This is the only place where I knew to turn for a question like this. I am a student (if that will make me look better to the loan officers), but I'm fairly certain I have no credit. I took out a secured credit card and have been playing with that for that sole purpose but I am unsure if it's come to fruition yet.
I can close $800/mo confirmed income as I work part time, however I have no expenses as I live at home. I have no co-signer as I am on my own with this one.
I really need a vehicle that is attractive and comfortable (sedan) to transport people in. I want to enter a career and that is pretty much a requirement unfortunately. I'm looking at a specific make and model at $10-11k which I am sure can be brought down to $9-10k with some haggling.
My question is, will I be able to get financing whether through a dealer's connections or through a bank? I was told by someone that I should get approved without a co-signer simply because I have no actual expenses to speak of so that's pure cash (after taxes of course) rolling my way to put towards the loan.
So is there anyway to get this done? And is it likely to get approved? I don't want to go to the dealership and then be told no, that would be as disheartening as it can get for me.
Again, I'm not sure where else I could ask a question like this. If it is inappropriate, please direct me to a site or multiple sites to post this at as it's something I have been researching for a very long time but cannot find existing answers from people in a similar situation.