Can I qualify for a car loan at 19 with a 715 credit score? "

"I just turned 19 and found a car that I really want to buy. The car is listed at $30k. I have a good credit score and I have a good job with a lot of disposable income each month. Is it possible I might be able to qualify for a car loan?"

Answer
“You should be able to get a loan for $30k, but it will depend on how much income you have and how much debt you have.
You should really think about this purchase, though. Buying that expensive of a car is a big deal that will cost you a lot of money in the end.
Don’t forget when budgeting for a vehicle that you will also have to pay for car insurance. To save money, use a smart comparison tool like Jerry, which pulls rates from the top 45 companies in seconds.”
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Johnny Puckett
Answered on Jul 26, 2021
Johnny Puckett is a freelance writer and automotive expert. He has contributed content to a number of some of the largest online publications, aftermarket automotive manufacturers’ sites, and automotive informational sites. His experience in the automotive and information fields informs his writing at Jerry. His automotive interests bleed into his free time, where he enjoys modifying his favorite cars and woodworking.
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