Would it be possible to buy a car while training?
- Let's assume 800-1000€ net in nh training
- And the car costs 40k to 60k
- 15k down payment?
- Parents help with insurance
Do you think one could afford a car like that?
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You don't need to worry about that yet: training allowances and mini-job wages unfortunately don't count as salary payments for financing purposes. Furthermore, the training allowance is temporary!
You need your last three pay slips for financing, and you can only present these to the lender after you have been employed for at least three months… :-((
Even if this could be financed with help from parents (loan, guarantee, etc.), it would be an extremely stupid idea.
Relatively high debts at a young age, which are also related to a car (which is losing value dramatically) and when you hardly earn any money – not smart.
It's better to save your money and buy a cheap car if necessary.
This is nonsense!
Buy something that you can afford both to purchase and to maintain.
So an affordable small or compact car
No, you can't afford a 40-60k car with that.
Buy a vehicle that is within your financial range, if you have 15k, then look for a vehicle in the range of €10,000
If you are a co-debtor in the loan agreement and also pay part of the installments – yes
definitely not
It really depends on the car. What do you have in mind?
Audi Q3 Sportback
It doesn't have to be one for 40-60k right away. How long will the loan be paid off? Three more cars later? I don't think the loan would be approved.
Hi, only if your parents guarantee it. You won't get a loan, installment plan, lease, or anything similar with training compensation.
If they are sensitive, they won't do it.
As a trainee and beginner, a car for 40-60 000 and 50 000 debts *shakes head*
Why would anyone without a mental disability do that? You'll probably ruin yourself financially for a really long time. Anyone who takes out a loan for a car is either poor and stupid in dire straits, or rich and can earn more with the money than the interest on the loan is high. Invest your money in something useful. With 15,000 you can finance a 100,000 property, which is already significantly more worthwhile than a car. If you do something like that, you'll easily be able to afford the car in a few years.
Sounds like financing, and financing requires financial foundations, which you don't have with an education.
No. First of all, the purchase is FAR beyond your means, and then there's the maintenance.
No. Why do you need a car like that? To flex? Don't you have anything else to offer?
You don't have a chance at all with a bank.