get approved today
VERIFY ZIP CODE
Best Car Deals
Two types of customers: those looking for new, cheap and small -- or those going for the bling.
:: Small And Cheap, Or Older And Cheaper?
If you're looking for a used car and you have bad credit, we can help you navigate this process. We did our homework, and we found some of the best cars for bad credit history car loan shoppers:
The Edmunds.com website releases an annual report called their "Used Car Best Bets." A recent list recommended the Mazda Miata model years 2005 to 2010, the Pontiac Vibe from 2005 to 2010, the Hyundai Elantra model years 2005 to 2010, and the Ford F150 pickup truck as great bets for used car shoppers.
AOL Autos recommended any Lexus from the model years 1997 to 2002. Believe it or not, Consumer Reports had noted in its 2007 buying guide that the 1998 Lexus reported fewer issues and problems than 2006 Mercedes. These older Lexuses are reliable, and we've seen some sources recommend used Lexus vehicles that were over 15 years old.
Msn.com offers a wealth of great information regarding vehicle reliability, an important factor when looking for a used car. Their article on "Most dependable cars on the road" highlighted the Buick Lucerne, the Toyota Yaris, the Scion tC, and the Ford Fusion. A very reliable crossover in the $15,000 to $22,000 price range is the 2010 Chevrolet Equinox.
Another intriguing stat: one-fifth of all used Mercedes vehicles are sold to people who have credit scores that are under 550. In fact, one-third of all autos sold to bad credit history clients tend to be higher-end vehicles.
Having inside information can help you get the best cars for bad credit. For example, did you know the Toyota Matrix and the Pontiac Vibe are essentially identical cars, built on the same basic platform? And did you know that used Vibes tend to cost about $2,500 less than the Matrix?
Finding cars that have essentially the same drive train, chassis and engine for less is a great way to save money. For instance, there are Ford cars that have the same inner components as some of the more expensive imports -- i.e. the Ford Focus vs. Mazda 3, the Ford Escape vs. the Tribute, the Ford Ranger vs. B-Series truck. You can find Chevys in this category, too -- the Chevy Trailblazer is thousands of dollars less than its internal/mechanical twin, the Saab 9-7X.
These are just some of the things you should consider as you look for the best cars for bad credit. If you search for used cars intelligently and armed with the facts, you'll be well on your way to the best car deals. No matter what your credit history, there's a used car that's perfect for you.