I need a car, but have horrible credit due Repo, any Dealers that would give me a second chance in Chicago!?

Question

I have horrible credit, I had clinical depresion for about 2 year, I was in medications and now I am med free and have a good job, but I get paid cash. I need to buy a car, but I have bad credit due to non payment on several accounts. I am making arrangements to pay them off and hope to rebuild my credit and my life once again. I need to get a car for the winter. Any car dealerships in the chicagoland area that would give me a second change with my credit conditons. I can give about $1,000 downpayment. Please help me.

Answer 1

First, glad to hear about your recovery. I don't know about Chicago, but where I am from, Anchorage, Alaska, I see advertisements all of the time about financing cars from dealerships. They claim they don't use your past bad credit. However, if you miss a payment by just one day they have the legal right to repo your car, that's just part of doing business with them, they are taking a chance on you because of bad credit, but they won't allow you to get behind. I assume its a good money making business for them, because a lot of people do get behind and they are able to not only get your car payment for a couple months but also the car back. I hope I explained this well enough for you to understand. Good Luck getting a car, but don'tmiss a payment!!

Answer 2

You may have some luck at what is called a buy here, pay here type of place. You will pay through the nose, but they may help you. Another option would be to get a co-signer. Especially one who has good credit or a good record of paying a car loan. If you were to have $1000 for a down payment, I don't think you are going to get a car that sells for more than $3,000 - $4000.

Answer 3

Just buy a car for $1000. Sheez.

Answer 4

go to a buy-here-pay-here lot. sometimes called rent-to-own car dealers

Answer 5

you should try refinancing