Posts Tagged ‘Auto’

Question by WTFLOL?: bad credit, i need a car financed, already have an auto loan out?
okay heres the deal
i have an auto loan out on the car i am currently driving. i want to take a 3,000$ loan out for my daughter next month so she can have a car that is reliable.
i have bad credit, and not much money to put down either, i cant get a co signer either unless it is my daughter. she has no credit because she just turned 18, but she doesn’t have anything against her yet.

we have about 500$ to put down on this car.

any tips? there are a lot of in house financing places around where we live so were gonna try to go there. will they want more for a down payment? do they make you get insurance right there or can you get your own when you leave?
its not any of your business if she has a job or not. she is having a baby in April so I’m not going to buy her a beater

Best answer:

Answer by mccoyblues
You need to save money and pay cash for her car.

There is no reason for you to be taken advantage of by a shark lender (based on your credit rating) when you can put some money away and in 2 or 3 months have enough cash for a decent car.

Don’t put yourself deeper in debt by borrowing with an unfavorable interest rate. Pay Cash for her car.

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Question by latia: Why wont Bank of America get loan calculator auto loan ?
Info required. Thanks

Very best answer:

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Question by all_star469: Where can I get a small auto loan (below 7k) with reasonable rates?
Banks tend to not lend less than $ 7,500. for a auto loan. The rates for a private loan are ridiculous! (If you take place to be perfect they will do 8.99% – at a score of 656 I am not excellent)

Please don’t suggest Capital 1 – they also have this identical policy about not lending for these rates!

In the dealerships they will give me a 9% rate (though they are making a kick-back there) I would like to come in with a loan.

Support!

Very best answer:

Answer by Rick B
Why not save up and pay Cash?!

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Question by bigdog: auto loan calculator?
which internet site has the very best, most accurate auto loan calculator

Greatest answer:

Answer by Large Jay 7
http://www.kbb.com/
kelley blue book

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