Hi guys, I’m a full time second-year college student with a part time paid internship on the side in which I get paid slightly under 500 dollars a month. I have about 2000 saved up in the bank and was looking at a new car that runs about 15-16k. I know nothing about how financing a car works other than the simple down payment + monthly payments (with interest). I’m wondering if it’s possible for me at all to finance a car like this and what the application process is. Thanks a lot!! I’m also not sure what my credit is at all, other than I always pay all 3 of my credit cards on time.
I also have zero expenses as I commute to my university. Does this change anything?
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