How to get a new car with bad credit and not have a really high payment?

I want a newer Honda Civic because I've never really had a reliable car. I can put down 2000$ and I have someone with good credit that can co sign for me. Would that effect my payment per month?

The payment per month is based on the value of the car and how many years the financing is for. Good credit doesn't lower the payments - it simply makes it easier to get the financing.

The $ sign goes before the number.

And $2000 down might not be enough with bad credit.

Financing with bad credit is a really bad deal. You might pay $12,000+ interest & fees= $16,000 for a car you could have gotten for $8000 in cash.

Car payment is a function of simple math. The amount borrowed, the rate and the term.

No such thing as low payments & bad credit.

Pay cash, you have two thousand dollars.

Pay 100% down. Payments will be $0 a month for however long you keep the car.

Economics 101 "Never pay interest on a depreciation"

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