Frequently asked questions
Take a look below to have your questions answered.
The usual minimum income required is about $1,500 per month. But this amount varies among lenders.
This is determined by several factors such as amount of purchase, interest rate, term and down payment. To help figure out your payments, we have a payment calculator on our web site.
We have many programs that allow you to put zero money down, or when down payment is required, allow you to defer all or part of it.
Whether it’s a discharged Chapter 7 or an active Chapter 13, we have many lenders who specialize in auto loans for people with this specific need.
Everybody changes jobs. Your ability to make regular, on-time payments is the important part.
Trade-ins are welcome, whether they are running or not. If you owe money or have a clear title, we can help.
The biggest challenge for first-time buyers is typically related to not having a large credit file for the lenders to review. We can still help you get behind the wheel at a local dealer.
Being self-employed in most cases is not a problem. Having verifiable income is the key.
In most cases buyers can get a little extra help from the bank to overcome negative equity, or what is commonly referred to as being “upside down” in your trade-in. This takes the form of rolling the negative equity of your previous vehicle into the loan of the new one.
Our nationwide network of auto dealers provides all types of vehicles, both new and used. Sport utilities, vans, trucks, passenger cars, luxury cars and sports cars.
If your co-signer has good credit status, this will definitely help your chances of getting an approval.