I dont know what to do im gettin a cobalt on monday i cant afford to buy a new 1 and pay insurance cause im gonna be startin college in september so i have 2 choices and need help choosin. I can buy an 06 cobalt ss/sc wit sunroof and speaker system (1 Thousand $ in extras) with 8130 miles on it at the chevy dealership on display for about 18500-18K and the monthly payments for the car would be $316.43 a month for 4 years or should i loan the car for $255.84 a month for 4 years with a maximum of 15K miles a year. Now the 2nd question is that iwanna be able to make my car faster and better if i lease the car would i be able to put a stage II kit in the car and have it installed by a gm dealership or would that be against the regulations for the lease. I never done a loan but i do wanna add kits and exhaust (the whole nine yards). overall if i buy the car used i will be spending about $2,900 more a year but i get to keep the car. The car does have normal wear and tear and minimal exterior damage but i dont know if the car was abused or broken in properly. I jus wanna know ur guys opinion and i only have about 2 days before i sign my money away so i wanna pick the right choice. Thanx alot

 

I think some of these questions are more suited to the place you're looking to buy the car from and the other questions are ultimately the decisions made by yourself. Only you know if you can afford something.

 

you CAN mod a leased car....

 

yah theres nothing wrong with modding a leased car, you jsut have to understand you wont get reimbursed for those mods

 

Don't lease! If you lease you will just be putting money into something that you can't get money back out of like you can with a lease. Besides it will be nice to say that you actually own the car.