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Re: Financing a car/car buying advice
Old 10-26-2005, 01:26 PM   #2
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I have had an Acura (MDX) since 2001 and it has not given me a single problem (knocking on wood). I cannot speak to the specific models but my car has been great and I will keep it as long as it still runs. You may want to look at older models to get your price down. As long as they are not trashed out or have over 100k miles on them, they may be fine for several more years.

As for the fiancing question. I look at it this way. If you can pay less interest than you make on your investment, then go with the loan; you can always pay it off sooner. Shop around at credit unions and even dealers to see what you can get. Cars are not selling so hot right now because of the gas price increases and many have already shot their wad on the recent flurry of "employee pricing" marketing hype that we just went through.

Good luck. I hate buying cars.
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