Posts Tagged ‘Credit Auto’

How can I purchase my first car? I’m a recent college grad with bad credit low-income?

Kelandranessifa asked:


I’m a 23 year old recent college grad. I just recieved my driver’s license and would like to finally get a new or used car (I’ve been relying on public transportation to get me around). The only problem is, I have very bad credit and make only $700/month with no savings left over each month.

I really need a car by the end of this year. When I get to the point when I can get a car, how much should I have saved up (the average) to get my first car? Given my poor credit and low income, how can I afford/pay for the car (payment plans, financing, leasing, no credit check auto loans, insurance, gas costs, etc.)? What other paperwork, tips, tricks, buying info, etc. should I know?

I really appreciate your help! I know nothing about the process and requirements for buying my first car.

bad credit car loan