Quote:
Originally Posted by WayFast84
is it bad that Id be paying my own loan at 16?  |
Yes, it is extremely bad, IMO. Plus you can’t get a loan, so someone, most likely your Mom, would have to co-sign, putting them and their credit rating on the hook if you screw up the payments. Plus you'd have to carry full insurance (comp & collision) on a car with a loan. That would likely double your insurance bill. You are too young to try to keep up with people with actual incomes. Don’t try.
Finish your 3rd gen and enjoy learning and growing up.
BTW, 4th gen prices will drop as we get closer to 5th gens. Save your pennies, better deals are ahead.