No Car? Poor Credit? Don’t Despair!
If you lack credit they may have problems in both car buying and car leasing. Good credit guarantees that a transaction will pass smoothly and the person who makes the sale is solvent. If you do pay your credit card bills or are declared bankrupt you credit score decreases and you will get into poor credit.
Another reason why you may get into poor credit is when you are starting a business. The banks see you as a credit risk at this stage. Unfortunately it such an eventuality where you will really need a car!
If you are not sure of your credit score offhand it is always a good idea to check it. There are places online where you can find it out for free.
A vehicle may be purchased quite cheaply, it is the extras that cost, such as insurance, petrol, MOT and so on. A runaround that breaks down may ultimately cost more than a vehicle that is a bit more expensive. You need to need to look for a car which is good value for money.
People who acquire a car through EBay are at risk of being conned. It is important that you see the car before handing money over. (There are examples of many sellers relying on a photo of a vehicle they don’t even possess, so if it seems too good to be true maybe it is.)
Likewise, if you wish to are attempting car leasing on bad credit there is no guarantee that you will honour the deal. Car leasing on bad credit is possible but only through a number of rental agencies, such as Ultracars.
The people at Ultracars specialise in car leasing to people with little credit or no credit history. They have over twenty years of experience and have a range of cars for you to chose from. They also have the option to lease vans.