All over Massachusetts, acceptance rates for auto financing are down, thanks to the rocky economic climate. We appreciate the inconveniences that Fall River consumers have to deal with when they’ve got bad credit. Here’s how we enable our consumers to rise above their credit scores and secure financing they need:
- You, the consumer, submit an application online.
- Our leading-edge matching system finds you a lender.
- Your creditor reaches out about completing your Fall River bad credit automotive credit arrangement.
Fall River Car Dealers for Bad Credit
Be sure to avoid buy here pay here car dealers, which have been denounced time and again for dishonest practices of one sort or another. There are more prominent dealerships that cater to people with poor credit, and at that same time provide an improved financing experience. As with all subprime loans, you can expect steeper rates of interest, heftier down payments, and smaller loans. With that being said, the rates and terms are more favorable than you would get at one of Fall River’s buy here pay here car lots. We have many such dealerships in our network, and you can get matched with one by applying online.
New or Used Vehicle?
New or pre-owned? It’s your choice. A brand new car is worth just 75-80% of its original price after the first year of ownership, and after 3 years, 50%, meaning you can often get a better deal by buying used.
|New Car||Used Car 1||Used Car 2||Used Car 3|
|Payment Per Month||$385.28||$416.51||$333.20||$277.67|
Buy Here Pay Here Dealers in Fall River, MA
Have you thought about getting your vehicle through a buy here pay here car dealer in Fall River? These types of Fall River bad credit car dealerships don’t depend on banks or outside lenders for approval, so they’re able to support a broad variety of customers. If you’ve got horrible credit, Fall River in house financing dealerships tend to be the only real way to go. However, Massachusetts bad credit car loans from credit unions and banks typically have lower rates.
What Car Should You Buy?
Wouldn’t you like to know how much you should commit to a car? Not more than 8% of your income each month should be invested in your loan payment. If you’re a resident of Fall River and earn $2,552 each month, this would be $204.
|Excellent Credit||Fair Credit||Subprime Credit|
|Term Length||60 Months||60 Months||60 Months|