Depending on where you live in Washington, you probably rely on your personal vehicle to get you to and from work. Even in the largest cities across the state, public transportation is available but not for all people in every neighborhood. Getting to and from work, school, appointments, and the other places life requires you visit regularly means driving yourself, which is a problem when your credit isn’t great. When it comes time to purchase a new car, you might find you have few options. Your credit applications are denied at car dealerships, and banks won’t work with you. Any bad credit you create for yourself remains on your credit report negatively affecting your score for seven years. It’s devastating depending on how much bad credit you incurred during a specific time.
Unfortunately, even if your bad financial decisions are well into the past, they’ll haunt you for seven years. You might have six years of excellent on-time payments, no debt, and no other negative remarks on your credit and still have a bad score. What happens when you need to purchase a car? You have to go another route, which is always an option. If you have bad credit that’s not particularly low and could turn into fair credit before much longer, try waiting. If you can’t, go to a dealership that has a lender on staff that works with people who have bad credit. They’re going to give you an approval if your score warrants it, and if you have a large enough down payment to help you make the purchase.
If you work with one of the numerous credit unions in Washington, you could ask them to lend you the money to purchase a new car. Washington credit unions are proud of their customer relationships. They love working with their customers to help them acquire loans by looking past the number on their credit report to work with the person and their financials. If you have a positive payment history in the most recent months and years, they’re going to give you a loan. It won’t be a traditional bad credit loan, which means it won’t have such a high interest rate. It will be higher than any loan you’d take out with good credit, but it won’t be bad.
The last thing you should do is assume you can only make a car purchase through a buy here, pay here facility. These aren’t exactly reputable all the time, and they don’t have the best options for those who shop. You’ll make payments directly to the dealer, and they won’t help improve your credit history. They interest rate is more than anywhere else, and you’ll find you pay the dealer two monthly payments that look lower, but end up costing you far more than any other car loan. The car you purchase here won’t be one you’d traditionally want to drive, either.
Dealerships and Washington State Laws and Regulations
When you work with a large, national dealer with the logo of a car manufacturer behind it, you needn’t worry about things like checking for certifications and salesperson licenses. These dealerships are national and well-known, and they keep their business practices up-to-date. If you choose to work with a smaller dealership that has no national brand behind it, you’ll want to check for licenses and certifications when you go into the dealer. Most will display them in the lobby or offices. If not, ask to see them. Any salesperson or dealer unwilling to show them off is probably working without, which is against state laws.
Ask about the mechanic on duty. If the dealer doesn’t have one, run the opposite direction. State law requires a dealer has a mechanic on duty to fully and carefully inspect each and every car that comes onto the lot before it’s listed for sale. This is to repair any issues, to handle all recall notices, and to ensure the car is safe to drive.
Before you purchase any car from a dealer, ask to see the history of the car. Every dealer in Washington is required to provide all purchasers with a free Carfax report. Under no circumstance is a dealer permitted to legally deny you of this, and they cannot charge you for one. If you come across any dealer not working within the confines of state laws, move on and find a new dealer with which to work.
Driving in Washington
Those who live in this great state know driving can be a challenge when the roads are slick from snow or rain, and that mountain driving is beautiful. Seattle is the biggest city with the most congestion and the most traffic issues, but the other bigger cities including Spokane, Tacoma, Bellevue, and Everett have their fair share of the same. The roads here are beautiful, but they can become quite congested specific times of day.
There are specific laws of the road you will break driving in Washington, but you should be aware of them. If you have a criminal intent in mind heading into any city in Washington in your car, state law requires you stop your car at the city limits and place a call to the chief of police in the city or town you are about to enter to let them know what your criminal intention is. Furthermore, no motor vehicle may drive down any road unless a man is carrying a red flag during the day walking in front of it. If it’s nighttime, the man waking in front of the car will need to carry a lantern. This man must be 50 feet from the car.
Driving in Washington can be pleasant when you enjoy your car and know it will get you where you need to go. If you’re worried there is nothing available for you in terms of an auto loan, you’re not alone. All people with bad credit worry about credit denial, but there are options.