* It's highly unlikely to find a reliable car for that price: Cars, even older ones, generally cost more than $600, especially if you're looking for a safe and functional vehicle.
* Low down payments can lead to high monthly payments: A low down payment often means you'll be financing the car for a longer period, leading to higher interest charges and monthly payments.
* There's a risk of scams and unreliable sellers: Dealers advertising cars for ridiculously low prices may be trying to scam you or sell you a car with hidden problems.
Instead of focusing on a specific price, consider these strategies:
* Save up for a larger down payment: This will give you more options and help you avoid high financing costs.
* Look for used cars in your price range: Check online classifieds like Craigslist, Facebook Marketplace, or AutoTrader.
* Consider financing options: Banks, credit unions, and dealerships offer different financing options, so compare interest rates and terms.
* Get a pre-purchase inspection: Have a mechanic check the car before you buy it to ensure it's in good condition.
Remember, buying a car is a major decision. Do your research, be patient, and don't rush into a deal just to get a low down payment.
