Car Shopping!
Posted by Rebecca Brown
Here's another way for college grads to get into even more debt and yet another payment to make.
If you're not working and living in a city with public transportation, you need a car to get to work. If you're like most college grads, you will have to start to make student loan payments a few months after May 15. Why not add a car payment into the mix?
I've recently learned about car companies with special offers to recent graduates. For example, Nissan offered $500 cash back if you bought or leased a new Nissan from a select group of vehicles like the Altima, Rogue, Versa, etc and were a recent graduate. "Recent graduate" varies by car company--for Nissan you had to be graduating and have proof you were (transcript w/expected 05/09 date) graduating in 6 months or graduated 2 years ago. If you can't buy a car right away, they give you 2 years to save and still get the deal.
Other companies have similar offers. Volvo offers special financing for those graduating in 3 months or 24 m ... more »
Posted: March 20, 2009 10:18 am | 2 comments
Tags: car, financing, graduate, new car