As seasoned finance consultants, we understand the challenges you face when trying to finance a car with credit problems. We enable you to find a bank or dealer who doesn’t decline everyone who has less than perfect credit. The fact is, this is typical of a lot of lenders. We’re proud to represent a wide-ranging network of dealers and lenders that can put you in the driver’s seat of a new vehicle at a rate that won’t break the bank. Don’t delay: submit your online application, and we will connect you with a lending specialist who can help you secure the loan you need.
Bad Credit Car Dealerships in La Habra, California
Have you thought about where to buy your next car? If you’ve got weak credit, you’ll probably have to get your car from a dealership, as opposed to a private seller, simply because the majority of lenders do not fund private party auto loans for people with credit that isn’t perfect. Good thing there are dealerships that cater to adverse credit. In any subprime lending scenario, you can expect:
- Increased APR rates.
- More money owed upfront.
- Smaller sized loan amounts.
On the other hand, the experience is far preferable to that of a buy here pay here dealer, and your vehicle will likely cost you less in the end. We have many of these dealerships in our network, and they want to get you the car you want. Go here to submit your application.
Do You Need a Down Payment?
Would you like to finance your new car without a down payment? Lenders want to see you offer a down payment, mainly because it decreases the risk of the loan, translating to a cheaper APR rate and more favorable terms. You may be able to finance a car in La Habra with no money down, especially if you trade in your used car or truck. Consult a qualified finance consultant for more information.
Buy Here Pay Here Dealers in La Habra, CA
Have you wondered about getting your vehicle through a buy here pay here car dealer in La Habra? These La Habra bad credit dealers supply financing on site, normally without checking the consumer’s credit. Considering that they don’t rely on a traditional bank or credit union for approval, they can service a broad range of borrowers.
For consumers with horrible credit, La Habra buy here pay here dealerships are sometimes the only way to go, despite the fact that California bad credit auto loans from banks and credit unions typically come with more affordable rates.
Recommendations for Buying a Car in La Habra
Your car payment, how much should you spend? Simply take 10% of your monthly income–the maximum you should spend. To prevent equity issues and excessive finance fees, opt for a repayment term of 60 months, no more. If you follow these guidelines, you will find yourself purchasing a car which costs around 50% of your yearly income. For La Habra residents with incomes of $16,888 per year, the city average, this is a vehicle costing $8,442. Most times, the less you’re able to spend while still acquiring a solid car or truck, the better.