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Okay so I'm getting at least $1700 from a school grant in 2 weeks. I want (more of a need) to buy a car. What should I look for in a used car, what should I avoid, and what's an average price for a decent car. Not too many problems, good paint, etc. Please help! Thanks!
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It really depends on what you're wanting to get, how many miles are on it, what kind of shape it's in, and if you'd need to do work on it when you bought it. I paid $4,600 for my car in 2008, with around 132,000 miles on it. If I were to sell it right now, though, I could probably only get maybe $2,000 out of it. It's still a good car, though. All I've had to do is get new tires, and routine maintenance.
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Well since you said school grant, i'm guessing your around 16 years old and you won't want to be driving some ugly minivan. I saw a 2003 Mustang with 102,000 miles for only $3,000. As far as what you want to avoid, I would say a car with high autoinsurance. For sports cars, you'll be paying a decent amount more than a regular car.
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Its a shame really because of the fact your a male and your 19 the insurance company's are going to feel it necessary to charge you an extortionate amount of money. I have been wanting to buy a car for a while now I have money to buy one but the insurance company's want more money then the amount I am paying for the car. What annoys me the most is that it is such a sexist system they want to charge me £5000 insurance a year yet a girl I know with the same car and the same age is only paying around £900