Auto Loans in Tustin (CA)

Cars are costly these days, but if you approach the financing process the appropriate way, you will save a bundle in the end. We enable you to submit your application through our system. You will be led step-by-step through the auto financing process by a finance professional in Tustin.

Reasons Tustin Car-Shoppers Choose us

  • Unrivaled range of California dealers and lenders.
  • No need to discuss price and APR simultaneously.
  • Much less time wasted in the dealer office on the day of purchase.
  • No application fees.

Financing a Car with Bad Credit in Tustin

Banks usually approve those with good credit scores. That is, scores of 700 or higher. Seeking out a lender in Tustin that specializes in bad credit is essential, as you don’t want to have your application turned down or face an exorbitant interest rate. We can help. We serve people all across the credit spectrum, getting them approved for the loans they need.

A car loan can certainly help your FICO score. Just be sure to make each month’s payment on time. Indeed, after a year or two of good payment history it’s possible you’ll be able to refinance at a lower rate. Selecting the right payment amount is a must. To illustrate, let us suppose you make $3,721 per month, the average for Tustin residents.

  • Low Payment: $186 (5%)
  • Intermediate Payment: $298 (8%)
  • Maximal Payment: $372 (10%)

Buy Here Pay Here Auto Loans in Tustin, California

Maybe you’ve thought about BHPH financing on account of bad credit? Usually, there are more attractive options. These car lots grant auto loans on site, while conventional dealerships farm this out to one of their affiliated lenders, and they finance just about everyone.

Negatives include:

  • Excessive Finance Fees
  • Extortionate Down Payments
  • Overpriced Autos
  • GPS Tracking Devices

Is improving your credit one of your goals? If so, you should contact an automotive finance specialist through us, as buy here pay here dealers will not help you restore your credit.

Buying a Car in Tustin: How Much Can You Finance?

The amount you can finance will be based off of your credit and income. These amounts are based of of an income of $3,721 monthly, the average for people in Tustin.

Credit Score Multiplier Amount
Good Credit 10 $37,210
Average Credit 9 $33,489
Subprime Credit 8 $29,768
Poor Credit 7 $26,047
Terrible Credit 6 $22,326

However, it’s safer to buy a less expensive car than you’re actually able to.

Auto Loans with $298 Monthly Payment

Consider this chart, which displays what price car is within your budget based upon your credit rating, provided an income of $3,721 per month, 60 month term, and 20% down.

Exceptional Credit Fair Credit Poor Credit
Monthly Installment $298 $298 $298
Loan Rate 3.50% 7.00% 11.00%
Sticker Price $20,454 $18,792 $17,114
Down Payment $4,091 $3,758 $3,423
Loan $16,363 $15,033 $13,691
Total Interest $1,497 $2,827 $4,170
Total Amount Paid $21,952 $21,619 $21,284

Contact a Finance Specialist Near You

No matter your credit, we’d love to help you find the funding you need. We don’t charge an application fee, and you could be driving down the streets of Tustin in no time.