Can u really get into a car with no credit or down payment

Johnny Burgess | Sep 6, 2018 | Category: Kia dealer

Dutch Miller Kia of Charlotte - All questions

Address: 7725 South Blvd, Charlotte, NC 28273, USA

Nate Wolf | Sep 5, 2020

YES you can. It's ultimately up to the bank. But some banks or credit unions do approve financing of a vehicle with no credit or down payment. It depends on the vehicle. However, the bank may ask if you don't have a down payment are you able to make the payments that the bank will offer to you? Even $500 down will help to make the bank more confident in your ability to pay the loan. Often times customers may be willing to make a high car payment, but the bank will not allow it because they would rather you save up for three-payments and then put a down payment. So, if you saved up you would have $500 to $1500 as a down payment. AND REMEMBER, in most cases you don't make your first car payment for 45-days! So you should be able to put "something" down as a down payment since you should be able to come up with your first payment up front, right? Every little bit helps.

Lawrence Dorfman | Sep 6, 2019

Yes but I would put something down for a better rate.

Ashley Dalton | Sep 6, 2018

I had pretty low credit and only put 200 dollars down. They will say it looks better for the banks to put something down...

londa craig | Sep 6, 2018

Right i Worded it wrong but they will h Elp anyone thst trying to get a car

Kasie Rose | Sep 6, 2018

With no credit you might have to put some money down. With good credit you will not have to put anything down.

Aura Agape | Sep 6, 2018

They have different programs. Just go see what they can do for you.

Tana Smith | Sep 6, 2018

My husband and I got our vehicle in December and with the rebates we didn't have to make a down payment

donna latimer | Sep 6, 2018

That I'm not sure about I doubt that but your credit doesn't have to be great and I'm know you need a down payment

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