Summary: Learn how credit is involved when purchasing a new car with expert car buying advice from an experienced new car salesman in this free online used car video clip.
John Mihail Michaels has over twelve years of automobile sales and finance experience. He has worked at the following dealerships: Lincoln, Mercury, Honda, Ford, Pontiac, GMC, Buick,...read more
"Hi, this is John Michaels with Expert Village. Today we're going to be talking about buying a new car. In this segment we're going to talk about credit worthiness. Listen, if you don't necessarily have the best credit in the world, its ok, don't be afraid thinking that you can't buy a new car. There are many, many car manufacturers out there that are a lot more lenient than you might thing. For example, Ford Motor Credit is one of the most lenient financing companies available today. So even if you have a low credit score, they can still finance you a new car. Sometimes it's easier than other manufacturers. So do your homework when it comes to financing and when it comes to leasing and when it comes to just the overall credit worthiness of what you think you can buy 'cause you may be driving in a car as opposed to not driving in a car if you're looking at the right product line. So remember, some product lines will allow you to finance a car and actually achieve a loan for you than others. Just go out and find the one that suits your credit needs and compatibility."
eHow Article: Guide to New Car Credit