If you have bad credit or most likely having a hard time finding solid and reliable auto loan advice. The fact is that there are a lot of people that would wish to lead you astray with the intent of simply taking your money. Here's a few tips that will keep you on the straight and narrow path.
Don't ever believe anything that only one source tells you. You should always explore different avenues and take a look at all the opportunities that are available to you. Just because a local dealership turned you down and tells you that you have to have a certain down payment or that you will have to pay a certain interest rate, does not mean that that is the absolute truth for your situation. That may be the situation at that dealership, but that is not necessarily the case anywhere that you go.
Also you should be aware that you don't have to have a down payment for car with bad credit in all cases. In fact, if you do your shopping ride and by the car at the right price in relation to loan value, there is actually no need for down payment.
Be careful who you listen to if you have bad credit and are looking for auto loan advice. Different people from different perspectives will give you different opinions.
Among the masses of websites on the Internet, there are a couple legitimate sources for auto loans that can actually help you to get the financing that you need.
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