Auto Loans in San Rafael (CA)

You are smart to search for financing in advance, for it often results in a less expensive rate of interest and more advantageous terms. Instead of waiting until you’re in a high-pressure situation at the dealership, we allow you to get approved for financing in advance. Enjoy the convenience of working with a committed financing specialist who can answer the questions you have and line up your loan.

Cars Both Used and New in San Rafael

If you’d like the very best bang for your buck, then a used car is the way to go. As chart below depicts, used cars will cost you less in the long run, even with their steeper loan rates.

New Car 1 Year Old 2 Years Old 3 Years Old
Percent of Original Price 100% 75% 60% 50%
Price $25,380 $19,035 $15,228 $12,690
Down Payment $5,076 $1,904 $1,523 $1,269
Interest Rate 5.00% 7.50% 7.50% 7.50%
Length 60 months 48 months 48 months 48 months
Payment $383.16 $414.22 $331.38 $276.15
Total Interest $2,686 $2,751 $2,201 $1,834
Total Cost $28,066 $21,786 $17,429 $14,524

It’s not necessary to decide today. Simply apply online, and chat with a vehicle finance expert about your options.

Bad Credit Car Loans in San Rafael

Borrowers who have good credit benefit from affordable loan rates and advantageous terms. However, many of us don’t have this pleasure. Fortunately, there are lenders and dealers in San Rafael that accept credit-challenged consumers. Through us, you can contact a vehicle financing expert from a dealer or lender within driving distance who is willing to finance your credit.

Should Your Score Be Higher?

In order to secure the lowest APR rate, make the time to inspect your credit report for inaccuracies that could be reducing your score.

One time every 12 months, you can check your credit at no charge at, a site created by the leading credit bureaus, in order to make sure you receive the annual percentage rate you deserve.

San Rafael Buy Here Pay Here Car Lots

Buy here pay here dealers would like you to assume that nobody but them will approve you. However, this is rarely the case. Dealers like these will approve just about anyone, no matter their credit, but there are issues. Regrettably, you can expect exorbitant annual percentage rates, large down payments, and well-used vehicles that are steeply-priced. Is boosting your credit a priority for you? Then you should apply online through us, since BHPH dealerships won’t help you restore your credit.

San Rafael Income and Finances

  • Income Per Year: $30,453
  • Monthly Income: $2,538
  • Average Car Payment: $279
  • Recommended Monthly Payment: $203 (8% of monthly income)

Buying a Car in San Rafael: What Can You Afford to Spend?

Do you know how much car you can finance? Have a look at the estimates below. The annual percentage rates have been estimated, and the figures presuppose $30,453 in annual income, the average in San Rafael. Repayment term is 5 years.

Excellent Credit Average Credit Subprime Credit
Car Payment $203 $203 $203
Interest Rate 3.50% 7.00% 11.00%
Payment Term 5 Years 5 Years 5 Years
Sticker Price $13,951 $12,817 $11,673
Money Down $2,790 $2,563 $2,335
Interest Paid $1,021 $1,928 $2,844

Ready to Get Rolling?

There are dealers and lenders who are waiting to approve your credit. Apply online, and we’ll get you approved. It’s fast, simple, and there’s no fee.