Borrowers with bad credit often assume that their only options for car loans are barely-running jalopies that will barely get them from A to B. However, this isn’t actually the case.
Even buyers with bad credit don’t have to ride around in a hunk of junk. In fact, they can actually get a low-end new car in many cases.
Take the Nissan Versa 1.6. This compact sedan retails for just under $10,000 – well within the range of many bad credit car loans. The car is pretty standard – nothing flashy, but according to AutoGuide, it comes with great safety features and a surprisingly roomy interior in addition to providing a smooth ride.
The car lacks many features from pricier cars, like power windows and locks, an automatic transmission and more. Yet stripping the car to its bare bones allows Nissan to price it as one of the cheapest cars available in the country.
Drivers can also upgrade the car with air conditioning, power windows and an automatic transmission, for a price. By weighing the benefits of what they truly need, even those with bad credit can be riding off the lot in a new car.