<prompt> Human: So, this is a question about an auto loan for personal desire rather than one of need of transport, reliability or so forth. Safe to assume that i have my housing taken care of for the time being. This isnt in any jeopardy of destroying my financial situation and upheaving my life to homelessness and a pit i cant crawl out of. These questions are so i can have an idea of how to approach this. Im 21 for a perspective of credit history and have done the numbers on the monthly payments for this, both loan and insirance, i can afford it within my current means of living. Due to a recent series of issues, i have had to run my one and only credit card up to near its limit. I can easily pay it off in the coming months, however, this has put my credit in the mid sixes young credit history and high balance meaning my bank wont let me get a loan from them till the score is in better standing. The vehicle i wish to purchase is a bit below 10k and from a private owner older than 25 years so it is considered a classic car. Given this is not a question about financial prospects of the vehicle or whether this is a smart move, im asking for advice on going about a decision i have made my mind on and considered the repercussions. What could my best course of action be, given that the vehicle itself is not liable to stay on the market for a long time due to its desirability?  <response>: Being able to afford monthly payments is a lot different than being able to truly afford a purchase, which most financially responsible people would define as paying with cash or some other trade.As to your question, its more difficult to borrow money from banks or credit unions for older vehicles. They often have a limit on how old a used car purchase can be, such as 10 years.If you need to borrow money, I believe there are companies that specialize in these types of loans. Dont expect a rate anywhere near that of a new vehicle however.I suppose you could offer the seller payment installments spread out over 12 months or something. Dont expect that to go well though. Ultimately, i just want to reiterate that it doesnt sound like you can actually afford the car. 