2007-01-12 12:08:13 · 18 answers · asked by jef v 1 in Business & Finance ➔ Credit
Probably. Is your credit score low due to a Repo? If you have a repo, then probably no. Have you ever made payments on a car? If you made regular car payments in the past but your credit is low for other reasons, then it probably will be fine. You have to go to one of those "We Finance Anyone" people. And get ready to pay a really high interest rate.
2007-01-12 12:16:15 · answer #1 · answered by Tumbling Dice 5 · 1⤊ 0⤋
Yes. Go to a "B-lot", one of those car lots that only sell used cars. Some self-finance and most use sub-prime lenders. The trade-off is a higher interest rate but don't worry about that, with a 549 just be happy to afford the payment.
2007-01-12 12:13:43 · answer #2 · answered by Scott I 2 · 0⤊ 0⤋
Yes, a used car dealership would be very willing to sell you a car (like at a buy here, pay here place). But the interest rate would be extremely high. You'd be paying like $600 a month for a 10 year old ford escort.
2007-01-12 12:11:32 · answer #3 · answered by ? 3 · 0⤊ 0⤋
With a large down payment (40%) and a high interest rate, yes. And it would be a good way to rebuild your credit.
2007-01-12 12:11:45 · answer #4 · answered by John L 5 · 1⤊ 0⤋
I would go to a new car dealership. And discuss your problem with them they seem to have ways to sell most any one a car.
Cars are the easiest product to buy if there is a credit problem.
2007-01-12 12:38:21 · answer #5 · answered by EL-BRAY 3 · 0⤊ 0⤋
I did!!.... I bought a 2001 lifted dodge dakota club cab with a one thousand down. my payments are pretty low just under 250 a month for less than three years......My interest is pretty high though!! you just have to shop around... Good luck!!!
2007-01-12 12:11:45 · answer #6 · answered by ☠Naz☠ 6 · 2⤊ 0⤋
If you go to the right places you can, but you will be paying crazy interest rates and probably high payments.
2007-01-12 12:10:11 · answer #7 · answered by Anonymous · 0⤊ 0⤋
yes. but you'll probably pay through the nose in interest...i would recommend improving your score first, especially if considering a new car...
2007-01-12 12:10:45 · answer #8 · answered by Anonymous · 0⤊ 1⤋
Yes you can. It won't have the best interest rate, but yes indeed you can.
2007-01-12 12:47:41 · answer #9 · answered by cyanne2ak 7 · 0⤊ 0⤋
Only is the car costs under $500 dollars. I've got two words that might help. Co-signer
2007-01-12 12:10:40 · answer #10 · answered by luker 3 · 0⤊ 4⤋