How do i buy a used car with no money down?

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3 Answers

John Profile
John answered
Save your money up in a account that earns interest and before you know it you will have enough for it and repairs and insurance.never go into debt/buy on credit if you can help it.this just makes you a slave to the lender, and besides paying on credit or a lease just makes you pay 10-15 percent more than the vehicle is actually worth and if you buy off a lot then you are paying the dealer for overhead for doing nothing but letting the vehicle sit on their lot for weeks/months before you buy it.in other words do some shopping around/comparing to find the best vehicle/condition vehicle for your money. Look on ebay,bank repo lots,trader sites so on and so on. I found my truck for 4000 dollars less  at a repo lot than I would have paid locally on a dealer lot.oh and try to stay under 50000 miles on any vehicle you buy.in other words try to get a rental car resale or lease trade in,they will usually be around 40 k miles .this way you will still have a warranty and get the price difference off for buying a barely broken in vehicle.just my opinion. In other words you won't be paying more money for nothing.
Ashita Singh Profile
Ashita Singh answered

Hi John,

I request you please do a lot of research to find the best marketplace to buy used car from where you can get at best price with well maintained condition.

millicent williams Profile
Don't it will cost you a lot more in the long run,save and put as much as you can down as a deposit.

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