Auto Loans in Beverly Hills (CA)

If you’re looking for a car loan in Beverly Hills, make sure you work with experts like us. Our company helps shoppers in Beverly Hills and across California, helping them get approval online for financing. We assign you a lending expert who will direct you step by step.

Cars Both Used and New in Beverly Hills

Have you considered which kind of car or truck you want, and whether you want it to be used or new? As the following chart demonstrates, pre-owned cars commonly cost less money in the long run, even with their higher interest rates.

New Car 1 Year Old 2 Years Old 3 Years Old
Percent of Original Price 100% 75% 60% 50%
Retail Price $38,560 $28,920 $23,136 $19,280
Money Down $7,712 $2,892 $2,314 $1,928
APR 5.00% 7.50% 7.50% 7.50%
Months 60 48 48 48
Monthly Installment $582.14 $629.33 $503.46 $419.55
Interest $4,080 $4,180 $3,344 $2,787
Total Cost $42,640 $33,100 $26,480 $22,067

You don’t have to decide now. Simply submit your application, and speak to a vehicle finance expert about your options.

Bad Credit Car Loans in Beverly Hills

Credit score is an essential variable when trying to finance a car, no matter where you live. Has yours suffered in recent years? Too many consumers head for one of the buy here pay here car lots in Beverly Hills, because of a bad credit score, but you really want to keep clear of these dealers. Fortunately, we serve customers who have credit problems of all kinds, helping them secure the loans they need.

Trying to find a car that suits your needs and price range is vitally important, , particularly if you will have a high interest rate on account of credit problems. If you apply through us, you can usually hammer out the specifics of your auto loan on the telephone, then set up an appointment for you to select your car and finalize the paperwork. Never let yourself be tempted into getting a car or truck that’s higher in price than you budgeted for. Re-establishing your credit is the highest priority.

Buy Here Pay Here Auto Loans in Beverly Hills, CA

The BHPH industry has expanded in recent years, largely due to the fact that so many consumers’ credit ratings suffered on account of the economy. They seldom perform credit checks, which means your credit problems probably won’t be a barrier, but you wind up paying handsomely for this. Regrettably, you can expect excessive loan rates, expensive down payments, and cars and trucks that are too expensive for their mileage and condition. Is elevating your credit a concern for you? Then you are better off applying through us, as BHPH car lots won’t help you boost your credit.

Beverly Hills Income and Finances

  • Annual Income: $46,271
  • Monthly Income: $3,856
  • Suggested Monthly Payment: $308 (8% of monthly income)

Beverly Hills Auto Loans Based on Credit Score

Have you considered how much car you can afford? Check the table below, but keep in mind the rates are only approximate, and the figures assume $46,271 in annual income, the Beverly Hills average. Repayment term is 5 years.

Good Credit Fair Credit Poor Credit
Income Per Month $3,856 $3,856 $3,856
Monthly Payment $308 $308 $308
Loan Rate 3.50% 7.00% 11.00%
Loan Term 5 Years 5 Years 5 Years
Vehicle Price $21,196 $19,474 $17,735
Down Payment $4,239 $3,895 $3,547
Total Interest $1,552 $2,930 $4,321
Price with Interest $22,748 $22,404 $22,056