1996 Acura MDX General Question

Hello Patty, Well our family needs a new car and we only have 1000 dollars in our account. Our credit is pretty bad but our income okay. We need a car for our four kids what should we do. How do we negotiate with small amount of money? My husbands job just cut down his hours and we need a car for the family . Any advice on trying to close a deal?

Posted May 23rd by Shell the owner of a Acura MDX family car, mini van, sedan, acura, low down payment

Answers from the Automotive Experts

You are going to have to shop very carefully, and should expect to pay higher interest rates than a buyer with excellent credit. Consider a Used Car dealership specializing in sub-prime lending. Your bank or credit union can also run your credit report and assist you with a pre-qualification on a car loan to give you an idea of what you can afford to spend. If you own a home, you may be able to use a home equity line of credit to help with your financing as well. Good luck.

⟩ Answered on May 27th, 2009 by Brandy Schaffels, Editor at AskPatty.com, Inc.

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