rican
I'm 19 and in college and don't have a vehicle. I need to get to and from work this summer and am tired of having to ask for rides. I have a job, but haven't had it long and no real established credit. I am also an independent (completely separated from my family because of things they've done) and have no cosigner. Is there any way I can get a loan for a car without a cosigner?
Answer
those buy here pay here auto dealerships can get you in a car with about a grand down, however the first car you buy you usually get a high interest rate (up to 33 % ) and a short term loan (12 to 24 months) the more money you put down, the better car you get so three grand down can get a decent ride. However the hardest part is finding a good car, for the most part the dealer is not your buddy and not your freind and you cannot trust his word about one car on his lot since most used car dealers do not give warranty. (the ones that do, usually want twice what the car was worth) If you find a car you like that the mechanic oks, try to pay the principal off on the car (the amount you owe not including interest) this way that 33 percent interest does not add up so fast, I paid a vehicle off as fast as I could, you can save a lot of money over a two year short term loan this way. Sometimes you may have to get a second job to do this right, but HOW BAD, DO YOU WANT A CAR??? SOMETIMES WE DO WHAT WE HAVE TO DO. the good news is this, if you pay the first car off on time or sooner, there is no penalty for early payments, and they did not have to repo the car, they now know, you will pay them, and will be calling you, you have established credit, and the interest rate will be much better the second time around as well.
I have a few tips for buying used cars I have learned over many years, there are quite a few used car manufacturers I would not buy a car from, I am going to stick with the ones I would use first. a toyota a honda or a nissan is what you want to find, front engine, rear wheel drive stick shift are usually better. these three manufacturers have better cars, they hold up well under high mileage and they seem to run forever, if the dealer has none, try for a mazda, but honestly, stay away from front wheel drive anything, these cars generally do not do high mileage well and are much more expensive to fix. I like to test drive a used car cold, when it has been sitting overnight, open the hood, check the engine oil to make sure it is oil and not gear lube and sawdust. if its an automatic, pull out the dipstick, and check to see that the fluid is pink and clear, sniff the dipstick, if the fluid does not smell burned, and is not brown or black then this is good. with the hood up, start the car it should start easily and stay running with no banging or knocking or rattling noises, and no big clouds blue smoke. it should smooth into a high idle in the first 5 to 10 seconds. Shut the hood, get in and try to drive off quickly with a minimum of warm up time, head for a freeway, or expressway, the car should get up to freeway speeds easily without trouble, drive the car for 30 to 40 minutes it takes a good 20 minutes to warm up a car thoroughly. You want a car that runs good gets up to freeway speed easily and stops good. check all the power windows, up and down several times each all the way up and all the way down. (sometimes a damaged motor can be reset and it may work once, so always test each window several times, make sure the heater the air conditioner and the cruiese control all work, check the tilt steering the power mirrors, the power seat make sure it all works good. It is a good idea, to always take a used car to a mechanic BEFORE YOU BUY IT, NOT AFTER, your mechanic works on crappy cars, all day long, he will tell you often times not to even bring some make and model of cars in, because he works on them a lot because they are no good. if you do not have a mechanic, get one, a used car, is going to break, you are going to need one anyhow. but he can save you thousands of dollars by telling you not to buy a pile of crap of a car (and there are thousands of crap cars for sale) If your mechanic oks a car, but finds minor problems, get a written estimate and use this to help negotiate a price DOWN. if the dealer does not have any cars that interest you, then check back, or ask them when the next shipment of used cars are coming in. type www.samarins.com in your web search box, this is a website that has a ton of information on how to look for a good used car, it also has some used car reviews, and can rate cars that have good records of dependability, because after all, you do not want to spend a ton of money that you had to earn with your blood sweat and tears on a junker. best of luck it takes patience, patience, and more patience, to get a good used jewel in the sea of poop.
those buy here pay here auto dealerships can get you in a car with about a grand down, however the first car you buy you usually get a high interest rate (up to 33 % ) and a short term loan (12 to 24 months) the more money you put down, the better car you get so three grand down can get a decent ride. However the hardest part is finding a good car, for the most part the dealer is not your buddy and not your freind and you cannot trust his word about one car on his lot since most used car dealers do not give warranty. (the ones that do, usually want twice what the car was worth) If you find a car you like that the mechanic oks, try to pay the principal off on the car (the amount you owe not including interest) this way that 33 percent interest does not add up so fast, I paid a vehicle off as fast as I could, you can save a lot of money over a two year short term loan this way. Sometimes you may have to get a second job to do this right, but HOW BAD, DO YOU WANT A CAR??? SOMETIMES WE DO WHAT WE HAVE TO DO. the good news is this, if you pay the first car off on time or sooner, there is no penalty for early payments, and they did not have to repo the car, they now know, you will pay them, and will be calling you, you have established credit, and the interest rate will be much better the second time around as well.
I have a few tips for buying used cars I have learned over many years, there are quite a few used car manufacturers I would not buy a car from, I am going to stick with the ones I would use first. a toyota a honda or a nissan is what you want to find, front engine, rear wheel drive stick shift are usually better. these three manufacturers have better cars, they hold up well under high mileage and they seem to run forever, if the dealer has none, try for a mazda, but honestly, stay away from front wheel drive anything, these cars generally do not do high mileage well and are much more expensive to fix. I like to test drive a used car cold, when it has been sitting overnight, open the hood, check the engine oil to make sure it is oil and not gear lube and sawdust. if its an automatic, pull out the dipstick, and check to see that the fluid is pink and clear, sniff the dipstick, if the fluid does not smell burned, and is not brown or black then this is good. with the hood up, start the car it should start easily and stay running with no banging or knocking or rattling noises, and no big clouds blue smoke. it should smooth into a high idle in the first 5 to 10 seconds. Shut the hood, get in and try to drive off quickly with a minimum of warm up time, head for a freeway, or expressway, the car should get up to freeway speeds easily without trouble, drive the car for 30 to 40 minutes it takes a good 20 minutes to warm up a car thoroughly. You want a car that runs good gets up to freeway speed easily and stops good. check all the power windows, up and down several times each all the way up and all the way down. (sometimes a damaged motor can be reset and it may work once, so always test each window several times, make sure the heater the air conditioner and the cruiese control all work, check the tilt steering the power mirrors, the power seat make sure it all works good. It is a good idea, to always take a used car to a mechanic BEFORE YOU BUY IT, NOT AFTER, your mechanic works on crappy cars, all day long, he will tell you often times not to even bring some make and model of cars in, because he works on them a lot because they are no good. if you do not have a mechanic, get one, a used car, is going to break, you are going to need one anyhow. but he can save you thousands of dollars by telling you not to buy a pile of crap of a car (and there are thousands of crap cars for sale) If your mechanic oks a car, but finds minor problems, get a written estimate and use this to help negotiate a price DOWN. if the dealer does not have any cars that interest you, then check back, or ask them when the next shipment of used cars are coming in. type www.samarins.com in your web search box, this is a website that has a ton of information on how to look for a good used car, it also has some used car reviews, and can rate cars that have good records of dependability, because after all, you do not want to spend a ton of money that you had to earn with your blood sweat and tears on a junker. best of luck it takes patience, patience, and more patience, to get a good used jewel in the sea of poop.
Who or what do you do when you buy a used car and it's a lemon?
Patricie98
I purchased a car from a used car dealership. I believe I was sold a lemon. However, the dealership had warranty on the vehicle. I have taken the car to be fixed for the same problem 3 times already and it's not fixed. What are my options as I am paying a car note for this vehicle?
The dealership has a 10 day return contract that states if you're not satisfied you may return vehicle no questions asked.
Are there any legal actions I can take against the company? I have also noticed that they have been changing/altering legal contracts. Is there anything that can be done?
I am past my 10 day return, BUT the first time I took it in for service was within that 10 day period.
Gabriel- you seem to be helping the most. Please answer me this... Can I sue them if I'm not the only customer that has had this problem. btw that was not me who thumb-ed you down.
Answer
There's no such thing as a used car that's a lemon.
Thumbs down me if you want, unfortunately it doesn't make me any less right.
The lemon law is very specific in how it works. First off it only applies to new cars, ergo no used car can be a "lemon." Secondarily while it seems like you do get the next part, most people don't understand the rules that make a car a lemon. It has to have the same problem four times within the warranty period before it qualifies and you have to let the dealer try to repair it three times. After it breaks the fourth time you qualify for the lemon law. If it's a different problem every time it doesn't qualify as a lemon, it's just a crappy car.
As for a little more answer to your questions, I hate to say it but you're stuck between a rock and a hard place. If it were a new car you'd have some rights under the lemon law when it breaks down the next time. But, as you purchased the car used, your only real options are to sell the car or keep repairing it, thank god for that warranty, right?
If you're within your 10 day time limit, return it, ASAP! If your first service for this problem happened within the first ten days, you might have a legal leg to stand on. But, if you're outside your 10 day time limit but it will be an uphill battle.
This satisfaction guarantee is your only hope, but I think you've actually got a decent chance at fighting over it.
If you brought the problem that you're having and continue to have to their attention within that ten day period you can make a logical argument that you weren't satisfied during the ten day period. If you have a receipt from your first service for that problem that happened within the first ten days, make sure you hang onto it. If you don't have a receipt, do your best to play nice with the service dept. and have them give you one. If it goes to court, this piece of paper will be important.
Now, if you've got that receipt, let them know what you're thinking. You don't have any cards to hide. Tell them you're not satisfied and you'd like to return the car under their 10 day satisfaction guarantee. They'll undoubtedly tell you that you're outside the 10 days. Explain your logic, you've got a good case here. You were unhappy during their guarantee but you thought they fixed the problem. Unfortunately you keep having the same problem and they obviously didn't rectify the situation that was during your 10 day return period.
If that doesn't help them see the light, ask for the specific satisfaction guarantee policy, in writing. If they don't have anything in writing and it's just a big sign on the back wall, take a picture of it. If they don't have anything in writing that will make things easier for you if it has to go to court. If they've got something in writing and it's more than a couple of sentences, take it home and take your time to read it over. If you find something in their policy that looks like it's good news for you, bring it up. There's really nothing in it that could hurt you. Even if it has language that says something about "absolutely no circumstance does it apply for a duration of over 10 days . . . " you'll still have a good argument as the problem started during their warranty.
Tell them you'll report them to the Better Business Bureau (BBB.com) and follow up with that, they might be able to help you rectify the situation.
You can try to sue them but it could be a tough battle and you'd need a sympathetic judge. Your argument is all about them not standing up to their 10 day sat. guarantee. There's no law against selling a used car that needs constant repairs or runs poorly.
As for changing contracts, it all depends on what they've done. Tell the BBB about that issue too.
I'm not sure exactly what you mean by "had this problem." Like I said before, if they were just sold a crappy car, it doesn't really affect anything except you wouldn't want to buy another car from them again. If you mean wouldn't honor their 10 day sat. guarantee, then you might have something.
The legal battle might be a tough one if you had to take it to court, but it's easy to try it. You just go down to the court house and ask for the paperwork to file a law suit. It generally costs about $20-$50.
You might want to consider what other options you would find reasonable. The issue with taking the car in for repairs is probably mostly that you don't have a car while it's in, right? What if you could argue and get them to agree to give you a loaner car anytime your car is being repaired for the length of the warranty? What about getting some money back? Those are just some thoughts, the last thing they'll want to do is take the car back so if you can come up with any other options that you think are reasonable, talk those over with the dealer.
Good luck
There's no such thing as a used car that's a lemon.
Thumbs down me if you want, unfortunately it doesn't make me any less right.
The lemon law is very specific in how it works. First off it only applies to new cars, ergo no used car can be a "lemon." Secondarily while it seems like you do get the next part, most people don't understand the rules that make a car a lemon. It has to have the same problem four times within the warranty period before it qualifies and you have to let the dealer try to repair it three times. After it breaks the fourth time you qualify for the lemon law. If it's a different problem every time it doesn't qualify as a lemon, it's just a crappy car.
As for a little more answer to your questions, I hate to say it but you're stuck between a rock and a hard place. If it were a new car you'd have some rights under the lemon law when it breaks down the next time. But, as you purchased the car used, your only real options are to sell the car or keep repairing it, thank god for that warranty, right?
If you're within your 10 day time limit, return it, ASAP! If your first service for this problem happened within the first ten days, you might have a legal leg to stand on. But, if you're outside your 10 day time limit but it will be an uphill battle.
This satisfaction guarantee is your only hope, but I think you've actually got a decent chance at fighting over it.
If you brought the problem that you're having and continue to have to their attention within that ten day period you can make a logical argument that you weren't satisfied during the ten day period. If you have a receipt from your first service for that problem that happened within the first ten days, make sure you hang onto it. If you don't have a receipt, do your best to play nice with the service dept. and have them give you one. If it goes to court, this piece of paper will be important.
Now, if you've got that receipt, let them know what you're thinking. You don't have any cards to hide. Tell them you're not satisfied and you'd like to return the car under their 10 day satisfaction guarantee. They'll undoubtedly tell you that you're outside the 10 days. Explain your logic, you've got a good case here. You were unhappy during their guarantee but you thought they fixed the problem. Unfortunately you keep having the same problem and they obviously didn't rectify the situation that was during your 10 day return period.
If that doesn't help them see the light, ask for the specific satisfaction guarantee policy, in writing. If they don't have anything in writing and it's just a big sign on the back wall, take a picture of it. If they don't have anything in writing that will make things easier for you if it has to go to court. If they've got something in writing and it's more than a couple of sentences, take it home and take your time to read it over. If you find something in their policy that looks like it's good news for you, bring it up. There's really nothing in it that could hurt you. Even if it has language that says something about "absolutely no circumstance does it apply for a duration of over 10 days . . . " you'll still have a good argument as the problem started during their warranty.
Tell them you'll report them to the Better Business Bureau (BBB.com) and follow up with that, they might be able to help you rectify the situation.
You can try to sue them but it could be a tough battle and you'd need a sympathetic judge. Your argument is all about them not standing up to their 10 day sat. guarantee. There's no law against selling a used car that needs constant repairs or runs poorly.
As for changing contracts, it all depends on what they've done. Tell the BBB about that issue too.
I'm not sure exactly what you mean by "had this problem." Like I said before, if they were just sold a crappy car, it doesn't really affect anything except you wouldn't want to buy another car from them again. If you mean wouldn't honor their 10 day sat. guarantee, then you might have something.
The legal battle might be a tough one if you had to take it to court, but it's easy to try it. You just go down to the court house and ask for the paperwork to file a law suit. It generally costs about $20-$50.
You might want to consider what other options you would find reasonable. The issue with taking the car in for repairs is probably mostly that you don't have a car while it's in, right? What if you could argue and get them to agree to give you a loaner car anytime your car is being repaired for the length of the warranty? What about getting some money back? Those are just some thoughts, the last thing they'll want to do is take the car back so if you can come up with any other options that you think are reasonable, talk those over with the dealer.
Good luck
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