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Car people need your advice. Entering a $1950 down payment and 24 lease for $88/mo on a Chevrolet Cruze.
This is my first time at a dealership. I have to what to accept, reject and such.
The information is below.
2016 Chevrolet Cruze Limited LT
Trim: LT
Body Style: 4dr Car
Model Code: 1PX69
Engine: 4 Cyl - 1.4L
Transmission: Manual
Ext. Color: Black Granite Metallic
VIN: 1G1PD5SB5G7151098
Stock: JX5C151098
I was wondering if there was a better deal? I received a new job as a driver and this is the cheapest deal I could get that has reliability.
I was in the market to buy a car regardless. I was saving up a few thousand dollars so that I could either buy a car or in a situation where I would lose my job then I would have enough to cover a few month's rent. Looks like I landed a gig and I'm able to cover my rent as well as a car. I can also now enter the Uber driving system to top off the cash.
What are some things that I should get and features to have this covered? I assume this deal has some perks than with other private dealers.
It would be through: [url=http://www.feldmanauto.com/]Detroit dealer in Novi MI - New and Used dealership Novi Livonia Troy Ann Arbor MI[/url]
I have another friend selling me his car for $2500.
[url=http://www.kbb.com/chrysler/pt-cruiser/2002/]Kelley Blue Book[/url]
Powertrain
Engine 4-Cyl, 2.4 Liter
Horsepower 150 @ 5500 RPM
Torque 162 @ 4000 RPM
Fuel Economy City 17/Hwy 23/Comb 19 MPG
Bore x Stroke 3.44 x 3.98
Compression Ratio 9.4
Fuel Type Gas
Fuel Induction Sequential Fuel Injection
Valve Train Dual Overhead Cam
Valves Per Cylinder 4
Total Number Valves 16
Transmission Automatic
Drivetrain FWD
Transfer Case -
Dimensions
Fuel Capacity 15.0 gallons
Wheel Base 103.0 inches
Overall Length 168.8 inches
Width with Mirrors 67.1 inches
Width without Mirrors -
Height 63.0 inches
Curb Weight 3123 lbs.
Tires / Wheel Size P195/65TR15
Rear Tires / Wheel Size -
Turning Diameter 36.5 feet
Standard Axle Ratio 3.45
Minimum Ground Clearance -
Maximum Ground Clearance -
Maximum GVWR -
Maximum Towing 1000 lbs.
Payload Base Capacity -
Head Room: Front 40.4 inches
Head Room: Rear 39.6 inches
Leg Room: Front 40.6 inches
Leg Room: Rear 40.8 inches
Shoulder Room: Front 54.6 inches
Shoulder Room: Rear 53.9 inches
EPA Passenger 101.2 cu.ft.
EPA Trunk or Cargo 19.0 cu.ft.
EPA Total Interior 120.2 cu.ft.
Truck Bed Volume -
Both cars are going to cost money regardless. I'm wondering which is a better buy.
The 1.4T Cruze.
138 hp @ 4900 rpm, 148 lb-ft of torque at 1850 rpm
The little turbo will give you more torque down low which makes driving and passing much easier. The PT Cruiser you'd have to run it high into the rpm's to get it to do anything.
Then again a $2500 car (assuming all is mechanically sound) is hard to pass up.
If you fill out the credit application stating the source of the loan repayment is derived from driving the car, you won't be approved. You can't finance a taxi.
I am not sure how much research you have done on how insurance and Uber works. There is a glaring gap when you do this type of driving that every driver needs to be aware of.
You can cover the gap by getting additional coverage offered by some companies in some states or by getting commercial coverage.
I spoke with one driver about the gap. They stated that they just wouldn't tell the insurance company if he had an accident in Period One. Yikes.
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