Thanks for reply. It wouldn’t be a lot just enough for a 5k vehicle or less. He made it sound like I’d be selling at the high point when I first invested but I guess that really means I’d be selling at the low point now. And even if I pay it back it’s be rebought at a higher price depending on the market. I just need a car to get better job opportunities and go to college that’s an hour or so away. So figured giving up a future investment would be worth it if I can get a better education or better paying job in the long run

I just feel stuck. I waited until I got sober to try to get a car. But even though it’s been ten years since my DUI I’m still stuck getting an interlock. What am I to do? All cars I bought cash so I’m still a first car owner so even with going to my bank or credit union the car can’t be older than five years. So I can’t afford that. But I can’t afford that much in cash since I’m pay check to paycheck. Can I get a personal loan? The car dealerships want a four year loan minimum at 6.9%. I guess I should just suck it up and pay crazy interest? I can afford the interlock and the high insurance with the job just not the bulk payment for a car. I know borrowing from 401k is bad but if I don’t have a car I can’t continue my education or look for a new job or opportunity. I get not selling out my retirement but I can’t do anything without a vehicle to make my life better.

I can afford the insurance, interlock and monthly check costs for the interlock. I just need the bulk cost of the car without being stuck in a 4 year loan. I just can’t find a place that’s willing to take outside financing and trying to stick me with a 4-5 year loan at 6-7%

That’s the problem I’m facing. It’s been ten years since I’ve driven (I waited until I got sober didn’t want to get locked down or jail time) and the only way I can get a better job is to get a car and get the interlock Otherwise I’m stuck picking a job that’s within walking distance. Yes I can afford the installation and the monthly as I have a job I just need to get the car under my belt. Figured if I had a zero percent interest I could use my card and pay it off monthly. Because the dealership I went to has a minimum of 48 month loan at 6.9%. So I didn’t know if a 401k loan would work or a personal loan I could use? I tried going to my bank and credit union but the car couldn’t be older than five years. So what would you recommend to get a car loan for an older car? I can’t make more money without going to college or taking a different job and I can’t do any of that without a car as furthering my education the college is 45 min away

I believe that’s more interesting!

Mmm... sludge... Mmm... filth! Aah!.. fumes... Oooh.. cack! Oil and grime... poison sludge Diesel clouds and noxious muck' Slime beneath me... slime up above' Ooh, you'll love my (ah-ah-ah) toxic love

Toxic love

Ferngully? Anyone? I’m old