Auto Loans in Burlingame (CA)

Increasingly, buyers in Burlingame are setting up their financing before going to the car lot, as there are many advantages:

  • Less time spent at the dealership.
  • Likelihood of a lower interest rate.
  • Greater bargaining power.

We work with a vast network of dealers and lenders, and we specialize in placing your application with the lender that can get you in the car you want. We connect you to a lending specialist whose goal it is to get you approved for the car you want.

The Easiest Way to Buy a Car in Burlingame

  • Help and advice from a trained auto finance advisor.
  • Scheduled appointment to purchase your car.
  • Open to any or all credit scores.

Burlingame Car Loans for People with Bad Credit

Credit score is critical when you finance a car not just in Burlingame, but everywhere. Has yours weathered a few bumps along the way? No one likes to deal with a credit denial, so you’ll want to contact a lender or dealer in Burlingame that helps people with problematic credit. When you apply for financing through Golden West Auto Finance, we work to place your application with a lender or dealer within driving distance who is willing to work with your credit.

Credit report discrepancies are getting to be fairly commonplace. Have you made sure your below-average credit isn’t caused by such issues?

You’ll want to take a look at your credit history at least one time per annum. Not doing this could contribute to higher rates, smaller loans, and less chance of being approved.

Buy Here Pay Here Financing in Burlingame, California

Maybe you’ve considered financing a car through a BHPH dealer because of bad credit? Usually, there are more attractive alternatives. For the most part, dealer financing isn’t direct to the consumer, in that car dealers go through banks or credit unions to provide the loans, but buy here pay here dealers provide loans independently. Alas, you will be faced with inflated annual percentage rates, high down payments, and somewhat battered vehicles that are steeply-priced. There is a good reason that these retailers don’t have an outstanding reputation. Let us place you with a reputable dealer who can get you the funds you need, even if you’ve been through bankruptcy.

Burlingame Consumer Profile

  • Per-Year Income: $41,094
  • Monthly Income: $3,425
  • Typical Car Payment: $377
  • Optimal Monthly Payment: $274 (8% of monthly income)

Purchasing a Car in Burlingame: What Can You Afford to Spend?

Have you considered how much car is feasable? Check the chart below, but keep in mind the rates of interest have been approximated, and the amounts are based on $41,094 in yearly income, the average in Burlingame. Repayment term is 5 years.

Prime Credit Okay Credit Bad Credit
Income Per Month $3,425 $3,425 $3,425
Payment Amount $274 $274 $274
Loan Rate 3.50% 7.00% 11.00%
Vehicle Price $18,827 $17,297 $15,753
Down Payment $3,765 $3,459 $3,151
Loan Amount $15,062 $13,838 $12,602
Interest Paid $1,378 $2,602 $3,838
Total with Interest $20,205 $19,899 $19,591