Auto Loans in Artesia (CA)

There are several different ways to obtain a car loan in Artesia, but only a few firms have streamlined the process like us. We assist shoppers in Artesia and throughout California, helping them arrange their financing online. It truly is tough to imagine an easier way to secure the financing you need.

New and Used Car Loans in Artesia

Everyday, we support consumers in financing both new and used cars and trucks. Even with more expensive interest rates, pre-owned cars cost you less, as this table makes clear.

New Car 1 Year Old 2 Years Old 3 Years Old
Price $32,610 $24,458 $19,566 $16,305
Owed Upfront $6,522 $2,446 $1,957 $1,631
Loan Rate 5.00% 7.50% 7.50% 7.50%
Months 60 48 48 48
Monthly Installment $492.31 $532.22 $425.78 $354.81
Total Interest $3,451 $3,535 $2,828 $2,357
Total Paid $36,061 $27,992 $22,394 $18,662

It’s not necessary to decide now. Just submit your application, and speak to a vehicle finance specialist about your options.

Considerations for People in Artesia with Bad Credit

If you have bad credit, having your auto loan approved through a bank normally isn’t an option. Of course, you don’t want to spend your weekends looking for a dealer or lender in Artesia that will work with credit scores that aren’t perfect. This is where we come in. At Golden West Auto Finance, we serve customers all across the credit spectrum, getting them the loans they need.

They estimate that 20% of the people in our country have an inaccuracy on their credit report, as reported by one of the major credit reporting agencies.

Make sure to pull your credit report no less than once per year. Not doing so could result in higher rates, smaller loans, and less chance for being approved.

Artesia Buy Here Pay Here Dealers

For people who have experienced bankruptcy or repossession, a buy here pay here dealer could possibly appear to be a smart move. Dealers like these will finance pretty much anybody, no matter their credit, but there are disadvantages. Unfortunately, you can expect high interest rates, big down payments, and cars and trucks that cost too much given their mileage and condition. Is elevating your credit important to you? Then you are better off applying through us, as buy here pay here car lots won’t aid you in restoring your credit.

Loan Amounts for Artesia Residents

Nearly all lenders review your income and credit score to calculate how much they’ll lend you. Check out these amounts for the average Artesia consumer who has a monthly income of $3,261.

Credit Income Factor Sum
Excellent Credit 10 $32,610
Average Credit 9 $29,349
Temporary Bad Credit 8 $26,088
Poor Credit 7 $22,827
Really Bad Credit 6 $19,566

Please don’t finance a more expensive car than you should, only because you can.

How Much Car You Can Afford at $261 a Month

Wondering how much car you can afford? Check the estimates below. The lending rates have been estimated, and the amounts are based upon an annual income of $39,135, the Artesia average. Loan length is 5 years.

Great Credit Okay Credit Bad Credit
Payment $261 $261 $261
Loan Rate 3.50% 7.00% 11.00%
Sticker Price $17,926 $16,469 $14,998
Money Down $3,585 $3,294 $3,000
Borrowed Funds $14,341 $13,175 $11,999
Interest Paid $1,312 $2,478 $3,654

Apply Online in 3 Minutes

Our company is your trusted source when it comes to getting a car financed in Artesia. We will place your application with a finance consultant from a dealer or lender in your area.