When you buy a car with no money down, you don't have to write a check or hand over cash to the dealership before driving away with your new vehicle. However, this means that the amount financed will be significantly higher than if you had a down payment up front. No money down purchases are usually reserved for people with better credit ratings. If you're still in a bankruptcy, no money down purchases are going to be much harder to find, let alone to have authorized by your bankruptcy trustee. You will have to search long and hard for a no money down car sale and loan that you will be able to afford.
Can I Buy a Car with No Money Down While in Bankruptcy?
December 9, 2010
