If you are making that kind of money just hire a car and driver.
You have to be eighteen to legally enter in to a contract.
what is this 16 year old doing to make so much money????? and no you need to be 18
The answer is no? but if he is making that much money then he does not need a loan he can just buy a car.
I think he means "8 $ " not "8K"
While you are meeting the terms of the loan contract and making all the payments required on time, the lender will not see that there is any problem with your loan.
The benefits of a car loan calculator are that they help you have a clear view of the cost per month and the down payment required to purchase a car.
Paying a car loan payment is an important thing to do each month. There are many factors to consider when calculating your monthly payment. You should consider how fast you wish to pay off your loan and the rate of interest you must pay if you extend your loan over a number of years.
You can find a a car amortization calculator at www.bankrate.com/calculators/auto/auto-loan-calculator.aspx.
Bankrate.com list the average 36 month car loan at 6.44%
Sherri has a gross monthly salary of 4700 She has a 425 car loan payment and a 330 student loan payment due each month She also has two credit card loan payments each month one of 127 and the other is 527.
The easy-to-use auto loan calculator helps car buyers plan monthly car loan payments. Calculate car financing and car payments in advance to make a smart decision on how much you might owe each month.
You must know that it is legal obligation to pay off a car loan. To get out of a car loan, make regular payments. If doing so is becoming difficult for you, then you can sell your car and pay off your loan. Here, there would be problem if you have upside down loan. If your higher monthly payments are making things difficult for you, you can refinance your car.
Yes as long as you pay off your loan.
Sell the newer car and buy something cheaper. It's a bad idea to default on a loan and screw up your credit. Sounds like you overextended yourself financially!
Write a check to the finance company every month