Auto loan question

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I got approved for a 10k loan from my bank.. can I still get a car for 15k if I pay the other 5k??
 
I got approved for a 10k loan from my bank.. can I still get a car for 15k if I pay the other 5k??
 
I don't see why not. Only thing is you will have to pay back the interest.

What car if I may ask?
 
I don't see why not. Only thing is you will have to pay back the interest.

What car if I may ask?
 
You've already got 5k saved. Unless you need a new car bad, I'd hold off and try to save another 5k. With 10k cash, you should be able to drive off the lot with a car in the 11-13k range and not have to worry about any payments or interest.
 
You've already got 5k saved. Unless you need a new car bad, I'd hold off and try to save another 5k. With 10k cash, you should be able to drive off the lot with a car in the 11-13k range and not have to worry about any payments or interest.
 
Originally Posted by fresh2deff

Yes you can. Hopefully your not going to have a high interest rate?



not much credit so im paying 9% apr, need a car though.. air force im getting stationed in las vegas, want a car to get around and drive home to cali everynow and then holidays and !$+$
 
Originally Posted by fresh2deff

Yes you can. Hopefully your not going to have a high interest rate?



not much credit so im paying 9% apr, need a car though.. air force im getting stationed in las vegas, want a car to get around and drive home to cali everynow and then holidays and !$+$
 
Originally Posted by 365k

I don't see why not. Only thing is you will have to pay back the interest.

What car if I may ask?


acura tsx



Originally Posted by ohdannyboy

You've already got 5k saved. Unless you need a new car bad, I'd hold off and try to save another 5k. With 10k cash, you should be able to drive off the lot with a car in the 11-13k range and not have to worry about any payments or interest.


i got 3k saved and it would take a lil while to save with me moving
 
Originally Posted by 365k

I don't see why not. Only thing is you will have to pay back the interest.

What car if I may ask?


acura tsx



Originally Posted by ohdannyboy

You've already got 5k saved. Unless you need a new car bad, I'd hold off and try to save another 5k. With 10k cash, you should be able to drive off the lot with a car in the 11-13k range and not have to worry about any payments or interest.


i got 3k saved and it would take a lil while to save with me moving
 
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