AboutDanny Expertise I can help you with negotiating,walking you through the process so you feel in control,keep you one step ahead of the sales,help you with the financing,to lease or buy and should you buy new or pre-owned.
Experience I have 18 years of upper mgmt, I've been a finance director,new car director,used car director,general sales manager for stores that sold a 1000 new and used cars a month. I have extensive experience with special financing needs. I know,domestics,imports and highline automobiles
Education/Credentials Ford Blue Oval,Dealership,accounting,service,parts and GM trng.
Awards and Honors Ford Blue Oval, 300/500 Club, BMW certified, Nissan certified.
Question I am semi-retired/retired (not getting social security yet) and will need to buy a new car before long. How does someone with no income purchase a new vehicle, even if they can afford it? If my credit is good, is that enough or do I somehow need to prove I have enough in the bank (or investments in my case) to make the payments? I'd probably want to finance at least $10,000. Thanks
Answer Hello Lee, I see this quite a bit. On the application where it ask for job you put the place you retired from and how many years you were there, if you receive retirement money from them put it in the income part. Under "Other Income" put your investment income but be prepared if asked to prove it. From what you have told me you should be just fine. Good Luck