Auto Financing???

[BurnTire]

I have a year of my car payment from when I first got financed for my car which shows that it was never late and paid off when I refinanced through az fed.

I have my loan through Az fed that I was late on 3 times back in 07 but thats it, been on time ever since then.

I have a zales card that ive bought a couple things on and paid them right off so it shows that I have no late payment.

Only bad thing was my Wells Fargo card that I had a couple years ago that eventually got written off, went to collections and I just now paid it off so it should say Paid in full when its reported to the bureau. Other than those thats all thats on my credit.

Well plain and simple it is going to take time to improve your score. If you did get a loan now it would be at a higher rate which costs you and in the long run.

[BurnTire]

That 750+ comes with years of perfect credit.

Yep and it gets the best rate. I have been 800+ for a long time.

[Rev'n Kevin]

"You don't always get what you want, but if you try sometimes, you may just find, you get what you need" Mick Jagger

Ask yourself "Do I REALLY need that vette or do I just WANT it?" And "Do I really WANT to go $26k in debt or do I just NEED to pay off the $9k debt I'm in."

My advice, be happy with what you got, as so many around you are losing everything they have, that vette is probably sitting on that car lot because someone lost their job or could no longer afford the payments, maintenance, insurance and gas for it, jmo.

[BLK03SVT]

"You don't always get what you want, but if you try sometimes, you may just find, you get what you need" Mick Jagger

Ask yourself "Do I REALLY need that vette or do I just WANT it?" And "Do I really WANT to go $26k in debt or do I just NEED to pay off the $9k debt I'm in."

My advice, be happy with what you got, as so many around you are losing everything they have, that vette is probably sitting on that car lot because someone lost their job or could no longer afford the payments, maintenance, insurance and gas for it, jmo.

Couldn't have been said better. Judging by the nubers Alex, it's my opinion that you should just get that 9k paid down. Rolling negative equity into a depreciating asset like a car can snowball on you quick. Pay the stang off, own it outright, and go into the vette loan with some $ down, not to mention you can work on your credit score in the meantime!

BESIDES...A VETTE??? jk!

[silvrsvt]

listen to what these guys are telling you! Take the 2500 and either put on on your loan or buy this! http://www.on3performance.com/mustanggt.html

If your dead set on getting that vette, or any other car. Do not take 3500 for yours! The dealer I work for will give you more than that and you wouldnt have to buy anything from us!

OR

put your car on CL for 6k OBO someone offers you 5k and you are $1500 ahead than if you just trade it in for the vette.

you have a lot better options than finding that lender who will just turn you upside down.

[OH3MGSVT]

listen to what these guys are telling you! Take the 2500 and either put on on your loan or buy this! http://www.on3performance.com/mustanggt.html

If your dead set on getting that vette, or any other car. Do not take 3500 for yours! The dealer I work for will give you more than that and you wouldnt have to buy anything from us!

OR

put your car on CL for 6k OBO someone offers you 5k and you are $1500 ahead than if you just trade it in for the vette.

you have a lot better options than finding that lender who will just turn you upside down.

Well that turbo kit is MIGHTY tempting!

I have to sell my car for what I owe, which is 9k, like I can go a little less and cover the difference, but not much. I just need to sell the car so im free of that loan and not upside down anymore, and hopefully that paid off car will boost my credit a bit. Oh, and im lookin to get into either a BLACK OR RED ONLY C5Z or Terminator.

[wickedcobra]

I think you would have an easier time paying 2500 towards your car which brings the balance around 6500. Could you get that much if you sell it outright? Then try and get into something for zero down. Then you dont have to worry about getting seriously low balled on a trade.

[OH3MGSVT]

I think you would have an easier time paying 2500 towards your car which brings the balance around 6500. Could you get that much if you sell it outright? Then try and get into something for zero down. Then you dont have to worry about getting seriously low balled on a trade.

Yeah I was thinking about that, that may be a better way to go then getting low balled on trade in. Should I de-mod my car (rims, cobra bumber, smoked/clear corner headlights, etc) and get some money and put it back to stock? Or sell it for whats already on it, because it makes it look better right now for what I have on it.

[OH3MGSVT]

Couldn't have been said better. Judging by the nubers Alex, it's my opinion that you should just get that 9k paid down. Rolling negative equity into a depreciating asset like a car can snowball on you quick. Pay the stang off, own it outright, and go into the vette loan with some $ down, not to mention you can work on your credit score in the meantime!

BESIDES...A VETTE??? jk!

Yeah thats the conclusion ive come to, just start putting any extra money I can get to my car loan and im sure it will come down before I know it. In the meantime Ill try to work on my credit score, but not sure what ways I can boost it. Should I try getting a credit card and buy little things on that and then pay it right off? Not sure if I can even qualify for a card but If I do, even a small one, Ill put maybe some gas on it, then pay it right off as to not accumulate interest.