Buying a car while in bankruptcy can be a very trying experience. You will need to make a request to the bankruptcy trustee and show a definite need for a new car. Usually, if you aren't asking to buy an expensive luxury car and can show that you have a valid need, your request will be approved. You will however, have to prove that you will be able to make the payments before you're given authorization by the trustee. You can expect to pay a much higher interest rate than if you had spotless credit. Typical interest rates for people buying a car while in bankruptcy are above 10 percent. If you can make a larger down payment, you will have a better chance of being approved for a loan, and maybe even get a lower interest rate.
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