Soo my insurance is up to 370 and I had money saved to pay for it for a year. Now I only have 2 payments remaining until I have to stsart coughin up the cash first hand. Now I did have 500 dollars saved and will have another 500 soon to make 1000 to help pay for the insurance but!!! i just bought a new tC in manual, and had to leave a deposit however the deal was nooo deposit necessary so i could get the money back only had to leave the deposit to hold the car until my parents could come in, after that they would refund the check. Now my parents go to sign the papers with out me and I forgot to say get my money back!! Now the deal is goin through with the deposit down. My problem is should I just go get the car tomorrow which is how its been planned or get my money back casuing me to wait for them to reconfigure the payment along with waiting to get the car even longer. What should I do the extra money would be helpful to pay off my insurance but also I want the car now, and my car payments would be lowered a lil. Quite the dilema in my eyes. Need some second opinions. Thanks for the feedback guys, much appreciated. TTYL Keith

 

Take care of the insurance first,the car is not much good without it. You might also want to consider a more economical solution, like an xA or xB. Insurance might be less expensive for those and also less expensive to operate. Dont forget to inquire about GAP insurance.

 

Sorry to say it, but maybe you shouldn't be getting a new Scion if money is going to be tight. If you have just enough to pay for the car and insurance, what will you do if something happens to the car that isn't covered under warrenty? Also remember you have gas to pay for, maintenance, and a lot of other hidden costs that can and will surprise you down the road. Be sure you can swing all of the payments, insurance, etc. and still have some money left over.

 

I agree with everyone. If you are going to be strapped for cash, I would decide on another car. No point in having a nice car that just sits in your driveway because you cant afford to pay for gas. So if I were you I would start to think of an alternative for a vehicle.

 

I really hope you're not thinking of what you can get to mod it out if you can't even afford the basic payments for insurance and gas. Here's what you should do...

Go to Carmax, or some reputable used car dealership, buy a late 90's to early 2k car that gets your insurance down a bit. Are you under your parents name or on your own? If you're under theirs, have them co-sign, which will lower it a little, and make sure to just get all the safety equipment on it. Airbags, ABS, child locks and child seat restraints.....etc. Don't get the tC. You'll be selling it within a month if you do. Just go economical and get something used or like the other guy said, maybe an xA or xB (maybe just the xA).