All Questions
96
questions
19
votes
14
answers
16k
views
I’m 18 years old and want to finance a £30,000 car [duplicate]
I'm 18 years old and I've always wanted an Audi Q5. Currently, I'm working full-time. I earn £28,800 annually and that will be due to go up soon. The car I've had eyes on costs £31,789. The monthly ...
- 255
1
vote
2
answers
396
views
How can I help a 17 year old track and pay me back a personal loan?
I’m selling my 17 year old cousin my car. He wants to make regular payments on it, every two weeks or so. Instead of taking cash, issuing receipts, and tracking this on paper somewhere, I’d like to ...
- 131
3
votes
2
answers
281
views
How do vehicle loan transfers work?
I'm going to buy a car from a private seller. The seller bought this car from Dealer X couple years ago. Now, the seller wants to buy a new car from Dealer N. The seller didn't like Dealer N's trade ...
- 143
35
votes
4
answers
17k
views
Why is the car dealer insisting on a loan instead of cash?
I saw a question that said "He (dealer) knocked down the price quite a bit" but my experience is different. The dealership says that they have a US$1500 incentive if I take a loan from their financing ...
- 3,492
0
votes
3
answers
275
views
Should I pay off my car loan early?
I have a car loan with a payoff of $5,200. we pay $200 / mo for 30 more months. We are both retired working part time. Should we pay off the balance now?
50
votes
12
answers
29k
views
My mother co-signed for my car. Can she take it away from me if I am the one making car payments?
My credit is in the low 500s and I was unable to get a car loan. My mom cosigned for me and I've now had a beautiful car for three months. I've been making on-time payments, the registration is in my ...
- 479
0
votes
0
answers
112
views
Can I take my name out of a car loan? [duplicate]
I am in the process of buying a house and the bank requires that my name needs to be taken out of the car loan. My son is the cosigner, and my daughter (whom I bought the car for) is making the ...
43
votes
14
answers
15k
views
How can I support myself financially as a 17 year old with a loan?
I'm a 17 year old Ohio high school student who makes ~$160 a month working minimum wage. I have a $3500 loan (4 year duration) to pay off for a car with ~$2880 left.
Monthly payments are ~$80 for ...
- 439
1
vote
1
answer
223
views
Calculate the deposit on a loan when the monthly payment, interest rate, and balloon are known
I am looking into PCP finance for a car and I have found estimates where I enter a term and a deposit, and am given a monthly payment for the loan.
Some sites (BMW for example) will let you enter a ...
- 119
2
votes
3
answers
3k
views
My ex husband put me as a co signer on his car loan and I didn't know anything about it. What can I do? [closed]
My ex husband put my name on his car loan as the co signer without me knowing.
What can I do?
- 29
1
vote
2
answers
3k
views
Car is under my girlfriend's name, can I refinance it?
Last year I needed to buy a car, but my credit was bad, so my girlfriend at the time let me use her credit to buy it. Now almost 2 years later I have to buy a different car so I can take out of the ...
- 11
0
votes
2
answers
192
views
Would it be more beneficial to pay my car loan off first in this situation?
Okay here is my situation. I have a vehicle I'm currently interested in. It's around 42k. My vehicle that I own is worth around 28k KBB. I only owe around $5600 on it. I have the money to go and ...
- 31
0
votes
1
answer
90
views
Leasing a car on a personal lease vs withdrawing LTD funds to buy it for cash?
Every book, radio show or podcast for people wanting to become/stay wealthy would advise against leasing a car.
I agree a car itself is an expensive toy and lease even adds to this equation, but...
...
- 876
31
votes
11
answers
11k
views
Is it a good time to replace my used car?
We have a 2005 Chevy Impala with 105,000 miles that we purchased in 2011. We have made many repairs such as replacing the transmission, repairing the radiator, heating and AC system, thermostat, belt,...
- 413
7
votes
2
answers
25k
views
What's the deal between the bank and the dealer when you finance your car loan with your bank?
I'm an absolute beginner to car loans, and I was wondering what's going on between the financing agencies and the dealers when I finance my car loan. (My questions are about car financing in the US.)
...
- 302