I took 9 cars off the lot brand new. $0 down. ๐
Everybody assumes you need a fat down payment or a big bank account to drive nice cars. You don't. You need the right CREDIT and a strategy โ and that's the part nobody teaches you.
Here's some of what I actually did ๐
๐น I bought them BRAND NEW on purpose. New cars are easier to finance than used โ banks and dealers run special programs on zero-mile units, and the lender has a clean asset backing the loan. That "cheaper" used car often comes with WORSE terms.
๐น I protected my credit while I did it. Different banks pull different credit bureaus. I learned which lender pulls Experian, which pulls Equifax, which pulls TransUnion โ then spread my applications across all three so no single bureau got hammered. A couple of banks even financed 2 cars on one inquiry.
๐น I turned them into ASSETS, not liabilities. I put them on private rental โ at the peak they brought in $25,000โ$30,000 a month. The cars paid for themselves and then some...