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Best way to get a $5000 loan to buy a car? - Yahoo! Answers

I was looking to buy a car off a co worker for $5000.

My credit score is in the 500 range.

I make good money and i have been working this job since 2006.

I have been told to look in to instant loans and a personal loan but i didnt know what to look for.

I never had one b4 and i want to do this cause i can afford it and id like to improve my credit score

With a credit score in the 500 range, you will NOT be able to borrow to buy a car from a co-worker. Well, maybe if you had $4000 down the title loan place would give you $1000. Get a cosigner with good credit, go to a buy here pay here dealer or, the best option, save up cash and pay with cash.

Financed cars is more expensive to insurance cause it requires full coverage.

You can compare how much you would pay for full coverage of this car using this tool - carinsurance.yoll.net

Discussion Title: Best way to get a $5000 loan to buy a car?
Title Keywords: Best  $5000  loan  car?  Yahoo!  Answers