Or have the newer buyers cash buy your cheapest car on the lot you can't sell, let them drive a year or two while saving money to upgrade, rinse and repeat. Win-win for everyone. They don't wreck their life being slave to the lender and you get rid of hard to sell used cars while earning a loyal repeat customer? I've been there and done the young, new credit, new car thing. Yes, I enjoyed the car, but looking back I would have driven a beater and saved and invested the rest. I don't have a lot of respect for any dealer who gladly signs up new to no credit customers. I guess at the end of the day, business comes before doing the right thing in many cases.
Just because you have a Corvette c8 doesn't mean you can race a civic.
Always finance from a credit union. Best way to go
I bought my first car a month ago from a Ford Dealership and I didn’t have a co-signer, I had around a 700 credit score, and I didn’t put down 40-50%.
So essentially you need years worth of credit history to get approved. You don’t say!
Or have the newer buyers cash buy your cheapest car on the lot you can't sell, let them drive a year or two while saving money to upgrade, rinse and repeat.
Win-win for everyone. They don't wreck their life being slave to the lender and you get rid of hard to sell used cars while earning a loyal repeat customer?
I've been there and done the young, new credit, new car thing. Yes, I enjoyed the car, but looking back I would have driven a beater and saved and invested the rest. I don't have a lot of respect for any dealer who gladly signs up new to no credit customers. I guess at the end of the day, business comes before doing the right thing in many cases.
Join a credit union.
I have a 1500 credit score
Don't have time for All that
Where’s the civic race.
Do you have special rates for a 800 plus
i like eggs
Or just save up and pay cash. Debt is dumb.