If you are looking to buy a new car, you probably need an auto loan. Our knowledge of the field is unrivaled, and we have one of the highest success rates you’re likely to find. We put you in touch with a credit professional whose mission is to get you approved for the car you want.
Auto Loans in Park Hills for New Vehicles
New cars clearly aren’t the most cost effective option, and they lose value at a shocking rate. Because of this, they are best avoided unless you are a certain kind of borrower. You’re comfortable with spending a lot on a car, and you don’t plan on trading in this vehicle before the finance term comes to an end. If you aren’t able to meet these guidelines, you might want to think about a used vehicle.
Used Vehicle Financing in Park Hills
In today’s times, automobiles can go tens of thousands of miles before running into issues, which means a used vehicle is rarely a problem from a maintenance perspective. Used cars and trucks come with higher finance fees, but down payments are much less than what they are for new cars and trucks of an equivalent value. Even if you’re under water on a used vehicle, it typically won’t be for as long. Overall, your bank account will thank you for buying a used vehicle.
Park Hills Bad Credit Car Loans
There are all kinds of complications that cause a low credit score: medical bills, foreclosure, bankruptcy, and much more. You don’t want to deal with rejected credit. That’s the reason it is essential to get in touch with a dealer or lender in Park Hills that provides auto loans for low credit scores. More than likely, we can place your application with a dealer or lender within driving distance who is ready to approve your credit.
Should Your Score Be Stronger?
For the best APR rate, be sure to check your credit report for mistakes.
Each year, you can check your credit at no cost at AnnualCreditReport.com, a site created by the leading credit bureaus, to ensure you get the interest rate that’s as low as possible.
Buy Here Pay Here Car Lots in Park Hills, MO
If you’ve got been through bankruptcy or repossession, buy here pay here financing might sound like a good plan. These dealers will approve virtually anyone, regardless of their credit, but there are drawbacks.
More often than not, preowned cars and trucks are the only thing offered, and these aren’t zero down car loans. In most cases, the down payment is equivalent to the vehicle’s wholesale value. Rates that match the state’s maximum legal limit are common. There’s a reason why these dealers have a bad track record. We can connect you with a reputable dealer who can get you the funds you need, regardless of your credit.
Park Hills Income and Finances
- Annual Income: $29,963
- Monthly Income: $29,963
- Average Car Payment: $275
- Optimal Monthly Payment: $200 (8% of monthly income)
Have a look at this chart showing what car can be afforded with a payment amount of $200, 20% down payment, and 60 month term.
|Excellent Credit||Fair Credit||Bad Credit|
|Total with Interest||$14,731||$14,538||$14,309|