Need Help/advice

[Lease-V-cross]

Well I can officially say that my bank that holds my VX lease title SUCKS ***!
I received in the mail another letter about purchasing my VX before my lease term ends. So, curious about the details I call and set the gears in motion to buy out my baby. I was running out of time because I turn it in June 06.
Well.......I was DECLINED FINANCING!
Couldn't believe it. Not one late payment in the 5 years I've been driving this moon buggy. So they give me a phone number to a sister company they have that could possibly help me. I call them. Nope. I need either a co-signer or a bigger down payment. Alright, I understand. My credit score is in the upper 500's...it's not too spectacular but it's not the worst either.
My decision is this. I will be working two jobs to save up $ for a down payment on a brand new, cheaper car to buy before June 06, and then I'm going to have to trade in the VX. I have to give it the dignity it deserves and not let it get back in the hands of that evil prick bank only to end up on the auction block!
Screw that bank!
Just thought I'd give everone an update.
I thought about keeping it, and putting down more money on it, but I'm concerned about the mileage (over 70k, now) and I'm tired of all the problems I have been having with the windows (which are now fixed...again)...unless I win the lottery...I'll keep her.


E.

[Moncha]

The two pints that are causing you the troubles is #1, last year's Bankruptcy and #2, Credit Score around 500. You're stuck with that stigma untill the score comes up and the bankruptcy time runs out.. 7 years is a long time but, you already have 1 gone.. Having a good payment record is a very small part of the rebuilding process.

I does suck but you can't blame the system entirely. Of course, they are out to protect themselves but their customers too... I never quite understood how they slam someone with a bankruptcy as at least they know you won't be able to file again for a long time! But, we have to remember that the highest percentage of bankrupcties were caused by by lack of descipline, that's why the crack down on the filings and changing of the rules.
If you can, get the down payment, refinance the vehicle and it would help your scores out tremendously.. You can get a down payment for a cheaper vehicle but guaranteed, they will rape you over percentage points and you probably end up just as unhappy as you are now as you will end up way overpaying in the long run.. I was in the same boat a long time ago (Broken back and too many med bills) and used my VX's to build myself back up..
Good luck with what ever you choose, just don't make descisions out of anger..