Searching for auto loans can be a long hard road. But we can help. We’ve taken the hassles out of car loans in Clearfield and all of Utah. Best of all, it costs nothing.
Car Loan Basics
To start with, you need to apply online. We match you, when possible, with the ideal auto loan provider in Clearfield, UT, given your income, down payment, and location. Lastly, finalize your auto finance documentation and select your car or truck from a nearby dealership.
Visit here to submit your secure application.
Financing a Used Car: Clearfield, UT
What amount should you spend on an auto loan? Well, this is an excellent rule of thumb: spend no more than a fifth of your regular monthly wages for your monthly payments, fuel, and repairs. For the average Clearfield resident, this equates to $231-$257 a month.
Financing a Car With Bad Credit in Clearfield, UT: Getting Approved
It is essential to plan properly for your Utah auto loan, especially if you have less-than-perfect credit. You wouldn’t want to lower your credit ratings further. So please don’t dedicate above 15% of your income monthly toward paying back your bad credit auto loan.
- $193: 15% of average income in Clearfield, UT
- $64: 5% for gas, maintenance, etc.
Additionally, it’s best to provide the largest down payment possible. New automobiles lose value instantly, but a down payment serves to counterbalance this. What kind of car should you buy? Used. Unquestionably. Used automobiles will be much less expensive to finance and to cover with insurance.
Bankruptcy Auto Loans in Clearfield (UT)
Bankruptcies and repossession inflict significant damage on your credit ratings. Many Utah residents fear that they can’t get a car loan with bankruptcy or repossession. It probably won’t be easy, exactly, but there are finance companies that offer bad credit auto financing in Clearfield, UT, even when you have struggled with:
- Repossessed Vehicles
- Late Payments
Although a bankruptcy will be on your credit history for seven years, the majority of loan providers will grant an auto loan after only 2.
Buy Here Pay Here Car Lots in Clearfield (UT)
Looking to find a buy here pay here car dealership in UT? Before you go with an in house financing car loan, we encourage you to submit your application for bad credit auto loans in Clearfield, UT.
At a buy here pay here car lot, referred to as a no credit check or in house financing car dealership, your car loan does not come from a third party finance company. In other words, these establishments offer in house financing auto loans to Utah residents with poor credit.
Sure, getting an auto loan from a BHPH car dealership in Clearfield, Utah might seem like your best option.
Regrettably, you need to keep in mind several potential drawbacks:
- Inflated Apr
- Deceptive Lending Practices
- Substantial Down Payments
- Vehicles That Have Lots of Miles
But fear not, there’s a pretty good chance you could get approved for the auto loan you want without relying on your job is your credit financing.
Wondering what kind of car to buy? Read our section regarding cheap cars here.
Used And Bad Credit Dealerships: Clearfield (UT)
- Bodily Auto Sales, 196 North Main Street, 84015
- Baird Motors, 345 North Main Street, 84015
- Dave’s Discount Auto Sales, 400 South State Street, 84015
- Thomas Auto Sales, 1837 North Main Street, 84015
- Valley Sports Auto, 2187 North Main Street, 84015
- DC Auto, 321 East 200 South, 84015
- People’s Choice Cars, 545 South State Street, 84015
- M & J Auto Plex, 2059 North Main Street, 84015
- Beutler Auto Sales, 378 North Main Street, 84015
- Simply Easy Auto Sales, 1691 N Main St, Ste 3, 84075