You can still get approved to finance car after a repossession, but it'll typically take some time. Bad credit lenders look to see that at least a year has passed since the repossession took place before they consider financing borrowers. If the repossession was included in a bankruptcy, then you usually don't have to wait a year and may be able to get a car loan when the bankruptcy has been discharged. Getting your vehicle repossessed can be stressful, and many of us rely on a car to get to and from places such as work or school. If you know you can't wait a year for a vehicle, you can see if a lender will accept a large down payment and work with you. If you can come up with a down payment close to 20 percent, some subprime lenders may consider looking past the repo. But because this is highly unlikely, it's best to wait and improve your credit before applying for a car loan. The more time that's passed since your repo, the better your chances of getting approved can be. In a last resort attempt, you can visit a buy here pay here dealership. These dealers won't run your credit, and use your income to see what you qualify for. Note that these vehicles are generally older, but, if you need a car fast, these in-house dealers could be a good temporary fix.