car.

Go look at a early 2000 model car. Like a BMW or Lexus or Infinti or Acura. A whole more car, more comfort, more everything. You can easily find single owner cars still and there will be more documentation on what can go wrong with them. You won't end up in a spot like Philly were you have work getting done on a monthly basis because it is a newer car and what goes wrong hasn't been seen yet.

Also, EA11R, a base model Corolla has no steering feel. Sorry. Having owned a 99, driven several others, and so on, yeah. Neither does an Accord, my step mom's 2005 made me want to kill myself with the steering feel.
 
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