It is not possible for a college kid to have a good credit score. As they have just started their life, so they are not aware, the glitches they are going to face soon. We know building good credit score is tough and in the beginning of their career if they take a loan and failed to make payments on time, then the negative credit remarks can lower their future financial status.
Hence, though they might dream of buying a new car to solve the problem of commuting to college, but guide them and ask them to buy a used car as their first commuting friend.
Yes, online used ca quotes comes with some reliable used car options which you can choose as your first car. This enables you to take a wise decision as it saves a lot of money. However, you have to walk to the loan lending companies with your kids as a cosigner to have a loan. However, if they buy a used car the loan, rates and terms will automatically lower, compared to a new car loan.
Used cars of today is not much old they generally have an age of three to five years. Often these cars have manufacturer warranty that makes your car carry assured benefits. So, make your kids walk on the path of wise decision buying a used car.
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