Do dealerships have the limit? Like would they let me financial an used automobile which costs $4,000? Also I have unequivocally bad credit. If I’m authorized for $4,000 what should I design to compensate as the down remuneration as well as interest? Thanks
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{ 4 comments… read them below or add one }
s14 nissan 240sx
1986 ae86 toyota sprinter trueno
1986-1992 fc3s mazda rx-7
the ae86 should cost around a few hundred dollars to 2k depending on the condition.
the fc3s should cost around a few hundred dollars to a little over 2k depending on the condition
the s14 should cost around 2k to 4k depending on the condition.
then save up to tune it.
if you don’t know what these cars look like then type in AE86 or FC3S or S14 in google.com and take a look at these cars.
these cars are all rear wheel drive sports cars, you just got to clean the engine, do a paintjob, put new suspensions, intake, exhaust, and turbo with blowoff valve and new injectors in it then ERGHERGHERGHERGH VROOM PSST!!!!! VROOM VROOM PSSSTTTT!!! VROOOOM PSSSSTTT!!!!!
I’m in Australia and a few years ago we bought a used car with finance. We didn’t have bad credit, just no credit rating but no banks or dealerships would give us finance. We ended up getting finance with GE. The car was $4000 and it had to be less than ten years old. There was no deposit but the car was used as security. The interest rate was a staggering 32%. The repayments were close to $100Au per fortnight.
Friends of mine have bought cars through dealerships and interest rates seem to be below 20% and deposits vary from $100 and up. They also had bad credit. As to the lowest price they will finance, it just depends on the dealer.
Have seen lots of people asking info on bad credits. Well, if you need to get your problem solved on