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Been looking at cars to get for a first vehicle, however, my dad wants me to get one from a dealer, and I don’t really want to do monthly payments for a first car if I were to get mine from a dealer…I was hoping to be able to find a nice used car from a private seller that’s already been paid off so I don’t have to worry about paying monthly payments for it.

My parents said they would help me get my first car and so they gave me a $4-$5K budget. if I get a car from a dealer, that would most likely be my down payment and I’m just gonna have to pay off the rest of the amount each month. Rn I’m not working cuz I’m in school, but like when I get a job, my thing is is that I don’t want to be setting huge amounts of money from my paychecks aside for monthly payments on a first vehicle. Its a first car, so I’d rather not have to do monthly payments on it.

My question is, is it ever wise for someone like me to finance their first car? Or is it normal for a lotta people to finance their first car? Any advice and input would be greatly appreciated, thanks.



Submitted September 18, 2021 at 08:15PM by Apprehensive-Bank820 https://ift.tt/3lwhjIE

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