Oh yes, another "will I get approved?" thread 
I've been waffling about financing for a long time now. I really want a car but don't want to be denied. I finally wrote down on my calendar that I'm going to try on April 30th.
Credit score is 650.
Have a bankruptcy and a repo from 2007
And a few other smaller things, but nothing bad in the last 2 years.
$5000 down. Looking at a 20-25k vehicle.
55k income. Have 2 credit cards with less than 15% balance, and those are pretty much all I have going right now outside of the bad stuff from a few years back. Renting, so no mortgage or anything.
I'd like to think that with $5,000 down, it would be cake. That would be nice, as I'm currently in a rather sad 1998 VW Jetta. The dealer states they work with poor credit.
Thanks for the reply I don't mind a high interest rate (I might regret saying that) as long as I can actually get approved and start rebuilding credit.
If you can wait until the repo falls off you won't have to pay crazy rates... even if you can wait 6 months, do a secured loan and pay it off for 6 months to re-stablish positive installment history... your rate on the new car will thank you.
Otherwise, I'm sure you can probably get approved at the dealership, especially with DP and trade in.
FICO 8: 
Goal: Gardening!
Goal: Gardening!