How to buy a car with Bad Credit. Car buying Tips

Buying a car with bad credit can be very frustrating. But with the right knowledge and game plan, you can use a car loan to catapult your credit score thru the roof. I love to help you buy a car with all my car buying tips.
▬▬▬▬▬▬▬▬▬▬▬▬▬
▬▬▬▬▬▬▬▬▬▬▬▬▬
SUPPORT THE CHANNEL using this link every time you buy on Amazon
▬▬▬▬▬▬▬▬▬▬▬▬▬
📲 Text Me: [phone] I'll keep you in the loop of all things Chevy Dude
▬▬▬▬▬▬▬▬▬▬▬▬▬
▬▬▬▬▬▬▬▬▬▬▬▬▬
FOLLOW ME:

#Chevrolet #Louisville
You can now find me at my own dealership in southern Indiana. My wife and I started Mike’s Car Store Located in Georgetown, In. Where Buying a Car Doesn’t Have to Suck™

We specialize in Late model Used cars for all types of buyers. If you have challenged credit we can definitely help you and ensure you don’t get scammed or pay too much. If you are a cash buyer or have excellent credit we will be glad to help you as well.

[ChevyDude]

I can help you save thousands of dollars on your next car purchase with my Auto Car Buying System. AutoCarBuying101.com Sign up for my next webinar and I will show you how to do it. (This is NOT stuff I share publicly)

[bumpylump]

I used 3000 down to get a 26, 000 loan. 520 credit score . If the financing manager wants you to have it they will find a loaner for you. May take few days but it will happen. Just don't go in with no job or source of income. That will get you turned around in less than 30 minutes.

[leir]

Best thing you can do when trying to buy a car with bad credit is to get a pre-approval through your own bank. The dealership wanted to finance me at 14% interest but I had a pre-approval from my own bank at 4% interest and this is with a credit score of less than 600. Made about a $200 per month difference in the payment

[robertratcliffe]

I always secure a pre-approval from a credit union or bank BEFORE I shop and that takes the dealer OUT of the financing piece. It’s their job to find me a car, not find the bank to pay for it.

[bananananapb]

I have gotten denied car loans from my bank and the credit union that I use, so I have no choice but to finance a car at the dealership. Frustration ensures🙄

[nmajors]

Do not give your information to any dealership unless you really want them to run your credit even if they say they won’t run it until you say. I had this issue from two dealerships in one day lie and run it to dozens of banks at the same time without my permission and rack up a bunch of inquiries and it does hurt your score because it makes you look desperate to banks long after that time frame.

[timpetitpas]

I’ve been working on my credit score for many years and have finally gotten it up to 799. And now looking to buy a car

[SeanBaker]

I had jank ass credit back in the early 2000s. It was all my fault, cuz I didn't know or want to know any better. I got a nice high interest rate on my Taurus back in 05. I paid it off and learned and turned things around drastically!

[yasharahlakgmshumblework]

Bottom line come with some money down at least three grand if you have bad credit. Because they're not going to deal with you too much if you don't line the pockets

[jkroundumup]

😂 he killed us with that first comment but he’s completely right 🤣 and NO credit karma is horrible haven’t used them after the first time I checked my credit

[lucyloo]

I love your videos! My husband is a service advisor at a Chevy dealership and he says I could probably get hired I’ve learned so much watching your video haha!

[kabloosh]

In all honesty, the best thing you can do is not buy a new car. Go used, and it is probably going to be a beater machine. Even if it is a thousand bucks and only lasts a year that is still going to be cheaper than a 300-500 dollar a month payment. The average new car loan from what I hear is around 500 bucks a month. You can get a pretty good car for 6000 dollars that will last you more than a year.

[jesselocs]

How true is it that it’s best to buy a car at the end of the month because dealerships have sales goals for the month?

[dianes]

This is amazing information being shared.
Just as important is how it's shared.
Superb on both counts.
I won't get into what I'm going through but I need to make sure my husband is secure.
You saved me so much mental and physical stress on my body alone, I'll be forevermore grateful. 🥰

[kelseeyvibes]

Literally sitting here watching all your videos 🤣. Loving this! First time car buying is def scary I don’t want too be bamboozled

[davidmcnew]

I watched all your educational videos before I went on my last purchase. Did market research, and followed your advise. It helped alot, thanks

[toolivepee]

Credit score 650 income 1800 and needing a co sign with no recommendations should definitely secure you for anything because a credit card isn’t a car. No one is going to understand that and it isn’t fair. Banks should be smarter. Everyone isn’t the same.

[ConductorDon]

Obviously if you can only put down a small amount, you will probably just have to accept less than what you want. I've wanted to be able to buy a brand new Silverado since I was a teenager in high school. I don't have negative things on my credit, I just don't have a long history and therefore not enough time to build a really high score. I paid my Fusion off back in 2019, and had made all 60 payments in full and on time which had helped me some this time around. Anyway, I worked my ass off for nearly 2 years, pulling loads of OT, and doing second jobs to save as much as I could. Despite only having a roughly 660ish score, I was able to get a loan on my Silverado at a 5% rate because I managed to save enough to put down 50% of the cost of the truck. I know that's not as awesome as paying cash, but I'm still pretty proud of myself TBH. Now I get to drive a 55k truck while making Honda Civic level payments while most other folks are paying 600-800+ a month on theirs.

[kendrickl]

My girl needed a bank statement and stub last week and I was worried about her loosing her not getting her car loan 😴 but everything good now only because of deelscafe good work 👍.

[dylogyx]

Very good info 👍🏻 the only thing I would clarify in this video is the part about getting your credit ran multiple times. The credit bureaus will see several credit checks for the same reason within a short period of time, and they will consolidate all the inquiries into one. Speaking for personal experience and literally watched this happen on my credit report. Lastly, why waste my time shopping other dealers? Well I like to get the best price, so yes it is worth my time shopping around if it means saving thousands. All the other info in this video was very helpful 👌