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Smart Shopper Questions About Financing New Vehicles
2253 messages, Last post on Nov 18, 2009 at 12:07 PM
You are in the Smart Shopper Forum. Your Hosts are kirstie_h & tidester
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Replying to: cliffsr (Mar 14, 2009 4:57 pm) Yeah, the number will go up when the bankruptcy is gone but you are in good territory already. |
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Replying to: cliffsr (Mar 14, 2009 4:57 pm) However, if you stick w/ the captive lenders you should be ok. |
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Here is my situation. I am looking to buy a new or relatively new used car in the next couple months. I have no income currently, but i have enough savings to put down a decent down payment and make any reasonable monthly payments until I have a source of income. I just graduated from med school and will be a gainfully employed physician starting june 22nd, but until then i have no income. When i was in med school i tried to buy a car but was turned down because i had no proof of income even though i had enough savings for a down payment and any monthly payments. So will the fact that i am now graduated and have a contract starting june 22nd make a difference or will i have to wait until i start working. Id prefer not to wait since i actually have time to look now but wont have much time once i start working. Thanks. |
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Replying to: bamadawg4 (Mar 28, 2009 1:52 pm) |
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Replying to: bamadawg4 (Mar 28, 2009 1:52 pm) Just a thought, but is there anything so pressing that you can't wait just three months? You could spend the time in between deciding exactly what you want so it will take practically no time at all in making the actual purchase. tidester, host SUVs and Smart Shopper
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Replying to: tidester (Mar 28, 2009 7:22 pm)
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Replying to: bamadawg4 (Mar 29, 2009 1:30 pm) That would be a strong incentive to shop now!  tidester, host SUVs and Smart Shopper |
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Replying to: bamadawg4 (Mar 28, 2009 1:52 pm) Just be upfront with the dealer when you go shopping. |
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Replying to: bamadawg4 (Mar 28, 2009 1:52 pm) 1. Hire date 2. Position hired for 3. Full or part time 4. Starting Salary 5. Point of contact Take that, a copy of your college degree, and a copy of your checking and savings account statement. Assuming you have any type of decent credit with at least a 640 score any Finance guy worth half of his salary can get that deal done at the captive. Are you in Georgia? |
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Replying to: lrguy44 (Aug 17, 2007 8:24 am) Does anybody have experience with this? Is it true?
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