Additional Posts
Post for likes! 😤
Post without company
Ah now it did.
Post to test
Post for comments
Where is a new build???
Post for likes
New to Fishbowl?
Download the Fishbowl app to
unlock all discussions on Fishbowl.
unlock all discussions on Fishbowl.
Rising Star
The cheapest way to own a car is to buy something like a Corolla 2 / 3 years old and sell it when you move back. Important to buy the car directly from a seller to reduce cost and sell it via private sale, else you will lose an additional ~$1,500 to $2,500 in the buying selling process if you use a dealership. Remaining costs will be depreciation, maintenance, insurance and gas less savings from not using Ubers and other forms of transport. Do the math and see if getting a car makes sense.
Rising Star
Craigslist, eBay, cars.com and autotrader. I look around for deals. When buying, have the seller meet at a local body shop and get an inspection done that you pay for. Defects should bring the price of the car down. Once you get the go ahead from the mechanic and agree on a price. Go to your bank branch and give a cashier's check and get a bill of sale notarized (very important). If the owner owns the car 100% then he signs over the car title to you there and then. If he doesn't, he'll need to pay off the car loan and mail you the car title. Important, drive off with the car even if you don't have the title, but you have paid. You'll still have to wait for the paperwork to come through to drive and title the car in your name.
I’d also suggest looking on Sulekha, lots of Desis post their cars out there. Also due to the immigration issues, some folks might want to sell ASAP, and will offer deep discounts. Do the due diligence and get the car inspected at a body shop. If u want a new car, and are looking at a fixed horizon (1 year or so), look at a lease takeover. You don’t have to pay the lease down payment, get a new car, and can drop it off at the end of the lease term. Most leases offer maintenance packages included, so that’s another piece which u don’t need to worry about.
You’re taking over another persons lease, and not signing a new lease with the car company. So the rate you’re going to be paying is what the individual who took on the original lease has already negotiated. The cost won’t be higher, it will be the exact same rate which is already being paid for we month, with the added benefit of not having to put down the up front costs.
Rising Star
Suggest moving to an urbanized area in jersey city or philly temporarily. Walk everywhere skip the car.