I was discharged 4/2004. I was approved to buy a 12,000 new car at 18% w/3 grand of my own money down. I decided not to buy it. My current auto is a 2003 w/low miles and a rate of 4.9. It was inlcuded in my BK so I can give it back at any time. Even though I'm not rebuilding my credit I felt it best not to get locked into a high interest loan. I like the option of walking away from my current car w/no obligation to pay the balance. I'm hoping to come across a good used car that I can pay cash for.
Sorry, I babbled...
Have a great new year and good luck w/the new car search. Don't let the dealers push you around just because you have bad credit!