I want to buy a used car for $8500. Will need to finance part of the cost?

Trade-in is about $3500. I will pay $2000 cash. I need to finance about $3000. Can I also finance the car sales tax, tag/title/registration costs?

I claimed bankruptcy 2 years ago. I have had excellent, credit and no debt since that time. I have visited some "second chance" car dealers and don't trust them. I prefer to buy from a dealership with a certified warranty. The dealerships have a "second chance" program. I may also go through my bank. Would there be a big difference in interest rates? Thank you.

I filed for bankruptcy about 12 years ago with my ex-husband. He was divorcing me at the time. I needed to purchase a car 2 years later. I purchased a used car since I couldn't really afford a new car. I paid $7,000.00 plus $2,000.00 down. Because a bankruptcy stays on your record for 7 years, I had to pay 13% interest at the time. I had no choice because the bankruptcy was still current.

I needed a car and was at their mercy. I went through a Toyota dealership. But, after having the loan for five years, yes, that is long, I now have the best credit in the world. I haven't purchased a car as of yet, but know my interest rate will be the current rate. I have a credit score of 790. So, you may have to pay now, but it will get better and behind you.

Just find a card for the $5,500 that your trade-in and cash will cover. Then you have zero problem.

I recently financed my car through Capital One where I have a card account. The monthly payments are really reasonable. You can also get financing through the dealership or perhaps try your bank to see if you can get a personal loan, Citifinancial seems a good resource. Also, make sure to negotiate, negotiate, negotiate. The dealerships act as if they can't reduce their prices but they absolutely can. I got them to go down on the amount of the car I purchased.