One of the things you may want to consider is the future. You are starting college. At some point you may decide to continue your education (grad school, law school, med school, etc). At some point you may decide to go into your own business or open your own practice. At some point you may decide to get married.

In any case the $6,000.00 may come in handy in the future.

Do as you like, but think it through.

 

[QUOTE]Originally posted by ralper
[B]In any case the $6,000.00

 

If you have the down payment of $12,000, consider getting an 01. They are going wholesale for about $18,000. When I say wholesale, that means the dealers are hitting the car $2,000 back of wholesale book. I would put $10,000 down, finance $10,000 (including tt&l) and use the other $2,000 for mods of "your liking". I know a lot of people here will totally disagree with the figures I am posting, but I know these figures are true and correct. You can look at KBB.com, for trade value, and DO NOT consider your car excellent. No dealer (sold Hondas for 3 years) will ever consider a car excellent. I was at an auction last week and saw a 00 go for $16,500 with 40k miles. I know dealers will try and sell the car for retail, but no one pays retail on a car, and you will have a lot of room to negotiate. I would only buy from a dealer for the fact it will be certified. Right now is probably the best time to pick up a used car because with all the rebates and incentives that are being offered on new vehicles, it kills the resale value of a used car.
Good luck in finding what you want.

 

[QUOTE]Originally posted by jayhawker
[B]If you have the down payment of $12,000, consider getting an 01.

 

Vince

I know it's not much but you never know what the future brings, especially a person starting college.

 

hey ralper, I'm agreeing with your post! Wasn't meant to be sarcastic or anything; I was serious about the investing. $6,000 is a lot of money. I wish I had an extra 6 grand to invest. If I was a modder, it wouldn't last me a week, tho.

 

[QUOTE]Originally posted by VinceD
[B]

hey ralper, I'm agreeing with your post! Wasn't meant to be sarcastic or anything; I was serious about the investing. $6,000 is a lot of money. I wish I had an extra 6 grand to invest.

 

thx again all for all the input. Well, that plan as it stands now is im gonna get a New Used Honda Certified s2000 (2000-2001) with under 20k miles for about $20k-24k with a $12k downpayment. and im gonna try and get that extended warranty (thx for that)

 

where are you going to college visualvb?

 

Yeah...or the stock market could crash again when people finally wake up and see how derivatives really work and where would that $6,000 be.

One other thing...why do all of you keep calling this person a "he." If you would take the time to read the entire first post it says "Tia" at the bottom. Call me backwoods but I've personally never met a man named Tia.