The car I am interested in (want) is a 2007 Honda Civic EX coupe without the incar navigation. The MSRP for this car is somewhere around 19,500. At my local dealer in Pennsylvania, after tax and tags it comes to 22,100. Which I woulden't mind paying at all. But here is the snaggle. My mothers credit is shot to **** and the only way to get a loan to buy the Civic would be a $4,000 down payment with $363 a month/72 months, which after you do the math, equals a s*** load of money ($30,136) And to lease it for 3 years would be $2,000 down payment, at $350 a month/36 months. After you do the math it comes to around 14,600 for 3 years. But that is what one of my questions is. Is it worth it to lease if after the 3 years I would want to purchase the civic, would the value be really that much less then was it is now? Also if you put yourself in a situation, if your 17 years old, you make around $550 a month, and you have around $6,000 saved up, would you get the car at the rates above? All opinions are worth it, sorry if this seems like a stupid topic, it is my first post here and any replies would make me happy. Thankyou.

 

i say no. u should get an older honda. insurance is alot cheaper, and u shouldnt take on such a big payment atthat age. Dont bite off more than u can chew. for my car, i paid ur down payment, and i still have reliability and gas mileage.

 

+1 for age. You can buy a 6th gen Civic (96-00) for $4000 if you wanted, which you already got saved up, and insurance would be cheaper. You could save yourself so much money.

 

Get a 5th gen civic with in good body shape, swap for a b18c, and you will save alot of money and have a faster car.

 

Yea definately no, 550 /mo is all ur income is, your savings will be drained in no time, and that car will be on the repo list. With a car comes gas and maintenance, and insurance. Bills for a car add up fast. Definately look at a earlier model tho, 92-95 civic is a great place to start for kid. that what i had when i was 17