Question:
I'm 18 with good credit for someone my age but not enough to be financed through my bank. I would like to get the car under my name even though it would be me and my fiance's so we would have no trouble making payments between the two of us. What would be the best place to go?
Answers:
Hey guyz, i wanna ask something..?
Buy here, pay here.. they help repair your credit.Find the local advertisers for the car dealerships. Often Kia will say $200 down and a paycheck will guarantee you a loan. If your credit score is over 600 you can qualify for a GM loan, if not don't bother with GM or Ford. You will want to see if you can get a cosigner or buy a used car - or find out if places offer special financing.
Your best bet may be to try financing through a credit union or buying from a private owner. The dealership could finance you as well or broker out to a finance company for you. But you should try a credit union 1st. Financing will be cheaper and payment options may also be flexible as well. You could also have a co-signer as well, but those don't always go well.
Good luck
Banks, credit unions, or dealers. The important thing is to shop for the loan just as much as you shop for the car. Some new car dealers will offer low interest rate loans on new purchases, but check how much you'd save by buying one a year old. That may be your best deal ...
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