Okay I'm 19, in college full time, and working part time making 800-1000 a month roughly. I have a car that is fairly new, but want to trade it for something with cheaper payments. The car I want is around $20,000 and want to get about $19,000 on my trade in. Some of the 19 will have to go to paying off the rest of the payments on my current car, which leaves me with $7,000 to put down on the new one. My actual question is, could I get a loan from the bank? I don't think I have credit but could get a cosigner. Also, do I even need a loan or can I somehow finance it through the dealer? Sorry this was so long, thanks for the help!
Getting a car loan at age 19?
- Thread starter Cameron
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