General Fit Talk General Discussion on the Honda Fit/Jazz.

financing a fit for my first car.

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Old May 27, 2014 | 06:08 PM
  #1  
FitRook's Avatar
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financing a fit for my first car.

I'm 6 foot and 20 years old and have been looking into getting a Honda fit. I want to get a 2013 Honda fit for $17,000. Would anyone recommend this for my first car? Would it be costly to maintain?
 
Old May 27, 2014 | 07:38 PM
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It would only be costly if you use it on a race track (replacing what folks call consumables, oil, brakes, etc) or otherwise constantly run into things (necessitating repairs). Or if you do a lot of pricey mods. Otherwise, its generally considered one of the lowest cost cars to maintain.

The Fit was also the first car i bought, even though i was 32 at the time (i used, used cars my father or brother bought). And since i didn't have a credit card until i was 30, i had effectively no credit. But i did manage to get financing for my Fit, however, it was solely with the intention of partially building credit. So for myself, i put as much cash down as possible and got the minimum amount of financing that i could (6k). The only thing i feel i might've done wrong... Was to actually pay it off too fast. It generally is a good idea for those that have decent credit to overpay each payment in a loan to shorten the overall loan. But i shortened mine from 5 years to 5 months and that is sometimes view as bad.

In any case, you should be okay as long as you don't default on the loan.

And i'm also 6 ft tall (a little abnormal for my Asian community).
 
Old May 27, 2014 | 07:40 PM
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Virtually every "ordinary" new car should be pretty inexpensive to maintain for the first few years of ownership if you don't abuse it. (Exceptions would include things like sports cars, trucks used for off-roading, and so forth.)

That said, the Fit is generally a pretty economical car to maintain. There's not a lot that frequently breaks (and nothing that's especially expensive), and parts are readily available and not outrageously priced as parts go. It's a fairly straightforward car to work on, though access to some things can be a bit tight. With normal maintenance, it should last a long time.

Frankly, especially as a 20 year old, you'll probably spend a lot more on insurance than on repairs for just about any late-model car. This is doubly true if you're a male. Insurance for a Fit shouldn't be particularly high, as it has a decent safety record/rating, isn't all that expensive to replace, and is relatively small and light (which helps limit how much damage it would cause to other vehicles and property). It may be worth enquiring if there's much difference in insurance between a base model and the Sport model if you're concerned about the cost of ownership.
 
Old May 27, 2014 | 10:53 PM
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Insurance will be crazy pricy (most likely).

You also may struggle with discomfort, 6' is a bit taller than the Fit (seems) intended for.
 
Old May 28, 2014 | 02:49 AM
  #5  
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i am 6 feet and feel plenty comfortable. I even drove it a few times between Texas and Wisconsin without a hitch.

35k miles currently, only real maintenance I have done is changed the tranny fluid and bled out the clutch and brake systems with some DOT3 synthetic

EDIT I am also 250 pounds in my football frame and beer gut lol
 
Old May 28, 2014 | 09:55 AM
  #6  
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I'm 6'1" and 205 and have plenty of room in my GE8.

However, I say to buy your car cash. Life is so much easier without debt.
 
Old May 29, 2014 | 12:43 AM
  #7  
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caught your original post in my email, Id say if your pre-edit post were true, that would be the title of 99% of new car buyers.

Car loans actually are a great and easy way to build solid credit if you are responsible.

AKA not using Capital One ever lol
 
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