I have a bad credit and I want to buy my first car. Is there hope for me?

I want to buy my first car but I don't have a good credit. I have a credit score of less than 500. But I don't know how will I get a car. Please help me. What should I do? Are there any car dealers willing to deal with people like me?

Public Comments

1. yes, there is hope. there are dealers that go by a buy here pay here policy.
2. You'll need to find a local "buy here-pay here" car lot. With about $1000, they'll rip you off on a beater and have you rolling in no time. Most of them want weekly payments of about $75, and you'd better not be late. The prices are high, and the interest is even worse, but it beats walking. Good luck, and have a mechanic look at it before you buy!
3. Get a CO-Signer
4. You need to make 1500.00 for 1 year same job with YTD stubs and 1 year same residence with 2 utility bills with your name and 10 COMPLETE refrences with phone and pay 1-2000 secondary bank fee which goes on top of what they ap[prove amount for car. Interstet will be 16.9 -24.9 and 3 years to pay plus 1/3 to 1/2 down plus car has to book out and have less then 80K miles and 6 years old or less basically they will tell you what to look for that will work at dealer. Even the buy here pay here have same requirements if you keep credit out which you have to do with them Lowest pricedc ar will be 10-12000+tax+tag+doc fees and 2000 secondary bank fee so total financed at minimum will be around 15,000 or so giving payments with down money in low 400's.Below 500 shows you never paid a bill so Good luck.
5. Yes the used car lots will finance you really high, sell you a junker, most likely itll break before you dont paying and then you will fix it out of pocket, who knows you might luck out with a longer lasting car. Geta mechanic of your own to inspect any car before purchasing, its worth paying for the inspection, if they find broken things, the dealer may repair it as part of the terms, but dont give money til its fixed as per the mechanic.