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For sure, college students will never go wrong with buying their own car. Besides, it’s the most convenient way to get around campus. Aside from that, there’s a certain level of prestige attributed to owning car, so much so that students are very much eager to get their hands on their own set of wheels.
But let’s be real here. Owning a car involves a great deal of responsibility, like owning a puppy sans unexpected poo-poo sessions. You will have to spend a lot of time and money to maintain it, but more importantly, you must have a LOT of money to acquire it in the first place.
Luckily, there’s a lot of options for college students - and just about anyone who dreams of having their first car - to finance their rides.
Here are some of them.
Get a part-time job
Is your regular income source not enough to reach the initial installment for the vehicle? Sounds like you need to open up another way to earn cash. Obviously, the best way to go about this is to look for a part-time job. Whether you want to get a secondhand Camaro or a brand new Honda Civic, having a part-time job ensures that you achieve your motoring goal.
Apply for a loan
If looking for a part-time job is too much of a hassle, you can always go the easier route by getting a personal or auto loan. Thankfully, there are numerous online outfits offering affordable loans on low and manageable installments. Don’t know exactly where to find a lender that best suits your motoring needs? You can always use services like The Personal Money Store that offers a quick and easier way to locate the best loan deals around.
Go on a yard sale
No doubt that you have artifacts in your basement that are just accumulating dust. So, what do we do with these knick knacks? We clean them out and sell them. Who knows? Maybe you will find something that’s worth a lot more than it used to, and auctioning it off online can help you gain extra cash on the side.
Save! Save! Save!
Apparently, the best way for you to earn enough money to buy your own car is to have the discipline to save. That’s all there is to it, actually. So it makes sense that you keep track of your expenses and open up a separate deposit account for your car. It doesn’t sound like an insane enough idea, but at least you get to manage the way you spend and, eventually, reach your funding goal in no time.
Get the best deals
Even if you already have the resources to buy your own car, you still need to find the right deals. Going to a dealership is one way to seek out your dream car and for less. It’s just matter of finding the right auto dealership. One thing’s for sure, there are a lot of these dealers who can provide value for your money.