<prompt> Human: A little background: I get paid minimum wage, but its a job that gets me enough tips within only 2 weeks to pay for my whole months rent. about 700 Ive been living comfortably, going to school full time while working nights, and still have money leftover to save. Now, Ive saved quite a lot of money, around 4500 in my bank right now. I plan to buy the car next year in February hopefully, when, after doing some calculations, Ill have anywhere from 7000-8000 saved up. I did some research and it seems if I dont have any credit, that means I just need a bigger down payment to get approved for a car loan? About what percent are car dealers looking for if one has no credit? I heard 20 is the STARTING point for no credit buyers?I dont mind having a monthly bill of around 400-600 for the 60 or 72 months, as I can pay that easily while still living comfortably. My concern is how much I should expect to pay out the door. Any other advice about not getting ripped off, negotiating, etc. is very welcome as well! Thanks, reddit!  <response>: You should NOT be buying a 40k car working minimum wage. Is this a joke?So you make 1400month, 17000year. A reasonable car is 13rd of your annual salary, topping out at 6k. 