Tips on Buying Cars: Financing, gm dealers, cab pickup

Question
Hello Ray. My zip is 44890. I am looking at a 2006 Chevy Ext. Cab pickup, band new. I got GMS pricing with a total of $5500 in rebates and incentives. I am trading in a vehicle with negative equity of $6500. All in all, I am financing a new vehicle for less than sticker $29,435...but...the interest is 12.75% due to my credit. I am going through sub-prime lending and they said its all they can do. Any suggestions or pointers? Should I try and find another lender to give me a loan or would you say that this is the best I can get? Thanks in advance.


Answer
Hi Tony
I really dont like the idea financing 30 grand at 12.75% you will never get out at the end and always be in same situation
I hate to say it but lower your standards from a 2006 model and get your credit back on the rails
But if thats the way you want to go
Shop more than one or 2 GM dealers for interest rates and at same time google the internet for rates...
check my website   http://usedcartips.bravehost.com/  
click on poor credit to get some pointers
Regards
Ray