Auto Loans in Rohnert Park (CA)

If you’re looking for an auto loan in Rohnert Park, we can help. We allow you to submit your application through our system. We will match you with a financing consultant who can help you line up the car loan necessary for the vehicle you want.

Credit Approval for Rohnert Park Consumers

  • Be truthful when submitting application.
  • Limit the amount financed by offering a down payment.
  • Assuming you have significant credit problems, get somebody to co-sign for your vehicle.

Rohnert Park Bad Credit Car Loans

There are all types of complications which can cause a bad credit score: unpaid bills, foreclosure, bankruptcy, and much more. Far too many shoppers head for a buy here pay here car lot in Rohnert Park, on account of bankruptcy or other issues, but it’s best to stay clear of these car dealers. The good news is, we specialize in serving customers at every point on the credit spectrum, getting them approved for the loans they need.

Bad Credit Dealerships in Rohnert Park

You want to buy a vehicle to suit your auto loan, not vice versa, and your dealer should help you pick the right vehicle. If you apply through us, you can usually work out the details of your finance package ahead of time, then select a date to visit the dealership and pick out your vehicle. If at all possible, your car payment should be just 5-8% of your monthly income. For instance, a resident of Rohnert Park who earns $1,443 each month, the average, should plan to dedicate around $72 to $115.

Rohnert Park Buy Here Pay Here Dealers

For people who have been through bankruptcy or repossession, buy here pay here financing could very well appear to be the only option. Typically, dealer finance is outsourced, in that car dealers work with a network of lenders to provide the loans. By contrast, BHPH dealers don’t. They make approval decisions in-house, generally without any credit check. Downsides include ridiculous loan rates, down payments, and vehicle prices, and you’ll probably get a car or truck that has already been repossessed from a previous owner For this reason, these dealers have a sullied reputation. We want to connect you with a reputable dealer who can get you behind the wheel of an excellent vehicle, even if you’ve had to file bankruptcy.

Getting a Loan for a Vehicle in Rohnert Park: The Amount You Can Finance

Need to know what size car loan you’ll be able to get based on your income and credit? These figures use an income of $1,443 per month, the average in Rohnert Park.

Credit Score Multiplier Amount Borrowed
Great Credit 10 $14,430
Decent Credit 9 $12,987
Subprime Credit 8 $11,544
Bad Credit 7 $10,101
Horrible Credit 6 $8,658

It’s always a mistake to get a loan than you really need, only because it’s possible.

How Much Car You Can Afford at $115 a Month

How much you can shell out on a car hinges on a range of factors. The numbers in the table below derive from a monthly payment of $115, which is 8% of the average consumer’s monthly income in Rohnert Park, along with a 20% down payment and 5-year repayment terms. Lending rates are approximated.

Great Credit Okay Credit Subprime Credit
Monthly Income $1,443 $1,443 $1,443
Monthly Payment $115 $115 $115
APR 3.50% 7.00% 11.00%
Sticker Price $7,932 $7,287 $6,637
Down Payment $1,586 $1,457 $1,327
Amount Borrowed $6,346 $5,830 $5,309
Interest Paid $581 $1,096 $1,617

Start Your Finance Application

Regardless of your credit, it’s our mission to help you find the loan you need. Apply online, and we’ll get you approved. It’s fast, safe, and there’s no fee.