How can you buy a car if you have bad credit & you don't want a co signer & possibley no money down?

Pay cash for the entire thing, but other than that, you are SOL. If you have bad credit, you are unfortunately at the car sellerвЂ™s mercy and unfortunately, they are a tad bit unsure of the concept. The up side is that purchasing a car is the best way to start rebuilding your credit. First, do not go in with unreasonable expectations, you will get a high interest rate and the car will probably cost twice as much as it is worth, that is off the lot, do not even look at the end run of the finance charges, that will be to depressing. You will want to work with them because they have to sell this deal to a loan company and they will cut them no slack, it is all a domino effect against you, caused by your bad credit and the only bargaining chip you have/they have for you is the interest rate points. DO NOT THINK ABOUT ANYTHING BUT MONTHLY PAYMENT, if you let the guy who thinks he can slick talk you into a better deal convince you to try, all you will do is get yourself talked out of a car. Dealerships flat out do not have the time to deal with special finance cases that are difficult, they have to many that understand where they stand to bother with it, they will let you walk and simply pick up the next guy, it makes no never mind to them. Second, get an extended warranty plan if you can, but make sure it covers everything possible. No warranty will cover wearable parts, but make sure it covers everything else, if you do not know what I am talking about here, find a friend that does and take him with you, you will need him. Third, get the simplest car possible, the more toys you get, the more things that can break and that raises the likely hood that you will just swing right back into your current situation, instead of using this as a stepping-stone out of it.

Hope that helps

John B.

save save save or fix ur credit

Try "Bar None", they are a lender that claim they can get almost anyone a car loan, despite bad credit. Their website is www.1-800-bar-none.com. Good Luck!

I believe you can't.

sweetpea is right.

Car dealers try hard to get everyone financed. I'm not sure what makes your credit "bad" but in most cases a car dealer can get you financed with no money down.

You will only have to keep the car/loan for 12 months for it to report to the credit bureaus and that will help raise your credit score. Then you can re-finance/trade in and hopefully get a more normal rate.

Good Luck

borrow money from a trusting friend.

its not impossible but you would be looking at a high interest rate!probably end up paying 3 times as much for a car!good luck!ive been there done that, not good!

if u have bad credit your prolly not gonna find anyone to finance you a car without any money down and possibly a cosigner,

Pay cash for a used car. I know people with good jobs and only so/so credit that go and get awful terms--13, 14, 19% Uhhh. One guy at work financed a 4 year old truck 4 years ago, and he is paying more money per month than I was paying on my $35k Jeep (3.9% for 60 months).

The one option might be if you buy new, then getting the promo rate from the carmaker. When I bought my previous car, my credit was not that great, but I got 2.9% for 48 months. GM and Ford are desperate to sell their cars, both have lots of promo offers-- if you are looking at a car they cannot get off the lot- there is a lot more the dealer can do than you would think to find a decent rate.

But please don't overbuy- and if you already have bad credit, you should avoid more payments. But if you are going to do it anyway, don't be stupid about it and get some crappy terms.

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