Need bmw auto loan?

I have a 590 credit score and want to take out an auto loan for a bmw 3 series. I work full time and make $15 per hour plus commission and monthly bonuses. I do not have a co-signer. I need a loan for about $30,000-$50,000. I do not have any other bills. Is it possible to get a loan like this with subprime credit? Please advise.

Need bmw auto loan?

At $15 an hour, you make $31,200 a year. Adding in another 50% for commissions and bonuses, you would gross $46,800.

And you want to take out a loan for $30k - $50k for a CAR?

Even if you were to find a lender to approve you (unlikely with your score) you would be making yourself a slave to the car loan payments.

If you have no other obligations, why is your credit score so bad? Get your credit cleaned up before you even think about buying a car like this.

Need bmw auto loan?

Good.

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Good Luck Report It

Need bmw auto loan?

my boyfriend and i were looking to buy a car recently, and we had the best luck when we actually went to the dealer and talked in person about getting a loan. we were approved within a couple hours. if you don't have luck online... the dealer might be willing to help since they want the sale

Need bmw auto loan?

i don't think you will be able to get approved for that size of a loan with that low of credit.. you MIGHT be able to get SOME kind of credit, but you will probably have to have a BIG down payment.. my best advice would be to go to the car dealer and ask what they can do for you.. but you might want to wait for a few more months until your credit score improves..

Need bmw auto loan?

Caviar dreams. . .

Tuna fish credit.

Tsk, tsk, tsk.

Need bmw auto loan?

Yes, if you bring a big cash down. 25% at least.

Good luck !