Get an Auto Loan Quote

Auto Loans in Bellevue (WA)

Getting a car financed was no big issue before the downturn, but not any longer. It’s important that you find a lending company who doesn’t just reject every applicant with poor credit. Regrettably, this isn’t unheard of among many lenders. We work with an unrivaled network of dealers and lenders that are dedicated to financing your purchase, whether it’s a new car you’re shopping for or a pre-owned one. Your vehicle finance agent can help you:

  • Check interest rates.
  • Choose a bank or finance company.
  • Schedule a time to purchase your vehicle.

Visit here to contact your finance professional.

Bellevue Car Dealers for Bad Credit

Have you given thought to where you could buy your next car? If you have poor credit, private party car loans are generally not available. Odds are you’ll need to buy your vehicle from a local Bellevue dealership. Thankfully there are dealers that finance bad credit. Unlike buy here pay here dealers, these dealers offer:

  • Lower rates of interest.
  • Manageable down payments.
  • Both used and new vehicles.

The dealer will examine your credit and income to decide the models you qualify to finance. So as to steer clear of missed payments or repossession, look for an economical, reliable vehicle with payments that amount to just 10% of your income–any higher, and you may find it challenging to make your payments on time and in full. If you earn $3,827 per month, this comes to a payment of $383. Submit an application to learn your options.

New or Pre-owned Car

Most buyers can qualify to finance either a new or used car. New vehicles come with more affordable rates of interest. Having said that, they cost significantly more than their used equivalents, and additionally they require bigger down payments.

New Car Pre-owned Car
Age New 3 Years Old
Price $38,270 $19,135
Down Payment $7,654 $1,914
APR 5.00% 7.50%
Duration 60 months 48 months
Payment $577.76 $416.40
Interest $4,050 $2,766
Total Investment $42,320 $21,901

Bellevue Buy Here Pay Here Financing

The BHPH industry keeps growing, largely due to the fact that so many people’s credit ratings took hits on account of the economic crisis. A lot of dealer finance is indirect, as dealerships go through banks and lenders with whom they have relationships to finance the loans, but buy here pay here dealers determine who gets financed on site, usually without a credit check. More often than not, preowned vehicles are the only thing offered, and dealers may have you pay weekly, in person. The numbers of vehicles being repossessed are astronomical, much like the interest rates. Because of this, these dealerships have a lousy reputation. We want to put you in touch with dealer finance specialist who can get you financed, even if you’ve had to file bankruptcy.

Which Cars Are Ideal For Bellevue Residents

Car lots in Bellevue are filled with cars that you are capable of purchasing, but which wouldn’t be the best choice. Try and avoid spending greater than 8% of what you make each month on this new payment. If you live in Bellevue and make $3,827 per month, this would be $306.

Exceptional Credit Fair Credit Subprime Credit
Income Per Month $3,827 $3,827 $3,827
Payment $306 $306 $306
Rate 3.50% 7.00% 11.00%
Term 5 Years 5 Years 5 Years
Down Payment $4,207 $3,865 $3,520
Loan $16,830 $15,462 $14,081
Total Interest $1,540 $2,908 $4,288
Total Investment $22,577 $22,235 $21,890
Sticker Price $21,037 $19,327 $17,602

Used Cars in Bellevue for Sale

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