Have anyone ever financing a car?
914012
Having a good credit score does not mean that you will get a good intrest rate. Other factors apply...income, work history, debt-to-income ratio, and what bank is doing the financing. You can expect anything from 9% to 15%. The term is usually fixed at 60 months, although I would opt for a lesser term if you can afford the payments. That will usually lower the percentage rate and will save you lots of money. On a 5 year loan at 9%, the payment for $20,000 is $415.17 and at 12% the payment is $444.89
210132
Yes, Once I "borrowed" what I thought was $400 from my dad. I left the state intending on getting an apartment with money I had saved and the extra I took. When I went to count the money there was WAY more than when I had counted it the night before. I felt very guilty and didn't talk to him for 2 weeks. Then my car broke down and I knew I wouldn't be able to both fix my car and pay him back in the time I was hoping... so I called him and honestly explained everything. Yes he was very very mad. But I did eventually pay him back everything.
344042
I have.... I had a rough time when I didn't make much money and couldn't make my whole payments (made partials). They totaled up the back payments and took away my license even though I kept trying to call and pay it off.... I could never get through to anyone at the local office!!  I have since payed off all of it and I'm still waiting on my license to be reactivated.  They offer little help to the few fathers who are trying to do the right thing.  By the way.... my son spends every weekends with me.... I'm not just there for financial support.
20986
If you have a long standing relationship with a local bank (it's always a good idea to develop one) See if they'll give you a "signature loan".  Tell them you've been a customer for x years, and you just need this for an auto repair.  \nAlso, see if any glass shops in your area offer financing.
1097002
Yes.  If you own the vehicle and it is worth at least that amount.  I've done it before.  It's not a bad way to reduce your interest rates.  Just pay it off quickly and don't get upside down.  I've had car loans were I only made minimum payments and then realized after a few years that I owed more than it was worth.  I now pay as much as I can as fast as I can.  I'm a year ahead on this loan.\nGo to the local bank you have checking and savings with.
40783
None of them. The financing is through some bank or another that the dealer has a working arrangement.  Unfortunately, credit scores play a big part in determining the terms of any financing you can get.  Negative hits on your credit reports will get you only high-rate financing offers.  I've been through all this, and after fast forwarding the tape to years later, after I had rebuilt my credit to a well-above average credit score, I was able to walk into a dealer and say I would not put even a single penny down plus chop a few thousand off the dealer's price and get a decent rate on a 100% loan where everything was financed, even the title fees, tax and registration.  I walked out a few hours later with a brand-new vehicle and not a dime out of my pocket.  But the bankruptcy has to disappear first, and that takes 10 years, and with that sort of thing on the credit report there is no such thing as a liberal credit term: it is vultures circling the dying straggler in the desert.
305607
No. Thats one of those things you are supposed to look at before signing on the dotted line. You can call the company (after making a good 6 months of payments) and re-negotiate your interest rate. Until that happens you are stuck unless you want to get a loan from an outside company with a lower interest rate and just pay the car off now but depending on how much your income is and your debt (including this car loan) you may or may not be approved. The current car loan can make your debt/net ratio be too high. You can also make payments to the principal only which I suggest to pay the car off quicker.
378409
Yes you can but it's tricky!\n\nSelling it yourself\n\nA private sale is often the best choice, since you'll get a lot more for the car than if you trade it in at a dealership. (See “Make a bundle by selling your own car.”) But it can be a lot of work -- and kind of tricky to pull off.\n\nYou first need to:\n\n    * Check with your state's Department of Motor Vehicles (DMV) to get all the required paperwork and procedures for transferring ownership of your car.\n    * Check with your lender to find out its procedures on how to get the lien released on your vehicle.\n\nA lien is a kind of legal wheel-lock that lenders put on financed vehicles. Until the lien is released, the vehicle can't be transferred to a new owner.\n\nMost lenders will want you to pay off the loan in full before they release the lien, which is a problem if you need the buyer's money to pay off your debt. Your problem deepens if you need extra cash on top of the buyer's payment to retire the loan.\n\nTrading it in\n\nA trade is by far the easier choice, since the dealership handles all the paperwork. You also could score one of the new-car incentives that might help you erase or at least reduce your debt.\n\nLet's say you're $2,000 underwater on your car. A $4,000 rebate could erase that debt and give you a small down payment on your replacement vehicle, Nolan said.\n\n"There are so many incentives and cash-back rebates out there that you should be able to find one," he said.\n\nThe downsides: You'll get less for your old car than if you sold it yourself, and you may be vulnerable to some of the dealers' worst tricks: overcharging you for the new car or the new loan, or both. (The dealer knows you're either desperate or not very sophisticated financially if you're selling a car on which you still owe money.)\n\nAnd worse, despite the big rebate on your new car, you’re instantly underwater, because rebates aren’t magic. A $20,000 car that carries a $4,000 rebate is realistically worth $16,000 -- and that value starts dropping the minute your new car becomes a used one. The damage will be even worse if you’ve rolled over old debt into the new loan.\n\nAnd then the cycle starts all over again.
1171176
NO - NOT AT ALL - LENDERS WILL LOVE YOU - 500 IS THE LOWEST A LENDER WILL WORK WITH (ON A HOME MORTGAGE) AND THAT IS NOT 100 FINANCING - YOU COULD GET 100 PERCENT FINANCING ON A HOME / AUTO, ETC.  THE HIGHEST i HAVE SEEN IS 805 AND THAT IS AWSOME, THE AVERAGE IS 580 - 720  - THERE ARE NOT MANY OVER 720+  SO  YOU ARE DOING GOOD - LOOKS LIKE YOU PAY YOUR BILLS ON TIME, AND KNOW HOW TO MANAGE YOUR MONEY - CONGRATULATIONS.
404690
$$$ as the saying goes money talks and BS walks.. The more money you can put down on the car.. better the chance of you getting approved.. No matter what the situation.\n\n$0 down.... Try again\n$500 down.. nope\n$1000 down.. Now we are talking.\n$1500 down.. Getting better\n$5000 down.. When can u pick it up.\n\nBut most can get approved at the $1500 mark
968971
Truthfully, NONE!  Cars are a joke and the getting around a finance company that paid for your car is a joke.  Sorry, I wish I had better news for you.\n\n\nI just want to add of the about 50 lemon cases that I have been involved with, only about 3 came out on top in ways all 50 should have.  Credit, cars, credit cards and financing is ruining this country.\n\nTake Care
1006584
I think it is possible but it depends on the financial insitution you go to.  I work at a credit union, and we won't finance two vehicles on the same loan, unless it is two jetskis or snowmobiles.
1010525
Sounds good. You can also look into a making a business plan, and applying for financing(loan) from a financial institution.\n\nFor a business plan there is a very good interactive website that might help get the plan done step-by-step, its absolutely free, and gives samples as well.\nIts a service provided by the Canadian Business Service Center\n\nwww.cbsc.org/ibp\n\nBest of Luck - Buena Suerte
243566
understand what credit is.  Certain lenders require certain things.  Like at least a 520 fico score, 3 years of work history, 5 year residence history, some require money down, some do not (depending on the score) Some require time on the beauro to be at least 5 years. Your best bet is to finance less than the WHOLESALE BLUE BOOK of the vehicle.  Find the car, do your research and never buy in the same day.\n  there are a lot of factors when thinking of buying.  please e-mail me if you need any other help....  there is a lot ot know.\n\nfordofmarin@gmail.com
292323
Let's see you are old enough to be buying a car, think you can afford a $10,000 car and you don't know where you can loans....2 plus 2 doesn't equal 4 with this question!!!
127669
I have a question?  Are you talking about mortgages or cars or what?
214875
if you have the money to purchase the cars outright, then it would be simple to start the business. find out the business license requirements from your local government. check with DMV to see if anything is required from them. you will also need insurance to cover you, the cars when they are not leased and also if the customer fails to maintain proper insurance, liability insurance in case you get sued, as you are the owner of the vehicle.\n\nif you need financing then you have a bank to deal with and that becomes a more complex process which depends on your net worth, collateral, business experience... you will need a formal business plan, cash flow projections, etc.