Reply to Two Questions Re: Purchasing A Used Vehicle 🚙🚙

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[quote=Anonymous]I am the poster who recently was involved in an auto collision & am due to receive a settlement payment from my insurance company (by Wednesday they promised.)

▶️: Question 1 - I found a used car that I am interested in purchasing this wknd, but unfortunately do not have my settlement check yet.
However I DO have $3G in cash that I could give the dealership to hold the car for me until Wednesday, but they do not want to do that.
Instead they are encouraging me to instead use the $3G as a down payment for the car then finance the rest.

If I give them a deposit to hold the vehicle for me &gt; I would not expect that I could drive the car home.
I would just expect that they would not sell it to anyone until Wednesday.
And if I could not have the remaining monies by Wednesday, then they could keep my deposit & I would lose the car.

I prefer to do a cash transaction - out the door quicker and avoid too much paperwork.
But the salesman is pressuring me to finance the car, then when I get the rest of the $$ to pay off the car and it is that simple.
But my StepDad is telling me to give a hard NO to this.

▶️: Question 2 - I like a car now.
A Honda (known for reliability as well as keeping its value.)
It is an older car, 2010 but the miles are only 78,000.

I also have an eye on another Honda which is actually newer (2015), but has higher mileage (116,000.)

I want the older car since the miles are so good - but people are saying the miles do not matter. That the car is too old and it would be better for me to purchase the newer car even if the miles are higher.

What matters more?
Age or miles??[/quote]

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