Honestly the dealer puts this in crack pipe territory.  My gut says this was bought at an auction and every reputable dealer wouldn't touch this car. I would have to see it in person to know for sure, but this looks like the car sketchy dealers keep in the showroom so people see it, come in the showroom to look at it…

$20k can buy a lot of coke, my dude.

A tomato soup orange re-paint, aftermarket wheels, not much info in the ad, being sold by a questionable dealer and a high price. Hmmm, sounds like a CP to me.

Jesus thats dangerous and so wrong. I can not imagine an actual credit training saying that. That just starts the cycle over and makes it worse. The easiest thing to do is just get one credit card, put your normal expenses during the month (groceries, utilities, gas, etc) on it and pay it off every month. Build your…

Unfortunately there’s a lot of money to be made on people who are financially illiterate. A family member of mine had to go to credit training as part of her bankruptcy. They actually told her the best way to get back on her feet was to run up a large credit bill, and then make minimum payments over the course of many…

Frankly, this is all stuff they should teach you in high school. Everyone should know what negative equity, depreciation, interest rates, etc. are before they enter the real world.

Wouldn’t it be cheaper to by a slightly used car to start?

Could you expand on this? It doesn't make any sense to me. So if I go buy a Civic on a 36 month loan because Honda is giving me 1.9%, and some credit criminal does a 72 month loan at 8%, from your advice it sounds like I should somehow only keep the car for 5 years, but that other buyer should keep it for 8 years. Why…

Buy used and keep it for a decade and you’re really doing well.

Wouldn’t the cheaper way be to buy 1-2 years old and keep it the same length of time? Depreciation is a bear those first few years but most people don’t even use up 20% of the reliable life.

Once a car hits the bottom of the depreciation curve, any number of years you can or want to keep it after that is a bonus, providing that the car is reliable and doesn’t need prohibitively expensive repairs.

As I read way too many comments on Jalopnik, the general belief of commenters is that buying a car new is worse than killing your own children bare handed.

Excellent question I say the sweet spot for financial value is 2-3 years after your loan is paid off. So it really depends on your loan term. If you did a 60 month loan which seems to be the most common, and traded up after 7 or 8 years, you drove that car with no payments for a bit and still have something that is…

Ugh, don’t remind me. I would hate to count the many thousands of dollars I’ve pissed away over the years by jumping between cars. Luckily I haven’t had to finance any of them in a while, but still. The one I most regret is my 2nd gen Pathfinder that I traded in on a GMC Sierra because the Pathy couldn’t tow my boat.…

They’re 17% owned by Toyota, their largest shareholder.

They are called Carmax

Marketing and lobbying are different departments, you know?

For the Cars-as-Appliances folks, this works great. It’s basically how we bought my wife’s Prius. We used AAA’s car buying service and it was awesome.

Subaru to me is the biggest surprise on that list considering how eco and naturey they portray themselves.