Moderator Emeritus
llecs
Posts: 32,881
Registered: ‎08-04-2007
Re: Denied Denied Denied! Where to turn?

If I was in that situation, I'd either use the $$$ set aside for a down payment on a new motor, or if more feasable use the $$$ on a temporary beater and I'd use this time to focus on repair to get in a better position 6-12+ months out.

 

If you wre getting the HOnda, according to KBB, the price would not be over $8k for it (based on the top of the line model), or if it is, the dealer overpriced it. Usually it's very difficult to get a loan on a used car with 100k miles. Sometihng to consider in the future.