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Poor Credit Rating Car Finance

ca7csu
ca7csu Posts: 30 Forumite
Hello, I am trying to buy a newish car and want to get a decent deal on car finance, however I was a bit foolish 2-3 years ago with my finances and got my self into a pickle. I negotiated a repayment plan with them all and I am able to make repayments with no problems. I was knocked back 18 months ago for car finance with a dealership. Other than Yes car credit etc, is there anyone that can help me out?

Chris

Comments

  • kurjam
    kurjam Posts: 1,342 Forumite
    welocme finance will probably say yes, they say yes to most people but the apr is high !!
  • nomoneytoday
    nomoneytoday Posts: 4,871 Forumite
    Part of the Furniture 1,000 Posts Combo Breaker
    The foolishness 2-3 years ago is coming home to roost. In this current climate it will be harder than ever to get a low price loan without either manufacturer/garage backing...
  • Don't do it mate.

    You'll be paying interest at a high rate on depreciation.

    Buy a car as something to get you about - it's not a time to buy a newish car.
  • C32AMG
    C32AMG Posts: 96 Forumite
    Buy a cheap car you can actually afford.
    Savings - £18,500 @ 5.22% Average

This discussion has been closed.
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