Auto Loans in Agoura Hills (CA)

In the market for a new or preowned vehicle? Then it’s likely that you are going to need a car loan to cover the full cost of the vehicle. We allow you to submit your application via our secure platform. We will match you with a lending professional who can help you get the car loan necessary for the vehicle you want.

New versus Pre-owned Cars in Agoura Hills

Both new and pre-owned vehicles can be financed through our partnered dealers, banks, and finance companies. Regardless of higher interest rates, used cars save you money, as is depicted in the comparison that follows.

New Car 1 Year Old Car 2 Year Old Car 3 Year Old Car
Sticker Price $49,520 $37,140 $29,712 $24,760
Owed Upfront $9,904 $3,714 $2,971 $2,476
APR 5.00% 7.50% 7.50% 7.50%
Term 5 years 4 years 4 years 4 years
Payment $747.60 $808.20 $646.56 $538.80
Interest $5,240 $5,368 $4,294 $3,579
Total Paid $54,760 $42,508 $34,006 $28,339

New vehicles are regarded as lower risks, however, which you should keep in mind if you have a history of bad credit.

Bad Credit Agoura Hills Car Loans

There are all types of things that bring about a reduced credit score: outstanding bills, repossession, going bankrupt, etc. Obviously, you don’t want to waste a lot of time struggling to find a company in Agoura Hills that will work with subprime borrowers. In all likelihood, we can place your application with a lender or dealer in our network who is ready to finance your credit.

If you want to minimize your rate of interest, don’t forget to look over your credit report for discrepancies that could be bringing down your score.

Every year, you can check your credit for free at AnnualCreditReport.com, a site created by the leading credit bureaus, so that you can make certain you are offered the APR rate you deserve.

Agoura Hills Buy Here Pay Here Car Lots

Buy here pay here dealers typically finance people who have major credit problems such as bankruptcy. Nearly all dealer financing is outsourced, in that dealerships go through various lenders to provide the loans, but BHPH dealers become both dealer and lender..

Regrettably, you can look forward to exorbitant annual percentage rates, huge down payments, and somewhat battered vehicles that are steeply-priced. There’s a reason why these car dealers don’t have a very good reputation. We can place you in the hands of a reputable dealer who can get your loan funded, even if you’ve experienced bankruptcy.

Loan Pre-approvals for Agoura Hills Consumers

The amount you can finance will depend on the amount of money you make, and how high your credit scores are. As an example, have a look at these figures based off of an income of $4,952 a month, which is the average in Agoura Hills.

Credit Income Factor Sum
Good Credit 10 $49,520
Average Credit 9 $44,568
Subprime Credit 8 $39,616
Poor Credit 7 $34,664
Horrible Credit 6 $29,712

The amount you can borrow, and the amount is advisable, aren’t one in the same.

Auto Loans at $396 per Month

Take a look at this table, which shows you what price car suits your budget based on your credit standing, given an income of $4,952 each month, 60 month repayment, and 20% down.

Excellent Credit Fair Credit Subprime Credit
Income Per Month $4,952 $4,952 $4,952
Monthly Payment $396 $396 $396
Loan Rate 3.50% 7.00% 11.00%
Payment Term 5 Years 5 Years 5 Years
Vehicle Price $27,221 $25,009 $22,776
Money Down $5,444 $5,002 $4,555
Amount Borrowed $21,777 $20,007 $18,221
Total Interest $1,993 $3,763 $5,549
Total Paid $29,214 $28,771 $28,325

Start Your Online Application

Golden West Auto Finance is your trusted source when it comes to getting a car financed in Agoura Hills. Submit your application, and we’ll get you approved. It’s quick, safe, and secure.