Is it too early to buy a new used car for $4,000.00?

  • Thread starter Thread starter ramendieta
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ramendieta

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Hey everyone!

I have a problem. I want to get a new car because my old car is a 1991 Geo Storm which now costs more than it is worth to repair, and its just plain silly looking!!

Anyhow, I have been looking at cars for about three weeks now, and I can't figure out with the way the economy is going whether it is a good or bad time to finance a new used vehicle for $4,000.00? I make $2,500.00 a month in a relatively unaffected by the recession law firm as a secretary.

Would I be taking a huge risk if I were to buy a car now? Will the price of new and used cars continue to fall? Because I really need a new car for work and school. I don't know what to do. Please help!
 
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