Options for getting a car?

My boyfriend and I are making excellent money, and we have plenty to afford a new car now, with only one problem: my credit.

My boyfriend has almost none at all. A utility bill from two years ago is it. I have an old cell phone that%26#039;s paid off, a utility, a financed gym membership, and a gas credit card. All of which are paid off and never late (except the cell bill, I was 16 and stupid), but were only opened six months ago. Our apartment and bills are all in my name. There also may be a cable bill my stepdad put in my name when I was 11, but it doesn%26#039;t show on my Experian report. We have no one to co-sign for us, both my mom and his are in foreclosure, we both grew up really poor (In my case, my mom raised 5 kids on $8.00 an hour). Do we have any options at all? The car we have is our only one, and it%26#039;s not going to last more than a month at this rate.

I do belong to a credit union, but that%26#039;s a newish account as well.

Options for getting a car?

Go to the credit union first before you even set foot in a car lot, and see what they can do for you. The CU is a much much better choice to finance a new car because the point isn%26#039;t for them to make profit, so you%26#039;ll get a reasonably fair deal compared to getting reamed at a dealership. And the more you can afford to put down, the better your rate will be, which is important since you won%26#039;t get a great rate by default because you have no proven history.

What%26#039;d be good is if you get a loan for a certain amount beforehand and pay a large down payment, that way your monthly payment stays low. Even if you can afford to buy the car quickly, if you just pay in payments, it%26#039;ll start establishing a credit history and the better you are with it, it will give you a major credit score boost.

With the loan amount in hand, then you can just go to the dealership, pick the car and right features, haggle the price down, and when they feel they%26#039;ve got you nailed and start to draw up the finance, just tell them you%26#039;ve already got a loan for the amount needed, and that%26#039;ll be the end of it.

Options for getting a car?

Car companies will give to almost everyone. See what a reliable dealer says. They might be willing to work with you.

Options for getting a car?

Well you need to buy a cheap and a good car that can fit you. Dont care about the look ot color or logo or anything. You just need something to transport you from place to place.

Buying a car isnt easy at all. You will need to pay bills and gas. Dont fill up all the tank with gas. Fill half to save up money!

Dont buy the car now! Make sure the money left will be enough so you wont get into a problem!

Hope i helped :-)

Options for getting a car?

I%26#039;m sure you can get a car. I had some credit problems and decided to get a 1yr old pre-owned car and I could not be happier with it. After 2 years of making payments on time you may be able to get an even better deal.

Options for getting a car?

hard one.

my advice is: is you two are making excellent money first repair your actual car so it can last another year. During that year save each of you 10% of your gross salary and put it on a high interest account, after that you楹搇l have the down payment for a new car and better credit history, allowing to get the car you want.

On the other hand, I wouldn楹搕 buy a new car, maybe a 3 year old one with no more than 30,000 miles...

hope it helps...

Options for getting a car?

I agree with Rigo. Go to your credit Union and see what you qualify for then go car shopping. I have always dealt with our C.U. and they treat me way better than the car dealer does. Our interest rate is way lower with the C.U. too. Also I bought a car from a car rental place. It was 9 months old and had 9000 miles on it. If I would have bought it new I would have paid $26,000 for it. I got it for $17,000 just because because it was barely used. BTW it had the full manufacturers warranty too.

Options for getting a car?

Try and keep the car until you can save up for a better car. If you can save 1k a month. In six months you%26#039;ll have 6k.

Stay away from car payments. You will never get ahead financially making car payments.

Check out daveramsey.com and listen to his radio show. He had lots of great advice on money and debt. It doesn%26#039;t cost a dime to listen.