Young DipsetGeneral...as i can gather, uve just graduated yet you earn 1300 dollar a month or merely 415 dollars a week. I would suggest you hold off buying a car with expensive running costs and spend your hard earn cash on assets that do not depreciate untill you have reached a point in your career where such ventures would not be financial suicide. For instance, invest in a business or perhaps put a deposit on a run down apartment in an area of the city that has longterm potential for higher rental yields returns. Talk to someone in your social circles who are interested in shared business ventures. I do not recomend you spend 25 grand on such a meagre salary until you are making in the 50gs.
you should keep responding because all insight is helpful. And at $1300 a month it would take 3+ years to finish that car note on that 08' Accord coupe. Bouta' go the short term lease route.
Please don't do this. Leases are one of the worst financial decisions you could make in this lifetime unless you own a business and can use it as a tax business expense. Buy used and way under 10K, and save your money to get a place of your own or go back to school and get a graduate degree to make more money.
