Yes and no. It depends on your State/Province/Territory.
There is no age requirement for buying a new car. As long as you have the cash, you can buy a car.
There is no age requirement for buying a new car. As long as you have the cash, you can buy a car.
Pay cash.
Only if you make every payment on time. If you mean paying cash for as new car, no that does not improve your credit score
cash the check and buy a new car. you dont have to buy a car with that money but i recomend it
Almost anyone can get a car loan. Question is, should you? My advice based on years of buying vehicles both new and used. Buy something you can pay cash for and leave the auto loans to the suckers. Once you save some more money, sell that car and move up, always paying cash. Never ever buy a brand new vehicle. Let the suckers buy new and loose al that hard earned cash. Buy used certified! Less money and better warranty than a new car. Take this advice and you will never regret it.Almost anyone can get a car loan. Question is, should you? My advice based on years of buying vehicles both new and used. Buy something you can pay cash for and leave the auto loans to the suckers. Once you save some more money, sell that car and move up, always paying cash. Never ever buy a brand new vehicle. Let the suckers buy new and loose al that hard earned cash. Buy used certified! Less money and better warranty than a new car. Take this advice and you will never regret it.
If you have good amount of money to buy "New Car" then buy new car, but if you are on a tight budget and want to be practical then buy "used car".In my opinion, I would buy new car!In my opinion the best buy is a 1 year old Certified Used car with very low mileage. You same lots of money, get as good and sometimes better warranty than even new, and still have a car that is practically new. All in all that is a great deal.
Technically yes. However, you would have to either pay cash or get financing. Most 18 year olds don't have enough money to buy a car outright, and since your credit probably is not built up, you would need a cosigner to get a loan.
When you buy a new car you will either pay in cash the full amount or get credit. If you get credit, you will only need to pay a down payment.
The best time to buy a new car is in September or October. This is when the new line of cars come out and the dealers must make room for them and you can usually get a good deal on the "leftovers" of the previous year.
trading in the car is probably your best option or you can sell it :)
You can do with the car you buy under the program as you see fit, just like any other car you may buy. There is nothing in the legislation as to how long you have to keep the car you bought under the CARS program.