As another school draws to a close, thousands of high school seniors around the country are preparing to head off to college. For many, this means that it’s time to get a car. However, taking an expensive car to college can put financial strain on a student who is already expected to live off Ramen. If you are shopping for yourself, or for your child, it helps to be smart about the car that you choose. Choose a car that’s cheap to own.
Sometimes, the cheapest option can be to buy used. When I bought a car my freshman year, I spent about $3,000 for a used Mercury Topaz. It was a five-speed (I learned to drive stick on an old Festiva), and it got great gas mileage. My car was cheap to own, and it didn’t need a lot of repairs. It was a great option for me. However, not everyone is willing to go through the used car lots in an effort to find a good deal. Here are some ideas for cheap cars from Forbes and CNN Money, with my thoughts thrown in. You just might find something that makes sense for the student in your life:
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