2006-10-15 22:01:06 · 9 answers · asked by Timmy Boy 1 in Cars & Transportation ➔ Buying & Selling
It is possible if you put 50% down. Is 1500 per month your gross income? In many cases 1500 is the minimum for you to make per month to purchase a $12000.00 car. Rule of thumb. Do not buy a car that is more than your yearly income.
2006-10-16 09:13:06 · answer #1 · answered by Anonymous · 0⤊ 0⤋
Wow you have a case of the "I want but can't afford." Get a more realistic view of your budget and then when you can figure out what you can afford then start car shopping. The easy answer to your question is no, your cannot buy that car unless you buy it the Chinese way. Onelumpsum. You pay cash... For a bank to finance that much you must have financed a lot of money in an auto before. That is called comp credit. Without having paid out a similar loan then you are not getting this one. Also you need to find a better job.
2006-10-16 02:37:46 · answer #2 · answered by I am Jared From Subway 3 · 0⤊ 0⤋
Do you have the money to pay for many of it up front? If no longer, i could think of you are able to no longer have sufficient funds it. Is the 2K in line with month gross? If the respond is confident a million/2 of your take abode will pass in direction of a motor vehicle value. Your value for a 72 month loan without interest and no funds down could be 555-695 in line with month. that doesn't contain interest and the taxes you will pay on the motor vehicle. till you have no longer the different expenditures i does no longer anticipate a financial company to offer you a private loan for the motor vehicle. you apart from might could be excited approximately insurance besides. Your insurance will in all probability be larger besides. you would be greater advantageous served financially procuring a used motor vehicle which you would be able to greater truthfully have sufficient funds than a $40-50K motor vehicle.
2016-10-02 08:30:53 · answer #3 · answered by ? 4 · 0⤊ 0⤋
Sure, you need to stay living with your mom and somehow not have any insurance, because that shitt is expensive. Maybe you can just pay for a couple of months and keep changing the dates on the old card so you won't default on your loan. And you will probably need to limit your driving since you won't have much money for gas. And get a seven year loan.
2006-10-15 22:12:47 · answer #4 · answered by radrictheomen 2 · 0⤊ 0⤋
No.
Your EMI should be MAX 25% of your monthly salary. Some banks may give you loan with EMI up to 75% of your monthly salary but you need to put fuel in your car and in your stomach. Also you need to parking place for your car & for yourself too. Plus you need to dress up good in your new shiny car.
2006-10-15 23:21:30 · answer #5 · answered by Ravi 4 · 0⤊ 0⤋
Not really. That would eat up about half of your total income. At 1,500 per month, you probably need to be looking at something in the 15,000 region or less.
2006-10-15 23:11:54 · answer #6 · answered by Bostonian In MO 7 · 0⤊ 0⤋
If you have good creit, you could probably finance it, but the monthly payments will be quite hard on you.
2006-10-15 22:12:22 · answer #7 · answered by Dr Dee 7 · 0⤊ 0⤋
45,000 ??? I would say taking what money you have, a pullover mask, and a high powered hand-gun are your best bet in making this purchase.
2006-10-16 03:20:53 · answer #8 · answered by Jeff C 2 · 0⤊ 0⤋
No it is too expensive car for you
Russian says PO SENKE SHAPKA,PO EBJOONOJ MATERI KOLPAK
2006-10-15 22:10:15 · answer #9 · answered by Anonymous · 0⤊ 0⤋