I can offord this car, but the only problem is i have no credit. i'm not gonna just pay off a brand new 06 G35 with cash. i need to get pre approved. i have 15k to put down and i know i can easily make the payments if given the chance. what should i do guys??? whats the best way to talk a salesman into giving me a loan with a fair interest rate??

 

Why not just go ahead and try to get yourself pre-approved? there are many on-line lending company around like E-loan, lendingtree...if you did that? at least you will know if you can be approve for a loan or not and what kind of interest rate you can get, if you walk into dealership and tell them they will see you as money maker of the week.

 

GO to a credit union, if they have them where you live and get pre-approved.. Or do E-Loan like stated above.. If you do get pre-approved through e-loan, they will call you to talk about your rate, etc.. They will quote you a high rate but simply tell them you were hoping for around 5.59% as that is the going rate right now.. The lady will have the application go back to the department that approves the loan and they will come back to you with a different rate.. Never go for the first rate they quote you..

No credit is ok.. But bad credit is where they get you..

 

you can also try NuVision. i got 4.9 from them. I don't know where yours will be. but it will be worth it just to try it

 

no credit or not enough credit history = no car

 

get someone wllling to co-sign for you.

 

get somone to co sign or buy it under someone else's name like a family member that has good credit...