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How Do I Buy a Car as College Student

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Howdy Carforumers. How do one purchase a car as a college student - dropout, undergraduate or a graduate.

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This seems to be a burdening question to many college students out there and just like myself, I would love to share how I owned my first car as a student in the college.

Why You Need the Car

The thing I considered was why I so much needed the car. Since I wasn't boarding in the college, I had to use the public transport every day and the cost is high as you already know. Again, I had this petty job I use to make extra money for myself. SO, i thought to myself that I needed a car to drive to lectures and to the job I am earning from. Now, I have my reasons for getting the car and it's satisfactory. So, figure out your reason. And, if the reason isn't cool, do not attempt to buy a car while in college. Also, you've seen that I have a job and it is enough to care for maintenance expenses and all.

What Car Do You Need?

First off, understand that as a college student, you do not need a big car. I recommend a simple sedan or a hatchback. I own a hatchback because it's easier to maintain. Also, do not go for vintage cars or any muscle car. Trust me; the cost of maintenance would be very and you might be unable to catch up with other financial commitments in school.

Make¬† Money ūüíį

Here is the main challenge; making money. How do you make money to buy a car as a college student? You would say "savings" but where do you pack the money for savings? Below are a few things to consider:

Pick up a mini job:

Like myself, get yourself a simple job to do. Some of such jobs would include babysitting, mowing the laun, dog walking, house cleaning, gardening, etc.

Get student loan:

Most colleges offer this. If your college provides lending programs, participate and make sure to repay or it will affect your credit score.

Take Paid online surveys:

If you live in developed regions like the US, UK, China, etc. you'll enjoy paid surveys online. Save them up and your savings will grow.

Be Disciplined

Saving alone is not enough. You must discipline yourself well enough not to use the money. In my case, I deposited my earnings in fixed accounts so as to deter me from earning. Guess what, I was able to save 30% more.

Also, disengage yourself from extra expenses. Like club fees, buying irrelevant things like gaming consoles, doing charity, etc.

Contact a Professional

You need a professional to explain how you will go about with buying the car. First off, if you're going to pay in full, you must be smart not to get cheated by the dealership - private or not.

Get accustomed with the processes of applying for a loan and do not ask for loan if your credit history is poor. The reason is that the lending company will charge high interest rate because you are not likely to pay back without defaulting. You will also need your parents or an adult to present their employment history on your behalf before the lender will approve.

Get the Car and Test Drive

Once you've sorted the whole thing, your car should be ready. Make sure to test drive and be sure to find out whether the insurance policy of the dealership covers for the dealership. If it doesn't, apply for temporary insurance online to cover the test drive.

There are a couple more things you like to find out on buying a car as college student. You may follow the link to learn a few more things or settle with this. Please, be very sure that you are ready to purchase and spend before you buy that car while in college.

I hope this helps someone out there

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The most important issue is still finances, if you cannot have financial autonomy while still a student, then if you want to buy a car while you are a student, you need help from relatives.

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I remember the overwhelming feeling when I bought my first car. I was young, didn't understand finances (at all) and almost got stuck with a terrible and older than advertised car. Thank God for a friend who pretty much saved me from it and gave me the same advice. In my area (Concord, California) there are so many used car dealerships and some advertise deals, which almost seem too good to be true. Looking around and finding the right fit is important because you don't know when you'll be in a position to buy another car. I got mine from Calidad Motors in Concord after going through a lot of used car dealerships and it has been working great for me for the past few months. So the same advice applies here: get your finances in order, find professionals and look around before you make your final decision. Also, check for dealership reviews if you go that route! 

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Cars are needed in everyone's life. It is most needed for those who are busy and those who want to get around. If there is a car, a person can easily reach a certain place. He can easily meet everyone. And this is the main advantage of using the car. So the best car should be seen when using the car or when buying a car.

I know about a car which is best car at this new genaration. So Everyone can buy this car. It is very good and fantastic car. The car is new at 2020. It name is Toyota C- HR. This is High Quality Car. See link:https://www.toyota.com/c-hr/
 

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The biggest barrier against me to buy a car is monetary factors. I love sharp, big guys like Benz G63 or Jeep Wrangler. Actually I am only thirsty for the former one. But I could not afford it and own it. So whatever types of car doesn't matter. Recently I am considering about Toyota Altis 2020...   

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