Finance 101: Student Used Car Loans

http://www.drive1again.com/student-used-car-loans/
Finance 101: Student Used Car Loans
http://www.drive1again.com/student-used-car-loans/
If you're in college with no credit history established yet, how do you get student used car loans? For a reliable, safe vehicle, consider a Buy Here Pay Here car dealership for your first car loan.
Available Financing
As a student, you may have several options for a no credit auto loan. First, check with your local credit union or bank. If you have no job yet, but your parents are financing you, then they may be able to cosign for you. If you have student loans, then you may still qualify at a Buy Here Pay Here car dealership.
Find Cosigners
If you need a cosigner to get your car loan, then stick to a parent or friend with a solid credit history and good credit. You can get a traditional loan if your cosigner has stellar credit. Keep in mind, if you are unable to pay your bills, the cosigner will be responsible to take over the financial burden of your car payments.
Save Your Down Payment
Try to save as much cash as possible for a down payment. Being able to save a down payment will show your cosigner or Buy Here Pay Here dealer that you are financially able. Alternatively, ask your parents to help out. You'll need a safe car to get to classes!
Keep the Budget Low
When you're at university and not working full-time, stick to a cheap, reliable used vehicle. You'll have loads of college expenses such as tuition, room and board, clothes and entertainment. It's best to start with a basic used car, truck or SUV and upgrade once you get your degree and you're gainfully employed in the workplace.
If you are a student in need of a fully reconditioned used car, please consult a DRIVE 1 AGAIN sales associate at 303-274-7692 about our financing options.


If you have student loans, then you may still qualify at a Buy Here Pay Here car dealership.
If you need a cosigner to get your car loan, then stick to a parent or friend with a solid credit history and good credit. You'll need a safe car to get to classes!
It's best to start with a basic used car, truck or SUV and upgrade once you get your degree and you're gainfully employed in the workplace.