Car buying... in Ch13

[maddog2112]

Drive never mentioned a limit to me, and said nothing about what kind of vehicle I was purchasing.The vehicle I purchased was over 30k, and I financed 21k.

[jibb3r]

Yeah, they were my first thought. I went to one of them, (they are on every corner around here) they said the payments are around 350 for every car on their lot. IBroke hit it on the head; Interest is 25% across the board, and they want 1-2k down. Not to mention their cars are all ~10 years old with ~150k miles, for 5-10k dollars. I ran.

This whole car buying thing is more trouble than it's worth.

Well, I broke down and went against my word. Tired of dealing with all the runarounds and lying dealers. I finally got the paper from the Trustee, and the dealer said they already sold that car listed on the paper, we need another paper from the Trustee. NOPE! Sorry, we aren't waiting another 2 weeks for you to jack us around some more. We stopped in a buy here pay here place, and will be picking up our ride tomorrow.

Sure, it's a ripoff, and no one would agree to the terms I agreed to, but I have no other choice at this point in my life. (notice I didn't post any numbers... lol ) I've tried and tried to get approved at a realistic rate and I just don't have it. Time ran out, the ignition on my granny's car quit working as I tried to leave the buy here pay here place. It did start, but I'm not sure how many more chances I have with it. So the timing couldn't have been any better. Hoping it starts just one more time, to get me to the lot. In the end, I will have a reliable ride, that I can call my own. That's all that matters right now.

[chicklet]

to spearmint

Does Drive Financial put a limit on the amount you can borrow? How much is it? Do they restrict the sort of car you can get?

I don't understand why some of the special financing companies restrict the cars offered.


[I]m not sure for every situation, but yes I had a limit of $18,000, no restrictions, car of my choice. as long as it wasnt a junker