Thursday, June 25, 2015

Thinking about when Noah can drive

Noah has decided that he wants to own a Corvette someday. He told me about a raffle for a Corvette that he thinks I should enter. That got me thinking even though he is just eight years old, he won't always be. Before I know it, he will be getting ready to drive. He wants to start driving now but I remind him he isn't old enough yet. I will definitely get him a used car to drive when the time comes. It is important to know what to look for when you buy a used car. Especially when you are like me and know the basics about cars. I would definitely take one of my cousins or my uncle with me because my grandpa taught them all they need to know about cars. I didn't get that luxury because he passed away before I was old enough to really be interested in cars. There are many choices out there from color, make, model and even price.

Check out my post for my list of what to look for when buying a used car.

Wednesday, June 24, 2015

I Don't Like Buying Things from Strangers

I always prefer to buy things from stores. I don't usually purchase things from friends and I never buy things from strangers. I have bought things on ebay like some stamp sets and other small things. There's just something more secure about going in to an establishment or buying from a well known website. I don't want to say I am mistrusting but you never know what you will get. I have friends who purchase all kinds of things from Facebook or Craigslist without a problem though. I guess I have heard way too many horror stories or watch too many court shows. I also learned that you shouldn't buy used cars from friends or family. If something goes wrong, it could potentially ruin that relationship. It's easier to trust a friend but sometimes it doesn't work out and money does strange things to people. I also don't like to borrow or loan money to people because you never know what might happen. There have been times I have loaned a little money to someone without the real expectation of paying it back. I try really hard to keep money out of friendships. So in my opinion buying a used car from a friend is a big no way in my book.

To see the other reasons not to buy a used car from a private party check out my post.

Getting a Used Car Loan



Sometimes you need to purchase something and you don't have the money to just pay upfront. Thankfully you can get a loan for a used car. You don't have to pay for it all at once. If that were the case no one would be able to really buy a car. I used to think that if you bought a used car that you had to pay for it all.  I guess that didn’t really make sense, unless it was a private seller. You can of course pay in full but there is financing to help those who don't have several thousand dollars burning a hole in their pocket. I know I don't. If I did, I wouldn’t use it to buy a car outright. I would still finance it. You may think that it is complicated to get a used car loan but it can really be easy. You also may be able to be financed for more than you would with a new car depending on your credit.  

Check out my post to see what you need to keep in mind when getting a used car loan.