This is especially true for many teenagers or college graduates who are eager to buy that first car, but lack the necessary funds. What to do?
This is a common problem for lots of folks buying their first car. It can be solved in a number of ways.
There are essentially four ways to get money for a car:
- Save the money
- Be gifted the money
- Borrow the money
- Earn the money
Let’s take a closer look at each of these ways: