I'm from Arizona and I will be 18 in 4 months. I make about $1,200 a month from my job. I have $600 in my bank account and I don't plan to spend any of it until I'm 18.
I'm looking to get a brand new Jeep Wrangler Rubicon that costs about $43,000. The down payment is 10% (about $5,000) with an APR of 4.28%. The duration is 60 months with a monthly payment of $800.
I don't have any credit. My friend suggested that I ask my parents to put my name on one of their credit cards so that I can build some credit. I'm not sure how that works. Can someone suggest a good way of going about this so I can get this car on or around my birthday?
My mom does finance work for a big company and she told me that I should get a cheaper car. I really want this one and I'm willing to work for it. I'm getting a second job to get more money rolling in. My mom said that the only way that this would work is if I have a down payment of $15-20k. She also said that not everyone qualifies for a car like this one. What can get me to qualify ASAP when I turn 18?