With my current history, will an auto loan score me a decent used car?

I am 26 years old, have a very poor score (which has increased btw), from 430 to 507 in a matter of just a few months. I had a repo in November 2005, but it is paid off since and listed on my credit report as a charge-off but also as "paid", (which I did). I do not see it as repo on the report and is now currently marked in a green box for the latest month as "OK". I earn 35,000 gross annual and have been at my job since Sept. 06 now. I would like to put down 1,000 dollars on a certified used vehicle for somewhere under 9,000 or 10 at the most. However, the only way I can do it is with an auto loan. If I apply for one at the car mall and receive it, will this cover everything? What would my interest rate be? (Ball park figure). Thank you.

5 months ago - -1 answers