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Auto lenders for poor credit


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2 replies to this topic

#1 Male Nurse

Male Nurse
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Posted 25 February 2012 - 06:59 PM

Any good suggestions for auto lenders for people with poor credit? I have a 2008 Pontiac Torrent with about 120k miles on it. It's still in good shape but I'm getting scared b/c of the miles. I owe about 16k on it which I'm sure makes me pretty upside down :(
As you can see in my sig my credit still sucks :( Any hope?



#2 jgill84

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Posted 25 February 2012 - 08:37 PM

with out a large down payment. prob not. IMO drive slow and pay fastB) if you look in the automotive section in the stickys theres a link to calculate the value of a vehicle. i like to use black book. you can input your vin number and mileage and options and it gives a pretty relistic number for what its worth.

#3 MarvBear

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Posted 26 February 2012 - 05:34 PM

If you are credit impaired and a substantial amount upside down, then most likely you will need a hefty downpayment/and a vehicle with a substantial rebate if that even helps.

And

The assistance of a dealer, which is exceeding difficult for us in the F&i Department to pull off.




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