Need advice from real adults, as I am still relatively new to being a real adult.
I was about to buy another $4000 car but realized when shopping around that $7k-$10k really is a sweet spot. I found a nearby lot that is incredibly trustworthy and honest and has several Hondas in that price range with low miles. (I am only willing to buy a Honda, if you don't get it, then you don't get it, and that's okay. But I'm never going back to another brand.) He only accepts cash and check. No cards, no financing. I've had bad and good experiences buying cars, and my pops and I can tell, THIS is the kind of man who cares about his customers and what he sells.
I felt disappointed until I learned today that my credit score is about double what I thought it was. I guess all these good decisions have really paid off. Sitting at about 710-740 across the bureaus.
What's the best way to borrow the other $4k-$6k I would need without an insane interest rate? Are there any credit cards I could qualify for? Unfortunately I have chime and they don't do loans. I really don't want to go to a Buy Here Pay Here type place because based on my research on top of high interest rates, they charge more for the same car. This man I met today seems very trustworthy and his prices and most importantly his selection of vehicles I am looking for are top notch. I really would rather not go somewhere else, but if I have to, so be it.
original posted by P_Duggy to r/personalfinance on Wed, 28 Feb 2024 19:58:48 GMT.