How To Finance A New Car Knowledge Base
Advice on how to finance a new car? Greetings I am looking to buy a New Scion TC, MSRP 19K and finance it for 2 years. I have very good credit. My main reason for financing the car, is so i can build up my credit score by developing a history of taking out a loan and re-paying it. (which would help me in a few years when buying a home) Can you suggest where i can get a LOW interst rate on a automobile purchase, financed over 24-36 months Thanks
How much is finance charge if I am financed 25000 by a car dealership when I buy a new car? I am looking in to buying a new car. The term would be 60 mnth @ 7.5% apr. They sent me a quote at 40000 grand financed and the finance charge is 8000+ and I'm wondering how much it would be if it was 25000 instead of 40000. Thankx
I have $19000 to buy a new car. How much should I finance to build good credit? My score is 750 from TransU.? not pay it in full but to finance to build credit for a new car.
If I finance a new car, how much insurance do I buy? I know it will have full coverage, but how much? I'm trying to get an accurate quote through geico to see if I can afford it before buying the car.
How many months will a bank finance a new car for? My credit isn't the greatest.
How many months will a bank finance a new car for? My credit isn't the greatest.
How much would somone have to earn to finance a 30K-35K new car ? Assuming a 5K down payment and good credit? Car would be Lexus IS250, Infiniti g35 or g37, or BMW 328. Person has no other expenses, no rent, nothing. Good responses so far..but still didn't answer my question. I want to know how much money someone needs to make (SALARY).
anybody with bad credit finance a brand new car,if so how much did you pay up front? please give details from chicago, nothin more that $25,000,probably alot less
How would I go about financing a car? New or used? I want to finance a new or used car, not lease. And I was wondering how I would go about doing that. What do I ask etc? How much do I need for a down payment?
Finding a new company to finance a car loan? Right now i'm currently with CITI Bank. I'm desperatly trying to find a new company to finance through, simply because CITI bank is just plan nasty, one day late on a payment and they call me, asking me where my car was because they were going to pick it up, it ended up in a screaming match, because I don't put up with b.s. like that. Is it even possible to switch? If so, How?
How long after purchasing a home can one finance a car? My husband and I desperately need a new vehicle, but we are in the middle of purchasing our first home. I need to know how long we have to wait before being able to finance a car. Thank you for your help!
How do I go about purchasing a factory new car from a dealer finance wise? What financing options are available to me?What will influence whether my credit application will be approved?Will I get invoices send to me monthly if I set up a payment plan?Do I have to have insurance from the dealer?I'm in Australia by the way.Thanks in advance.
What are the chances I, as a college student, will be able to successfully finance a new car? Hi guys, I'm a full time second-year college student with a part time paid internship on the side in which I get paid slightly under 500 dollars a month. I have about 2000 saved up in the bank and was looking at a new car that runs about 15-16k. I know nothing about how financing a car works other than the simple down payment + monthly payments (with interest). I'm wondering if it's possible for me at all to finance a car like this and what the application process is. Thanks a lot!! I'm also not sure what my credit is at all, other than I always pay all 3 of my credit cards on time. I also have zero expenses as I commute to my university. Does this change anything?
I have the cash to buy a new car, but I want to improve my credit. How long should I finance a vehicle for? How can I finance a vehicle, pay the least amount of interest, and improve my credit?
i financed a car - how can i upgrade with a new one? here is the thing.... i financed this ca about 8 mos ago... the car cost me 13.000, however with all the interes for 60 mos i end paying 19.000... the car does not worth more than 10.000. My question for you is , how can i get rid of the car for a new version of the same model.... the car was not purchased from the dealer it was purchased through a pre-owned dealership ... a fucked up one... please let me know if thereis a way of getting rid of my car... thank you all
How the heck do I finance a car??? I am 29 and single. I desperately need a new car, since my Subaru is getting too costly to fix. I will buy a car, not lease since I plan to have New Car for the long haul. I do not belong to a credit union, nor have I ever gotten a loan from a bank, but I do have squeaky-clean credit. What are my options for financing a new car? More specifically, what are my BEST options? What's going to be worth it in the long-run--financing from the car co., my bank, or joining a credit union (and if so, how the heck do I join a credit union?). Borrowing money from family is NOT an option because they will screw me over--I know from the School of Hard Knocks. Can I use my Subaru as a down payment? Can I pay tax, title and license as part of the overall package? Thanks in advance for your insights and stories!
How to avoid finance charges on car loan? Just financed a car and wondering how can I avoid the $6000.00 in finance charges (7.48% apr/75 mths) on an car loan. Not looking forward to all that interest so any advice will be greatly appreciated. thanks.
How many are saving up for a new car instead of financing one? What would you like and how much does it cost? I'd rather save up a lifetime for a car than to finance another car again in my life. What a waste of hard earned money going to the bank. If you pay for it cash, chances are you'll get a rebate on it too. A perfect example of how rich get richer and the poor get more poor everyday. Right now, some poor person is buying a car only to have it financed through the bank, and some rich person is buying full cash down and taking it off the lot everyday, and he might even get a cash back rebate on it. One person (Rich) saved a lot of money and on top of that got some money back in return for being able to buy it cash down. WTF? LOL The banks are financing the poor person's car, and if he/she doesn't make the payments they can take it back at anytime and resell the car at an auction after they repossess. God Bless America.
How do I convience my mom to let me finance a car? I really want a '97 to '01 Honda Crv. I have enough money to finance one and I'm almost 18. We only have one car and we all have to share and sometimes it gets really hard. Now my sister doesn't work at the same job I do so its harder to share the car. BTW the car is shared by my mom, sis , and me. I think that if I get my own car things would be easier. I know I could pay payments on a car cause I've saved up all of my money. How would I ask or convience my mom to let me finance a car? how would I do it and what would I say? I know cause I'm not yet 18 that I'd probably need a cosigner, right. Please help, If I'm gonna do this I need to do it now.
how many months can you finance a car in Texas? I refianced a car that was new when I bought it. I thought they said in the state of Texas that they could only finance a car for 60 months but when I look on my statement it says 72.
how and when can I finance a car after I have had one repossessed.? I had my car repo'ed in August becasue of a clause in the contract about moving to another state. I want to finance a new car but don't know the best route to take.
does the bank determine how long they will finance a car loan for you? when it comes to financing a vehicle, does the bank/institution determine how long the loan will be? 36, 48, 60, 72 months? im looking at an 05 and i dont want to be put in the 36 months bracket as my payments are expected to be too high. the car is 11995 but we want to get it down to 10500 or a lil lower. i want to have some say in the finance negotiations.
How do I get out of a car finance contract without ruining my credit? So recently my car broke down, and I was so panicked that I went out and financed a 16 year old car because it was the lowest possible payments I could get. I acted on an impulse which was not smart on my part. But the car is falling apart in everyway possible and I just barely made my second payment on it. Not to mention the car gets 15 miles to the gallon and we all know what gas prices are like. The car lot told me to lie to the finance company about my down payment, and they sold it to me without me realizing the headlights dont work properly. Does anyone know of any loop holes or anything to get me out of this contract??
Bought a new car on finance for 10.64 % APR? - New Jersey - USA? Bought a new car on finance for 10.64 % APR(very high) in FEB 07 - corolla LE. My credit score that time was in 600's. I am planning to apply for refinance in mid or late 2008. During this period, i will try to take my credit score to 700's. By how much my APR would go down if i apply for refinace in 2008 with a credit score in 700's
How do I get car finance, with a bad credit history? I have a good job now but have a bit of a dodgy credit history so I keep getting refused car finance, please help!!!
How many months does it take to determine to have good credit to finance a car? I'm getting my first credit card when i turn 18 in early October...And i'm curious to know how many months will it take to determine if i have good or bad credit to finance a car on my own? I heard 3 months so the dealership can let me off with the car. Thanks!
how can i get out of my car finance deal? i got a loan from welcome finance for a car just over a year ago. im paying back £300 per month, and its crippling me! what happens if i tell them to come and get the car back? will i be chased and hassled for the debt anyway?
Just filed for bankruptcy. How soon can I expect to be able to finance a car again? I just filed for chapt 7 and I'd like to know how long it will be before I can finance a car. Will I have to wait until it is discharged? Anyone have experience in this?
bought car on finance and its broke 7 times.how do i take finance company to court?in wales uk.? have been told its finance companys responsibility to replace car or unwind finance.theyve had letter and set amount of days to respond and nothing.trading standards to slow.got 4 kids and no car that works.still paying for it.enough is enough how do i take them to court?help!!
How to sell a car with finance and settle the cost? I purchased a 51 Registration car 1 year ago from Ian Allan garage on a 3 year finace, i am going to uni this year and do not need the car nor can me or my family afford to keep a car which won't be used. I am looking to sell the car through a dealer a work mate knows. I know i need to settle the finance with Ian Allan, if i contact them to make them aware what are the normal proceedigns, I was thinking sell the car pay off the finance transfer the title to the new buyer and pocket any left over cash. (my finance left is approx 3200 over 2 years)
Can you advise me on how to handle an unethical finance department within a Florida car dealership? Two weeks ago, in Florida, I financed a car. I signed a contract, paid the downpayment in the manner the dealership finance officers prescribed and drove off with the car. Now they want more money, in a different way or they threaten to pick up the car. I'm sure this is a common story and it also involves my original salesperson being fired, "hearsay" the likes of which would stagger an orator, getting repeated phone calls from many different people all with a different story, etc. I like the car and as I said, I signed the contract, paid the money and drove off with the subject of the contract. I'm imagining if they pick the car up that such is theft. Regardless, they tell me today I have to go into the dealership Sat. to "fix the deal". As this all sounds like a problem on their end and the rule of "Consideration" was satisfied on the part of all involved, what can I do without court?
How long must you hold a job in order to finance a car? I have a job and i get paid more than $250 a week. Is there any way that i can finance a car right now or do i have to wait for like an extended period of time to be able to finance it. Is there any place that doesnt require steady income..like holding a job for 6+ months. I plan to stay with this job but i also need a car soon.
Lease a new car or finance it? What are the benefits of both and which would you prefer? So I am buying my first new car and I automatically was going to do a sixty month finance but a friend recommended that I lease it instead.What do you think? I always thought leasing was kind of a waste of money because when the lease runs out you have to give the car back...or do you? Are there buy out options?
Should i get a new car on finance or get my dad to loan me the cash? Me and my hubby have seen a car we both want after months of searching its at £5,995 we could get it on finance at a rate of 6% or i have the option of going to my dad who is not rich but he could loan me the money of £4,000 over 3 yrs and ive got a grand for mine, so im hopiing the guy would knock a bit off if we pay cash.My dad is sceptical though, incase we lost our jobs ect ect normal dad worrys, My hubby is self employed but has worked since he was 16 and is now 32, so dont see why he should worry. If i got my dad how do i persuade him? Also if we go with finance is it better as we could swap the car in 2 yrs if we wanted to to? Or just give it back if worst case scenario happned? Just wanted to add he could comfortably afford this, hes got 2 houses and selling one for 260.000......but hes not rich, my mums not keen on the idea either.eek what to do alcatraz~ nice thinking but he will want the money as they are hoping to get a villa in cyprus plus i have 3 brothers so you cant buy a car for one and not the other ect ect
How to get a good finance deal on a car loan?? Hi, I'm planning to buy a car through finance option. I would like to ask on how to get a good finance deal with both the dealer and the bank on finance deal. Can anyone help me enlighten on these topics as this is my first loan!! and also i live in Bangalore-India.
How do you finance a used car? Me and my friend are going to finance a $5000 car. What do we need to bring? And how do you do financing? With a credit card? I am clueless lol.
I need a car~ How do I get a new one from a dealership? My bro is a dealer at VW. Should I buy one from him?? I have 1,000 dollars... can I use that for a down payment?? I think I should buy a used/older car.. nothing fancy and brand new. How to I finance a car and how do I know if I have credit?? I don't have a credit card but I pay for my gym membership every month outta my wamu debit card.. also I just got a new cell phone contract all by myself... does that mean I have credit??? LOL I know i'm stupid but any advice or suggestions are appreciated. Thanks!
New Car Finance Rates VS. Used Car Finance Rates? What is the reasoning behind a banks' decision to charge higher interest rates for used cars vs. new cars? It's a secure loan anyways. I've always thought that a higher interest rate protects the bank in case u have bad credit because the risk is higher, which I understand totally... but what does a car's age or mileage have to do with interest rates? The risk is protected by the loan value. I was quoted 8.45% for a 2006-2007 vehicle of any kind, or 9.39% for a 2005 or below. This was prior to the prospective Lien Holder knowing what I was going to get. It had nothing to do with dealership incentives.
Is it pointless to finance a new car? I've heard when you buy a brand new car it depreciates the second you drive it off the lot... but if it has a good warranty it wouldn't be something to worry about if something went wrong with it right? Whats your take on this? Would it be better to finance a used vehicle?
Which way is the best for me to finance my new car? Hi! I will move to the US this coming winter and I want to buy a new Porsche Cayman (No 'S', no extras ;) ). I want to pay 30k right away and finance the rest somehow (over 1 or 2 years unless there is a much better, different option). I do not have any credit record in the U.S., and I will be living in California. What is the best way for me to finance the left over 20k? In which state should I buy the car? What part (if any) of the payments is tax deductable? Any other tips? Any help or information is greately appreciated! Thanks! - Paul
How Do I get Financed a New Car After Repossesion? OK...I screwed Up and Made a BIG mistake by Financing a Car From JD Byrider....I decided that paying $10,0000 for a $4500 Car was stupid, and gave them the car back....Is there someone out there who will still give me a car loan ( I have pretty crappy credit too) Without a huge down payment, if one at all....and maybe not try to rip me off as much? Maybe CarMax?
how does this car finance work? Lets say iam about to buy a 2007 Kia rio for about $10,000 with 7% intrest. So now the car is mine and i make payments every month. now lets say i have a 72 month term, which is alot of years that ill be paying for that car, lets just say in 3 years i decided to get rid of this car. how does this work? can i sell the car half way through and just match the retail price, or do i need to match with the price the car will be in 72 months with 7% intrest, or can i just give then or trade the car in?
How will a fraud alert on my credit report affect financing a new car? I plan on buying a new car within the next month or so. I recently received a notice that I now have a fraud alert on my credit report and the Equifax was going to send the same to the other 2 bureaus. How will this affect my obtaining financing through my bank and various other lenders?
With no Prior Credit History, am I able to finance for a new car? I'm turning 18 in August, and I understand I have no credit, my question is: Am I able to finance for a brand new car? And how could I get financing for a new car.
Is it harder to finance a new car or lease a new car??? Is credit more important when trying to lease a car then financing a new car to buy??? i would like to get a 12-18 month lease but dont have much credit any ideas or anyone know which company is the best to goto for this? my credit score was like 680 the last time i checked... its not that i have really bad credit its more lack of really good credit
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