How long did it take you to save up for a new car?
I thought I would ask you guys who have bought your own car...about how long it took to save up? I recently got 13k from my mom's veterans disability and I really would love to get a Jeep Wrangler (But they're about 30k lmao). I have 2 jobs lined up in the med field. Also, did you pay it off fully or do a payment plan after putting a down payment?
- Anonymous6 months ago
From 14 to 17 to get my first car. Never got a new car and never will. Perhaps the single biggest waste of money most people make is buying brand new cars.
I financed my only car $6500 at 22. Paid it off in 19 months and have not financed another car in the last 35 years. Smart people pay cash.
- conley39Lv 76 months ago
I already had the money when I bought the last one and paid cash. My first car took about 4 months to put together a down payment and I financed it.
- PearlLv 76 months ago
ive never bought a car, dont even have a license
- thejuice420Lv 46 months ago
A larger down payment will usually get you a lower APR, as long as your credit score isn't bad, and obviously lower monthly payments. I would put down an amount that would ensure the monthly payment easily fits your income...with room to spare. I did the same thing even though I could've purchased it outright.