Thank you for the replies!
I will not be breaking the law since I have a friend that will be in the car with me when I will be using it, and he has an Irish drivers license for the past 15 years. He has agreed to assist in teaching me how to drive properly, and I do not plan to drive except on weekends for the next 6 months until I can get the full driver license.
P.S : Tti that was one of the questions I had at the test ( or something similar to it
)
As stated in my first post my monthly paycheck ( full time employee, permanent status ) is a little under 3000 euros ( also full life insurance, so if anything happens the bank will still be able to collect on the loan, work in a big tech company, so not worried about loosing my job, or in the event something would happen, not worried about not finding another one ), reason for which I was able to also save money. I want to continue saving money since in 1-2 years I plan to invest in a mortgage for a propriety, reason for which I do not wish to use my savings at this point and reason for which I wish to make some credit history. Taking the loan and clearing it will also help with the credit history part as I do not have any credit history. Now due to the mortgage law coming in 2015, a deposit for a decent house in Dublin will be pretty high ( around 20% of the value I believe ) so even saving for 1 year 1000/month euros would still not cover it ( this is to take into consideration the rapid increase in prices on the Irish market ), so having next years savings and this years saving, plus another year ( or maybe half a year ), would cover that.
I have discussed with a person in AIB ( walked into a branch ) and I was told that I seem to be a perfect candidate for a loan, and that if I apply with them there shouldn't be anything to worry about. I declined to apply then since I was looking only for information, and wanted to ask around more experienced people on forums about what bank to choose. The interest rates seem to be quite similar, so I think that a deal breaker would be the banks customer service, as no deal seems to be better than another, financially wise. I haven't worked that much with Irish banks, so was curious what bank to go with, and to be honest, I was curious on your input if Irish banks do give out loans or is it still a recession from a banking perspective.
I do not wish to go through a dealer since the car I am thinking about would be a cheap ( under 1500 - 2000 euros ) car, and the rest would go towards insurance ( for a learner, the quotes I got were pretty big ). I said 4000, but it may be 5000 ( still thinking about it .. anyway no more than 5000, because I wouldn't need that much ).