<prompt> Human: Im purchasing a car for the first time and having to get a loan as well. This is all new to me and I have no idea what to look for in a used car and loans. My dad told me to get a signature loan from the credit union we use. Any help?  <response>: Since your post has no information to go on, I offer this advice: Save up a few thousand and buy yourself a used economy car outright. Think in terms of early to mid 2000s Toyota Corolla or Honda Civic. Nothing fancy, everything standard.Benefits: No loan repayments Own outright Low car insurance Great fuel economyThen in the mean time, you can work on building your credit see FAQ and saving for a better car after your current car dies. At least down the road if you choose to finance your next car, you will have stronger credit which will allow you to get the best APR loans. I still advocate buying used, outright over financing any day. 