Re: Denied Denied Denied! Where to turn?
11-05-2012 06:13 AM
The price was below $8k on the vehicle, and then my wife talked them down more, so it was a good price on it. They didn't tell us anything about the reason financing wouldn't work was because it was higher mileage. I wish they would have.
As for using the money that we would have used on a down payment to fix the motor, it's not enough. If we were going to put $1K toward a "new" car, the price we've gotten to fix the old one is between $2500-$3000 based on getting a new motor, and then also fixing the cooling system. The car isn't worth much more than that all together.
I drive 50 miles each way to work, so buying a beater that may leave me sitting on the side of the road makes me very nervous.