loans
im about to turn 18 soon and want to upgrade my car. so i'm gonna get a car loan and buy one from craigslist. why i want one from craigslist is so i can get a car with mods already installed and don't have to waste more time and more money one getting them. yes, i do have a job, working part time, getting ~$400 every two weeks, but it's not enough. I probably could buy a car off a lot with the money i am making now, but i don't really want to do that, i'd rather pay off a loan which is probably even worse. so i'm here asking if it's a good idea to get a car loan as soon as a turn 18, not the day of, but shortly after i turn. probably a loan of $6k-$8k, nothing too big, but big enough to get something good/ better than my car now. right now i have a 2003 vw golf gls 2.0 and it's a fucking shitter. i want something with speed which is why i'm considering doing this. i only have about $1k saved up and i don't have anything to spend it on, so why not a car, with a loan of course. so yeah, is it a good idea to get a 6-8k loan shortly after i turn 18? or should i just trade in my car and save up some more money?
sorry for the eyesore of a post.
sorry for the eyesore of a post.