Blog - Complete Auto Loans (2024)

What to Do if You Have a Cosigned Loan With Your Ex

Last Updated May 12, 2022

If you have a cosigned loan with your ex, you may be wondering what to do. Unfortunately, it can be hard to know how to remove someone from a car loan. But don’t worry, we’re here to help! In this blog post, we will help you walk through the process of removing a co-buyer from […]

The 10 Best Hardtop Convertibles in 2022

Last Updated May 10, 2022

If the weather is warm and the sun is shining, there’s nothing quite like driving with the top down. And while convertibles have been around for decades, hardtop convertibles are a relatively new phenomenon. If you’re in the market for cheap hardtop convertible cars, you’re in luck. There are several models to choose from than […]

How to Buy a Used Car With No Down Payment

Last Updated April 29, 2022

It’s no secret that buying a car can be expensive. In many cases, it’s tough to come up with the money for a down payment. Are you into buying a used car, but don’t have any money saved up? don’t worry! There are ways in buying a car without putting any money down. This blog […]

What are the Pros and Cons of In-House Financing?

Last Updated April 27, 2022

Are you one of the car shoppers turned down by a bank or traditional lender for an auto loan? If so, you’re not alone. Many car buyers find themselves in the same situation. Thankfully, alternative financing options are available, including in-house financing from a car dealership. This is when the dealership itself provides the financing […]

Most Common Myths for Buy Here Pay Here Car Dealers

Last Updated April 25, 2022

Buy Here Pay Here car lots were experts in helping people obtain the financing who have terrible credit or have been denied because of bankruptcy to acquire new cars. BHPH dealerships can provide in-house automobile financing directly from the dealership if you can’t get financed through conventional methods. Bhph dealership assists you in obtaining the […]

5 Ways To Get Approved For Auto Financing Despite Bad Credit

Last Updated April 15, 2022

If you have bad credit, don’t worry! You can still have a chance of being approved for automobile financing. There are a few things that you can do to improve your chances of being approved, and we will discuss them in this blog post. Keep in mind that each lender is different, so you may […]

13 Big Reasons to Buy a Small Car

Last Updated November 2, 2018

Did you know that Mark Zuckerberg’s everyday ride is an Acura TSX? It’s a compact car worth $30,000 that’s approximately half the size of a Mercedes S350. Despite the prestige that comes with owning a big car, it also draws unnecessary attention. Are you considering switching to a car with smaller dimensions than your current […]

14 Top Hybrid Cars under $30k

Last Updated January 18, 2019

Hybrid cars run on two different engines to minimize air pollution and enable drivers to cover more mileage. The average sports car covers 19-22 miles per gallon of gas in the city while owning a hybrid enables you to drive at least 27 miles using the same amount of fuel. That’s great, isn’t it? So, […]

Car Won’t Start? 10 Tips You Need to Fix It Now

Last Updated September 18, 2018

Are you worried about missing your best friend’s wedding because the car won’t start? You don’t want to hire an Uber because the wedding gifts and your personal luggage might get lost. Plus, it’s too expensive to move from one venue to another. If you’re a first-time car owner, don’t panic. The good news is […]

Last Updated October 9, 2018

If you’re planning to spend more than $30,000 on a new car, then you expect to get value for money. The vehicle should have excellent driving and safety features to enhance its long-term durability. One feature common in the longest lasting cars is a set of accident prevention features. Why is durability important to a […]

Top 10 Most Reliable Used Car Brands

Last Updated April 10, 2018

When purchasing a car, especially a car that will be financed over the course of several years, reliability is vital. Nobody wants to get stuck making payments on a car that spends all its time in the shop, so getting the best value in auto loans also means getting a good deal on a reliable […]

15 Top Muscle Cars with V8 Engines

Last Updated January 28, 2019

Are you seeking to purchase a quality V8 muscle car? Below is a list of the best 15 muscle cars with V8 engines. They are recognized globally as being among the top. Pick any on this list, and you are sure of a good pick. Whether you need one for some action on the tracks […]

Top 20 Small Cars for Ladies In 2019

Last Updated January 30, 2019

Many ladies love small and compact cars. They are not only easier to maintain but also easy to handle for many. Over the recent past, and noting the increasing number of women who are willing to buy their own vehicles, manufacturers have factored in many impressive features like the smartphone linking, spacious boots, and rear […]

A Guide To The Best Luxury Crossover SUVs Under $40,000

Last Updated January 25, 2019

SUVs are becoming more popular in the automobile industry. A few years ago, SUVs were only available in large size. Today, however, the increasing demand has necessitated the introduction of a wide variety of the SUV concept. The midsize SUVs, for instance, lies between full-size and compact and this provides buyers with an excellent vehicle […]

18 Sports Cars Under $50k

Last Updated January 16, 2019

Owning a sports car enables you to make a statement anytime you pull up at a high-profile event or even just picking up your children from school. Plus, the adrenaline that comes with high-speed racing is good for your body because it eliminates stress. Are you planning to upgrade in 2019? Let’s look at the […]

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Blog - Complete Auto Loans (2024)

FAQs

What is the easiest car company to get financing? ›

The best car loans for bad credit
  • Best for shopping around: myAutoloan.
  • Best for buying a car online: Carvana.
  • Best from a big bank: Capital One Auto Finance.
  • Best for used vehicle selection: CarMax Auto Finance.
  • Best for refinancing: Autopay.

What is 6% interest on a $30,000 loan? ›

For example, the interest on a $30,000, 36-month loan at 6% is $2,856.

How much is a $30,000 car payment for 5 years? ›

Provided the down payment is $5,000, the interest rate is 10%, and the loan length is five years, the monthly payment will be $531.18/month. With a $1,000 down payment and an interest rate of 20% with a five year loan, your monthly payment will be $768.32/month.

Who has the lowest auto loan rates? ›

Compare Car Loan Rates
Top Auto Loan LenderLowest APROur Award
AutoPay4.67%**Best Auto Loan Rates
PenFed Credit Union5.24%Best Credit Union Auto Loan
Auto Approve5.24%**Best Auto Refinance Rates
Consumers Credit Union6.54%Excellent Credit Union Auto Loan
3 more rows

What is the lowest credit score to get a car loan? ›

Most used auto loans go to borrowers with minimum credit scores of at least 675. For new auto loans, most borrowers have scores of around 730. The minimum credit score needed for a new car may be around 600, but those with excellent credit often get lower rates and lower monthly payments.

Which bank is best for auto loans? ›

Best Auto Loan Rates and Financing for June 2024
  • Best Overall: PenFed.
  • Best for Bad Credit/Low Rates: AUTOPAY.
  • Best Credit Union: Consumers Credit Union.
  • Best for Refinance: LendingTree.
  • Best for Fair Credit: LendingClub.
  • Best for Full Car Buying Experience: Carvana.
  • Best for High Maximum Accepted Mileage: OpenRoad Lending.
7 days ago

What car brand is the easiest to finance? ›

Many brands and their dealers have programs that can help you get financed. Automakers such as Ford, Kia, and Hyundai are known for working with borrowers who have lower credit scores.

What's the easiest car to get approved for? ›

20 Best Cars To Own If You Don't Have Great Credit
  • Nissan Sentra S. Monthly payment for good credit: $290. ...
  • 2020 Kia Soul LX 6MT. Monthly payment for good credit: $284. ...
  • 2018 Chevrolet Cruze. Monthly payment for good credit: $275. ...
  • 2019 Hyundai Veloster 2.0. ...
  • 2018 FIAT 500. ...
  • 2019 Kia Soul. ...
  • 2019 Kia Rio 5-Door. ...
  • 2019 Honda Fit LX.
Aug 3, 2020

What credit score company is needed to buy a car? ›

Your credit score is a major factor in whether you'll be approved for a car loan. Some lenders use specialized credit scores, such as a FICO Auto Score. In general, you'll need at least prime credit, meaning a credit score of 661 or up, to get a loan at a good interest rate.

Can I finance a car with a 450 credit score? ›

Getting a loan with 450 credit score is possible

Below that, you can go to credit unions or other private institutions. Anything lower than 600 is considered as risky territories and these firms do not extend loans without the presence of a co-signer.

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