How to Buy a Car with Bad (Subprime) Credit (Former Dealer Explains)

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Title	:	How to Buy a Car with Bad (Subprime) Credit (Former Dealer Explains)
Lasting	:	11.14
Date of publication	:
Views	:	124 rb

That's why you put your teenagers as an authorized user at a young age so when they're in their twenties they have some kind of credit😊
Comment from : Lisa Flores

is a 710 credit score bad and what are my expected interest rates on a new car
Comment from : John Palicka

Question: Is there such a thing as car credit? Also, what are my chances of getting another loan from the same finance company if I have already paid off a loan with them?
Comment from : the TruthStand

They want to make sure that your overwhelmed
Comment from : Sean Parker

When you said bank lending a of "loan" value - you meant "vehicle" value, right?
Comment from : Scotty Krupa

Im in a pickle My son is now 3 months I have 600 credit no bank no income besides a check from school nd have a 3k budget I’m figuring my option is a lease cheaper monthly but i don’t wanna get stuck in a 72’month $600mo payment totaling $43k but i need a car to earn money doing Uber while i remain in school
Comment from : La Music

will Bank Statements be enough?👀 I have no problem putting a nice amount of money down buuut I’m not a W-2 employee and my credit is getting better but is certainly not the best
Comment from : Kendrizzle

How can u know if the dealer reports to the credit bureau
Comment from : Robert Santana

What if I got limited credit history with a good score and I’m looking at a 37k car and also m willing to put down around 9k as a down payment with my very limited credit history is it possible to get a lone ?
Comment from : Peppita Chips

Isn't there a consumer law that states that its illegal to ask consumers for a down payment?brGreetings from California 🙋‍♀️
Comment from : escuincla2

7:34 no one gives a flying fuck what you have been told you didn’t work in the car industry for 44 years
Comment from : Ali Mazari

I’m a little confused because I watched one of your other videos and it said not to ever tell the salesman how much money you have to put down so how are you gonna know how much your payment would be if you’re not telling him how much money you have in cash to put down I guess I need to continue watching your videos because I have $9000 and instead of putting it down for a brand new car at the dealership I bought a car from a private party 9200 and I am kind of regretting it because I could’ve maybe started building my credit the only thing the car that I wanted to buy was 33,000 how low do you think the dealership or the salesman would’ve gone down on that do you think he would’ve gone down to 29,000
Comment from : blessed serenity

I have a 600 credit score and need a ram 1500 or f150 but I don't have enough for down payment and need something fast need a truck for lifestyle and where I live in the country with rough terrain and for construction work anyway I can get approved
Comment from : Nikita Moodie

My credit score is low 800s I think 807/808
Comment from : D L

So if my score is 670 and want a 30k car with 3k down they not gon go for it huh
Comment from : AD214

Very helpful
Comment from : Tiffany Young

which bureau are they dealers looking for? and do they consider the same algorithm the bureaus show on the annual credit report
Comment from : William Blake

I had great credit until Covid19 and way laid off from the school system I went to go look at a 2006 Trailblazer with 111,000 miles that cost $7200 with $3000 The salesmen told me that my monthly payments would be $28218 for 54 month plus 15 month warranty and roadside assistance I said I know that my credit is bad but damn! I didn't know that they could finance a car that old for such a long period
Comment from : jenaccess4luv

Good info
Comment from : Shawn Cobb

Can i get a ten grand car with 5 grand down with zero credit it says na on my credit report
Comment from : Steve Kane

Got super low credit but I want to out down 50k the car is 100k will putting a bigger down payment help me out
Comment from : Gabriel Bautista

So, in other words, it's hopeless unless you have at least $1000 sitting around to drop on a loan
Comment from : Axess2084

👆📱 Brian helped with my SBA loan approval and funding right after he fixed my credit, he also handled the repayment which was the most important part of the process
Comment from : Brian [brianworkscredit@gmailcom]

I'm currently in the process with my girlfriend of a joint auto loan for 28k and it's a 17 interest with a 6k down payment for a 34k vehicle out the doorwhat can I do from hereI have a 540 credit and she had a 598she's recently gone up to a 629 but I have alot of inquiries and I'm more of a liability with a few little debts in collections but we really need something reliable that's going to carry us for a solid 5-6 years and we can get some real money for at the end of it all
Comment from : freethinker

That’s what’s wrong with this country A car is necessity but they will let a college student go into debt with 50 to 60 K student loans but won’t let someone get a $30,000 car loan… doesn’t make sense
Comment from : SilencedViewer

What if your credit score is literally zero?
Comment from : Ryan Obeso

In short term if you have bad credit your fucked 😂😂
Comment from : Francisco Gutierrez

I’m not totally sure what “buy here pay here” dealers are Can someone explain/clarify? I think they are used car shops like Bud’s Used Cars on the edges of Auto Rows of brand dealers
Comment from : Serious_in_Seattle

So I was in the middle of trying to buy a car I have a 565 CS I was putting $5000 for a car that is $26000 I speak to rep at the dealership and he said I was approved for $596/month for 72 month I paused did the math and saw it was about $42000 after the 72 months Would you pay $42000 for a $26000 loan? I don't think so I decided to go fix my credit instead
Comment from : I AM EL Janitor

I read enough of the comments to not need too watch the video
Comment from : Hank Williams

Really I couldn't believe my ears you said that (Thank God for Pearl Harbour happened so I can remember my wife's birthday) Did you forget the thousands of American lifes lost that day, and you are thankful I was subscribed to your channel not any more
Comment from : velos360

I have 2 part time jobs combined total over 2100 a month with 675 credit score Would it be hard to get a 149k car with 1500 down
Comment from : Rayonciaga

I have seen your videos on youtube and I have a business deal I am sure we can work together, if you can provide me with your phone number and time to have business call with our ceo thanks chat soon
Comment from : Canada carz

How do I buy a car with no money?
Comment from : magic carp

I was amazed I was able to buy a new 2016 $40,000 F150 with $0 down I had 75 months @ 209
Comment from : F165

When Zach was getting approved for a home mortgage, he suffered from what is called "thin file syndrome" Because he did not have a long track record of on time repayment of debt, the bank issuing the mortgage did not have much data on which to base their decision brBeware of "thin file" syndrome
Comment from : Gwin Willis

Lmao honey
Comment from : M L Knotts

Why would a vin number not be in the windshield where it is suppose to be on a car lot many cars I seen this way on a new lot
Comment from : Spiritual Aries

Hi guys love the videos!! I’d like to ask how would I know if the “ Buy Here Pay Here” dealership reports to all 3 credit bureaus? Thanks 🙏
Comment from : 12M views

Ok I got a car from carmax had a lot of electrical issues , within one year lost my job and voluntarily surrendered car , was on unemployment for 9 months It has been 3 years now , my uncle gave me his truck as long as I made the payments So when I got new job I took over the payments So I have 3 years of payment history from my checking account and a good amount of cash for money down Will I be able to get a car loan ?
Comment from : david james

So if you looking at a $6k car would you putting down $1k is good enough or should you go in with $2k
Comment from : Spceship Boys

But your good looking! and that bumps your credit up! Lol
Comment from : Brian Reardon

If you don't have pay stubs, (self employed) can i showing bank deposits ?
Comment from : Lacey Mulford

Even if you get your car loan approved, the car insurance will make sure they fleece you on the insurance cost from having bad credit Just get something you can pay in cash That way you can customized your car insurance to something you can afford
Comment from : Aliceandcat

Jeez 550??! Now that’s a low credit score
Comment from : Brianna Bombshell

I don't have a job right now but do have enough money saved up to buy cash but i want lease so obviously i want to not put money down What's the best option for me?
Comment from : Ana Marie R

The amount of references is on the older side information wise Usually one or two with just a phone number is good enough
Comment from : JCG

Nice watch
Comment from : J Williams

CLONE__281 on Instagram is a pro✅
Comment from : Helena Cherry

I’ll save a lot of people time The answer is you DONT buy a car with poor credit Guaranteed you’ll be in a worse financial position than you started
Comment from : PoloChris

What would be my situation? I have bad credit and not able to make big money down I own a grand caravan 2010 150k miles, but it’s giving me too many mechanical problems, and doesn’t even have AC, they told me at the mechanic to repair the AC it’s $3500, which obviously is a No I need the car for work, and I need the AC to work as well Could I get a loan or finance a car? I’d like a not too old car that gives mechanical problems or brand new that is super expensive 2013+ would be good and good gas mileage would allow me to have less expenses
Comment from : keishito

is unemployment considered as a job💁‍♂️
Comment from : bxthorn

I absolutely love you guys
Comment from : lovablelibra

great video, awesome information
Comment from : MoneyOverFame

Thank you!
Comment from : 12ThManNate

Watch the interest they want A $13,000 car may in the end cost you $32,000! Seen that
Comment from : Don Baxley

4:50 I don't yet have pay stubs since I am starting a new position but need a car to commute May I use my previous job's pay stubs? Thanks!
Comment from : Victoria Gray

What if your self employed? Bank statements work as proof of income?
Comment from : A

I have a charge off bc i got a car repo when the pandemic started my credit dropped to 500 i worked on my credit and picked it up to 645 will i be able to get another car ? Its been a year since the repo
Comment from : jose Rodriguez

If you get a car with bad creditbrYour payment will be so high that I would efford it
Comment from : Robin Campbell

So if I wanted to buy a car thats $35,000 and I put down 25, would I be able to get that car?
Comment from : Zeng Vang

These bastard dealers will sell a car to your dog problem solved
Comment from : Ireland 1968

Is that a brand new Rolex Daytona?
Comment from : vladchan

Back in 2013 I purchased a certified used 2010 Honda Accord with a 550 credit score My income was good and I put $5,000 down on a $22,000 car That was the out the door price I got a 7 or 8 interest rate Having over 20 down was the saving grace that got me the car at a reasonable rate I still have my Honda Accord now and it has over 150,000 miles and still runs great My advice, buy a 3 year old Honda or Toyota and put as much down as you can Pay it off early and enjoy it for 10 to 15 years
Comment from : KP HVAC

They should be asking why people with bad credit want to get a car loan It's not a good idea It creates the risk of only making things worse
Comment from : Evan Windom

I was finding it so difficult to buy a car on credit cause my credit scores was so low and @exceptional_tools on lG help me out and he fixed my scores and I got a car on credit I’m so great full thanks so much I recommend him you should try him you would get a car on credit
Comment from : Linda Collins

Over tens of thousands Americans suffer from bad credit records and many have fallen for different scammers due to the pathetic situation Don't fall for scammers!!! Make a better choice today by choosing Credit Patch LLC over other credit repair specialists here It’s all about the trust, getting what you want and the best you deserve I am happy writing this not only because of what they did for me, my family and friends but also to save people here from scammers I know how it feels to lose your hard earned money to fake credit repair specialists and I won't want that to happen to anyone seeking for credit help I assure you a real and effective credit repair service if you employ the service of Jon@creditpatchup🔘com br brGod Bless America
Comment from : Amanda porter

Ha ha I just put 3000 down on 8990 SUV, but I have 740 credit (until the hard pull and loan shown up!)
Comment from : Andreas Rural Kitchen

Thanks
Comment from : Rio Graul

U guys are SO cute
Comment from : AISHA NuSoul

Thank you
Comment from : kurtzx6r

I’ve bought 37 cars and financed 9 Of the 9 finances, I’ve been at the dealer with an 800 score, a 550 score, and everything in between brbrWhen I had the 800 I was in and out no questions asked and fast brbrWhen I had the 550 and needed a car like NOW due to losing my old one in an accident I had to spend a whole day at the dealer and give my entire address book, proof of employment beyond pay stubs, and probably a blood sample and fingerprints (not really) It was intense and I did not feel welcomed To be fair, the dealer probably had to work 10x harder than normal to get me the car brbrPoint being, I realized in that process that I shouldn’t be buying a car with a loan at that time I should have gone on Craigslist and bought a $1k beater to get me by until I could climb out of my mess
Comment from : She put the lime in the coconut

Very well said Thank you both
Comment from : Habitat76

@UCv7jC9v-ygmGT4DsnIMB0OAbr br brbr brbr brbr brbr br br brbr br br brbr brbrbr br brbr br I just purchased a car and I wished I saw this video before I purchased my vehicle The finance manager didn't even asked if we would like an extended warranty It was figured in on the contract and we signed it not knowing I signed and initialed on so many paperwork that it was overwhelming I didn't have time to read the fine prints, he glossed through the extended warranty as if it was just a matter of fact $2,000 for 5 years/100,000 miles I read online that you could cancel the warranty before 30 days We talked with the finance manager and he said to wait until your first payment goes through first until you request for a cancellation by emailing the dealers finance department in about 60 days He said this was necessary because my credit was bad, so this was the only way for them to get me approved???
Comment from : Kyle J

Thank you ur dads great
Comment from : Jay

Does Uber/Lyft and about 5 other delivery type gigs count as a job if it pulls in about $24k a year?
Comment from : Ghost Rider

Can I show them digital paystubs or do they need physical
Comment from : August The Stag

Hi my question is would your APR go down midway your car payments if your credit score improves? Thank you!
Comment from : HOLLY HOOD

so the car i want is 27k credit score is 560 how much do i put down a
Comment from : Malk Qadan

Thank you for this very informative
Comment from : The LoneWolf17

Gladly telling you Davehackk144 On IG is the right man for this job he is a legend WhatsApp +1 (256) 563-5608
Comment from : Alannah schwarz

Show pay stubs at a dealershipWHAT?/ I’ve never done that in my life , lmao 😂
Comment from : CobraDove

I’m currently looking into purchasing my first used car my credit isn’t all the great it’s about 550 and I want a car within the 15k to 16k range willing to put down no more than 7k what’s a good negotiation method I’m looking at a 2015 grand Cherokee overland 111, 647 miles what y’all think??
Comment from : Charles Nelson