Is this car a good financing deal for someone with bad credit?
I have bad credit and can't get financing. But my friend is willing to sell me a 2013 Honda Civic LX for $200 a month for 60 months. It has automatic and 90k miles. Excellent condition.
Is this a good deal?
As long as that $200 monthly looks small to you, and you have enough income to keep up the car properly with all expenses big and small to replace parts when needed, it should be a good enough deal. You're paying $12,000 for it, which isn't a good deal in and of itself. However, given your credit situation, and the fact you're dealing with a friend, it should be OK.
Yes. That's an excellent deal for an excellent vehicle!
"never" you are the real troll. You broke old fool. LOL!
$12,000 is way way too much money to pay for a vehicle with 90,000 miles on it this is a recipe for disaster because the car is going to break down in the near future and you're going to be angry with your friend and not want to pay him especially at the ridiculous price of $12,000 for a car with a 90000 miles on it. If I was you I would refrain from such a deal and wait till I got my income tax money back in what the thousand dollars down you shouldn't have any trouble getting a new car from a car dealership even with bad credit. They don't care if you have bad credit as long as you put down $1,000. They'll be glad to come and get it from you.
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