If you fall into the latter category, you should buy a used car however, if you are one of those people who can afford to buy new, make sure you check out the average cost of a new car in your area.
If you do enough research and have a little luck you can find a car with a reasonable amount of miles that will run almost as well as a new car — at a much lower price. I have friends who have bought cars straight from the owner and had great experiences.
The higher sticker prices of a dealer can be mitigated by a lot of factors:. If you can, pay cash for any car you buy. Ultimately, financing a car means paying more money for it. If you must finance, make sure you know what your options are. The dealer will be more than happy to finance for you — but you will usually end up paying more if you finance through it.
Plus, Mom and Pop are probably going to be more keen on giving you a loan if you set up a systematic way to pay them back. Just be smooth when you make the call. I recommend an opener like this:. There are all sorts of articles and lists on what to look for — and look out for — when buying a used car. These guides can give you a pretty good idea of the things you need to check when browsing cars.
If you follow these tips, you should be able to get the best deal possible if you have to buy a car in college. It may not be an Audi, but remember — some girls are into brown sedans.
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