my wife and I went car shopping a few weeks ago and we went to a Chevrolet dealership and a Ford dealership. Both of these places told us that with my income and my wife staying at home, that unless our credit improved over the next six months to a year, that we would not be able to obtain a reasonable interest rate. They told us that 14% and maybe even down to about 12%, depending on the model and the year and the miles, and all that, was about the best that we were going to be able to get. I read an article about Buy Here, Pay Here Dealers that was very informative and definitely turn me around from the idea of thinking that I would use a dealer that had in-house financing. After using the two sources that the author recommended, to my surprise I was able to get financed and only 9% interest. Now, 9% interest is high to some people but, in my position it was a really good deal.

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