Auto Loans in Valdosta (GA)

Searching for the best car loan in Valdosta? Great, we’re here to help. Our loan-finding platform takes the legwork out of getting approved. Apply online, and we will match you with a lender based on where you live, your income, your down payment, and other factors. There are no obligations, no commitments, and no fees associated with our service. We’ve been helping Georgia residents secure financing and insurance for years, and we have the relationships and expertise to get you in the driver’s seat, even if your credit isn’t perfect.

Credit Scores of 620 or Less

FICO rating of 620 or less? This is typically regarded as subprime or “bad” credit, but our service is just the thing for applicants with low credit scores. We have lenders and dealers who work with subprime credit scores, and they are ready and willing to fund your loan. Let us find you a lender or dealership in Valdosta that funds loans for people with bad credit. Your interest rate will be higher than that of someone with a 700+ credit score, but our lenders report your on-time payments to the credit bureaus, giving you the opportunity to improve your scores in a big way. Here’s what you’ll need:

  • $1500 in verifiable monthly income.
  • 10-20% down payment in cash or trade.
  • No open bankruptcies, unless you have an authorization to incur debt.

When you apply, we’ll match you with a single dealership – the dealership who wants your business most, based on your income, location, and other factors. You’ll speak to a finance specialist, then make an appointment to select your vehicle. After that, you can sign and drive!

Ready to get rolling?  Apply now!

Car Loans for Military Personnel of Moody AFB

Moody-AFBWe are proud to serve the military personnel of Moody Air Force Base, located less than 10 miles from Valdosta. The Air Force, or any military branch for that matter, can be hard on a family’s credit, simply because changes of station and long deployments make it easy to get behind on your bills or miss payments – actions which can quickly decimate a credit score. Fortunately, the military is one of the most steady-paying jobs you can have, which auto lenders love to see. We have relationships with many dealers and lenders who regularly lend to active-duty military personnel, and even provide special offers and incentives for both officers and the enlisted ranks.

Can I Finance a Car with No Down Payment?

If you’ve got a FICO score of 700 or more, then yes: you can typically buy a car with no money down. Purchasers with bad credit, however, don’t have it that easy. At this point, the Loan-to-Value ratio becomes one of the most important factors. This is the loan amount versus the wholesale value of the vehicle.

Amount Financed Vehicle Value LTV
$10,000 $15,000 67%
$12,000 $15,000 80%
$15,000 $17,500 86%
$20,000 $30,000 67%

The downturn had a huge influence on the average LTV for subprime applicants. Before the economic slowdown, it was nearly 100%, and dropped to around 60% in the recession era. Nowadays it is climbing as the economy rebounds. The good thing is, as the economy improves, more and more dealers and lenders should be able to offer car loans with zero down.

Apply online, and indicate zero down payment in the appropriate section. We will match you with a lender willing to fund your loan, no down payment required.

How About In-House Financing in Valdosta?

auto loanBuy here pay here financing is also known as:

  • Your Job is Your Credit
  • We Tote The Note
  • Rent to Own
  • We Finance

Customers who cannot get approved for financing due to serious credit problems often end up at these types of dealerships. They finance people with problems like open bankruptcy or repossession on their records.

Valdosta-Specific Financial Profile

Valdosta, “The Azalea City,” provides 1/5th of the world’s naval stores, which has helped the city endure the recession better than neighbors with weaker economies.

  • Average Income: $19,942 Per Annum
  • Average Car Payment: $183 (11% of Income)
  • Ideal Car Payment: $133 to $166 (8%-10% of Income)

If you have subprime credit, you’re not the only one. This table depicts how many people in Valdosta are in each credit tier.

FICO Score % of Population Residents
300-499 2% 1,565
500-549 5% 3,913
550-599 8% 6,261
600-649 12% 9,391
650-699 15% 11,739
700-749 18% 14,087
750-799 27% 21,131
800-850 13% 10,174