Are you a college student and keen to get a car for yourself? Is it the first time you will be buying the car? It is difficult for a college goers to purchase a car given he has no monthly stable income. Even if you are working part time, your salary may not be enough to meet both your education expenses and financing your car.
Having a car at your disposal has somehow become the necessity of life especially for college students. Well, go ahead and decide on the car you wish to drive. And if you find that the new car you were looking for is way out of your affordability, do not be disheartened. You can try to find a used car of the same make. The choice of college students to buy a brand new car or to get a used car depends entirely on their financial strength. And it is not much cause of worry because the lenders are now willing to finance them, be it a new auto loan or a used auto loan. The best deal about these loans is that you can buy a good quality car in good condition at reasonable rates.
The college students should try to avoid SUVs as they may end up eating into the income as a fortune will need to be spent on the gas. So, do a little research before deciding on your choice and try to get in touch with a reliable car dealer and not anyone around the corner running your way with attractive auto loan offers. If you are trying for pre- approved auto loan, go for a pre approved used car loan. Also try to get the best deals for the car. When buying a used car, remember to get the VIN or the vehicle identification number and check its service history.