So I’m a college student in NJ and I’m looking to buy my first car. I’m looking for something used, and I was thinking about taking out a loan from the bank for around $12k. I work part time and plan to work for a delivery company (DoorDash, uber eats etc...) in addition to my current job after I get my car.
I don’t have my license yet, I’m getting it at the end of May by the latest.
My issue is that I currently make around $1k/mo without taxes and I’m aiming for a price of around $200-$300/mo for the loan repayment and then I have insurance to cover too ($2-300/mo?) with my parents covering half of it. I also give my parents about $100-200 a month for groceries and stuff.
Can anyone help me out here in terms of budgeting? Or how I should pay for the car? As well as any advice is appreciated.
Submitted May 03, 2019 at 09:34PM by TheReichWillRise http://bit.ly/2VerIyz
