i want ot buy a new car. But have had bad credit in past. i have a score of 670. will gmac finance me at a good rate (say arounf 6%) or what score are they looking for , a lower interst rate? what score do most leanders look for?
2006-11-02 11:35:19 · 6 answers · asked by Anonymous in Business & Finance ➔ Credit
I've seen a couple of my friends purchase cars with their sub 600 fico score. So you should'nt have any problems.
2006-11-02 11:39:00 · answer #1 · answered by Speedy 8 2 · 0⤊ 0⤋
Just pay cash for the car, that way you will not have to worry about your credit getting ruined. Also, you can avoid the monthly bill. Just take the bus for a few months and save up.
2006-11-02 11:45:31 · answer #2 · answered by sandra g 3 · 0⤊ 0⤋
please do no longer forget that maximum plenty that carry a 12 thousand dollar vehicle won't usually carry their very own financing. maximum lenders have a minimum very own loan quantity, and 3000 money is going to be below their minimum. the reason for it is in basic terms that that's in basic terms too costly for them to establish and administer that private loan for the quantity of money they make. If the broker can't come across a lender to do this private loan, you could many times bypass your self to a finance organization for a private loan. pastime would be intense, yet charge practicable on that private loan quantity.
2016-10-03 05:34:26 · answer #3 · answered by cosco 4 · 0⤊ 0⤋
thats a decent credit score GMAC will do that no prob.
2006-11-02 11:36:45 · answer #4 · answered by NOIZE 4 · 1⤊ 0⤋
JUST CALL 1-800-BAR NONE THEY WILL HELP YOU GET A CAR SEE IF THEY CAN BEAT THE COMPANY THAT YOU ALREADY TALKED TO
2006-11-02 11:41:38 · answer #5 · answered by Anonymous · 0⤊ 0⤋
Millionaires do not buy new cars. Why should you?
2006-11-02 11:36:13 · answer #6 · answered by Anonymous · 0⤊ 2⤋