Saturday, January 9, 2010

Insurance, banks, credit ratings, and car dealers

I think I'm close to the end of the car accident nightmare. Finally got the check from my insurance company last week, banked it this past Monday. Went to another car dealer that afternoon. They tried to get financing, but because of my repo last year, nobody's giving me financing..actually according to the letter saying why it's because of a wage garnishment that is 7 years old (it drops from my credit report in September)...which was for my ex-husband's credit card (that he put my name on the account without me knowing). Wednesday I went back to the dealer after work, he was trying another lender trying to get me financing, but that one said "not without a cosigner" but he did have a few "cash buy" cars...older cars that were low-priced and meant as a "cash and go" purchase. He had a 1997 Suzuki Esteem with only 78,000 miles on it (not a roll over, the odometer has 6 digits) and I could have it tax, title, new plates for $1850. I test drove it, bought it and took it home.

The only problems so far hve been a need to replace the wipers (total crap, didn't even hit the windshield), gas cap (previous owner had a locked cap on it, not good in Chicago winters), and possibly the battery. I'm hoping it's not needing an alternator, It needed a jump Wednesday when I bought it, dealer said it was because the car sat in the lot for 3 weeks in the cold, had to charge the battery last night, this morning it started, but I'm taking my parents car to work instead.

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