Getting a New Car Despite Low Credit
Getting a New Car Despite Low Credit
Getting your hands on a brand new car is now easier if you are an auto manufacturer’s employee or if you have relatives or friends that do. According to Auto Credit Express, there are plenty of car discounts you could take advantage of even if your credit status is not so brilliant.
Auto Credit Express is adept in these kinds of discount transactions because they have been a strong aid in providing automobile buyers with tainted credit. In fact, their website includes a section that answers most asked questions that consumers have about online car loans bad credit, and they have been at it for about 20 years now.
The cost of new cars are very expensive nowadays that people with less than average credit tend to settle for second hand cars with low interest rates. Unfortunately for them, they had no clue that they could apply for an automobile loan for a new car that would cost them as much.
You can apply for the A-plan, S-plan or X-plan if you are a Ford employee, or if you are a retired employee or a friend of a retired or currently employed Ford employee. If you or your friend is a current Chrysler employee, or if you are retired or you work for one of its suppliers you can avail the Employee Advantage employee purchase, friends program or the affiliate company program. The GMO or GMS is available for GM employees or their retired employees, you can also avail the discount if you are from one of its preferred supplier company or a friend of an employee from that company.
Most of the time, car buyers are allowed to get a discount of the price of a new car for an even bigger saving for the purchase, however even if you qualify for the program, that does not mean you can use the discount you earned.
Sometimes, you have to follow loan approval guidelines you must follow. The lender will be the one to determine your budget for the car, and the interest rate you will have. It is then up to the deal which cars you can get. But then again, a new car is way better than being stuck with a second hand car loan deal.
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Filed under: auto loans • bad credit • car loan • credit cards • Credit Score
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