Well although I maxed it out ($20,000) I took out $15,000 which went toward a new 2012 Nissan Versa. It's a blue sedan. It's so pretty and smells brand new! It has cruise control, bluetooth, a CD player, locking doors, power windows, lights that work without banging the gear shifter, etc.....all things my old car did not have. It has 45km on it, most of that was because I took it for THREE test drives!!
I paid for it IN CASH!!!!
Well $2000 on a credit card so I could collect some points (don't worry I will pay it off this month) and the rest which was ($15,453) was by cheque!
Why did I go new?
Well, I checked out several cars new and used and hardly any used cars were less than $13,000. If they were they were not what I was looking for, or had a ton of kilometres on them.
Nissan was having an employee pricing event, plus because I paid cash for the car I got another discount. This gave me more than $2000 off the sticker price. The sales guy gave me another $200 off and he bought me a bottle of wine!
Total for the car with taxes, fees, etc was $17,453. A lot more than I thought I was willing to spend, but I do not have to make payments on it EVER!! I am so happy :) I'll show you pictures soon.