New Car

[mom2dpc]

We filed chapter 13 in November of 2008. We were discharged almost 6 months ago. We just bought a new car on Monday. I was prepared for a huge finance rate. We got 8.9%. Not great but not horrible. We bought a 2014 Ford Focus SE. Traded in our gas guzzling 2003 Ford Taurus. We wanted a car with a payment we could afford. Plus our Taurus was costing us too much on repairs.

Chrissy

[AngelinaCat]

Congrats Chrissy. We also got a loan that was about 4% but we were about 4 years from our BK, and the first dealers we went to, insisted on trying to finance us, even though we told them up front that we would only deal with our CU.

The three big name auto places in our community are all owned by the same family. It's a monopoly. We looked for a vehicle in all three places, and all three did 'hard pulls' on our credit, even though we told them NOT to. We went to an independent used car dealer that we knew and had done business with before.

As far as I am concerned, the family owning the three dealerships are crooks.