If you are looking for a high performance car

but have bad credit, you may not be able to afford

the models that have just been released in the

market. These usually come at very expensive

prices and lenders will not offer you the required

amounts of auto loans with bad credit that will be

enough to cover the cost of the vehicles. However,

this does not mean you cannot afford all high-

performance cars.

Going for used cars is a savvy option if

you really need a hot-hatch. You however need

to identify the car that you will buy. The Mazda

RX-8 is a good option when you are working

within a limited budget. Go for models that are

a year or two old. These will give you the best

value for your money and most of them still

have part of the manufacturer’’s warranty.

Keep in mind that the lender will want to

know the type of used car that you wish to buy.

Avoid aged cars or those that have clocked many

miles. The interest rate that you will be charged

will partly depend on the age of the vehicle.

Typically, the more aged the vehicle is, the higher

the interest that you will be charged. Another

bargain that fits the high-performance category is

the Chevy Cobalt SS Turbo.

If you can find one of these, you can get it

a steal price. With its 260 horsepower, it is a

wonder that the model did not grow to be

popular. Perhaps the design did not just catch

up with consumers. However, if you need high

performance, you can use auto loans with bad

credit to buy the Cobalt.

Buying a used high performance car can

be tricky especially if you are buying for the

first time. Unlike new cars that come with

warranties, used cars may not have warranties.

You will have to take care of costs that may

come about after you have bought the car.

Therefore, it is important to ensure the vehicle

you care buying is in a good conditions and

will give you value for your money.

Carry out a thorough inside and outside

inspection of the car before you buy. Before

you start inspecting a car, you may want to

bring along a trusted mechanic to help you with

the inspection. Also, give instructions for the

car dealer not to start the car before you arrive

for the inspection. You should be present from

the start to be certain of the condition of the

used car that you want to buy.

Check the engine of the car. Inspect it for

leaks and check whether it shows signs of

rusting. When the car is started, check how

long the engine takes to heat up. The price of a

used high performance car may vary depending

on whether you are buying a certified or non-

certified vehicle. Certified vehicles usually cost

more and will require you to have a larger

amount of auto loans with bad credit than non

certified vehicles.