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Reply to "I have $20k to spend. What should I buy?"
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[quote=Anonymous]If you’re looking for an SUV, and you want it to be low-mileage and reliable, I think you’re going to need to spend more than 20. If you’re planning to finance it, there isn’t a huge difference in monthly payments if you go up to 25-30 and choose a longer term loan. You’re probably looking at a used vehicle. My top recommendation is to finance it through a credit union, not the dealer, if you’re buying used. You’ll get a better rate. I just bought a low mileage Ford Explorer for 30 from Carmax and am very happy with it. Carmax also offers a 150k mile warranty.[/quote]
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