How To Get A Car With A Part-Time Job

A part-time job can be the best option if you want to pursue other interests like education while working. It allows you to reach your life goals as you pay for your daily expenses. But there comes a big problem with payments since some companies provide very little compensation to part-time employees.

While that’s the case, owning a car as a part-time worker is possible. Some companies have business cars, but you’ll barely benefit from them as a part-time worker. And since working part-time may require routine travel, owning your car may enhance your punctuality and flexibility. Besides, a motor vehicle enables you to be in your own space.

If you want to buy a car as a part-time worker, here are important tips to help you sail through.

  1. Save Money For The Purchase

As noted earlier, some companies offer part-time workers very low compensation. Therefore, buying a car with a single salary might not be possible. Plus, in some cases, part-timer employees work on a seasonal basis. This makes it almost impossible for them to purchase cars. However, one can establish a saving scheme for their dream motor vehicle.

To succeed in saving for a car purchase, you need to set a target.  For that reason, you need to determine the price of the car and how much you need to save monthly. You must also remember that your car will have an additional fee, like insurance coverage and fuel money. So, you need to factor in those when setting a saving target.

  1. Get Preapproved For A Loan

If you urgently need a car, a savings scheme might not be ideal since it might take you too long to get enough money. In such a case, consider getting preapproved for a loan. This involves borrowing money from financial lending institutions. And the best thing about this method is that you sometimes can apply for car loan online and have it at your disposal within 72 hours.

You’ll return the borrowed money plus interest within the agreed period. But before you apply for a preapproved loan, there are some important factors to consider. For instance, you must determine the amount of money you qualify for. Your application will likely get rejected if you request more than what you qualify for.

Besides, ensure you apply for the amount you need and what you can easily repay with your income. That way, you’ll find it easier to clear your loan, so you won’t have any issues with your lending institution.

Moreover, before you begin the process, ensure your credit score is good. A poor credit score may affect you in many ways. For one, no lending institution will prove your loan if your credit score is very low. And those that do so will lend you very little money at a high-interest rate. A good credit score starts you out on the right foot in qualifying for a loan to purchase a car.

  1. Consider Hire Purchase To Finance Your Car

Hire purchase is another great way to finance a car as a part-time worker. It works just like the loan application with a minor difference. In this case, you’re dealing with a car dealer and not the financial lending institutions. You must pay a deposit of a certain percentage and then make fixed monthly installments for an agreed period.

One thing you need to know about the hire purchase option is that you don’t own the car until you make the last payment. In other words, all ownership will remain with the seller until you complete paying for the car. And if you fail to make monthly installments, you could lose the vehicle.

  1. Compare Prices From Multiple Sellers

One of the best ways to ensure you get the best deal on the market is to compare prices. That’s important since multiple dealerships may have similar car models, but their prices may differ significantly. If you settle on the first seller you meet, you may end up paying more than the real market value of the car.

You can compare prices by asking the various dealers to send their quotes through email. You can also utilize a specific type of software that allows you to request quotes from the sellers quickly. After making the comparison, ensure you choose someone who offers the best value for your money.


Having a car is ideal when going to work. It enhances your flexibility and convenience and also ensures you maintain your privacy. However, owning a car as a part-timer can be challenging because of the low compensation. But with the tips in this article, you can make buying a car possible for you.


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