A poor credit score is nothing to be embarrassed about. The tough economic times over the last three years have dented or destroyed many credit scores across America. If you need a poor credit score auto loan, you may need to look at a less expensive new car. Here are four new cars that offer a decent ride with a low sticker.
- Chevrolet Aveo. The base sticker is $12,725 and has $1,500 cash back. This model is being replaced next year, so dealers are ready to move them ASAP.
- Kia Rio. Is offered with a low base of $12,990 and has a $1000 cash back rebate. A redesign is in the pipe for next model year, so you might get an even lower price.
- Hyundai Accent. It has the lowest sticker in the group and starts at $10,705 with a $500 cash back rebate.
- Chevrolet Aveo5. Starts at $12,875 with $1,500 cash back. This is the last year for this model as well, so deals should be easily made.
These are all basic transportation, compact cars. The reason they made this list is that they are in a price range that is readily approved by lenders specializing in bad credit auto loans. They are ideal cars for rebuilding credit.