2007-04-18 21:46:59 · 5 answers · asked by Anonymous in Cars & Transportation ➔ Buying & Selling
There are many places that will finance you, however the question is would you want to. It is much easier to pay cash for a used car and pay yourself the payments until you can buy a better car. Example: buy a car for $500 dollars and drive it for few months. Save the average car payment of $384 for those months. Sell the car for $500 and buy a little bit nicer car. I have done this my whole life and I keep a $10000 dollar car in the drive way that's paid for.
2007-04-19 05:43:55 · answer #1 · answered by Erik Paul 1 · 0⤊ 0⤋
About the only thing you can do is go to a buy-here-pay-here used car lot and buy a car...but your interest rate will be extremely high (20-25%)...and the car will be a piece of crap most likely. If you had a co-signer you would do better than that, but I would save some money and pay cash for a car...any car until you can get your finances in order. You won't get a loan from a bank or a regular dealership in your situation.
2016-05-18 21:57:40 · answer #2 · answered by ? 3 · 0⤊ 0⤋
There are companies out there that will finance you, but it is not without cost. The interest rates will be extreemly high.
You might check your bank, or credit union and apply for a loan and see what they say. Shop for the financing just as much as you shop for the car. good luck
2007-04-18 21:59:33 · answer #3 · answered by Fordman 7 · 1⤊ 0⤋
go to www.adviceontime.com they have an article on how to buy a new car. in that article there is a link to a bank that financed me with a 470 credit score. so i'm sure they can finance you too. good Luck
2007-04-19 04:24:56 · answer #4 · answered by Joe 2 · 0⤊ 0⤋
Drive-tyme.com They will help you repair your credit and they work with you.
2007-04-18 21:54:17 · answer #5 · answered by Anonymous · 1⤊ 0⤋