Borrowers with bad credit would do well to choose one of these affordable cars – vehicles that are also fuel efficient and inexpensive to insure – if they’re buying new. Opting for the shortest loan term possible, once they’ve reestablished their credit they’ll be in a much better position for their next loan.
December is typically a good time to buy a new car since manufacturers are set on attaining their year-end sales goals. Buyers with a trade-in could also benefit from higher than normal used car values, so it looks like this month might be a good time to trade in that old ride on a new one.
Before choosing a small car, credit-challenged borrowers might want to check out the latest “best and worst” list from Consumer Reports.
You know that you’ll get a good deal if you wait until the end of the year to buy a car, but how do you get a GREAT deal?
You’re looking for a good deal on a new car, and you’re pretty sure that the best deals on everything happen on Black Friday. But are these deals going to be as good as the ones that will be offered at the end of December?
When given the choice of financing a new car, we suggest that buyers with credit issues choose an affordable compact or subcompact – vehicles that are also fuel efficient and inexpensive to insure. Opting for the shortest loan term possible, once they’ve reestablished their credit these consumers will be in a much better position for their next loan.
Especially if your credit scores are less than perfect, the smart thing is to look for in a new car is a best buy. Checking out the list of vehicles from Consumers Digest can help steer you in the right direction.