Auto Loans in Hinesville (GA)

If you’d like to get approved for a new car or truck, you’ve come to the right place. Our application placement system takes the legwork out of getting approved. Just apply online, and we’ll begin working to get you approved from a lender or dealer who suits your needs.

Bad Credit Dealerships in Hinesville

Credit scores of 620 or less are generally considered subprime or bad credit, but our system is uniquely-suited to people with weak credit. We have lenders who help people with credit scores of 620 and less, and they are ready and willing to approve you for financing. To be sure, your APR would be lower if you had a FICO score of 700 or higher, so it’s crucial that you purchase an inexpensive car or truck with easily-affordable monthly payments. If you have subprime credit, you’ll typically have your application placed with a bad credit car dealer or auto finance company. These lenders do report to the credit agencies. This is a prerequisite for reestablishing your credit.

Car Loan Amounts for Hinesville Consumers

Lenders work out how much you qualify to borrow through two main variables: your income and credit score. This table shows loan amounts for people of several different credit ratings, given the average monthly income in Hinesville, $1,358. Please be aware that these are only estimations.

Credit Income Factor Amount Borrowed
Excellent Credit 10 $13,580
Decent Credit 9 $12,222
Temporary Bad Credit 8 $10,864
Bad Credit 7 $9,506
Horrible Credit 6 $8,148

To see your own loan amount, multiply how much money you get paid each month by the most suitable income factor.

Hinesville Car Loans, No Down Payment?

No down payment? More often than not, this isn’t a problem. That said, providing a down payment affords you significant advantages:

  • Shortens loan, meaning less paid in interest.
  • Reduces payment per month.
  • Safeguards you against negative equity.

That being said, you don’t need a down payment to get pre-approved. Simply enter your down payment amount on your application, and our platform can probably find you a dealer or lender who wants your business, regardless of whether you can put money down or not.

In House Financing Car Dealers in Hinesville

Ever wondered about car lots in Hinesville promoting buy here pay here services? These dealers specialize in helping people who wouldn’t be approved any place else. Everything is paid to the dealer directly, and the vehicles are usually $10,000 or less. We recommend that you eschew such dealers, applying instead for an auto loan from a bad credit car dealership in Hinesville offering interest rates that aren’t so high. Submit your application – there is absolutely no fee or commitment.

New Car Budgeting for Hinesville Residents

You want to spend 8% or less of your monthly income on a car payment. In Hinesville, where the average income is $1,358, this would be $109. Below is how much car you could afford, at a range of credit tiers.

Great Credit Fair Credit Subprime Credit
Monthly Income $1,358 $1,358 $1,358
Monthly Payment $109 $109 $109
Rate 3.50% 7.00% 11.00%
Down Payment $1,493 $1,372 $1,249
Loan Amount $5,972 $5,487 $4,997
Total Interest $546 $1,032 $1,522
Total Paid $8,011 $7,890 $7,768
Sticker Price $7,465 $6,858 $6,246