Some credit unions make subprime loans directly to members.
Otherwise, your best source is an auto dealer. Subprime auto loans aren't cheap. This compares with 7.5 percent to 9.5 percent for prime borrowers, according to Randall McCathren, executive vice president of Bank Lease Consultants in Nashville. And the worse your credit, the more you'll pay for the car itself. A subprime borrower, however, might have to pay full price and come up with a high down payment to boot.