At 18 you would have hard time getting regular loan. Leasing is out by far if paid lease in full that day. Easier to buy home. Why would you spend 850.00 a momth including maintenance with no credit? I past due loan payment will put your credit in trash for 7 years as some have gone down 50-100 points in beacon.
If you had 5 years perfect credit (750), no high balances on credit cards or open loans, high credit from mortage or previous carloan, good debt ratio, good income like 40,000 plus and stedy job history would be approx with 3000.00 down and 500+ for 3 years. then full coverage with 100/300,000 comp insurance.
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