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Here’s what consumers have asked with answers from Bridgecrest staff and previous consumers.
I was a partial payment late and they will take your car. If you get bridgecrest have a garage
Bridgecrest is a legitimate financing company. They deal mainly in the subprime market which means outrageous interest rates for less-than-perfect credit. People sign ridiculous negative-amortization loans because they want the car so bad, and don't understand why after 4 years of payments, they still owe the original amount or more. People consent to usury when signing the loan documents and then turn around and claim Bridgecrest is a "scam" because they didn't understand (or didn't care about) the loan terms when they signed the paperwork. If someone presented me with a 29.99% APR on a car, I'd laugh in their face and walk. Anyone can be taken advantage of if you let it happen.
Try your local credit union. They love to undercut the interest rates, and can generally be a little more lenient because they get their money through payroll deductions, meaning they get paid first.
Cars depreciate very quickly. One of the dumbest financial decisions a person can make is spending a $#*! ton of their income on a vehicle. Expensive cars aren't worth it. Nobody needs leather seats or separate climate controls. And it's not like you're buying one vehicle for the rest of your life. Quit looking at cars as status symbols and save your 8K for something else.
