Originally posted by 99SVTguy:
I am not getting too excited because I don't know if I can receive acceptible financial arrangements. Its hard to find a lender that will go 48 to 60 mo. on a 10 year old car with someone who is only 24 and still shouldering college debt. They'll probably want some crazy 15% interest rate or something.
any chance your parents would be willing to help out? they could take out a home equity loan at a reasonable 8% or so and give you the cash to pay for the car. then they can use the loan as a write off at tax time each year. they'd make out like a bandit with that, and you'd get a good interest rate.
