Normchacho said:
superchunk said: No. They are clearly shady and attempting to put you through the ringer. Your credit isn't so bad that you cannot get a car, especially a lower priced one. Though you may want to have $500 to $1K for a down payment. But expect to have a higher interest rate as well... which is another reason to stay in low price. Also - before you buy any used car. 1) go edmunds.com and kbb.com to determine value. 2) do not get attached to a car - do what is financially smart 3) if you can, secure financing from a bank, like a credit union, before you go in - this gives you more power. car dealers make deals with banks and up the actual interest rate above what a bank actually offered so the dealer can get a kickback. |
This. Though, he did say that it was the age of his credit that was mostly causing him trouble. Which makes sense.
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Yeah, my credit is only 9-10 months old. Which has been an issue for me