I would like to buy a eclipse for $6500 and currently only have $2000 in cash. I would like to be able to build some credit and could easily pay the car off in under 6 months. The main thing is that I don’t want to have to have comprehensive insurance on my vehicle while its on the loan cause the price of my insurance will go up $250 making outrageous in my mind. All help welcome thanks!
Then save up 6500 and purchase the car out right.
No lender is going to finance a car with out requiring "full coverage" (collision and comprehensive) coverage on it.
Comments
Then save up 6500 and purchase the car out right.
No lender is going to finance a car with out requiring "full coverage" (collision and comprehensive) coverage on it.
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Insurance Adjuster
Lenders will require it to protect their interest. Sorry, that’s life.
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Just remember how "outrageous" that $250 seemed when you total your new Eclipse and are out $6500.
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