Here at Car Loan Arizona, we enable you to obtain vehicle financing in Prescott, even when your credit is below average. Whether you want a new or used car or truck, it’s our mission to help you get behind the wheel for less. What’s even better, it costs nothing.
Let’s talk about how the process works.
- To start with, you’ll want to submit your secure online application.
- We’ll attempt to place your application with the best auto loan lender in Prescott, AZ, given your income, down payment, and location.
- When pre-qualified, a special finance supervisor will make contact with you either by telephone or email.
- Finalize your auto financing documentation and pick your car from an area car lot.
Please click here to submit your secure application.
Acceptance and Rate Of Interest
The city’s average income per month is $1,173. The average credit score is 659. Of course, these are just average numbers. You don’t need to earn more than $1500 per month to qualify for an auto loan in Prescott, AZ.
Nearly all auto loan providers will expect you to make at least $1500 income monthly. Besides that, your level of existing debt, inclusive of your auto loan, must not surpass 50% of your earnings. For car shoppers in Prescott, AZ, this comes out to $587 (average).
Don’t meet these requirements? You might still qualify by taking one or more of these steps:
- Get Somebody to Co-sign
- Furnish a Larger Down Payment
- Opt for Buy Here Pay Here Car Loans.
Car Loans For Used Cars: Prescott (AZ)
What amount should you be spending on a car loan? That depends upon a variety of factors, but this is a solid rule of thumb: commit only 18-20 percent of your regular monthly wages for things like:
- Car Payments
- Repairs and Maintenance
If you earn $14,074 a year, this means $211-$235 per month.
Bad Credit Auto Loans in Prescott, Arizona
Have less-than-perfect credit?
No one likes to have their credit denied. We can help. Earn around $1500 monthly? If so, you have a very good chance of being qualified.
Getting a Car With No Credit Check: Prescott (AZ)
In Prescott, Arizona, buy here pay here loans have become a lot more common.
When it comes to buy here pay here car dealers, also known as no credit check or your job is your credit car lots, the dealership does not turn to 3rd party loan creditors to approve auto loans. In other words, these dealers provide in house financing car loans to Arizona car shoppers with low credit ratings.
To some applicants, getting their auto loan with no credit check seems like the way to go. Alas, they have some main disadvantages. The rates of interest and money due at signing are high; additionally, you’ll have little chance to re-establish your credit rating through such an establishment.
You want to explore any AZ in house financing car dealership online. Attempt to find someone who has bought a car from them before, and learn whether or not they would recommend them.
Prescott (AZ) Dealerships That Might Offer Auto Financing
- Tim’s Used Cars, 6740 E Hwy 69, 86301
- Performance Autos Unlimited, 1120 E Gurley St, 86301
- City Auto Sales, 620 E Sheldon St, 86301
- McIlvain Motor CO Inc, 400 W Gurley St, 86301
- Kalabercreations Inc, 580 Miller Valley Road, 86301
- York Motors Inc., PO Box 2039, 86302
- Prescott Honda, 1240 West Iron Springs Road, 86305
- Affordable Auto Sales, 615 Bird Street, 86301
- Kachina Motors, 240 West Walker Street, 86303
- Sunburst Motors, 324 South Montezuma Street, 86303
- Hayden Motors, 525 East Sheldon Street, 86301
- Lamb Discount Auto Center, 650 Whipple Street, 86301
- Auto Craft Inc, 1101 West Iron Springs Road, 86305
- Lamb Subaru, 828 Gail Gardner Way, 86305
- Blount Auto Auction, 36545 State Highway 79, 86301
- Tim’s Toyota, 1006 Commerce Dr, 86305
- North County Auto Sales, 1453 West Iron Springs Road, 86305
- Prescott Auto Sales, 811 Whipple Street, 86301
- Lamb Nissan, 440 Prescott Lakes Pky, 86333
- York Dodge Chrysler Jeep, 500 Prescott Lakes Pky, 85332
- Galpin Ford, 1000 Sandretto Dr, 86333
- Prescott Honda, 1240 W Iron Springs Rd, 86333