First Car Choices For College Grads
In the coming weeks, more than one million young adults will graduate from college and step into the job world. While many students make it through college with a minimal cost clunker, it may be time for a change. Often times, when recent college grads get their first ‘real’ job, they may get their first new car. But young adults of today will not be going for what their parent’s first car probably was.
Right now, new car supplies are plentiful, carmakers are cranking up zero-percent financing and subsidized leases to boost lagging sales, and struggling dealers are making deeper concessions than ever before. There is a wide range of vehicles that the twenty-something crowd may consider. Styles run the gamut from ultraconservative to trendy, and so do their auto preferences. While tastes are varied in this youthful demographic, two things are certain. First is that today’s best and brightest probably won’t buy the car, or even the brand, that mom and dad were loyal to. Thankfully, younger buyers have more choices than their parents did. Even budget cars offer reliability and come with warranties that the older generation couldn’t have dreamed of — so first-timers don’t have to settle. The second consistency among first-time buyers: When it comes to cars, they are less frivolous than their parents were back in the day. Younger buyers have a better understanding today of how to spend their money. Since the recession started, it’s more about rational choices, with less emphasis on frills and more on value.
Posted by reedman on Apr 21 2010 in Buying Tips





Safety features