Phoenix Used Car Finance

Question: does anyone know how much i may pay monthly for an m3? im 16 ?
already got " "ed 340! per month.. haha why so expensive? i live in phoenix az and wondering why on the e46 fanatics forums almost EVERYONE under 25 insurance was under 200, and i dont want any supid answers like you cant afford it. used 2001 m3 can be financed, and can be payed with a job, uncle owns a car shop so maintainence is taken care of, and insurance can be taken care of by my mom..... if it is UNDER 300 :[[
does anyone know why we were quoted so expensive? we would be insuring two cars too..
thanks :]]
wow not much help there little girl, OF COURSE I CANT Finance A Car BY MYSELF. what were you thinking? common sence, my mom will. i can put 10k down. i just have to be the one to pay the rest monthly.
but still.. i dont understand why people that are 16-24 have insurance under 200.
but thanks guys for helping
Answer: Zero per month.
Contracts are not legally enforceable on minors, so nobody is going to allow you to finance the car. If you change your mind with one payment to go, you can bring the car back to the seller, and they have to give you ALL your money back.
When you are 18, you can enter into a contract. Then, the monthly payment will depend on how much the car is, how long you are financing it for, the amount of down payment you are putting, and what the APR is. You provided none of this information.
Well if you already know everything at 16 years old, why bother asking a question???
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