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Uber leased him a 2017 Honda Civic last October in Boston for $163 a week, plus a down payment of $250. The lease came with unlimited mileage and basic maintenance but didn’t include auto insurance.
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For starters, insist on a substantial down. or no down payment. Remember, loans with less than 20 percent down are far more risky, which is why conventional lenders require those borrowing more tha.
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But soon it became clear to the sisters that their 71-year-old mother could no longer cook, drive or live alone. Bills piled up in her house, unopened. Her phone got disconnected, her insurance policy.
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Even a couple hundred dollars in regular maintenance every several months is less than any new car payment would be. Of course, there are no guarantees that a new (or newer) vehicle won’t break dow.
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