Need advice about a car
So I’m a single mom and I can’t afford my car payment of $400 anymore. I first got the car with my ex, so it’s in his name and I’m going to be giving it back to him so he can take over. I was looking at used cars by private owner on offer up and was gonna get something for around 3k since that’s all I can afford right now with my income tax, and was thinking of selling it next year around tax time to accumulate more $ and get something better. Does this sound like a good idea?
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@Amanda ah, I misread that. You’re correct.
@Amanda ugh that’s so true
That's the best idea I can think of. I would get a cheap car every couple yrs. Unless you can be financed for a cheaper monthly payment for a better car?
Yes.
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- You can also trade the car in for a more affordable one But I do think buying the car outright would be good. Just get it from a certified dealer or with a strong purchase agreement.