21.49% HAHAHAHAHAHAHAHAHAAA!!!!!!!!!!

The bottom dropped out for me in 2017, so my credit is trashed. I'm surprised they approved me at all, but I'll go without before I pay that much.

I've been disputing all the baddies on my credit reports every few months and getting a few deleted, so the score is getting much better, but still sucks.

I want to retire my truck soon at 100K and get another daily, but I can do that at around 120K if I need to.

deer dairy

lol 21% .. Thats robbery

Just buy a 2013 Prius C with like 110k miles

You’ll get one for like 6 thousand

Brb zero problems mine at nearly 170k

24.9 is pretty standard. I have one lender who does 29.9 and nobody complains, because they have to pay that or they have to walk.

Imagine not paying straight cash for things. LOL

I may just used my down payment and buy a lesser car for cash, then make the payments to myself for a year, then upgrade. That's the ol' Dave Ramsey plan.

100k miles on a truck isn’t that much , why the need to change vehicles?

we should have one national bank run by the government that loans money to citizens at extremely low interest. instead of having private banks who act as middlemen who produce and create nothing and just skim off the top and get ridiculously rich without actually producing anything.

I want to keep my truck forever as a backup vehicle, so I want to have it as a second vehicle with relatively low miles, but it really isn't a necessity. Just what I was hoping for.

tfw 0.99%

woah there. usury is democracy and if you say anything against it you're a commie that hates free market capitalism

Have you tried a credit union?

you're right though, better off keeping your current ride...if it dies, buy an old late 90s toyota with cash until you get your credit straightened out.

thats insane. I need to get into the subprime loan business

Made me sick to my stomach paying 6% interest on my truck. Buckled down and paid it off in 2 years and still threw away around $5,000 to the interest.

how bad is your credit?

It's gone up from 520 to 540.

I have a ton of collections and defaulted everything. I really hit rock bottom a few years ago. I almost bankrupted it all until I got a decent paying job just in time.

Honestly, you can take it, pay on it for about a six months to a year (pay on time at least) and refinance. You might even have to go two years.

Did that with my truck. Still had a foreclosure and a credit card charge off on my record and some other crap. Thought I was getting drilled at 10.49%. Almost didn't go for it because of the percentage but the dealer dropped the price not to lose the sale. All that fell off, got my percentage down into the 4& range now. Just beware that some refinance companies try to charge you a few thousand to refinance even though they have a really low percentage rate.

I make 6 figures and have an 830 credit score and drive a 2012 F150 with 135k miles. There's no reason you need to retire your truck at 100k.

10 years ago I was in a similar situation as you wtih trashed credit. If you make good decisions around career and finance going forward you can turn it around easy.

Yes, if you're not buying for fun, you might as well just go all in on an economical car. I would rather drive this and save my money than pay 20k on a 10k loan + repairs for a mercedes that breaks down in 2 months.

Make over 100k a year and don't have a car payment crew. You don't really realize how much a car actually cost ie maintenance, registration, tires, unexpected cost from engine problems, insurance, gas, etc... What you should be doing is buy a used economical vehicle with cash under 10k. But if you want to continue being broke that's up to you.

op look at this from the outside in for a sec

"so i almost went bankrupt and defaulted on all my prior loans which destroyed my credit score, I'm now finally turning things around and want to finance a car and double the cost of my car insurance for no reason other than I want to own 2 cars."

i bought a car last week and id avoid carvana too srs, they're based out of atl so being around there gives you huge benefits. There were a couple I was looking at on there and I went and dug deep into reading and it sounds like the company just isn't quite there yet, really cool concept and the prices are definitely fair but if you run into any issues you're fcked. They haven't scaled enough to have a true support team so their supposed warranty as well as getting help with anything is a nightmare. And of course any lender that says they give loans to people with chit credit are going to have absurd rates.


but dead srs man you just started digging out of the hole why the fck would you jump back in with a new chunk of debt?

I just want a car to keep from putting more miles on my truck. I bought it new and want to keep it a long time, but it isn't really necessary. Just something I was mulling over.

Are you trading anything in OP?

nope

810 credit score
Das it

When I bought my truck, I got around 5% since my credit score was around 750 at the time.