One of the events that puts a severe blemish on your credit record is a car repossession. And understandably, this can make it difficult to get another car loan in the future. Difficult, but not impossible. Here are some tips for getting that loan, even following a repossession:
1) Wait one or two years. if you try to get a loan immediately afterward, the lender is likely to charge a huge interest rate. Instead, try to get by with a $500 or $600 car that you can pay cash for, and then after your credit has improved over a couple of years, try getting a loan again.
2) Go to a "Buy here / Pay Here" dealer. You're going to pay a bit more than with a standard loan, but your acceptance is guaranteed, and since they usually require weekly payments, they train you to get in the habit of paying off your car. However, ask around your community so that you can find a dealer with a good reputation; there are a lot of shady dealers in this business who will sell a car that they know is not even worth the down payment.
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