how can i buy a motor near no credit? what is first time buyer program? Answers: A car loan is in fact pretty easy to
Answers:
A car loan is in fact pretty easy to take, because the bank have collateral (the car) and if you don't pay, they can come rob the car final.
That said, I would save up some change and buy a much older saloon with a terrifically small loan ($1000-1500). The payments will be more manageable ($100-150). Plus you can still put dosh into savings for emergency and other money in funds for your NEXT car. When you clear off the loan, keep hold of putting the amount of your payment into funds and in another year, use the motor savings and your trade-in to capture a NEWER car beside cash (no loan this time). NEVER EVER buy a untried car - they depreciate too rapidly.
Keep doing this every year or two, and pretty soon, you'll be driving a nearly-new car next to NO PAYMENTS that someone else has taken the depreciation on.
BTW - did I mention you stipulation to have reserves in the edge for emergencies - they will surface, so you need to be prepared.
If you enjoy a large amount of hoard in the dune, you can always receive a loan. People who have trouble are those who spend every penny they earn (and more). But I would simply borrow to buy a house (they appreciate in value).
Do this and you'll be better stale that 75% of Americans
Other Answers:
just read out........THE MONK WHO SOLD HIS FERRARI
U EASILY GET TO KNOW HOW EASILY U CAN BUY A CAR WITHOUT CREDIT
motor is colateral 10-25% down requred depending on credit and a trade in help. credit beloe 600 may require a cosigner to get affordable payments Source(s):
http://cgi.ebay.com/ws/eBayISAPI.dll?ViewItem&rd=1&item=9521974071&ssPageName=STRK:MESE:IT
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