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small budget

elifuhrerelifuhrer Member Posts: 5
edited March 2019 in General
hi I am looking for a sedan that I can either lease for under 150 a month or I can buy a car for something like 8k. but if I do buy a car I would like it to last me. anyone have any ideas
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  • MichaellMichaell Moderator Posts: 262,061
    elifuhrer said:

    hi I am looking for a sedan that I can either lease for under 150 a month or I can buy a car for something like 8k. but if I do buy a car I would like it to last me. anyone have any ideas

    It is highly unlikely that you can lease a new car for $150/mo, now.

    Lots of opportunities to buy something with an $8K budget. Try posting your question here, and let our experts help you:
    https://forums.edmunds.com/discussion/1212/general/x/real-world-trade-in-values

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  • VinriderVinrider Member Posts: 7
    You should be able to find something lightly used with plenty of miles left on it for $8K or less. I'd steer clear of giving yourself a monthly payment with that budget though - sounds like a potential problem to me. If I were in your shoes, I'd look for something that's 8-10 years old and has 100K or less miles on it. So long as it's been kept in decent shape and maintained, that should keep you going for a while.
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