okay i work a part-time job,and go to school. im 17 and there is a nice truck that looks great and should work for want i want but it costs a little out of my price range and im scared to get a loan wat should i do or any hints
2007-12-18 06:30:24 · 6 answers · asked by blue_boarder_79 1 in Cars & Transportation ➔ Buying & Selling
my dad said he would co-sign on anything i need for the truck
2007-12-18 06:47:59 · update #1
Do you have cash to buy a vehicle? If so, find something in your range and buy it, expecting that it is safe and operational.
If you finance you will be paying interest, full coverage insurance is required, and you will have fuel and maintenance costs in addition to your payment.
My grandson just got his first vehicle for his 16th birthday. The family chipped in and paid cash based on how much money was available to do so. The truck is a loaded 1995 year model in outstanding condition with lots of aftermarket accessories and was purchased below wholesale from a private party. I only tell you this to assure you that with some patience and shopping experience you should come up with what works for you.
I suggest you find a solid, safe, mechanically sound vehicle and pay cash. As a young man you don't want to be tied to a vehicle. That's all cool but there are girls, sports, school and grades, and certainly a lot of other good stuff that you don't want to miss for car payments.
It is evident that you are a wise young man, think it through and weigh out your whole life to get a balance that works for you socially, financially, and educationally.
Also, you are too young to get a loan, even with a co-signor. Your dad has to take the whole load.
Best to you, Chuck Norlin-America's Car Guy
30 years/thousands of car deals
http://www.thebestdealofyourlife.com
2007-12-18 07:20:52 · answer #1 · answered by Anonymous · 0⤊ 0⤋
Pay cash. Make your life easier. That's what I did, but I'm assuming you don't want to drive a $1000 grandma car. I would just go with something cheaper. You don't want to get stuck with something you're struggling to afford, the truck would be more trouble that it's worth.
2007-12-18 17:26:49 · answer #2 · answered by Jack B 3 · 0⤊ 0⤋
Pass on it and keep saving. The best way to buy a car is with cash, no financing or leases. That keeps the cost of the vehicle down for you.
2007-12-18 14:36:20 · answer #3 · answered by terrellfastball 6 · 0⤊ 0⤋
You can buy trucks or heavy equipments at very good price here globaltruckandmachine.com.
2013-11-28 14:01:52 · answer #4 · answered by ? 1 · 0⤊ 0⤋
Well to begin with you will have to wait till you are 18 years old to do anything.
2007-12-18 14:34:17 · answer #5 · answered by Anonymous · 1⤊ 0⤋
GO W/ WHAT U CAN AFFORD FIRST THEN WORK YOUR WAY UP TO SOMETHING REALLY NICE. & DON'T WORRY ABOUT FINANCING BESIDES YOU'LL HAVE TO GET A COSIGNER ON YOUR FIRST LOAN ANYWAY.
2007-12-18 14:40:41 · answer #6 · answered by RATZ 4 · 0⤊ 0⤋