2006-11-15 14:34:54 · 6 answers · asked by Anonymous in Cars & Transportation ➔ Buying & Selling
If you earn $1000 and only have $188 for downpayment, don't you think you should be looking for a less expensive car? To answer your question, I highly doubt it!
2006-11-15 14:37:39 · answer #1 · answered by ajillity 3 · 0⤊ 0⤋
WOW!!!
Most finance companies have a minimum income requirement of $1800 per month...
To calculate payments on a purchase: Take sales price and add tax and license (11% in CA), subtract your down payment. Divide this number by 60 months for 5 year financing. This will give you the payment amount BEFORE interest...
Based on your question, your payment would be over $750 per month PLUS interest...and insurance.
Keep dreaming!
2006-11-15 23:27:37 · answer #2 · answered by Anonymous · 0⤊ 0⤋
You earn a thousand how often? Weekly? Monthly? If it's monthly, forget it. It won't happen.
If it's weekly, then maybe - but you will spend so much on the car, that you have better live at home with your parents, because you won't be eating or making house payments. Better to spend the money on investing in yourself, say college tuition payments. While you're there, be sure to study accounting, finance, and economics.
2006-11-15 22:43:38 · answer #3 · answered by Ralfcoder 7 · 0⤊ 0⤋
No you cant. You dont make enough money.
You should look for a more inexpensive car (like a Honda Civic)
2006-11-16 03:15:07 · answer #4 · answered by lildude211us 7 · 0⤊ 0⤋
You don't make enought money,so don't even waist your time even trying.
2006-11-15 22:39:31 · answer #5 · answered by George K 6 · 0⤊ 0⤋
can i say that you are the biggest idiot i have ever heard of.
2006-11-15 22:41:12 · answer #6 · answered by hookeduprides 2 · 0⤊ 0⤋