*Loan,banking and credit>>>auto loan

Auto Loan Question?

OK I have a few questions. I have a limited credit history and im looking to get into a luxury automobile. Income is OK it's just the credit history - If I walk into a dealership with a 30-40 thousand dollar down payment on a 60 thousand dollar car will I be approved? That's 20-30 thousand financed. Thanks - Please give direct answers.

Who in their right mind pays $60k for car? What are they lacking personally they think can be made up with a hunk of steel with some stupid emblem on it the pagan riche have decided is worth worshipping over another?

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There should be no problem getting approval for a loan. Even with bad credit you can usually finance a car because the car serves as collateral. Where you may suffer is in the interest rate you're offered. The better risk you are, the lower the interest rate. As your limited credit history may not be enough to establish your risk category, you will probably have to pay an interest rate higher than "advertised."
with that big down payment you should. dealers want to sell the cars and they will do anything to get you approved. if this will not help, try to use broker- they have access to many more different banks then the dealer.
Be aware of interest....thats all i gotta say...
that is a nice size down payment so you should not have any prob getting financing