First car help?

Question

Ok- so I am a 15 year old guy soon going on 16. I will be buying my firest car soon. (yay) However, I dont know what to pick. I really only need something to get me to and from school. (20miles each way) and to work (4 miles round trip) But a car with good mpg is important to me. SO Im split between the toyota yaris and the smart car. Both are in my price range. However, I am 6' 4" and want to fit ok. Any suggestions or personal storys? Thanks so much!

Answer 1

Borrow the cars for a day or two first, and get to know the car to see if you like it.

(1) It is called a borrowed vehicle agreement or BVA, it is just a form you sign with the miles when the car left and when it returned, you give them a copy of your drivers license as well.

(2) Get to a credit union before you set foot in a dealership and get your financing in place first. You need to give them a ballpark price on what you want to spend and they can see if they can approve you for that price.

(3) Never,never,never pay more than the invoice price of a car. You go to the dealership and state that you want to buy a certain car for invoice minus rebates.

(4) So here is the golden info. I am going to share with you!!!

Shop your interest rate first at 2 or 3 banks and get the best rate, credit unions are usually the way to go. Banks are not all the same, they are just like the dealerships, WATCH OUT!

Go on the net and shop 2 or 3 dealers and get the rock bottom price (invoice minus rebates) make the internet sales manager fight for your business.

Walk in the dealership that won your approval and borrow the car(BVA). You are now the one in charge because you have the pre-approval and the rock bottom price.

When you go to sign the paperwork in finance, then that is where the sales managers expect to make up for their losses.

They did not make any $$$ on the front end, So they expect to make it up on the back end (finance mgr).

Everything in the finance managers office is also negotiable, keep in mind, I have seen those guys really turn up the pressure and literally blow their lid if they don't get what they want, Hold your ground!!!

I would recommend you buy gap insurance from him, and nothing else. The gap insurance is very cheap and extremely important to have,believe me! But the car is already under warranty, so you will not need anything else.

If you listen to me, you can trade your car in every three years and never need an extended warranty and if you don't buy a bunch of extras in finance you will never be upside down when you get ready to trade it in.

Just imagine going through life and cruising in a new car all the time with low payments and being in control of your finances, It is the best way to build a good credit score.

Answer 2

├►Check the Toyota Corolla best MPG for not being a hybrid ; it gives 41 MPG highway and it's bigger and better than the Yaris. I bought my Corolla in 1976 for $3,400.00 new and still have it. I have bought other cars and trucks but I just recently took it out of the barn and gave it a $40 tuneup. It fills up with $30 and gives me two weeks of running around town. My F150 pickup went to the barn after costing me $80 a tank per week in gas. Glad I kept the good old yeller!

►☺

Answer 3

i would definitfely not go with the yaris then i would go get a cheap little 80s import if i were u bc they cost you a 3rd of the money and theyll last forever my first and currently most used car is an 89 mazda 626 its good on gas and its pretty easy to fix relatively cheap to fix  too and im 6'2'' but im a real broad dude