If I want to buy a car for $ 1,500, and put 7 or 8 hundred down, would a used car lot let me pay off the rest?

Question

I'm just looking for a car to last me through next year, and realize something under $1,000 might be junk-is it possible at some used car lots to put down that much and make payments on the rest? I'm just curious, it's been years since I've bought a used car really cheap

Answer 1

You need to ask the dealer that, really, not Y!A.

I used to work in a motorbike shop that would allow people to do stuff like that, as long as they made a pretty good down payment and could pay some money each week.

I know I bought a car from a dealer for $10,500 and gave him $8500 and he let me take the car, because he was tinting the windows and fitting new tires when I paid the balance, but he also knew me through racing.

Short answer is some dealers will, some wont. When the time comes, ask them and see how they react.

Answer 2

If you're going to buy a car for $1,500, you should just pay cash. The interest isn't worth it.

Answer 3

maybe a small mom and pop car shop. Otherwise NO.