if you have bad credit and only have 3,000 and want to put a down payment on a car can yo do it without going to a bank?

Asked by May 30, 2014 at 12:09 AM about the 2008 Dodge Charger R/T

Question type: General

3 Answers

34,995

Yes, but your going to pay through the nose in interest.

1 of 1 people found this helpful.
22,935

you can do it through the dealer, but they just go to a bank, so no- the banks or credit unions are the only ones who will loan money- and they will not loan to people with bad credit- if you find someone who will float you a loan on a used car, with bad credit and not going to a bank- you are dealing with a crook-

34,995

There are loan companies that the dealers work with for people who have bad credit like you. But you will pay 2 or 3 times the interest rate of someone who has good credit. In they eyes, your a big risk! Let's face it, you are. However here's a good chance to start to repair your credit. If you can get the loan be regular with your payments. If the payment is due on the 15th put it in the mailbox by the 10th. Read the fine print. The late fees are high and complicated. Good luck. Oh one last thing. Be sure you can afford the payment. You don't want to have to move into moms basement.

Your Answer

Charger

Looking for a Used Charger in your area?

CarGurus has 27,920 nationwide Charger listings starting at $1,650.

ZIP:

Dodge Charger Experts

  • #1
    Supanovah
    Reputation
    2,220
  • #2
    Willie Francis
    Reputation
    2,130
  • #3
    Tom Demyan
    Reputation
    840
View All

Related Models For Sale

Used Dodge Challenger
248 Great Deals out of 21,415 listings starting at $6,999
Used Ford Mustang
767 Great Deals out of 42,668 listings starting at $1,300
Used Chrysler 300
364 Great Deals out of 16,766 listings starting at $1,000
Used Chevrolet Impala
598 Great Deals out of 34,726 listings starting at $1,250
Used Jeep Grand Cherokee
886 Great Deals out of 71,728 listings starting at $995
Used Chevrolet Silverado 1500
2,128 Great Deals out of 183,037 listings starting at $1,898
Used Chevrolet Corvette
246 Great Deals out of 22,203 listings starting at $2,500
Used Honda Accord
1,046 Great Deals out of 63,028 listings starting at $999
Used Ford F-150
2,232 Great Deals out of 183,025 listings starting at $1,500
Used Dodge Durango
279 Great Deals out of 20,488 listings starting at $999
Used Nissan Maxima
324 Great Deals out of 23,728 listings starting at $1,550
Used Chevrolet Tahoe
642 Great Deals out of 36,956 listings starting at $1,800
Used BMW 3 Series
1,052 Great Deals out of 31,679 listings starting at $1,000
Used Dodge Ram 1500
412 Great Deals out of 10,668 listings starting at $1,500

Used Cars For Sale

2017 Dodge Charger R/T For Sale
5 Great Deals out of 1,790 listings starting at $22,750
2016 Dodge Charger R/T For Sale
44 Great Deals out of 881 listings starting at $18,499
2015 Dodge Charger R/T For Sale
9 Great Deals out of 235 listings starting at $20,137
2014 Dodge Charger R/T For Sale
11 Great Deals out of 436 listings starting at $14,995
2013 Dodge Charger R/T For Sale
7 Great Deals out of 204 listings starting at $13,895

Content submitted by Users is not endorsed by CarGurus, does not express the opinions of CarGurus, and should not be considered reviewed, screened, or approved by CarGurus. Please refer to CarGurus Terms of Use.