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Contributor ⭐
Jul 12, 2024 10:43 PM UTC

Wonder can buy a new or used car?

When u buy new or used can do per monthly??

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    2 replies

    fffred
    Conversationalist ⭐⭐⭐
    Jul 13, 2024 9:27 PM UTC

    @AmyW695717   Yes, you can take a loan to make monthly payments on new or used car from a dealer. If buying used from private party you could check with a bank first.

     

    i suggest being cautious though. Some unscrupulous dealers may construct the financing so that it is low per month but may be difficult to pay off the purchase in a reasonable time.

     

    i suggest developing your budget and determine how much you can afford per month, then use an online calculator to determine how much capital this will give you, or visit a bank or credit union to discuss (again being cautious…not everyone will have YOUR best interest at heart). Or c’mon back here for more questions.

     

    Good luck!

    DirkB349973
    Conversationalist ⭐
    Jul 13, 2024 12:42 PM UTC

    Many people finance their auto purchases and payments are typically made monthly. If that is not what you are asking, you'll need to say more about your question.