Honestly, unless you have REALLY good credit, you are better off getting your parents to take out a small loan (they will get a better interest rate), then you pay them back. I would also recommend that you put as much down as possible - every penny you can - for the downpayment. The more you can pay off at the start, the less interest you will end up paying at the end. If you are going to get a loan yourself, the downpayment recommendation is still valid, but read the fine print carefully. Shop around and look for the absolute best rate. Also, find out how much you can afford to put down initially, then you only need to take out a loan for the remainder. Some companies have fine print that says things like 'miss one payment and your interest rate may be changed' or 'repossession may be used for more than 2 missed payments'. I'm not saying you'll miss payments, but know what you are getting yourself into before signing on the dotted line. The loan companies don't get rich by being nice - they take every penny they can from you. Keep your wits up, max out that downpayment (even if it means KD for a month) and look for the best rate. I can't recommend an exact company because I don't know which country you live in. Hope this helps, Good luck