Okay, well I'm saving up for a car so that i can get one around January. Im thinking ill have around 2000-2500 saved up if things go as planned. what would be the best option for me...paying for a cheaper car in full, like a $2000 car, and not have to pay monthly payments? (would a car for this price be reliable or good?) Im actually thinking my best option would be to use my money saved to pay for a down payment( +insurance down), sales tax and registration and then do monthly payments for however long. Im thinking a year2000ish car, maybe a ford or something (not honda or toyota, too expensive really). 4 door, as well. What would a down payment for a car like this be, i was thinking 1500-2000, is this realistic? And then I really need the montly payment to be no more than $200. Ive also heard that sales tax is 5% in Mass,and Im not sure how Id have to pay down for insurance, a lot?
I'd really appreciate some feedback, Im really somewhat clueless about this process. And sorry for its length, I just needed to include all my questions, lol