A down payment helps you get approved when it comes to bad credit auto loans. Plus, coming up with a down payment comes with other advantages as well.

If you have ever owned a car and been in a position where you still owe more on the loan than the vehicle's actual cash value, this is called being underwater on a car loan. And, when purchasing a vehicle, there are ways to steer clear of an underwater situation.

When they ask us can I buy a car with bad credit and a large down payment? we sometimes have to remind ourselves that, for these consumers, financing a dependable vehicle used to be much more of a problem.

Consumers that need a car but have concerns about their credit need to be familiar with some of the basic conditions that typically need to be met from most high risk auto lenders.

The economy has taken a hard toll on many people, however life still goes on and occasionally you need to purchase a newer vehicle. That can be pretty difficult when you have bad or low credit and hardly any money to set aside as a down payment.

With income tax season just around the corner there are a couple of reasons car shoppers with less than perfect credit have an advantage this time of year.

For borrowers with bad credit, a very large down payment can often offset a number of other negatives, including income that cannot be garnished. But in addition to exceeding the down payment requirements, many subprime lenders will also look at a borrower's stability, income and past credit habits before approving the application.

You certainly can use your trade-in as a down payment. In fact, it’s highly recommended you do so if you’re looking to save money on a new car loan and have equity in your trade-in.

Finding the ideal car loan down payment can be a challenge. How much you’ll need to put down depends on the lender’s requirements as well as your own finances.

If you have strong credit and make a qualifying income, you may not be required to make a down payment when purchasing a car. With bad credit, however, you can expect the lender to ask for a down payment.