Everyone needs a car for different reasons, whether it be for convenience, function or a fun hobby. But what do you do if you’re broke and need one? This guide will provide some helpful tips to get you in the driver’s seat.
Table Of Content:
- You're Broke, But Need a Car: 9 Car Buying Rules — NinjaPiggy
- Buying a Car when You're Broke - CarsDirect
- Can you tell me how to get a car when I'm broke? | Jerry
- You're Broke, but You Still Need a Car - CarsDirect
- How to buy your first car without going broke
- Buying a car! I'm so lost and broke! : r/Frugal
- 20 Tricks For Buying A Top Tier Car If You're Broke
- How Cars Keep You Broke (The Truth) | WhiteBoard Finance
- Cheap Foods to Buy When You're Broke | Spending | U.S. News
- 3 Ways to Buy a Car With No Money Down and Bad Credit - wikiHow
1. You're Broke, But Need a Car: 9 Car Buying Rules — NinjaPiggy
https://www.ninjapiggy.com/blog/car-buying-rules-phase-1
Oct 23, 2016 ... 1. Explore Other Options · 2. Have a "Point A to Point B Safely" Mindset · 3. Don't Buy for Features · 4. Buy a Vehicle Between $2,000 - $7,500 · 5.
2. Buying a Car when You're Broke - CarsDirect
https://www.carsdirect.com/auto-loans/buying-a-car-when-you-re-broke
Nov 2, 2018 ... Brands like Toyota and Honda have consistently been rated most reliable car brands, where luxury brand BMW vehicles are known for needing ...
3. Can you tell me how to get a car when I'm broke? | Jerry
https://getjerry.com/questions/can-you-tell-me-how-to-get-a-car-when-im-broke
Getting a car when you're broke is totally possible if you're willing to make a few compromises. First, you have to be open to looking at all options. A car may ...
4. You're Broke, but You Still Need a Car - CarsDirect
https://www.carsdirect.com/auto-loans/youre-broke-but-you-still-need-a-car
May 3, 2018 ... In order to qualify for a vehicle, borrowers have to provide a down payment, proof of income, and a valid driver's license. Some BHPH dealers ...
5. How to buy your first car without going broke
https://www.cnbc.com/2022/07/20/how-to-buy-your-first-car-without-going-broke.html
Jul 20, 2022 ... Figure out your budget · Start saving ASAP and consider using cash for the purchase · Do your online research and compare cars and dealer prices ...
6. Buying a car! I'm so lost and broke! : r/Frugal
https://www.reddit.com/r/Frugal/comments/2msupg/buying_a_car_im_so_lost_and_broke/
Don't get a credit card to pay for a car. The best, most frugal, thing to do is find something older, in good shape, that you can pay cash for. Buy from a ...
7. 20 Tricks For Buying A Top Tier Car If You're Broke
https://www.hotcars.com/20-tricks-for-buying-an-top-tier-car-if-youre-broke/
Jun 20, 2018 ... Let's take a look at 20 tips and tricks to buy an expensive car when you're broke.
8. How Cars Keep You Broke (The Truth) | WhiteBoard Finance
https://whiteboardfinance.com/how-cars-keep-you-broke/
Sep 1, 2020 ... Not only are you borrowing money, your borrowing money to purchase a depreciating asset. On average, new cars lose 63% of their value in the ...
9. Cheap Foods to Buy When You're Broke | Spending | U.S. News
https://money.usnews.com/money/personal-finance/spending/articles/cheap-foods-to-buy-when-youre-broke
Climbing food prices can make grocery shopping especially challenging right now. If you want to keep to any reasonable budget, you may have to make some hard ...
10. 3 Ways to Buy a Car With No Money Down and Bad Credit - wikiHow
https://www.wikihow.com/Buy-a-Car-With-No-Money-Down-and-Bad-Credit
Get a cosigner. ... If you are not approved for the car loan on your own, another option is to get a family member or friend to co-sign. This means that the ...
Can I finance a car if I’m broke?
Yes, there are many ways to finance a car even if you have no money. You can look for financing options from dealerships, local banks and credit unions as well as online lenders who may specialize in bad-credit auto loans.
Can I rent a car when I'm broke?
Renting is another option that many people find attractive. Many rental companies offer daily, weekly and monthly rates that can fit into almost any budget. Just make sure to factor in all of the costs, such as insurance fees and fuel expenses.
Is buying a used car when I'm broke reasonable?
Buying a used vehicle is probably the most cost-effective way to get a car when you’re broke. As long as the vehicle has been inspected and is up to safety standards, it can be an excellent choice for someone on a tight budget.
Conclusion:
Getting a car when you’re broke may seem like an impossible task but with careful planning and researching all of your options there are plenty of pathways open to you. Take your time in making decisions on financing or renting so that getting into your new wheels doesn’t become more hassle than it initially seemed worth!
