I'm 18, just graduated highschool, and am going off to college this August. I've found a good car for $2,000 but after I put tags and insurance on it I figure it'll be about $2,400.
I had $1,800 saved up and my mom said she would foot the last $600 but unforeseen bills came up and now I only have $800 saved up for a car. I'm not going to ask my mom to now pay for 2/3 of the car.
So would it be wise to take out a loan with my bank and pay it off over the summer? The reason I'm rationalizing the loan is because the car is in great condition (it was just owned by a mechanic my mom knows well) and he only wants $2,000 for it.
Submitted May 23, 2017 at 07:23AM by RUSSDIGITY117 http://ift.tt/2rvKDp2
