Auto Loans in North Highlands (CA)

When it comes to financing a car in North Highlands, few companies have streamlined the experience like we have. We do business with a vast network of dealers and lenders, and we have specialists standing by, awaiting your application. We place your application with a finance specialist who will assist you through the process.

Auto Loans in North Highlands for New Cars

There are a few things take into consideration when shopping for a new car, truck, or SUV. Brand new cars lose value right away, which means that you’re at a greater risk of negative equity. That said, a new car might be easier to finance with no down payment, mainly because of manufacturer incentives and such. In the end, you should probably consult an auto finance professional to determine if a new vehicle is best for you.

Used Car Financing in North Highlands

Preowned autos are priced lower, of course, so you’ll enjoy they cost less to finance and insure. A vehicle that’s two years old costs about one half of the original price. Financing less means less interest charged, even when you’ve got a more significant rate. Even if you’re under water on a used vehicle, it will typically be for a shorter period of time. Ultimately, a used vehicle is usually a better investment.

Buying a Car with Bad Credit in North Highlands

When you’ve got low credit scores, bank financing typically isn’t possible. You don’t want to deal with being turned down for credit, and therefore it is important to find a company in North Highlands that specializes in subprime credit. Through us, you can contact an automotive lending specialist from a dealer or lender in your zip code who is willing to approve you for financing.

Cleaning up Discrepancies on Your Credit Report

It’s now believed that 20% of Americans have an inaccuracy on their credit report, which can lead to a lowered credit score

Thankfully, it is relatively easy to challenge such discrepancies, and it could lead to:

  • More affordable annual percentage rates
  • Less expensive down payments
  • Longer term financing

North Highlands Buy Here Pay Here Dealers

Considering a buy here pay here dealer because of bad credit? Usually, there are better options. Dealers like these will finance virtually anybody, no matter their credit, but there are drawbacks. Unfortunately, you can look forward to exorbitant interest rates, huge down payments, and well-used vehicles that are steeply-priced. Because of this, these retailers have a lousy track record. We want to connect you with a reputable dealer who can get you in the car or truck you need, even if you’ve had to file bankruptcy.

North Highlands Consumer Profile

  • Per-Year Income: $34,139
  • Monthly Income: $2,845
  • Average Car Payment: $313
  • Optimal Monthly Payment: $228 (8% of monthly income)

Ready to determine how much car is within your budget? Take a look at the numbers below, but remember that the annual percentage rates have been approximated, and the amounts presuppose an income of $34,139 annually, the North Highlands average. Loan length is 60 months.

Good Credit Decent Credit Bad Credit
Car Payment $228 $228 $228
APR 3.50% 7.00% 11.00%
Purchase Price $15,639 $14,368 $13,085
Money Down $3,128 $2,874 $2,617
Interest Paid $1,145 $2,162 $3,188

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If your credit score isn’t so good, don’t worry. We don’t charge an application fee, and you could be purchasing your new car or truck in no time.