Driving off to School This Year? Student Vehicles on a Budget
Getting to and from class, home on the weekends, and exploring new cities, towns, and provinces - part of being a student is enjoying a new found freedom. That’s why having a car is crucial. Finding the right car for yourself or for your future college graduate might seem like an impossible task on the outside but an affordable vehicle that stands far above beater status is within reach. Building up credit scores as well as learning more about the responsibilities of financial independence.
But what makes a good car for a college student? And what models are best for college students? How should students-to-be prepare for monthly payments? To take some of the guesswork out of it, we’ve created a guide to finding the ultimate college-friendly vehicle.
Vehicle Financing for Students
Having no credit doesn’t have to be a barrier for students looking to purchase their first car. In fact, having a car can be a great way to establish credit with lenders. For those just beginning their shopping journey, we recommend finding an affordable vehicle that won’t make monthly payments unmanageable and will also give you the opportunity to make a low down payment that is still significant given the cost overall cost of the vehicle.
Speak with one of our financial services team members to begin the process of applying for a car loan. If you’re about to become a student, share your questions or concerns with our team of sales representatives or financial service experts as we help you navigate the world of vehicle shopping.
What’s the best vehicle model for a student?
If you’re looking for something new, Toyota has the perfect student-friendly hatchback. The Toyota Yaris is compact, spacious enough for the essentials (taking your laundry home to your parents), great on gas and comes with the tech features that make for a seamless transition from dorm to vehicle.
With 7.9 L/100Km in the city and 6.8L /100Km on the highway, you won’t be constantly chained to the pump or paying out the nose every time a visit home takes place. Besides its fuel economy, the Yaris is also small enough to fit in any student parking lot while roomy enough to fit a couple friends when you’re out on a road trip. The Bluetooth and navigation capabilities make syncing a phone effortless but also means you can stream and enjoy your favourite playlists and pre-exam pump up songs. Thinking about a small, affordable Toyota Yaris? Check out our selection here.
Should I buy used?
If a new vehicle isn’t on the horizon for you or you’re a bit more budget-conscious, a used vehicle can provide you with all the features, efficiency, and style you’re looking for in your first vehicle, or first student-life vehicle. Quesnel Toyota always has a range of available vehicles that exceed safety standards to keeping the parents happy while remaining stylish and affordable. If you’re thinking used, come by the dealership or start shopping online. Our financial services experts are ready to help you find the best dealer to get the affordable vehicle you need.
