Quote:
Originally Posted by frost
If you hang on another 6 months or so, you should start seeing the 09s at the $20k area. I'd say put your 8-10k down on that, finance the 10-12k, build your credit. In a couple years you would be able to finance something much easier.
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^This
A smart dealer wouldn't even lend to you with no credit history. You'll have a lot of trouble finding someone to loan you $20k+ without credit history. And if they do loan you the money, it's going to cost an arm and a leg. Higher risk = Higher return (or in this case higher interest rate/return on capital lent).
Non-dealer financing means getting money lent from another financial lending institution such as a bank, credit union, or from a home equity line of credit which I'm assuming you don't have. Or dealers have financing arms, Nissan's is NMAC.