Auto Loans in Concord (CA)

It is smart of you to try and find financing before heading off to the dealership, as it eliminates many of the hassles from the car-buying experience. Our network of credit specialists is first rate, and that means we can help applicants of every kind, from good credit to bad. It truly is difficult to find a more convenient way to purchase your next car.

Benefits for Concord Car-Buyers

  • Deep network of California lenders and dealers.
  • Don’t have to discuss price and financing together.
  • Book an appointment to purchase your car or truck.
  • Zero down frequently offered to qualified applicants.
  • Comprehensive range of new and pre-owned vehicles.

Bad Credit Car Loans in Concord

For those who have subprime credit, a bank-financed loan ordinarily isn’t an option. You don’t want to deal with rejected credit. This is why it is essential to find a lender or dealer in Concord that specializes in bad credit. Fortunately, we specialize in serving clients who have credit problems of all kinds, helping them secure the loans they need.

A large part of your credit score is determined by your record of payments. That means an auto loan, being a significant loan, can help you restore your credit.

Indeed, you may be able to refinance your vehicle after your score has climbed some.

Set aside 8% of your monthly income, and no more, for your car payment. If you reside in Concord and, like the average resident, make $2,735 per month, this is $219.

Concord Buy Here Pay Here Dealerships

The buy here pay here industry has boomed in the past few years, largely because so many people’s credit scores were impacted by the economic crisis. Normally, dealer financing is indirect, in that dealers go through banks and lenders with whom they have relationships to provide the loans, but buy here pay here dealers provide car loans independently. Problems with sort of financing include:

  • Inflated Finance Fees
  • Exorbitant Down Payments
  • Steeply-Priced Autos
  • GPS Tracking Devices

There’s a good reason that these dealerships have a sullied reputation. We can connect you with a reputable dealer who can get you financed, not matter your credit.

Concord Consumer Profile

  • Annual Income: $32,815
  • Monthly Income: $2,735
  • Ideal Car Payment: $137 to $274 (5-10% of monthly income)

Have a look at this chart, which shows you what price car you can finance based on your credit score, provided an income of $2,735 a month, 5 year loan, and 20% down.

Excellent Credit Okay Credit Subprime Credit
Payment Amount $219 $219 $219
Rate 3.50% 7.00% 11.00%
Sticker Price $15,034 $13,812 $12,579
Down Payment $3,007 $2,762 $2,516
Total Interest $1,101 $2,078 $3,065
Total Paid $16,135 $15,890 $15,644

Complete Your Application Online!

We are your trusted source for auto financing in Concord. Apply online, and we’ll get you approved. It’s fast, safe, and there’s nothing to lose.