How to refinance a car with horrible credit and no equity?

refinance
S H asked:


I have a brand new Ford Focus just bought it fresh off the floor and have a cosigner, but we need to refinance it now and have horrible bad credit. Can anyone help with how to refinance a car with bad credit and no equity?

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One Response to “How to refinance a car with horrible credit and no equity?”

  1. You just bought it and want to refinance it? Why did you buy it at all, then? The value dropped 20% as soon as you titled it. Unless you made a big down payment, it’s not gonna happen.

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