If cash is king, then credit is most definitely queen. You need credit to purchase many of the luxuries of life, including a new car. So if you want to buy a car with no credit, are there any options available? The first step for those in Branson, MO, should be to visit Rent To Own Autos, where no credit or bad credit does not matter. They’ll work with you to find the best solution to help you get back on the road with a quality, reliable vehicle.
Here are a few suggestions for those trying to buy a car with no credit:
- Pay With Cash: Usually, the best solution when trying to buy an automobile with no credit is to pay with cash. This eliminates the need for requiring credit and will end up saving you an exuberant amount in interest charges. Plus, when you pay with cash, you are not at any risk for repossession or adding any other blemishes to your credit report. However, for most people, this does limit their buying options to used vehicles as they often don’t have the funds available to buy a brand-new car with cash.
- Get a Co-Signer: A co-signer is someone with established credit who signs the loan contract with you and takes responsibility in the event you are unable to make payments. This may be difficult, as many people do not want to be on the hook for someone else’s payments and lack of foresight.
- Visit a Buy Here, Pay Here Lot: When you want to buy a car with bad credit, a rent-to-own or buy here, pay here car lot can be incredibly helpful. They usually offer in-house financing and will accept a low (or no) cash down payment. At Rent To Own Autos, they won’t run a credit check, so you should have no worries about buying a used car with bad credit.
If you need to buy a car with no credit, visit Rent To Own Autos in Branson today. To learn more about their warranty covered used cars, call (417) 335-5400. You can also visit them online to learn more about how you can buy a car with bad credit.