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Buying a cheap car and trading it in

ktcraterktcrater Member Posts: 1
edited October 2019 in Hyundai
Hello everyone,

I currently do not have a vehicle. I am looking for some opinions. I am highly interested in the Hyundai Venue, but in the states it is not expected to be available until December now. I was wondering, is it worth it to buy a car for less than $2000 dollars, start a new insurance policy, and then when the Venue is available (given that I even like it as much as I think I will,) trading in the cheap car for the Venue? Also, what are some thoughts on buying a car fresh off the boat? It has already been released in Australia and India, so its not really a situation where no one has ever owned it.

Sidenote: I have money saved that is for a down payment, credit is good, and financing is what I plan to do on a new vehicle. So, cost effectiveness is an issue, but being able to pay what I need to is not.
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