I have no credit and wen I apply for credit cards i get shot down. I am a fireman and i dont have a problem making payments.
2006-09-11 04:45:50 · 12 answers · asked by Some one 1 in Cars & Transportation ➔ Buying & Selling
pay cash!!!
2006-09-11 05:19:38 · answer #1 · answered by me too 6 · 0⤊ 0⤋
In my opinion, most people should buy a somewhat older, if not much older vehicle and pay cash if at all possible. We've fallen into the credit mentality and that is one of the major reasons cars are so high. People have started to regard them as being like a house and they expect to make payments, but it's not like a house at all and will depreciate.
Yes, great advice above about buying one from an individual. Do some research and actually make money by buying one at a bargain price. You could then drive it or possibly sell it at a profit after you've driven it for a while.
2006-09-11 11:52:26 · answer #2 · answered by Anonymous · 0⤊ 0⤋
well how long have you been a fireman and have you abused your credit { we all have credit some people have excellent and others have had challenges}
the credit union or where you bank are good places to go to get a loan
the more you pay down on the vehicle the less interest you pay
if you were in California a law went into effect in July 2006 that requires dealers who run your credit to show you your score
2006-09-11 13:34:58 · answer #3 · answered by jimbo_456 1 · 0⤊ 0⤋
Cash
2006-09-11 11:51:10 · answer #4 · answered by Girl Interrupted 2 · 0⤊ 0⤋
With no credit history, it will be very difficult. You may have to suck it up and deal with the interest for your first purchase. Once you have established some credit and have no bad items on it, you will be more likely to save money on your next purchase.
2006-09-11 11:48:15 · answer #5 · answered by Blunt Honesty 7 · 0⤊ 0⤋
Buy cash its the best way you alway will lose on finance "deals". Also buy privatly alot cheaper than going to a dealer but it is riskier less comeback if the car is faulty.
Hope this helps
Vampire
2006-09-11 12:00:16 · answer #6 · answered by the_angel_and_the_vampire 3 · 0⤊ 0⤋
Does the city you work for have a credit union for its' employees? They may be able to give you a loan. If not, they can explain why not, and what you can do about it.
2006-09-11 11:51:36 · answer #7 · answered by Bob 7 · 0⤊ 0⤋
CASH !!! save the money and save the interest is a mantra to live by
2006-09-11 11:47:43 · answer #8 · answered by Anonymous · 0⤊ 0⤋
The best way would be to pay cash.
2006-09-11 11:48:23 · answer #9 · answered by Rudy 3 · 0⤊ 0⤋
Cash! Noe money noe honey!
2006-09-11 11:47:49 · answer #10 · answered by NONAME 3 · 0⤊ 0⤋
buy one used from an individual instead of a dealer
2006-09-11 11:50:50 · answer #11 · answered by Mark D 3 · 0⤊ 0⤋