The tools offered by both the NHTSA as well as Carfax should help car buyers and owners, including those with less than perfect credit, by ensuring the vehicles they drive or plan on purchasing are as safe as possible and subject to no open recalls.
The minimum qualifications for a subprime car loan include meeting some basic income, employment, repossession, bankruptcy, reference, driver license and age requirements.
The good news is that, on average, wholesale prices for compact cars dropped 1.1 percent in December. Manheim explains that the reason for this price drop was consumers moving “to CUVs and mid-sized cars.”
Through vehicle cloning, used car fraudsters have found yet another way to separate unwary buyers from their hard-earned cash. This trap can be avoided by following the tips supplied by the NICB and also remembering that “if a used car deal sounds too good to be true, it probably is.”
In addition to growing older and improving their FICO scores, consumers can save on their car insurance premiums by limiting both the number and types of claims they submit to their insurers.
We take the Kelley Blue Book 2015 Best Resale Value award winner list and slice and dice it to come up with the best vehicles for consumers who are credit-challenged.