About bank loans for cars...?

Answers:4   |   LastUpdateAt:2012-09-23 01:57:02  

Question
Sunshine
Asked at 2012-08-22 21:22:24
I asked a question recently about the car down - payment , but now what I want to do is buy a car right outside . I have $ 2,000 for a down payment ( or to buy a car ) , but I can not find anything decent for that price , so I think I'll have to go to a dealer and get a car for $ 5K , and pay the difference . MedlinePlus MedlinePlus Doing this could mean getting a bank loan (if not used on -lot dealer ) I have a couple of questions ~ Is my payment amount come into play ? I have bad credit , so just give me 3K random is not likely at all. Besides, I have yet to achieve full coverage ? I assume so because still being " funded " , but I do not know ... MedlinePlus MedlinePlus If anyone has any suggestions , I would appreciate them. Even if it's just ideas on finding cars through private seller . ( Craigslist is either too expensive :/ , pic super broken , or not. ) MedlinePlus MedlinePlus Thanks for reading .
Answer1chris34Answered at 2012-08-28 04:59:04
Hi Dear , MedlinePlus Bad credit is a new point you.It would be very difficult to get a loan for the amount you have need.If $ 2,000.00 would play an important role in the amount of your monthly payments would be.There is one think you can might want to do is go to a loan that will lend you money to someone wo just about bad credit , % but the rate would be high. MedlinePlus Why not think about saving $ 3,000.00 more and then try to get a good used car .. Do not forget that you have to have money to put the car in your name , pay for tags , taxes and on top of that car insurance.You should have full coverage since you got something a loan.It ' s wants think before you do . MedlinePlus His friend ,
poppy1
Answer2No,SirAnswered at 2012-09-03 07:25:02
You have many choices and the best thing to do is talk to local dealers about their options before making a decision . the amount of money deposited in a car that is financed into play if your credit is bad . but an option for most people over look is to get a personal loan with a bank . then you can buy whatever you want wherever you want with cash instead of being worried about getting more funding from the dealer you do not need full coverage insurance . but your credit will have to be worthy to get a personal loan . MedlinePlus MedlinePlus just talk to some dealers about everything before you buy anything . and ask them about their fate all the selling . that may have some cheaper cars available .
Answer3NyeemAnswered at 2012-09-07 23:01:03
The payment on a car 5000.00 3000 will be at least as buy here overthrow places money , since that's what they paid more often then not . You have to be at work for one year and make 1500.00 a month , living same place one year , two utility bills , full insurance , 8 references with full address and telephone number and still put in the car GPS . You can fund less than 5,000 in a new car dealer lots pre final = property which would be the only option which sucks because those cars are new car dealers rejects , 200,000 car miles, salvage titles and other vehicles for scrap usually do not last and with a repurchase agreement . I had a xcustomer which was trading at a buy here pay here car and gave it a payoiff 14,000 + on a car worth 2000.00 and my reward was given only 500.00 or car and keep her 1000 car . MedlinePlus Bank loan will not work unless you finance a car with 1/3 to 1/2 down payment and the fair value less NADA wholesale condition , as I said you need to finance 5,000 dealer but required by bank at least 10,000 car with half down with bad credit if you give all that is unlikely.
Answer4cortezAnswered at 2012-09-23 01:57:02
Here's a simple answer to the question of taking you all over the place as the other answers do. MedlinePlus MedlinePlus If you are putting $ 2,000 down on a $ 5,000 car that is 40 % and that will mean a lot to secure the loan . MedlinePlus MedlinePlus Now here is what you do , find that car in what ever price range you choose. Then talk about money . The car salesmen trying to get you to do everything at once . MedlinePlus MedlinePlus ? ? ?
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