Bankruptcy Vehicle Options

Many people find themselves having to surrender a vehicle and without transportation options after having to face a bankruptcy. The bankruptcy court will often limit the price and amount of vehicle that a person can purchase. It can be extremely frustrating going through the process and discovering that your vehicle options are limited.

A person who has filed bankruptcy is often forced to purchase a vehicle that they don't really want out of necessity, so they are less likely to keep it long enough to help re-establish their credit. In most cases they will find themselves extremely "upside down" on the vehicle if they try to get out of it because they chose the wrong vehicle out of a desperate situation.

A Better Way

At CoolCarGuy.com our business model is based on creating relationships with people and helping them to find cool cars. What's a cool car? Whatever is cool to you. Our goal is not to have you purchase just one vehicle, but to earn your automotive business for life.

We want to get you the right vehicle at the right price and make getting your first vehicle after a bankruptcy a positive rather than a negative experience. This way you can get a vehicle that you actually want to drive long enough that we can assist you in re-establish your credit. We can help you get another vehicle down the road that you really want to own long term without being so "upside down" that you have no options.

We have done this for many people over the years. Check out our process in more detail below and you will see what makes our system unique compared to any other car dealership in the marketplace.

No Inventory...

You will notice at CoolCarGuy.com that we carry little to any inventory. We only have a few vehicles that we actually put "on the lot" each month that we think is a cool car or a great deal for one of our clients or visitors. This is because each week we have access to not hundreds, but thousands of vehicles from dealer auctions and other sources.

The Process: What's a dealer auction

Dealer auctions are where dealerships go to buy inventory to put on their lot. Each week there are several in Denver and Colorado Springs where we go to buy vehicles for our clients based one what's available and fits their needs.

The banks have requirements for vehicles that they will loan money on, so there are certain parameters that are required in order to get financed. However, there are plenty of choices available that can usually work for a person beyond just one or two choices. If you fill out the vehicle request form below we can search for the vehicle for you that will work for your specific situation.

Next we will get a credit application from you and submit it to a lender that specializes in people who have filed for bankruptcy or that have other credit challenges for a pre-approval. After we get an application in place and a pre-approval we will find the right vehicle and options that fit your needs and submit it to the lender for a final approval, along with the required documentation.

Once everything is in place we will purchase the vehicle that you have selected through the dealer auction at the right price with the right structure.

Vehicle Request Form

If you're ready to get started just fill out the form below and let us know your ideal vehicle. We will email you back some options to consider and give you an idea of pricing and if the vehicle you are looking for will work with one of our bankruptcy or special finance lenders.