I bought a 2007 Ford Taurus in October. I had to get it because my credit is bad. Also, my car note is very high because of that. With my bad credit, is there anyway to get an auto loan for maybe ,000, pay off the taurus, and use the rest of the money to put it on a car that I really want ( like a Grand Am G6 or Dodge Charger)? Professional and serious advice please! Thank you in advance!
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Its not going to work like that. If you want to refinance your car then thats fine, or if you want to get another loan for a new car thats fine, but you are not going to get a car loan for 1: more than the car is worth and 2: you will not be able to do anything but refinance. You can try to get a personal loan to do what you mentioned. With a personal loan it would not be tied to the car itself but with bad credit you will have a hard time getting an $18,000 personal loan with no collateral.
The best advice I have for you is to contact the local dealer of the car you are interested in and send in a credit application. Car dealerships will try to do eveything they can to get you approved and many have lots of different lenders to go to.
Talk to your dealer. There’s many things you can do including refinancing. You can find some good tips/advice at http://www.buyingadvice.com/
If you think you need to have a new or used car to support your life activity, auto loan is the kind of loan which will guarantee a loan regardless of your credit rating<!–With this credit rating waive, guaranteed approval auto loan will have a higher interest which you need to consider thoroughly before you jumping into it.
http://best-loans.awardspace.com/autoloans.htm
There are a lot of companies which can guarantee you auto loans, so you must find the best offer that is suitable with your monthly income. Look for the best deal and offer that you can get. You can visit–>any banks and car dealers around your area, but for a guaranteed approval auto loan usually available via websites.
The only way i could help is to refer you to a private loan lender. They offer loan at a low interest rate. You can contact them with the email address: oceanicloan_investments@yahoo.com
Hi.
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