Sure, but I doubt that the car would be worth as much. The car would have to be bought with a significant loan that could be very expensive. So, the answer to the question could be ‘yes, but in a small number of cases’ or ‘yes, but most cars would not be worth your fafsa money’. This suggests a situation in which there are two possibilities. A car with fafsa money can be bought with a small loan, but it is not worth the fafsa money. It is not worth all that much anyway.
Is there a way I can do an initial deposit without using my fafsa money?
It might be possible (but quite expensive) for you to deposit the funds you would like to purchase with your fafsa money, and then sell the car, as long as you obtain an acceptable price for it, and before the car goes to auction. This would only be possible with car companies that have a special relationship with your local bank – if you have not applied to a bank before, they will not be able to open a account with them for you. If you have applied for a bank account and they are not interested, then simply contact your bank to make another request.
However, the cost for this method would be likely to be greater than you are expecting – in case the car is an older model, or for example, if it was a used car that you never got a new licence for.
The alternative method would be for you to find an authorised dealer and buy the car from them. The same rules about credit card use apply, and you can only get one car at a single time (or a limited number of other cars if you’re looking for a private sale). Some car manufacturers have a special deal with authorised dealer for getting your car on the road in a limited period.
The Supreme Court, which had asked the Centre to review the controversial Land Acquisition Act, 2005, has said as far as the ordinance is concerned, a court decision is not binding.
The court said it would look into the issue of the Centre’s approval of an ordinance, which could have allowed mining rights of the tribal people of Bastar, to be sold off to private businessmen. As far as the Centre’s decision to include the tribal people of the state as victims of illegal mining in the new mining ordinance, the court made no comments.
On the question of whether the tribal people of Bastar were harmed, the court said
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