Getting a $4000 loan to buy a car? No credit?
I'm 18, Just got my license… But I really need a car. I don't have family that are willing to help me in Anyway get a car. I only have 700 saved up after working almost two months… Which is ridiculous… I only work part time, so a job is a job…
I've been driving around my brother in laws car when he doesn't need it, but nights like tomorrow we both work, so I can't just borrow his car. So I'll probably have to drive my grandpa's van, which I've never done before, because I get off too late for him to get out.
Its just becoming an issue.
My dad is very picky, and he wants me to save like 3000 to buy a car off of Craigslist,. That scares me a lot. I don't want it to break down and stuff.
After doing some research, I found a car at a local honda dealership, they're only asking $3,995 for the car.
So I would be asking for a 4000 loan… Which I'm pretty sure I can do.
I make about 1000 a month though, not much at all. But My college this.year is completely free, I live at home, with my granpatents, taking care of them, so the only bills I could have is this loan, insurance, and gas.
Or I could just keep trying to save and driving my grandpa's giant, wheel chair accessible van that I can't park…
I don't know what to do and need some advice.
Every time I bring it up with my dad, he treats me like an idiot.