After a decade of buying used cars from shady dealers than don't last 5 years, I'm dedicated to financing my first auto loan to buy from a reputable source, like carvana.
I'm not exactly sure what my credit score is, considering my app says 700 but a recent attempt I made to rent a house revealed that number isn't the same across all agency's apparently.
My budget so far is pretty forgiving at the moment, I'm staying with my parents very cheaply and only have small monthly debt payments (1 credit card and personal loan). I'm only making around $1200 a month, but I'm sure I can afford full coverage and the monthly payments, along with my other bills.
My question is, how does the process work exactly? Should I just call my credit union and ask for a loan, or should I try going through the car dealer? Is there anything I should know before hand?
I appreciate any and all responses, as I'm totally clueless.
original posted by FapleJuice to r/personalfinance on Thu, 21 Mar 2024 11:19:12 GMT.