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bad credit car dealerships in houston

I want to buy a car next month. I am a first time buyer and I was on my job for 2 years. Will I?

enough savings down payment. the only problem is that my mother and I spoiled my credit bad credit. anyone who can recommend a car dealership (in the Houston area) I work with? tips for a first car buyer? No idea what to do

Depending on how much money you have a down payment, I suggest buying a used car with total money you have. Largest auto dealers will be financed with bad credit, an example would be the Landmark Chevrolet. You can sell a Chevy model entry to almost anyone. The problem is that even with bad credit and a small payment, no power (that is their due). They sell you a cheap price of new cars at retail, and all of its development rate broker "and other added costs, and then because of your credit score, you will have a very high interest rate. So what does this mean? This means that when hunting luck, you have thousands of banks better car, and can never catch up. You stayed with the car until it is paid. A simple example: The payment may be $ 200 per month and $ 150 of that was just out of interest, and only $ 50 will be the amount you owe. At the same time, the car can lose $ 25 in value each month. So in a few years the car is worth $ 8,000 and you have $ 13.000 the bank. Here is a very bad idea – you get in a car accident and your vehicle is 1-2 years to achieve. The insurance company will pay the fair value market (which goes to your creditors), and hit pay the few thousand remaining $ without a car to prove it. My best advice – buy the cheapest car possible, and a shop for many. Even if you finance part of the car, finance no more than 50% of the value of the car and pay as soon as possible. So if you have $ 1,500 for down payment, the search a car for $ 3,000 and funding for the least amount of time you can. The worst thing you can do is buy a new car and be stuck with him and a note Cars for eternity. Good luck!