Bad credit question. Car car and loan sales representatives please answer? ok. this is actually the deal. i, like numerous others, got crushed if the US housing bubble burst many years ago.
i filed chapter 7 bankruptcy 4 years back. ever since then i have restarted a new job to my life and spend my bills and work out a lot more than I did so prior to. but my credit continues to be screwed for the next 6 years or more. this is the back ground. now this can be a concern. Can i get a motor car finance with this specific situation: I wish to get yourself a mini cooper S. 2011. it really is approximately 25,000. mini, which can be owned by bmw, does an appealing financing (I do believe it is called motorist option) where i spend the initial 36 months comparable to lease re payments and then you definitely obtain a car that is normal to cover the significantly lowered (due to 36 months of payments) rest cost. now we have like 15,000 in money. employing their payment calculator thing it states with placing the maximum of 10,500 down I shall spend like 48 a for 3 years month. this could offer me personally a lot of time for you to conserve enough to simply spend money for the rest loan by the end of three years if I would like to do this or simply obtain a conventional loan for the remaining.