Auto Loans in Grass Valley (CA)

If you need an auto loan in Grass Valley, we can help. We have access to a diverse network of dealers and lenders, and we are experts in matching you to the lender who suits you best. Expect to be walked step by step through the auto financing process by a lending specialist in Grass Valley.

Cars Both New and Used in Grass Valley

Have you considered which kind of vehicle you’re looking for? Do you want it to be new or pre-owned? In spite of more expensive interest rates, pre-owned cars cost you less, as you can see from the numbers that follow.

New Car 1 Year Old Car 2 Year Old Car 3 Year Old Car
Percent of New Price 100% 75% 60% 50%
Sticker Price $35,190 $26,393 $21,114 $17,595
Owed Upfront $7,038 $2,639 $2,111 $1,760
APR 5.00% 7.50% 7.50% 7.50%
Length 60 months 48 months 48 months 48 months
Payment $531.26 $574.33 $459.46 $382.89
Finance Fees $3,724 $3,814 $3,052 $2,543
Total Paid $38,914 $30,207 $24,166 $20,138

Ready to get your credit approved? Go here to submit your application.

Bad Credit Car Loans in Grass Valley

Maybe you have a bad credit score resulting from such issues as overdue bills, company layoffs, repossession, or bankruptcy? Choosing the best finance company in Grass Valley that finances people with bad credit is crucial. Otherwise, you could be rejected or be charged an unnecessarily high APR rate. When you submit your application through Golden West Auto Finance, we work to find you a lender or dealer within driving distance who wants to approve your credit.

An auto loan can definitely contribute to an increased credit score. Just make sure to make each of the payments and never miss one.

At the same time, if you miss payment, it can bring down your score significantly. You’ll want to choose an affordable monthly payment. Typically no more than 5-8% of your monthly income is recommended, or $176 to $282 if you get paid $3,519, the average in Grass Valley.

Grass Valley Buy Here Pay Here Financing

Buy here pay here dealers normally work with people who’ve got truly serious credit problems such as:

  • Chapter 7 or 13 Bankruptcy
  • Involuntary Repossession

Such dealerships provide auto loans directly, while most dealerships make use of banks and finance companies, and they typically don’t conduct credit checks. Negatives include:

  • Outrageous Finance Fees
  • Outrageous Down Payments
  • Steeply-Priced Vehicles
  • Aggressive Repossession Tactics

There’s a reason that these retailers don’t have the best track record. We want to place you in the hands of dealer finance specialist who can get you financed, even if your credit is awful.

Grass Valley Consumer Profile

  • Income Per Annum: $42,222
  • Monthly Income: $3,519
  • Optimal Monthly Payment: $282 (8% of monthly income)

Auto Financing in Grass Valley Based on Credit Score

Here we have a chart showing what car you can afford with a payment amount of $282, 20% down payment, and 60 month term.

Good Credit Average Credit Bad Credit
Monthly Income $3,519 $3,519 $3,519
Monthly Installment $282 $282 $282
Rate 3.50% 7.00% 11.00%
Purchase Price $19,344 $17,772 $16,185
Down Payment $3,869 $3,554 $3,237
Total Interest $1,416 $2,674 $3,943