Who will finance unestablished credit for a car??
Answers: if you have stability (lived at the same place for at least 2 years, had the same job for at least a year) and can prove your income (computer generated pay check stubs and W-2's) most dealers will get you a lender through their special finance department - the more down payment you have, the better chance you have at a deal, will probably need at least $1000 in trade or cash or both to put down - the lenders are as flexible as ever because the car business has been slow this year
With a job, with or without down payment. Most of the big dealers will hunt you down a lender. They have nothing to lose getting you in a car. If you don't pay for it, they come and take it back and you forfeit all you paid to that point. So don't get in over your head, Insurance coverage, gas and maint must be considered when figuring what you can afford. You want to establish good credit with the lender. Good luck.
With a job, with or without down payment. Most of the big dealers will hunt you down a lender. They have nothing to lose getting you in a car. If you don't pay for it, they come and take it back and you forfeit all you paid to that point. So don't get in over your head, Insurance coverage, gas and maint must be considered when figuring what you can afford. You want to establish good credit with the lender. Good luck.
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