Quick Wealth Network

Investing..?

Okay I'm 24, no kids living with my parents... soon I'm going to be ready to move out, right now I'm saving all of my money to be able to do whatever I choose...I have a grand prix with over 120,000 miles on it and it's starting to fall apart should I buy a new car or fix the one I have?

Public Comments

1. Save money to invest in a house, buy a car later..
2. don't go new....buy a quality used car and still save thousands
3. If you need another car, you need to buy used and pay cash.
4. hey man, itz gd u moving out of ur parents house. But u need to fix ur car u have a grand prix with over 120,000 miles damn! doug most people will wanna buy that
5. Well, you could buy a used car with less miles for the cost of fixing your grand prix -- depending upon what's wrong with it. I wouldn't buy a new car because you won't get much a return on your investment even if you keep it for 10 years. I hope you are contributing to your parents and ensuring that they will have what they need in the future. You're pretty lucky that you have a home and parents who let you stay with them. Most people don't have your options.
6. get another car,,,,but a very economical one,,,,whether new and a good used one. Make it simple,,,,sedan...make sure the down payt. and payts. don't interfere with your goal of getting your own place....be very realistic about the cost of moving,,,,getting utilities hooked up and rent payts.....a used car,,,,would be a good consideration.
7. That really all depends on the car. If you are gonna end up pouring more money in to than purchasing a more dependable car, I would look for something else. If it is just common problems such as a starter, altenator, or basic tune up problems, I would keep it. You just have to weigh the odds. Maybe just keep what you have and keep an eye out for a good deal. You can get a very dependable car for under $3000. But you don't want to get yourself in a financial bind. Best of luck to you.
8. buy a used car.one from a dealer with guarantees................the one you have give to a bud who has less than you.......
9. Sell your car and buy a house.