I earn about 1000 a month. I am planning to buy a car that cost about 40,000 with 0% interest.It is possible?

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Answers:

where can i get a loan to get my vehicle out the pound?

No, it is not possible. you need to figure $20 per 1000 to get you a ballpark figure. So $40,000 would be almost, close to $800 a month, after taxes and additional charges. That leaves you with $200 a month for gas and insurance and I am sure you need to eat too.

Where can I find.....Chevy Impala?

0% interest? I suppose if you're borrowing from family or have a long term interest with a bank that labels you a VIP customer, in which case you probably wouldn't need a loan. I am trying to buy a $30 000 car and I make $3000 a month and I am finding it difficult. Sorry to burst your bubble...I love cars too.

Is the MOT for cars recognised in the Republic of Ireland, or does a car purchased in Britain need an NCT??

Bad idea Tim....You can't afford it. Get a cheap car and have MUCH more fun.

Can anyone tell me about swift Trucking?

Only if you have no other bills and dont need to eat.

Does Carmax EVER negotiate prices?


Give us a break, you make 12K a year. You should be driving a $2000 car tops.

Is there anyway to "guess" at a VIN number?


Even with a 60 month term and no interest your payment would be $667 a month. You are not getting a 40k loan with a 12K job for a car by the way.

do you think volvo is in the same class than mercedes or BMW ?

No. sorry. no company is going to finance you at that income for that amount of debt. Yuor payment per mo, not including insurance or gas or reg would be 555/mo over 6 years. buy a basic transpo car and go to college, so you will be able to aford it later. I got a new truck and a '73 vette on a 2 year degree, and am not hurting.

how many miles is too much when buying a car?

NO! This is not possible unless you have no other living expenses, including maintaining the vehicle (oil changes, gas, minor repairs, insurance, etc.). With current fuel prices and the cost of insuring such a vehicle you are setting yourself up for failure.

i want to buy a car ?


If you bought a $30,000 car you would be making about a $500 car payment with $0 down and a good interest rate. Odds are with a $1,000 per month income you will not be eligible for even a good rate. Don't waste your money buying things that you don't need. Just be patient and in time you will be fine.

what does $1000 customer cash mean in terms of buying a new car?

yes i'l sel it to you a toy car or my dads real one that my parents do not want

how to bargain?

Most finance companies have a minimum income of $1500 or $2000. Even if you were approved, the maximum payment you may be able to get is less than $200 (auto finance companies don't want your car payment to be more than 18 or 20 percent of your income).
Even IF you were able to get approved with a $1000 monthly income and IF you were able to get a 0% loan (which is highly unlikely). You still wouldn't be able to finance more than $14,000 over 72 months.
That $40,000 loan you were talking about? Even without interest, the payments would be $555. That's more than half of your monthly income.

anyone know where i can buy 15 inch alloys for my astra, something not too expensive..?

You can't afford it, along with insurance, and basic living expenses, and I don't see any lender giving you a loan for that unless you have a substantial amount of liquid assetts.
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