I don't have bad credit or good credit I never had credit,I do have a job and I been on my job for 8 months I do need a car can I go to a dealer to finance a car and how much would I need to put down on the car?

Asked by Mar 25, 2015 at 01:11 PM about the 2009 Cadillac CTS 3.6L SIDI

Question type: General

2 Answers

You are not going to get a 2009 Cadillac CTS in your situation, that a $25,000 car. Unless you have a co-signer with good credit. Or $15,000 down. With a co-signer, maybe $4,000 down, somewhere in that area. No credit is not as bad as bad, a 500 score. But being on the same job for 8 months is a big plus for you. Also depends on your income.

1 out of 1 people think this is helpful.
290

Banks typically look for 20-30% down. If you're a recent (college) graduate, you can get a low interest loan. There are other factors that may help you. But credit is very much dependent on you and your creditors. You should establish a relationship (start with setting up savings and checking accounts) with a good creditor, such as a credit union. That could help immensely.

Your Answer

Add photo

Related Questions

Search Cadillac CTS Questions

Cadillac CTS Experts

#1 Brandon Foster
Brandon Foster
Reputation 1,160
#2 Gaetano Viesti
Gaetano Viesti
Reputation 960
#3 RushIII
RushIII
Reputation 670
View All

Related Models For Sale

Used Cadillac CTS-V
9 Great Deals out of 490 listings starting at $8,995
Used Chrysler 300
340 Great Deals out of 20,337 listings starting at $1,000
Used Cadillac SRX
323 Great Deals out of 8,431 listings starting at $2,497
Used Dodge Charger
282 Great Deals out of 26,751 listings starting at $2,250
Used Cadillac STS
47 Great Deals out of 1,067 listings starting at $2,088
Used Cadillac DTS
50 Great Deals out of 1,629 listings starting at $2,250
Used Cadillac Escalade
238 Great Deals out of 10,799 listings starting at $3,000
Used Chevrolet Camaro
154 Great Deals out of 32,676 listings starting at $1,995
Used BMW 3 Series
970 Great Deals out of 33,360 listings starting at $1,000
Used Mercedes-Benz C-Class
478 Great Deals out of 28,694 listings starting at $1,499
Used Ford Mustang
363 Great Deals out of 46,832 listings starting at $1,999
Used BMW 5 Series
495 Great Deals out of 15,200 listings starting at $1,999

Used Cars For Sale

2017 Cadillac CTS For Sale
11 Great Deals out of 3,525 listings starting at $35,980
2016 Cadillac CTS For Sale
14 Great Deals out of 1,253 listings starting at $25,888
2015 Cadillac CTS For Sale
5 Great Deals out of 403 listings starting at $17,900
2014 Cadillac CTS For Sale
40 Great Deals out of 1,343 listings starting at $15,432
2013 Cadillac CTS For Sale
14 Great Deals out of 439 listings starting at $10,997