Shakin' that a@@e !!!

orlwaysbroke

I'm after a 'modern' car (hopefully a recent Megane)- I but have a poor credit rating.

Where do I go for the best deal?

1. do I aim for Yescarcredit or whatever - are they any good/ethical
or
2. do I beg a bank for a loan

Any views gratefully received.

:beer:

Xbigman

You'd be best off buying a cheapie and slowly upgrading over time. You can try your bank but you might find that rates are high. But it would give you flxibility in buying a good car.
Your absolute last resort should be buying the car from a company that also provides sub prime finance. Overpriced car plus overpriced finance is a nightmare.
Regards



X

Phoenix79_2

How much money do you have saved?

Is your poor credit history down to not having a credit record or missing payments in the past?

immoral_angeluk

A bank is unlikely to help if you have a poor credit score. We were in exactly the same situation with bad credit and no savings to get a new car when our old one died a dramatic death (and needed a car to get to work!), so we ended up going to Ucan car credit (sigh) and got a finance deal with Welcome car finance at 24.1% apr :eeek: (good for us as we were expecting much higher and their typical apr was 29.9..). I know we'll be paying more in the long run BUT we now have a safe reliable car and with a toddler and another on the way that was all that really mattered.