Being a bad credit car loan borrower is a very common thing in these times of economic recession.  Having bad credit is similar to being ill because so many lenders reject your application form.  In case you are a Bad Credit Car Loan borrower, try not to have too big expectations!  You have poor credit, therefore you will definitely not benefit of the best terms and conditions.  There are also some bad credit car loan lenders who require a down payment as a form of guarantee that you will make the payment on time.  The down payment is most of the cases 20 or 25% from the value of your car.