Private seller and car payments??

Question

I'm 18 and looking to buy my first car. I found one in the paper for 1200/obo. The only thing is I dont have all the money to put down on it. I only have like $300.00. Do you think a car this cheap they would make some kind of arrangable payment plan? like 100$ a week until the car is paid off? what do you think?

does anyone do this?/

Answer 1

hiiiiiiii

i think u should,nt full payment, two or three installment

Answer 2

They may be willing to do this. There are 2 options:

1. They keep the car and you pay until is is paid off

2. They keep a lien on the car and can come repossess it if you are late or miss a payment.

I would bring these 2 options up to the seller and see if they would be willing to do with of these things for you.

It never hurts to ask, right?

Answer 3

Nobody is going to do this.

If you want a car you have two options. Pay in full with cash or Get a loan from a bank.