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I’m looking to take out a student car loan, I’m 18 years old, and I’m a senior in high school.

I’ve been looking into the details on these kinds of loans, but I have one more question for somebody who’s got experience in this….

My question is:
When do you actually start to make payments to pay back the loan? Is it after you graduate? Or just instantly? And do you need a down payment?

I’m pretty new to the process, so if someone has kind of an overview experience, that’d be awesome.

Thanks in advance : )


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