Like did you have two jobs? Was it a gift? I know a couple of friends who used their refund from college but I think it's dumb because they have student loans still...
Most Helpful Guy
Parents bought me my first car. Crashed it before they officially gave it to me. Pretty bad too, I rolled over.
But anyhoo about a year later I got a full time job and saved up for it. Wasn't going to school at the time so it didn't take that long. Bought my uncle's '94 Cadillac STS and threw some Ds on that bitch. Went back to school. But then it started having problems left and right so I had to sell it. But because I wasn't responsible with my money, I didn't have much saved up because I went back to working part time. Put school on hold again, got full time hours and sold the caddy for a newer Infiniti.
Basically it's a whole lotta working and saving your money. Unless u have parents or someone to help you financially. I would advice against loans or else you'll be in debt for forever. Especially if u can only work part time because of school. It's a sacrifice I made putting school on hold. But having my own car and not bumming rides or taking public trans was more important to me.1
Most Helpful Girl
I saved money, and also was lucky and had some money from an inheritance. I also went out and got a loan, so my first car was funded through some different avenues. The best thing you can do is try to find something you can afford. It can be exciting to buy a brand new car, but not always financially feasible. I've seen so many people come out of school and buy a brand new car, yet they can't even afford groceries. I bought an older car, but I paid it off in a short amount of time. I recently bought a brand new car, but I can now afford to do that.
Cars really aren't an investment anyway. So I would focus on spending my money on something that can help you in the future. You typically lose money on cars anyway.1