I'm looking into financing a used car. The car year is a 2005, very pretty and is about $12,800. I have never finaced a vehicle before but I'm in the postiion where I kind of have to right now.
I'm one of the millions of Americans without a job right now. I live out in the boonies and I have had serveral job offers that pay good money. The problem is I have no transportation to them. (No buses or taxi's either) My family only has two cars (sister & Mother) but both work full-time.
I have been doing my ressearch and the monthly payments for the auto loan would be about $120/month for 10 years. I was thinking about asking my famlily to pay the monthly payments until I do get a job and I will pay them back.
Does anyone know if there is any type of help for this type of situation?
Thanks.