Question:
i am planning to buy a car and have a 10000 dollar down payment trouble is my job is part time and i only make between 600- 800 a month and ive only been on in a couple of weeks and im looking for a car around the 19 grand mark. I do however have been taking care of my aunts son for the past 3 months 4 days a week and get around 150 a weeks for that how do i prove this income to the dealerships. Also i have no over heads and no financial commitments oh and no established credit.
Answers:
Anyone looking to make a great buy on a new Nissan or Hyundai?
if you have 10000 down you should not have a problem. make the dealers finance manager work for you tell them if they can't find you a loan your go somewhere else. they will find you one might not be a good deal so be care full. but basically you have over have down that makes it a safe loan for the bank. good luckthat size of a down will buy you a loan, but you will still need to prove extra income, if you draw no other kind of income and are not married than the only way to do it is by getting a cosigner, which can be refinanced off the loan in 12 mos or so
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