How to Get an Auto Loan if You Have Bad Credit
Auto Loans with Bad Credit: A Guide
Sometimes, auto financing can be a tough pill to swallow, especially if you've had credit difficulties. When lending seems almost impossible, you might be tempted to give up altogether. Borrow a friend's car for a little while, use a rideshare service, or city transportation. Those are a few options, but here's another. You can visit 1st Choice Motors. We'll show you why we're the first choice for so many people in the market to buy a used car in Madison Heights, VA.
It's Like Magic at 1st Choice Motors
We don't want you to be discouraged when you shop for a used car. That's why we'll get the hard things out of the way first, but here's the thing-it's not as hard as you think! Since we specialize in bad credit financing, we have resources that many other dealerships in Beford, VA, don't have. Our connections with various subprime lenders in the industry will give you more opportunities to find an auto loan, no matter your situation. That's not all. We will help you find:
Manageable Monthly Payments
We work directly with you to iron out comfortable monthly payments. Affordability is just part of the process. After we get that all ironed out, then we'll focus on the quality of options you have in front of you.
Quality Pre-Owned Vehicles
Unlike many other used car lots near Lynchburg, VA, we have an onsite repair facility with qualified mechanics. They ensure that every vehicle is up to par. Confidence and peace of mind come free with every used vehicle in our inventory.
Ways to Get in Position to Finance Your Vehicle
The Down Payment
The down payment is a huge benefit when financing your vehicle. The larger your down payment, the less your monthly payment. The two go hand in hand.
Find a Co-Borrower
One way to get a helping hand is with a co-borrower. If this person has a better credit rating than you, your chance of landing in the driver's seat will skyrocket. Ask friends or family members if they would be willing to help you find a vehicle as a co-borrower.
Secure a Loan Through Your Own Bank or Credit Union
Many of our customers already have a lender in place when they arrive. When you finance through your own bank or credit union, you could secure lower rates and, depending on your history with them, have an easier time with the lending process.
Our Used Inventory
The only thing you'll settle for is a lower payment. For everything else, you can keep your expectations sky high. Looking for a specific model or price range? We will make it easier for you to find it in our used inventory.
Used Cars Under $20,000
You can see everything we have for less than $20k. Filter your search by brand, feature, seating, and more. We have dozens of vehicles ready to go today for less than $20,000.
Low Mileage Used Cars
If you want to find a like-new vehicle, our low-mileage inventory is the way to go. You can find vehicles with a handful of miles on the odometer, which means you're in line for a late-year model with some pretty awesome features!
Fuel Efficient Vehicles
If you live in Timberlake, VA, but work in Amherst, VA, you will surely rack up many miles in between. That's why commuters love our fuel-efficient inventory. Make your dollar stretch with one of these used vehicles.
Featured Vehicles
We know what's popular to drive in Madison Heights and the surrounding areas. That's why our featured inventory is here. These popular, hand-picked vehicles are priced competitively and ready to go today.
1st Choice Motors
If you have any other questions about our financing process or are ready to get in the driver's seat today, contact us. We are ready to help you remove the uncertainty and find an auto loan, no matter your situation. Start your online application today.
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