Indeed, if you suffer from a bad credit history, finding the finances for your car should be one of the main worries. However there are more things to think about and to plan well if you want to get things 100 percent right.

Set a budget for your new car purchase and do not just go to a bank to ask for a loan. Check around, choose a car and see how much money you will need. When doing the calculation include all the additional expenses you will have such as the car insurance. Many people underestimate the additional expenses and end up with a car and no money to put everything in order and to start driving it.

If your credit is really bad postpone the car purchase. This might be a wise option that will save you time and hassle in the long run. Try to repair your bad credit and than start looking for financing for a new car. Getting a car if you really have a disastrous credit is bad not only because you will be refused financing but because it is very possible that you will not have a wide choice when choosing a car. Now you probably wonder How come I cannot choose my car well, if you are refused a loan from the banks and from most of the car dealers than you may be left with offers from one or two car dealers offering just one or two car brands.

If you think the time has come to get the new car you dream about than start looking for finance. In general you can take a bank loan or a loan from the car dealer. The beauty of bank loans is that you can fill in the car loan application form online and that you will get a quicker answer. Moreover bank loans are more secure and are less likely to have hidden rocks and surprises. On the other hand car dealers offer loans to people with really bad credit histories and if you didn't manage to get a loan from a bank you are more likely to secede with a loan from a car dealer. However watch out for "holes" in the contract that will allow the car dealer to increase the interest rates drastically. Be especially careful about signing an open contract that will give the car dealer the advantage of increasing the final car price as this may lead to damaging your credit even more.