Frequent Contributor
Posts: 305
Registered: ‎04-26-2012
Re: New member here, need autofinancing

llecs wrote:

Likely none. There might be some places out there that can finance you with a very high down payment and a high interest. But in the end you might end up paying 30-40% more than the car is worth. I'd take the $3000+++ you'd have to fork out for a down payment and use that for a used car. Then I'd focus on repair. In 3-4-5 months or whenever then you can get financed at a lower rate with less down.

I agree 100%.  Sell your wife's car for whatever you can get for it (provided you don't still owe), scrape together whatever money you can, and buy a used car that will get you from point A to point B.  Then, work on your credit until you are in a position to take out a loan.  This site is WONDERFUL at helping folks get their credit cleaned up.  With some hard work, a little luck, and a lot of persistence, you can do this!