Wheelie Time!

Friday, August 15, 2014
Confession time.  I've never owned a car.  Ever.  In all my 41 years.  

I'm going to change that come springtime.  I've wanted a car for a long time.  Heck, since before I could drive but I've never been able to afford it.  Plus Edmonton has a halfway decent transit system (although yes, I think Calgary's is currently better) so getting around has never been a problem.  I also have a super awesome Big Brother and a Super Duper SIL who have lent me their vehicles over the years or taken me where I needed to go when the bus wouldn't cut it.

My original plan that I hatched earlier this year was to pay off my student loans and my personal loan, and then save for a couple of years and pay cash for a car.  However, after dinner with friends last night, I got to thinking.  Why should I go car-less for the next four or five years while I save when I can finance a car and have it almost paid off in the same amount of time - while getting to drive! The difference in cost between paying cash and financing is minimal (I got an online quote this morning) so its not like I'll be paying 1.5X the cost of the car.
The car I'm considering is a 2014 Hyundai Accent GL 5 Door (Hatchback).  Automatic transmission.  Green apple in colour (would I get it in anything else?).  The payments are totally doable once my student loan is paid off in full (I'm anticipating March 2015) and I got a few quotes online for insurance.  However, I don't know the first thing about buying a car.  What do you do first?  Buy the car or get insurance?  Is there haggling involved or is the sticker price THE price?  Do you get the extra coverage through the dealership or skip it?  Argh.

Any tips from those of you who've purchased a car before?  Help!


LydiaofCO said...

It's a decent car. Also look at Kia, they have 10 year, 100,000 mile warranty.

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