With the help of Kelley Blue Book we pick ten affordable green new cars for no credit auto loans
Keeping it affordable
Bad credit doesn't mean it isn't possible to finance an environmentally-friendly new car with a problem credit auto loan.
But even though we rarely get asked this question, it is something you should consider since being green also means you'll save on fuel expenses – something we think you should consider as we've spent nearly twenty years in bad credit car sales here at Auto Credit Express.
We'll also show you why a tote the note dealer can do nothing for your credit scores and we'll cover the bad credit auto loans process so you can avoid many of the mistakes that can result in repossession.
But once you're approved, the car you choose can make a big difference, since the costs associated with bad credit auto loans are higher than those of a typical car loan.
Kelley Blue Book
This past spring, Kelley Blue Book came up with a list of the Top Ten Green Cars for 2011. And while the vehicles on the list certainly deserve to be there, only a couple of them were affordable for most bad credit buyers.
This got us wondering about what this list might look if we tailored it to credit-challenged buyers. So we did some research and came up with a list of our own.
In order to make our list, a vehicle had to meet three requirements:
1. Achieve at least 25 mpg in city driving, 33 mpg on the highway and a combined 27 mpg overall (based on EPA mileage figures)
2. Come equipped with an automatic transmission
3. Have a retail selling price (MSRP) under $17,000 before taxes and fees
Top 10 Green Cars for a Bad Credit Auto Loan
Mileage figures are listed as city/highway/combined with the retail price next and, finally, its EPA “Carbon Footprint” rating (the lower the better).
#10 2011 Nissan Versa 1.8S Hatchback, 25/33/28, $15,920, 6.7
#9 2011 Chevrolet Aveo5, 25/34/28, $15,010, 6.7
#8 2011 Chevrolet Aveo sedan, 25/34/28, $14,860, 6.7
#7 2011 Mazda Mazda2, 27/33/29, $15,775, 6.5
#6 2011 Kia Rio sedan, 27/36/30, $15,690, 6.2
#5 2011 Hyundai Accent GS hatchback, 27/36/30, $14,445, 6.2
#4 2011 Honda Fit base model, 28/35/31, $16,650, 6.0
#3 2011 Toyota Yaris base hatchback, 29/35/31, $14,515, 6.0
#2 2011 Ford Fiesta S sedan, 29/38/33, $15,090, 5.7
#1 2011 Ford Fiesta SE sedan w/SFE package, 29/40/33, $16,885, 5.7
As we see it
These cars are not only affordable to problem credit auto loan buyers; they're also environmentally friendly and can save you money on fuel costs.
We also suggest you try Auto Credit Express, where we've helped thousands of people with bad credit find a dealer that specializes in approved auto loans.
So if you're serious about getting your car credit back on track, you can begin the process right now by filling out our online car loans bad credit application.