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Discussion Starter · #1 ·
Hey everyone,
so I wanted to ask those who already own a cruze, I currently drive an 06 altima with 7k left on it , a nearby chevy dealership is offering a 14 1lt for 20735 with 5k incentives. Im hoping they will apply that 5k to my 7k and take my cars trade in for about 3k. that leaves me with 1k to use down for a new cruze.

Now I've watched youtube reviews, checked out cars.com and the cars carfax, this vehicle has about 10k on it and it was used as a taxi vehicle to drop off customers when their vehicles were in service.

Having said that, Im hoping I can get the car because I actually love the cruze! Not only am I saving on gas, but my nissan needs a motor mount, AC system change, brakes, tires, the general big BIG maintenance at 130k. I prefer a newer compact car that saves on gas, plus the safety features are impressive. I dont drive hungry fast, or have a need for speed, just a college student looking to get a chevy.

My family will probably yell at me because they dont believe in American cars, however chevy has stepped it up. The sales person said he can get me into it, however Im not going all in until i fully decided

I wanted to ask everyone here a few questions:
1) basic maintenance costs?
2) insurance costs (I HAVE AAA), i currently 145 being a 23 year old male in CA (no tickets, accidents, etc.)
3) average gas mileage?
4) the general ride and feel of the car
5) overall appreciation

and finally, any tips on dealing with sales people. I know how much my altimas worth and I won't sell it for any less. Plus my credits shot (mid 500s) so i expect an interest rate thats between 12-15%. But you know any tips help! I really like the car the guy showed me online, its black, looks great! but i will test driving first!
So any help will be greatly appreciated
 

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I would not finance a car at 12-15% ever, that's allot of interest on a 20K car. I''m also not sure how a used cruze 1LT with 10K miles has a window sticker as high as a new car.

With that bad of credit if you really need a car I would look for something cheaper so if you have to pay that high of rate your not giving them so much of your money. Besides being in college do you really want a new car payment? Can't you get around in a beater car and walk/bike like most students do?
 

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1) basic maintenance costs?
2) insurance costs (I HAVE AAA), i currently 145 being a 23 year old male in CA (no tickets, accidents, etc.)
3) average gas mileage?
4) the general ride and feel of the car
5) overall appreciation

1) There isn't a whole lot that needs to be done aside from Oil and filters (all filters) Avg oil change will run you around $50 maybe a bit less if you do it yourself. If you're keen you'll ask that they include two years worth of oil changes in the deal to save you a few bucks.

2) Shop around. Get a quote one place and make sure the next place matches the coverages. Having bare minimum coverage will screw you over. $10K for collision won't cover a fairly bad wreck. Be smart. Ask here and we can help!

3) Avg without a tune and combined highway/city you're looking low 30s pretty **** good. With a tune upper 30s to low 40s depending on the roads you travel and speeds

4) Best car I've driven. Not more comfortable than my Infiniti but it's close

5) Love this car and will drive it to the grave hands down. Newer 14s don't have the issues nearly as much as the first 3 gens. At least, mine hasn't so far and I'm at almost 10K miles in 4 months


Now to attack that interest rate problem. Here's two smart ways to go about it.

- Take the interest rate and make sure that the payment you're looking at that you can pay a little more per month than required. This will negate that crappy rate.

- Take the interest rate and stick with it for 6 months to a year. Then refinance. The key is to make 100% sure you won't miss a payment. If you do, kiss a refinance goodbye.

- Much like auto insurance you NEED to shop around for the best interest rate. My wife has 2 masters degrees in finance and the one thing I've learned from her is that you have to compare and budget accordingly. Here's the thing. My credit score is in the high 690s not bad but not great. My wifes... above 800... what I've learned is that certain credit unions will ignore your credit score as long as you've been in good standing with them for a year or more. For instance, when I bought my car, I didn't need my wife on the loan. I qualified for the lowest interest rate possible because Navy Federal looked at my accounts and judged me to be exceptionally reliable. I know you may not qualify for Navy Federal but USAA is another good one. If anything, stick to Credit Unions as they tend to have better interest rates. Once you choose one, stay with them and keep your accounts in good standing. This alone will allow you to build credit with them even if your score takes longer to catch up.

Sorry for the long winded info above but I really hate seeing people taken advantage of; I'm sure the dealer can get you into the car but can you really afford it. I agree you definitely need something else but you may want to consider a Sonic first. Keep it for a year or two then upgrade as you build the credit with the Credit union as I mentioned. If you have any other questions I'll take hours to answer them if need be. **** I'll give you my cell and you can call me when you're at the dealership and go over the whole deal with me if that will help you out.
 

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I would look for something 3 years old, possibly with a CPO warranty. There are plenty of good used cars ouot there, and it doesn't sound like you're in a good position to buy a new car - the interest rate will drown you. Heck, I hate seeing the 7% interest on my student loans out of every payment.
 

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Most of what I would have said is already said. That price for a 1LT is kinda up there. What are the added options on to make it $20k? Did it have a RS and technology package? All weather floor mats, and cargo net dealer installed?

I will say backing this car up will be 90% easier than that Altimatum. I also know your pain on maintenance on slightly older cars. My leggy is $4k in parts sitting up in a corner and I still need to spend another $3k to make it road worthy.

I'd pick a beater car for the time being given the situation. Don't impulse buy a car, shoes maybe but def not a car.
 

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Discussion Starter · #7 · (Edited)
Thanks for the replies everyone!

to answer some questions
1) the car was the lots drive around car for customers who dropped off their car for services.
2) While I prefer getting an older model car, the incentives will drive down the cost of my current car
3) My University sits on a hill, i have to drive up there monday thru friday for work plus classes, and the breaks on this altima are killing me, plus my it chews up nice chunk of my gas just going up.
4) I have shopped around, I did find a credit union that pre approved me for an interest rate of 5%, which isn't bad given that I am still a college student
5) I havent given up on my altima, Ive shopped around at local mom and pop garages, seeing if there's anything I can do myself, however the price is still about 6k for total repairs, thats roughly the same amount left on the car.

6) that price is partly because i live in the SF BAY AREA, and every city on the east bay area side has higher tax sales, plus that MODEL's page states "All prices are plus tax, title, license, and documentation fee." I called and confirmed this as well. and the mileage on that cruze is 3,900
7) i got this altima because my green 98 escort beater which i still love, died at the used car lot when i went to go just to browse with my dad. that was the only car i could afford at the time.
 
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