buy a used car from a dealer?
Hello boys and girls to my question relates to the purchase of a used car from a dealer. the distributor is a "buy here, pay here" I looked at the credit application that you and I think that all "buy here, pay here" dealers have the section where it says you need mortgage, rental information. I do not own or tenant of a property yet. No rent or hurt my chances even rent a car and pay per month? I can pay the car in a year or two, but .. Has anyone been in this position? car is a 2005 Toyota Corolla 5 speed .. Low miles .. from $ 8k I could try to sign jointly with some1, but I want to make
buy here pay here is generally short-term high-interest-free loan if you have a job, you can get a car, but if you have no previous credit, the interest rate is generally quite high. No owner a home, do not disqualify, because normally in this type of loan, the payment is the owner of the car, so what follows is the profit. The best way to reduce the amount of interest on the loan terms, to repay the capital as soon as possible. This can save money in the long term. Once you've paid the car loan now, and if the dealer knows he will recover his money, you can get a second loan at better rates. Given the amount of their bills against their paycheck and then understand what you can afford.
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