im 17 and i have a co signer and everything.. do you think the dealership would let me buy the car?? plus i only have a learners?? my mother fuss alot about me waiting til im 18 but i have a small family, im not getting any younger and im sick of dependin on other people. i need a car. i attend hair school and work a full time job. sick of finding rides. found a nice car @ the chevy dealership. a cavalier for 5000.00.. do you think they will give me a deal?? HELP..
2007-07-24 14:02:49 · 10 answers · asked by Anonymous in Cars & Transportation ➔ Other - Cars & Transportation
Forget dealerships and late model Chevrolets. You will save thousands by buying an older car from the 70s or 80s for under a grand. If it breaks, just buy a new one, you'll still be saving money.
2007-07-24 14:34:54 · answer #1 · answered by Anonymous · 0⤊ 0⤋
I think the only one getting a good deal on a cavalier would be the dealer getting your money.
I do not think you can get a loan to by the car unless you are 18 or without a co signer. It depends on the laws of your state. The co signer would be responsible for seeing that the loan is paid fore , if for some reason you lose your job and can not make the payments, the co signer must pay. Check with your bank an see if they can tell you what you need to do so you can get a loan from them. They might tell you that they require you to be 18, and have been working at your full time job for at least 1 year.
Hope this helps.
2007-07-24 14:53:42 · answer #2 · answered by ronkpaws 3 · 1⤊ 0⤋
It sounds like you can get around by borrowing or hitching rides from friends and family. That's the best thing to do right now, honest, even though it's a pain in the butt. Much better for you money-wise.
Yes, they will give you a loan with a cosigner. I bought my first car that way, but if you do it, PAY ON TIME, or you will ruin your mom's credit, and you don't need that guilt!
But how long 'til you turn 18? And when will you be done with school? You're better off waiting if it's less than a year. Save some money up so you only have to finance $2000-3000 and keep your payment really low, so you can pay for stuff that you wanna do besides have a car. Then the payment will be lower, and your car won't crap out on you before you're done paying for it.
Be sure to check out the retail value of the car you want to buy on KBB.com so you don't pay more than the car is worth -ALWAYS a bad idea, no matter how much you like the car. Remember, there are thousands of cars in your area, so don't limit yourself to one make or model. Shop around and pay what it's worth.
2007-07-24 14:18:14 · answer #3 · answered by Anonymous · 0⤊ 0⤋
As long as you have a co-signer, you should have no problem, as long as you have been on your job long enough and your credit is good. Another thing, how much do you have to put down on a car? this is very important, and you have to consider the year and condition of the car, the mileage, and service record. Sometimes, getting some expert help is the way to go, getting the blue-book report can be useful, and also, maybe someone with experience with cars can go along with you to take a look with you when you shop for a car.
2007-07-24 14:28:09 · answer #4 · answered by tunerdaddy 2 · 1⤊ 0⤋
You cannot legally own a car until you are 18. No matter what, the car would have to be registered in your mom's or dad's name. Also, you would have to have an adult in the car at all times since you only have a learner's permit. So there is really no point in getting yourself in debt right now. Even if you get a car, you will still depend on someone else for a ride to work.
2007-07-24 14:14:22 · answer #5 · answered by lj1 7 · 0⤊ 0⤋
It depends a bit on who your co-signer is. It doesn't matter to the dealer what the status of your license is, however, driving without a proper license will get your car impounded.
The dealer will not give you a deal. It's their job to get as much of your money as they can. Don't go in there without someone who has experience in car buying. Do your homework and look up the car's value online. Check the service record of that model in general, and check that car in particular by entering it's VIN# in autofax.com. Some dealers may be willing to provide a copy of the autofax report for free, take it if they offer, ask if they don't.
And finally, before you buy the car, take it to a mechanic you trust and ask them to inspect it. They may charge you for the inspection, but it's nothing compared to what you may get taken for without the inspection. If the dealer won't let you take it for an inspection, look somewhere else.
Good luck!!
2007-07-24 14:22:45 · answer #6 · answered by michaelsmaniacal 5 · 1⤊ 0⤋
They will not sell the car to you. It will have to be in your co-signers name, for the fact that you don't have a license. They might sell it to you depending on the dealership.
If your co-signer has decent credit they should be able to give you a deal. Good Luck
2007-07-24 14:23:47 · answer #7 · answered by azn_butterfly2124 3 · 0⤊ 0⤋
My advice to you: do not get an American car as your first car. Get a Japanese car (Honda, Toyota, Nissan, Subaru, Mitsubishi, etc.). Especially if you get a used car.
Japanese cars are known for their reliability and longevity. American cars have very poor quality control and they are not designed to last.
You may find an American car of the same year and everything similar to a Japanese car for about 2/3 the price. But, there is a reason the American car is cheaper. And, you will certainly appreciate spending more on a car that is reliable, than spending less now and then getting nickel-and-dimed for repairs until you're sick of that American car.
2007-07-24 14:16:21 · answer #8 · answered by Paul in San Diego 7 · 0⤊ 0⤋
Get job save your money then buy a car don't use co-signer.
2007-07-24 14:08:34 · answer #9 · answered by Anonymous · 0⤊ 0⤋
many caviliars are sold all the time to teens.....easy to fix and many cheap parts available....insurance is the hurdle to worry about
2007-07-24 14:13:36 · answer #10 · answered by john b 3 · 0⤊ 0⤋