<prompt> Human: Im 18, just graduated highschool, and am going off to college this August. Ive found a good car for 2,000 but after I put tags and insurance on it I figure itll be about 2,400.I had 1,800 saved up and my mom said she would foot the last 600 but unforeseen bills came up and now I only have 800 saved up for a car. Im not going to ask my mom to now pay for 23 of the car.So would it be wise to take out a loan with my bank and pay it off over the summer? The reason Im rationalizing the loan is because the car is in great condition it was just owned by a mechanic my mom knows well and he only wants 2,000 for it.Edit: Thanks for all the responses the general consensus was to just wait which sounds very reasonable. I dont have any credit so I would end up paying a ton in interest.  <response>: How much will your insurance cost? What sort of income will you have? Banks arent eager to make small loans to people with no credit and limited income. 