Tips on Buying Cars: Stuck with a money pit, heart ache, single mom


Question
zip - 73120

I have 2000 Saab 9-5 that has caused me nothing but heart ache and an empty bank account.  I am upside down in this car and have spent approximately $5,000 in repairs and I have only had this car for a year and a half.  And I'm not alone I have found on a forum that A LOT of people are having the same problems with this make and model.  I still owe over $9,000 on it.  I can't afford any more repairs on this car and I'm a single mom that can't afford to be with out a car if it breaks down again.  It is currently in the shop and it has been in (two different shops) for a little over a month now.  I am borrowing my father's car but he is needing it back.  I want a reliable car but don't know what to do.

Answer
Hi Kim
You made a major mistake in the first place, I better not go there am sure you feel bad enough as it is.

You really dont have many options if want to retain a good credit rating.
I like to find out what your payments are, your interest rate, your credit ? , miles on vehicle, manual or auto, whom is the lender ?  did you buy from a dealer/ as is.
what is the current problem with car - how much to get fixed .

I want you to contact me through my website address   http://www.usedcartips.org/  that way its private, this mail is posted on the net for all to see.

Ray