They will get you into a car even with poor credit. Your interest rate will just be very high. We bought a truck 2yrs ago with horrible credit. We had 4k down. Just got another vehicle with only 500 down. This time our credit was a little better.
With poor credit most likely you will need more than 2000, but as previously stated it depends on the vehicle your trying to buy. Example: 19000 car with 540 credit score had to have 4000 down on a 2007 model. All that being said they want to put you in a car and will work with you as much as possible.
No, we have had numerous people buy a car with no co-signer and subprime credit. In fact, we have a bank that doesn't base the approval decision off of your credit score. Our bank bases the approval off of your ability to pay. So we evaluate your income to determine whether it is affordable or not. With that info we can get approvals the same day! - Mike Dangerfield, Internet Manager @ Automaxx
No come see me Eddie young at Automaxx Summerville
I wouldn't think that you would have to but it probably depends on what type of vehicle your trying to buy...your credit score may play a part also
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