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.
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.
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.
Get approved with $0 down and pick your next vehicle!