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Friday, October 23, 2009

Get a new car even with a bad credit history or even if you are a bankrupt

Today I investigate how to get a brand new car, this information was gathered after speaking to people who are or have been bankrupt.

This information will also be of interest to self employed people, and people who just fancy a no hassle car experience.

So if your credit history is quite poor then there is no problem.
Even if you do not have a poor credit history, it still pays for you to read this blog. This research even suprised me.

OK so you need a car quickly, you have a new job, or your old car has been taken away.

You are stuck without transport...

Most people look at leasing a car, this information came from a discharged bankrupt, who could not work without a car.
The first thing he did was to look on the internet for his options.
It seems the only people who had any interest in him were car hire/leasing companys.

Yes we can let you have a car for 18 months no problem, we have to do a credit check first though they told him.
They quickly phoned back, almost giggling down the phone.
Here we have an offer for a brand new car, the cost is 3 months rental up front, and 18 payments of £750 per month.
He replied I can buy a brand new car for that, the salesman replied not with a credit history like yours, as he laughed.
It seemed to be the final nail in the coffin, why do they charge so much if you trying to get back on your feet.

So his next move was to hire a car from a local rental company, for a week while he tried to work out what to do. Ding he was sitting in a brand new car that he had rented for £110 for one week.
The icing on the cake was that his rental included insurance, unlimited mileage, all servicing looked after, full RAC cover, and the road tax paid...

After a few days of pondering he went back to the car rental office and asked how much the car would be to rent for 6 months, he had to speak to a different office, but used the phone in front of him. He told the salesman, he had been looking for a long term rental and was checking prices.

WoW £298 per month everything included, he did try to sell extra insurance, just turn it down if you do not want it. No Deposit to pay. My friend had £1800 sat in his bank account, so he asked the salesman how long the process will take. The amazing reply was, you can have the car right now if you want.

So No Stress, No Credit Check, No Problem, he is now driving around in a brand new car, earning his living with a smile on his face.

The moral of the story is never take the first offer of so called help, there is always someone who can short out you short term problems, and sometimes it is starring you in the face.

This is one of the most useful companys I researched with
 www.easyCar.com low cost car rental online


Good Luck and Happy Driving.
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