financing charges and eveything. Do you think they will give it to me then ? The car I'm looking at is a GS300 2000. And my income is enough its just the credit.
2006-12-09 12:35:31 · 10 answers · asked by Dark & Lovely 1 in Cars & Transportation ➔ Insurance & Registration
If you have enough money to buy the car, you should have enough money to clear your credit.
2006-12-09 12:43:17 · answer #1 · answered by Anonymous · 1⤊ 1⤋
Don't know where you live or what kind of car you've found, but I hope you and your parents have had a mechanic look at the car and you've checked the Blue Book or asked your bank for the value. Right now, the economy is so bad people are selling cars cheap. If you haven't checked Craigs List or ebay lately...look around. If your folks have good credit, the car lot will probably go for it...but remember, you have to figure taxes, tags, insurance, and Payments in on owning a car as well as gas, servicing. Unless you are sure you can make the payments, or your parents can if you can't...it would be better to save your money for a little bit and just buy a car outright. If a car is financed, you have to carry collision insurance...even if it's a beater. If you own a cheap car outright, you could just carry liability and comprehensive to cover hail, hitting a deer, tree falling on it...it is a lot less $$$ ? In the end, just ask the dealer what kind of downpayment you'd need. They'll tell you. You might get lower interest if you'd check at the local teachers credit union, too. You don't have to be a teacher to bank there, either. Real low rates right now. Good luck.
2016-05-23 00:00:39 · answer #2 · answered by Gwendolyn 4 · 0⤊ 0⤋
You have a couple of choices. You can clear up your credit and then finance the car. Or you can put 100% down and avoid the financing charges.
2006-12-09 13:47:26 · answer #3 · answered by oklatom 7 · 1⤊ 0⤋
hello.. i know u r looking for a gs300... i work for mazda/kia of el cajon and we also sell used cars.. we actually have a big sale going on, u might wanna check us out.. it shouldnt be a problem if u have money down and make enough income.. special financing is available.. we deal with a lot of banks so im sure we'll get u approved on something.. call 619-442-7050 ask for kriz... we're open mon-fri 9a-8p sat 9a-7p, sun 10a-6p... hope to hear from u.... if u cant get a hold of me, leave a message with the receptionist or email me at kbeltran@mkelcajon.com..
2006-12-09 13:15:35 · answer #4 · answered by Anonymous · 1⤊ 0⤋
If you do not have good credit you will not get approval on financing so You need to either wait until you can pay the total price in cash or find a co-signer
2006-12-09 12:45:02 · answer #5 · answered by Anonymous · 1⤊ 0⤋
If you put half down with the car, just get a cheaper car and don't worry about the financing.
Other loan options: Apply for loans on your own through your local bank or goto http://www.prosper.com.
2006-12-10 16:49:07 · answer #6 · answered by PeppermintandPopcorn 3 · 0⤊ 0⤋
well the first thing is you have to stop trying to get finacing every time you do you bring down your FICA score!!!! the best thing to do now is to save some money and get a used car until you can get your credit back in shape.good luck...
2006-12-09 12:55:03 · answer #7 · answered by the black hand 5 · 1⤊ 0⤋
If car dealerships are turning you down, I suggest not buying a car and saving your money. You must be living beyond your means. Save your money and pay cash for your car.
2006-12-09 12:43:03 · answer #8 · answered by Stu 3 · 1⤊ 0⤋
Maybe you should look for a car that you can pay cash for and save by not having to make monthly payments.
2006-12-09 12:49:22 · answer #9 · answered by jmayer5025 3 · 1⤊ 0⤋
Put enough money down so that they'll allow you to finance it (ask them how much this is).
2006-12-09 13:10:35 · answer #10 · answered by mistahfantastic 2 · 0⤊ 0⤋