Do you always have to put money down when financing a vehicle after bk? Is that the norm? And how much? I am just trying to prepare!!
When we purchased a vehicle for my wife a few weeks ago they asked for $1700 down. This was just before our 341 meeting. I believe it's usually 20-25% percent, but YMMV. Me personally, I would love to finance with no money down. The odds are against free off a chapter 7, but I'm going to do my best.
20-25%? Great Caesar's Ghost! Guess I'll be on my bike.
I am going to try a Cap 1 blank check. I financed a car through them awhile back and it was paid satisfactorily. Maybe they will give me a chance. Where did you get financing through?
I forgot the name of the company. It was less than 20% because the vehicle was $20K I believe and we got $1K for a trade in and paid $700 in cash.