http://www.moneyunder30.com/best-new-cars-for-college-graduates Personal Finance for the Young and Ambitious Sun, 21 Mar 2010 18:57:35 +0000 http://wordpress.org/?v=2.9.2 hourly 1 http://www.moneyunder30.com/best-new-cars-for-college-graduates/comment-page-1#comment-234 Lisa Mon, 18 Sep 2006 13:14:26 +0000 http://www.moneyunder30.com/best-new-cars-for-college-graduates#comment-234 I think the best new car for a new graduate is a new (to them) USED car. Most recent college grads don't have an high enough income to afford the "luxury" of a new car. New cars lose a good chunk of value right after the the tires hit the road in front of the dealership. This gets people upside-down in their loans almost immediately. Not a good place to be. I think the best new car for a new graduate is a new (to them) USED car. Most recent college grads don’t have an high enough income to afford the “luxury” of a new car. New cars lose a good chunk of value right after the the tires hit the road in front of the dealership. This gets people upside-down in their loans almost immediately. Not a good place to be.

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