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? asked in Cars & TransportationBuying & Selling · 6 years ago

getting car loan at 19?

I m 18 and im in college and i graduate in september and will be 19 in november and i have to start paying off my loans in april i have a $12000 loan

i already have money saved up and should have $10000 by april and will probably have the other 2000 by july and my loan will be completely paid off

i currently have a credit card and haven t been late on a payment

do you think its possible for me to be able to get a car loan right after i finish paying off my school loans

Update:

I'm currently working part time but as of september ill be working full time making at least $22 a hour the only expenses ill have is car insurance and gas and other random things i might want to buy (i live with my parents)

4 Answers

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  • jimanddottaylor
    Lv 7
    6 years ago
    Favorite Answer

    Probably, there is nothing like paying off money early to look good on a credit rating.

  • ?
    5 years ago

    1

    Source(s): Easy Car Loan Approval : http://carloan.trustdd.com/?LhQw
  • Anonymous
    6 years ago

    The # variable is probably going to be your job & your income.

    Needs to be over $1500 per month.

    Generally, lenders don't like to lend to part-timers without a strong cosigner.

    I would think paying cash for a car and keeping the student loan might be a better idea. Don't student loans have low rates ?

  • Anonymous
    Lv 7
    6 years ago

    You probably could, but you might want to keep debt off your financial diet for a while.

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