Does any know what the smallest loan is that you can take out for a used car?

Question:
I need to get a car ASAP but I don't have quite enough money saved up. What is the smallest amount you can take out for an auto loan? I only need about 2-3 k.

Answers:

Help I WANT A MONTE CARLO SS!?

You can borrow whatever you need as long as they approve you.

Buying a beetle?

If you do the loan for credit you have to have the loan for more than six months or it doesn't show up on your credit report.

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I will be buying a new car a 2006 or 2007 mustang, should i get a coupe or convertible, whats the diff?

the smallest car loan to finance is generally $5000 if the collateral meets criteria. You may want to consider a personal loan in your case.

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What can i do if i lease an as is used car from a dealer who gives me a 30day limited warranty. but 2months af

Like Z said. I actually once borrowed 500 dollars for a motorcycle, from a bank! I know it sounds funny but it actually helped me establish some credit. If your putting a fairly large down payment it's pretty easy to get qualified for the rest. Good luck.

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