If you have bad credit and are thinking of buying a new car in January here are the ten least expensive new cars many with new car incentives that can be used with a bad credit car loan
New cars for bad credit buyers
If you have bad credit you may be thinking of applying for car loans with bad credit and buying a used car. We know, because at Auto Credit Express we’ve been helping poor credit car buyers at the retail level for over two decades.
To help customers outside our retail areas, we even designed a web site that includes a secure bad credit auto loan application . Applicants are then matched with local dealers that, like us, specialize in customer credit issues, giving these customers their best opportunity for second chance auto loans .
The alternative for most bad credit buyers means financing a vehicle from a tote the note car dealer, not much of a choice since these dealers don’t report payments to the credit bureaus. Buying a vehicle from this kind of dealer also increases the chance of repossession .
Credit repair with the right car
Financing a vehicle using auto loans for bad credit means it’s time to consider a small to midsize car to save on interest, insurance and fuel expenses. By financing it for the shortest term possible, you’ll be in a position to re-finance or purchase a different vehicle in a shorter time and at a lower interest rate.
To do this, most bad credit auto loan customers will pick an affordable used car, although there is another option: choosing an entry-level new car.
New cars are more reliable than used cars and new car incentives can not only lower the price but, in some cases, can also help contribute to the down payment requirements of many bad credit lenders.
With nearly two weeks left in January, there is still time (at least on the 2011 models) to take advantage of the following deals on some very affordable new cars:
The top 10 least expensive new cars for January 2011
We’ve taken the time to combine the most affordable new vehicles in the U.S. (most of them 2011 models) with their available rebates to come up with the ten most affordable vehicles for the month of January, 2011. It should be noted that all vehicle prices include destination charges, but not the taxes or official fees that vary by state.
#10 – 2010 Suzuki SX4
Base price – $14,094
January rebate – $1,750
Price before taxes – $12,344
#9 (tie) ” 2011 Nissan Versa 4dr 1.6 base
Base price – $11,990
January rebate – $0
Price before taxes ” $11,900
#9 (tie)
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