I also don't have a down payment saved up because I wasn't expecting to have to buy a car, I can't get approved for a loan because I don't make enough a month, and I just switched to a new, better paying job about a month and a half ago. I am totally screwed. I have to have a car by the end of Sept.
2006-09-12 07:29:03 · 9 answers · asked by rubysgirl05 1 in Business & Finance ➔ Personal Finance
buy a used car.
2006-09-12 07:30:51 · answer #1 · answered by lifeloom 2 · 0⤊ 0⤋
Hello,
You can always go to a buy here, pay here car lot. They don't run your credit and they usually work with you. The only thing is the charge a lot more interest rates than any other car lots would that run your credit. And another thing, when you do get a down payment, go to a real car lot and then you can take that car back to the buy here, pay here place. Usually their cars are junk and the best thing about that is, the car won't go on your credit report because they don't run your credit. (well, at least the one I went to). Good luck you will get a car, soon. Then again, try a real car lot, someone is out there willing to work with you. Talk to a car salesman they can work something out with you. Some will do anything and bend over backwards just to get your business and their commission. Good luck again, and GOD Bless!
2006-09-12 07:35:42 · answer #2 · answered by Love 2 · 0⤊ 0⤋
Yes you'll need to go buy-here/pay-here. Look for a JD Byrider or DriveTime in your area. Also look for as short of term as possible. Also ask if they report to the credit agencies as if they do, this can help you establish credit so you can get a nicer car in a relatively shorter period of time. Manage your credit by paying down credit card debt and put aside a set amount each month that you would be paying for the car you wanted (Say a $200/monthly payment). After a year of doing this, this will give you a $2400 down payment and you'll be able to move into a nicer car. Try to do a 1-year agreement at a buy-here/pay-here with nothing down and then you'll be set to move up in 12 months.
2006-09-12 09:14:56 · answer #3 · answered by Cameron J 1 · 0⤊ 0⤋
I was in that same predicament. I could not get a car without a co-signer either. I was turned down by at least 15 banks/credit companies including my own credit union. I ended up going to one of those "Buy Here/Pay Here" car places. I had to use my credit card for the down payment, however. See if there is one of those car places in your area, they don't even use credit checks. I ended up with a 2000 Cavalier, so I'm pretty happy. (Better than my crappy 11-year old Escort with a bad engine!)
2006-09-12 07:37:37 · answer #4 · answered by stuckinamoment 3 · 0⤊ 0⤋
We have over 80 Little-known Banks & Companies that offer Bad Credit Loans, Bad Credit Home Loans, Bad Credit Auto Loans, and Bad Credit Personal loans to people with Bad Credit or even a Bankruptcy. Many require absolutely NO COLLATERAL & NO CO-SIGNERS. Home ownership is not required
that is text from http://www.wesayes.com
2006-09-12 08:36:31 · answer #5 · answered by Anonymous · 3⤊ 1⤋
Try your local bank or credit union. This must be a small institution where you can speak directly to a decision maker. If you can't do that, or if you're unsuccessful, the "Buy Here Pay Here" route is your next best option. Try DriveTime.
Good luck!
2006-09-12 08:33:03 · answer #6 · answered by Adios 5 · 0⤊ 0⤋
1
2017-02-09 08:03:17 · answer #7 · answered by ? 4 · 0⤊ 0⤋
Find you a good used car from a private party, That is the only way you will get a car. Look through the pappers and adds in store bullitan boards. GOOD LUCK.
2006-09-20 07:14:05 · answer #8 · answered by mswildman2005 2 · 0⤊ 0⤋
slim-jim
2006-09-20 05:39:00 · answer #9 · answered by Anonymous · 1⤊ 0⤋