Which car is best for college students?
Which car is best for college students?
10 Best Cars for College Students in 2021
- 2021 Mazda CX-30.
- 2021 Toyota Camry.
- 2021 Kia Soul.
- 2021 Kia Forte.
- 2022 Hyundai Tucson.
- 2021 Mazda3.
- 2021 Honda CR-V.
- 2021 Toyota Corolla.
What is a good first car for a student?
Recommended Cars for College Students
| 2021 Vehicle model IIHS safety picks | Safety features |
|---|---|
| Subaru Legacy (2013 or newer) | Subaru Legacy safety features |
| Hyundai Elantra (2018 or newer) | Hyundai Elantra safety features |
| Mazda CX-5 (2014 or newer; built after October 2013) | Mazda CX-5 safety features |
Is it better for a college student to buy or lease a car?
The short-term cost of leasing is always cheaper than buying, by about 30%. This is because your lease payments are usually lower than your loan payments if you have a loan. Also, depreciation of a car is always the most in the first year. In the medium-term, 2-4 years, leasing and buying costs are about the same.
How much should a college student spend on their first car?
If you’re just looking for a rough estimate, plug in $350 if you’re buying a car that costs less than $5,000, $750 if the car costs under $10,000 and $1,500 if the car costs less than $20,000. Boys, you’ll pay more.
Is having a car in college worth it?
Having a car may add an extra element of stress for students navigating college life in an unfamiliar city. It’s worth checking ahead of time to find out if the university offers parking permits to undergraduates. If parking on campus isn’t an option, look for secure and inexpensive long-term parking off-campus.
How much should a college student spend on a car?
Depending on how much money you have saved, and how much you make, $2500 to $5000 is a reasonable amount for a student to spend on a car. The rule of thumb is that your total car expenses (this includes loan/lease payments, car insurance, and repairs) should be no more than 15% to 20% of your monthly budget.
What is the best car for a 19 year old?
The best cars for teenagers
- Honda Civic (2012-2016)
- Toyota Camry (2012-2014)
- Hyundai Sonata (2011 or newer)
- Nissan Altima (2014 and newer)
- Volkswagen Jetta (2016-2017)
- Ford Focus (2015-2017)
- Ford Escape (2018-2019)
Do college students get discounts on cars?
Yes, it’s possible to get one if you’re looking for a student discount on a car. There are all kinds of discounts available for college students. Typically, discounts come in the form of college grad cash, but the programs vary widely among automakers.
Should I buy a new car as a college student?
The latest vehicles on the market may have advanced tech and features, but if you’re a college student looking to save, it’s best to buy used. Typically, pre-owned vehicles cost less and have lower monthly payments than newer models available.
