when you have no credit yet but need a car where do you look?

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  • Anonymous
    1 decade ago
    Favorite Answer

    try the small used car lots you see on every corner, a lot of them handle their own creit :)

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  • 1 decade ago

    If you are going to finance and you have no credit, you really only have 2 choices. 1. Get someone to co-sign for you on a standard bank or credit union loan. 2. Go to a place that advertises buy here-pay here. If you go with choice 2 beware of some things. They are going to charge you a terribly high interest rate. They are also only going to have used cars so if you are looking for a new one, they won't have any. Lastly, some of those dealers also hold the title until you have paid them in full. In a lot of states it is illegal for them to hold the title, but it is not enforced.

    Hope this helps.

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  • 1 decade ago

    Most car lots will finance a person with no credit over a person with bad credit. They may ask you for a co-signer. There are a lot of banks that will finance cars also. Check with local credit union - they tend to have better APR's than regular banks! Good Luck!

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  • Anonymous
    1 decade ago

    Look everywhere and ask questions! Lots of dealerships can find a way to get you a car when you have bad or no credit! Shop around, tell them in the beginning you have no credit---and they will work with you.

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  • 1 decade ago

    Look for the mom & pop dealerships. Established ones, not those shady seedy ones. Dont look at "Drive Time" They say they offer credit based on employment, but you pay them on your pay days, not monthly. I just got a new CRV from a small dealership here in Austin, made sure to have a good down payment though.

    Hope this helps a bit.

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  • 1 decade ago

    If you have NO credit (versus bad credit), you shouldn't have much trouble ... provided you have a job that will cover the payments.

    Almost all of the major manufacturers have programs for First Time Buyers ... check with your local Ford and Saturn dealers.

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  • 1 decade ago

    In a parking garage. Sometimes people leave their keys in the ignition by mistake.

    Thats pretty much your best bet. Let us know how it works out for ya!

    Or, you could start saving money for a down payment. Pay your bills on time, and thusly qualify for a loan in due time.

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  • 1 decade ago

    look at cash cars, unless you have a co-signer.

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  • Anonymous
    1 decade ago

    Relatives, close family friends and people at church.

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