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Thinking of purchasing a car

March 19, 2024
in Personal Finance
Reading Time: 1 min read
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I simply began a brand new job, I’d make 2400 a month gross.

I pay my mother $500 a month to drive me too and from work, 17 miles spherical journey.

I dwell two miles away from the closest bus cease. It’s a hike on backroads, no sidewalk, a number of tall grass, ponds, hills, and so on.

My dad has an previous automotive, a 2009 VW Beetle. It has 160,000 miles. Wants about $6000 of labor achieved to move inspection.

My brother supplied to signal his automotive mortgage to me. It’s for a 2021 Hyundai Sonata. About 50,000 miles. Funds are 474 a month. 5% curiosity for 60 months.

My brother additionally has a 2012 Chevy Cruz with 180k miles on it. It presumably wants a brand new engine as a result of the automotive seized up from lack of oil (oil leak). It wants new tubes and such however I’m not nicely versed on what precisely it’s must be drivable.

I may purchase a a automotive from drive time. My credit score is dangerous. I’ve a 570 rating, I’ve about 9 collections owing about $30,000, plus I’ve been sued for an extra $20,000.

I used to be desirous about buying a 2024 Mitsubishi Mirage.

Ideas?

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