In the market for auto loans in Longmont, Colorado? We connect you with loan creditors who regularly approve automobile financing for applicants in Longmont, CO. Applying for your Colorado car loan will take only 2-3 minutes.
Why don’t we have a look at how it works?
- First off, you want to submit a secure online application.
- We try to connect you with the best auto loan lender in Longmont, CO, given your needs.
- Finalize your car loan documents and pick out your car or truck from a nearby car lot.
Click here to submit your application online.
No Down Payment Auto Finance in Longmont (CO)
Of course, we can help you get auto financing in Longmont with no money down, but down payments are essential. What amountis sufficient? Most companies will be happy with a down payment of 15 to 20%. You will also want to give some thought to your regular monthly payments. Never spend in excess of 18 to 20% of your income for your Colorado car loan. Let’s consider average numbers for Colorado residents.
- $48,066: Income (Annually)
- $4,006: Income (Per Month)
- $721 to $801: Car Payment
Have a bad credit score? Read more about auto financing for people with bad credit below.
Bad Credit Car Loans in Longmont (CO)
Want to buy a car or truck in Longmont, Colorado with bad credit? Let’s consider Colorado credit ratings as a whole:
- Avg CO Credit Rating: 674
- Credit Rating Considered “Poor”: 620 or lower
Fortunately for everyone who is searching for a car loan in Longmont, CO with bad credit, we offer access to a lender who doesn’t flat-out reject individuals who have credit ratings of less than 620.
Many auto loan websites say that all loan applicants are accepted, which is simply not true. These are the facts: we get 35-40% of our applicants the auto loan they need.
Bankruptcy Auto Loans: Longmont (CO)
The current economic climate has caused a rise in the number of Colorado bankruptcy filings and repossessions. Lots of Colorado residents are concerned about whether or not they’ll be able to buy a car after bankruptcy or repossession. Yes, it may take added effort, but we can help you find loan companies that grant bad credit car loans in Longmont, CO, even when you have undergone:
Often times though, the loan officer will expect you to pay a high annual percentage rate and put a good bit of money down.
Bad Credit Financing in Longmont, CO
Nearly all CO buy here pay here lots permit you to buy a car without any credit check. However, this diminishes your chances of strengthening your credit ratings.
At buy here pay here dealerships, also called a tote the note or your job is your credit car lot, the car loans are provided by the dealer directly finance company. Put simply, these establishments grant in house financing car loans to Colorado applicants with low credit scores.
For some folks, getting their auto loan without a credit check seems like the way to go. Lamentably, there are several potential shortcomings. These include substantial interest rates, hefty down payments, more risk of deceptive lending tactics, and limited vehicle selection.
But don’t fret, you may be able to get approved for an auto loan at better rates of interest than you could expect with a buy here pay here car lot.
Used or Bad Credit Car Lots in Longmont (CO)
- Bobs Auto Sales Inc, 1221 S Main St, 80501
- Auto Pawn USA, 1400 Nelson Rd, 80501
- Essex Motors LLC, 1011 S Main St, 80501
- McCarty Motors LLC, 905 Ken Pratt Boulevard, 80501
- Valley Hyundai, 600 South Main Street, 80501
- Longmont Auto Sales Inc, 10400 East I25 Frontage Road, 80504
- Oldsmobile Authorized Sales & Service, 1330 Main Street, 80501
- Frontier Honda, 710 South Main Street, 80501
- Ioerger’s Used Cars, 2 South Main Street, 80501
- Family Auto Center, 1 South Main Street, 80501
- Gunbarrel Import Motors Inc, 283 2 Avenue, 80501
- Longmont Toyota Inc., 116 S Main St, 80501
- Auto Truck Sales, 71 East 2nd Avenue, 80501
- J C’S Automotive Corner Inc, 12625 USHighway 287, 80504
- Big Jon’s Auto Sales, 131 South Main Street, 80501
- Kyles’s Cars, 1343 Main Street, 80501
- Herbert Motors, PO Box 1879, 80502
- Prestige, 200 Alpine Street, 80501
- Auto Connection, 125 South Main Street, 80501
- Frontier Honda, 710 S Main St, 80513
- Hajek Chevrolet, 1415 Vista View Dr, 80513
- Longmont Kia – New & Used Cars, 10168 E I-25 Frontage Rd, 80513