Saturday, March 28, 2009

How can i finance a NEW car when i turn 18?

I am turning 18 in about 7 months and i want to finance a brand new car. I have a job but i only make minimum, and i dont have a co-signer. There is a chance i may be emancipated, would that help or make it more difficult? The car i want is under 20,000. I am just trying to figure out what steps i should take to make this goal possible.


Please help!!


Thanks!
How can i finance a NEW car when i turn 18?
Very unlikely unless your credit is very good which I doubt since your not even old enough to have credit in your name.
How can i finance a NEW car when i turn 18?
I would strongly recommend NOT trying to finance a car at this stage in your life. I%26#039;m sure you%26#039;re very responsible, but you%26#039;re still young... you don%26#039;t really know where life will take you just yet, and it would really damage your financial future if you found yourself in a spot where you couldn%26#039;t make the monthly payments. Try saving up for a decent used car, take good care of it, and after you%26#039;ve had that for a few years, trade up for something better. Keep in mind that having a brand new car and being as young as you are will make your insurance payments sky-high. Just my two cents.
Reply:you can go with no credit student car loan that will be useful to you and if you pay loans on time you will be benefited to improve your credit score, there are many online sources who provide student car loan with no credit and also with a low interest try to contact them and get your problem resolved, for your reference try http://www.carloans-forall.com my one of friend had recently get a student car loan for no credit and also with low interest rates, you may try this source.

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