My thinking was that, hate them or not, cobalts are alright cars. Nothing inspiring but they’re not bad. She may be able to get a 0% financing deal, which would build her some decent credit without paying near double digit interest.
But yeah, I’m sure Cobalts depreciate fast enough that it’s probably a wash between a used honda with high interest and that. :shrug;
Wait, this is NYSpeed.
She should get an optioned out Civic SI. Who cares if the interest rate is 12%. Just stretch out the payments to 84 months so that she can afford it. When she’s done she’ll have 7 years worth of credit history and I’m sure the civic will still be worth $15k since it’s a special model. :tup: