There is a show called MythBusters on Discovery Channel where Adam, Jamie, and their team conduct cool experiments to judge whether a certain popular myth is confirmed, plausible, or busted.
Jamie, Adam, and the whole MythBusters team would have a lot of work to do in the car financing field…
Let’s take a look at 3 most common myths about vehicle financing for people with less than perfect credit.
First one:
I can only get approved if I make a down payment
BUSTED! Whether you’ll be approved for $0 down or you’ll have to make a small down doesn’t depend solely on the credit per se. It also depends on the vehicle you’re looking to get. There are many vehicles available with $0 down for people in all credit situations.
Next myth…
I will get an older vehicle
BUSTED! On average, vehicles purchased by people with non-existent or less than perfect credit are only 2.8 years old. It’s just cheaper to pay a couple dollars more per month and drive a vehicle you don’t need to repair daily. A couple dollars extra per month gets you a safer & more reliable vehicle with a warranty.
And the final one…
My vehicle selection is limited
Our dealers have access to over 5,000 vehicles. After you’re approved, you can pick any vehicle you want.
BUSTED!
Get approved with $0 down and pick your next vehicle!
http://www.NewCarCanada.ca/Select-Vehicle
Mark