I would like to buy a eclipse for $6500 and currently only have $2000 in cash. I would like to be able to build some credit and could easily pay the car off in under 6 months. The main thing is that I don’t want to have to have comprehensive insurance on my vehicle while its on the loan cause the price of my insurance will go up $250 making outrageous in my mind. All help welcome thanks!

If i file bankruptcy, can i still rebuild my credit without a car loan? I want to purchase a paid off car and get liability insurance. I still have a student loan and 2 credit cards, i’m planning to keep them to rebuild my credit. Will these get me to 700s after 2-3 years of paying on time?