Why not get a car in Maine with poor credit? It’s easier than you think!
Regular banking institutions and loan providers, regrettably, refuse to extend auto loans to customers with bad credit ratings.
The Advantages of ME BHPH Dealerships
Buy here pay here car lots in Maine, however, enable buyers to purchase autos with month to month payments – in spite of their credit score. These car lots focus on income instead of credit history. If you have the ability to take care of the installments, they may be happy to disregard your credit report. That is why they’ve become more popular then ever with the present economy.
Buy here pay here financing isn’t without its drawbacks. Most notably, you will have to contend with higher APR rates. Over the years, this may well amount to a small fortune.
This is why you might want to pay for an automobile through a car lot or lender who helps shoppers who have below-average credit without charging you such steep car loan rates. Car Lots USA has combined with the premier poor credit finance companies and buy here pay here dealerships in ME to supply you with the optimal financing given your circumstances. After you submit your finance request online, advanced web technology matches you to the best dealership for you. There are zero costs, zero obligations, and zero hassles.
ME Car Payments With Bad Credit
Maine residents, on average, earn $35,129 per year. Experts recommend that you allocate no over ten percent of every dollar you make on automotive expenses. For the people of ME, this equates to $3,513. But remember, you need to think about insurance costs ($1,096 a year in ME), as well as gas prices ($2.85 per gallon as of ’08 and on the rise). This should be plenty of money to finance a used car with bad credit.
Pre-Owned Vehicles You Might Not Want to Buy
If you are purchasing a pre-owned vehicle, you might want to avoid a few cars. How come? Because these automobiles are the most common prey of thieves in Maine, specifically.
- 1993 Ford F150 Pickup
- 2001 Jeep Cherokee/Grand Cherokee
- 1999 Chevrolet Cavalier
- 2003 GMC Sierra
- 2003 Subaru Legacy
- 1998 Dodge Ram Pickup
- 2003 Chevrolet Extended Cab 4x4Pickup
- 2006 8 Chevrolet Lumina
- 1995 Ford Escort
- 1998 10 Honda Civic