AUTO FINANCING 101

On this page, you can find answers to some of our most often asked questions. If you are a first time buyer searching for auto financing online, this page will be especially helpful to you.

1) Do I need good credit to buy an automobile? No, if that were the case, almost no one would be driving! Most people do depend on getting auto financing to obtain a vehicle, while good credit is certainly taken into consideration, it is almost never the only requirement.

2) Can first time buyers get auto financing without a co-signer? Possibly, but it depends on many other factors, such as your income, length of time on the job, length of time at your current residence, and several other factors. If you have good, reliable income, and show to be trustworthy, you may not need a co-signer. FYI: Many lenders are willing to take the risk on a first time buyer if you show to be of good character.

3) How do I know what I can afford for monthly payments on an auto? Normally, when doing a budget you shouldn't exceed 25% of your gross salary on an auto financing payment . Of course, everyone has different circumstances and should consult with the lender when making this decision.

4) Can you provide auto financing for someone who wants to buy a car from an individual? At this time, we are not able to do this type of auto financing. You will probably need to go to a bank.

5) Do I need to get auto insurance if my auto is financed? Yes, all states require automobile insurance.

6) Do I need a down payment to get auto financing? Not necessarily. There are many down payment assistance programs to assist you if you qualify otherwise. Ask your lender what options are available for you.

7) What states do you cover? Our dealer network is nationwide including Alaska and Hawaii. A lender from your area will contact you soon after your online application is submitted.

8) My credit is really bad. My bankruptcy was just discharged two years ago, but have had no credit problems since, can I qualify for auto financing? YES! You can qualify for auto financing. Having a discharged bk and no bad credit since is a plus for you. Ask your lender about Special Auto Financing for Bad Credit.

9) What kind of information do I need to get started? You will need a valid id (must be at least 18 years of age), proof of residency, and proof of income. The lender may require additional items, but he/she will let you know if this is the case.

10) Can I apply for auto financing over the phone? No, we do not accept phone applications due to concerns for customer privacy. Our online auto financing application is much safer...it is transferred on a secure server.

11) How long does it take to get auto financing? On normal business days, the lenders should contact you with 24 hours. Most however, do call within an hour or so, of receiving your application. If you do not hear from a lender, it is probably due to the fact that the application you submitted was incomplete or inaccurate. Please provide us with valid contact info for fastest service.

12) My question is not listed here, how can I contact you? Please read our contact info.

Take me to the online Auto Financing Application now!