How soon after bankruptcy ? How much trouble was it ? bad rate on purchase ? Lease ?
Thanks in advance.
2007-03-20 03:27:43 · 3 answers · asked by WUDDALIFE 2 in Cars & Transportation ➔ Buying & Selling
You can get a loan for a purchase but you will be at a rate of about 14%+. That's if they will even qualify you on your own. In most cases you will need a co-signer but with the right amount down that doesn't matter. There is no way any bank will qualify you for a lease. Leases require credit scores of at least 680's but normally 730's or higher.
I currently manage a dealership.
2007-03-21 10:51:57 · answer #1 · answered by Jeremy P 3 · 0⤊ 0⤋
i had a bk in 05. i tried to get a car in august 06 and i needed a strong co-signer and my note would have been 330 something a month for an 05 pontiac. anywhoo when i got to the dealer i was made the co-signer and my guy was the primary owner bringing my payments down to 260 a month to purchase the car. it saved me alot of money and i am gratefull but now he wants me to try and get it solely in my name. i admit its harder and you will pay more for your past but to have a car is one of the best privilages in the world.
2007-03-20 12:11:46 · answer #2 · answered by MiaDiva28 6 · 0⤊ 0⤋
pay cash.
2007-03-20 03:30:16 · answer #3 · answered by Anonymous · 0⤊ 1⤋