Finance a Car With No Down Payment
If you want a $0 down approval when dealing with bad credit then you have to select a vehicle that is aligned with what the bank deems affordable. How does the bank decide your affordability? The lender considers your monthly obligations for your mortgage/rent, minimum payments on credit cards, phone bill, etc. and calculates how much percentage it takes up in relation to your monthly income.
What should be considered when selecting a vehicle? There are 2 things to consider when selecting a probable unit that will increase chances of a $0 down approval. First, you should always consider the year and mileage of the unit as it will affect the term given to you for this car loan. Second, the price of the vehicle. Make sure you do not select a unit that will give you a high amount to borrow, and fits your budget.
If you are interested in a $0 down approval, contact us at 1(866)979-2947 or simply fill out our no obligation, finance application and we'll have one of our finance specials assist you. Getting you approved for a car loan with flexible term and low interest rate is our priority!