Peter Colima asked:
I know that i have good credit history. my score is about 700 but my credit limit is only one thousand. I just recently got a new credit card that offered a limit of 2900. I am worried this low limit will effect when i buy a new car. Should I worry? What do you think my apr will be if i give a downpayment of 2-3k for approx 15k car? thanks in advance!
Answer: I think you should have nothing to worry about. But when it comes to credir cards, fewer is better. Loan officers look at credit cards as if you have already maxed them out. Here's a great place to check your car loan status: Easy Car Credit
Nissan at Auction
It all depends on who you get the loan through. If you have that good of a score then your rate will be lower regardless of the downpayment.
Auction Cars
Get yourself a nice, brand new USED CAR! You can get a decent one for the same as the down payment you mentioned, possibly a little more in repairs, but that 15k price tag will go up as well once you consider repairs.
The difference is, if you have 2 or 3k, the car can be yours and you won’t have to worry about any unsuspected money woes from month to month.
car history
i may be able to help in these kinds of situations,