Do you $800 is too much for a car loan?
Am looking for a car loan of $1400 I have all ready saved up $600 as my down payment so my loan amount would really be $800. I make 230-260$ a week I have lil to no credit history I could wait and save up the $800 but don't feel like waiting. I all ready check out the car I wanted which was a 202 Honda accord I even had my uncle check it out since he works on cars he says the car is in prettt good shape for that price rage.
That's not too much. But since you don't have credit history… They might need a cosigner. First try it without though.
I highly doubt any lender would want to finance such a small amount. Be patient and save up the whole amount.
Banks and finance companies don't do such small car loans. Their minimum is usually about $5000-$7500. You'll have to get a loan from family or friends.
It's difficult to get a small loan for a car, but you might be able to get a personal loan and use the car as equity.
No, it's too little. You aren't going to get an $800 car loan. You pay cash for a car that cheap. It might only last you a month, you wouldn't want to continue to make payments on a dead vehicle.
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