General Question about financing a WRX...
#1
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General Question about financing a WRX...
Alright, I'm 17 and I'm looking to get one of these by the end of summer(I'm staying hopeful).
By the end of the summer after I sell my car I'll have around $13,000.
Would it be possible to get a loan of around 7k-8k at my age so I can get a 03 WRX or should I go for a used 02 w/ a 6k loan or so w/ my parents cosigning?
Any tips or things I should avoid?
Thanks
By the end of the summer after I sell my car I'll have around $13,000.
Would it be possible to get a loan of around 7k-8k at my age so I can get a 03 WRX or should I go for a used 02 w/ a 6k loan or so w/ my parents cosigning?
Any tips or things I should avoid?
Thanks
#2
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At your age, even with the down payment, it is doubtful you will be able to get a loan, unless you have an established credit rating.
By having a parent co-sign, however, I don't see why you wouldn't be able to get the larger loan. (even then you may find it harder to get a loan, then if you were a little older)
By having a parent co-sign, however, I don't see why you wouldn't be able to get the larger loan. (even then you may find it harder to get a loan, then if you were a little older)
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