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March 31, 2011 8:57 AM Subscribe
How to get some wheels & get outta this town?
posted by distressingly thick sheets to Work & Money (11 answers total) 1 user marked this as a favorite
I have $1000 cash and $4000 credit limit with no balance. I have zero debt. I have no car. I have no job and no prospects of finding a job in the place where I am now.
I need to move. The obvious choice is 6 hours away, "back home" around where I grew up where things seem more favorable to my chosen field than where I am now, and where I know people, have contacts, etc. I'd most likely need a car to move, and to get around once I moved.
I don't think I really want a $1000 car, and I know I don't want to max out my credit card yet again. Is extracting $1000 - $2000 from my credit card in the form of cash advances a workable idea in order to get a $2000-$3000 used car? Or should I buy the best ~$1000 clunker I can find and hope it'll get me where I need to go for a bit?
If I had a job I think I could handle a sub-$200/mo payment (for a $5k car loan) but I am pretty sure it's very hard to get a fair car loan without a job, right?
Any help appreciated. I know virtually nothing of finance and credit beyond what I've typed here. I'm probably ignorant of much so if you know something I've missed, please share.