Buying A Car
Instead of buying a (for ex.) 3,500 car and
only having to pay $40 per month for a long
time, would I just be able to offer a down
payment of $1,000 and then pay like $600 a
month so I could pay it off quickly? I'm in
desperate need of a good car and I'm
moving within the next 6 months.
All depends if it is private party purchase. The seller has the pink and the ball is in their court. If you came to me and said desperate need and moving, I would ask for $3300 down to buy the car and then $10 per month and then I would notarize the document. You don't pay, I get my car back and keep the 3300. If a dealer doesn't care to repo then the seller of a private party purchase would get their car back as well.. no matter how they want it. Once the BOS is signed off move the next day. I've been fortunate to pay cash for all 8 rides. I wish you well.
Of course you can pay off the loan early. You have to work out the payment options and details with the seller and lender. Cargurus is a listing site, so it all depends on if you buy a car from a dealer or private seller. The payment options shown on this site are examples.