Would you like to find auto financing in Staten Island, NY with bad credit or zero down? At Auto Loan in New York, we can help you get behind the wheel quickly and easily. Click the link to request a quote online.
You should commit only 18 to 20 percent of your monthly wages for stuff like your:
- Car Payments
- Repairs and Maintenance
If you earn $45,774 a year (the Staten Island average), this equals $687 to $763 a month. Spending more than 18-20% will endanger your financial future. Additionally, you might want to pick a cheap car that offers great fuel economy. Typically, obtaining a used car in Staten Island, New York is a good option. Used cars are more affordable to buy and to insure. Plus, they lose value much less rapidly than new cars and trucks.
Bad Credit Car Loans in Staten Island (NY)
Bad credit? Let’s look at fico scores in New York overall:
- Avg NY FICO Score: 686
- Credit Score Viewed as “Bad”: less than 620
- Number of Individuals with Adverse Credit: 133,118
No one likes to get turned down. We may be able to help. Follow this link to submit your secure application.
Most loan providers want to see a cash down payment (normally 10%), coupled with no more than 1/2 of monthly wages being committed to active debt.
Bankruptcy Car Loans: Staten Island, NY
The economy has increased the number of New York bankruptcy filings and home foreclosures. Countless men and women are worried about whether or not they’ll be able to finance a car with bankruptcy or repossession. Sure, it may well require a bit of added effort, but there are loan companies who approve bad credit car loans in Staten Island, NY, even when they have experienced:
- Filing for Bankruptcy
- Repossessed Vehicles
- Overdue Payments
Although a bankruptcy will be on your credit file for 7 years, most finance companies can approve auto loans after just 2. Take into account, repaying a bad credit auto loan can be a tremendous way to supercharge your credit score if you’ve undergone bankruptcy, foreclosure, or repossession.
Dealerships That Offer In-House Financing: Staten Island (NY)
A lot of NY buy here pay here dealerships will let you finance a car without a credit check. Unfortunately, this decreases your chances of rebuilding your credit ratings.
You’ll find that at buy here pay here dealerships, otherwise known as a no credit check or in house financing car lot, your auto loan is obtained from the dealer directly. To paraphrase, these car dealerships grant in house financing automobile financing to New York car shoppers with bad credit.
To some shoppers, getting their New York car loan with no credit check seems awesome.
Regrettably, they have several potential downsides. These include excessive interest rates, substantial down payment requirements, greater risk of deceptive lending tactics, and narrow vehicle selection.
Even when you are having difficulties with very bad credit, you may be able to get approved for the car loan you want without relying on in house financing.
Staten Island (NY) Dealerships That May Provide Auto Loans
- Goodman Lewis Inc, 917 West Genesee Street, 13204
- Dependable Garage, 1020 Hiawatha Boulevard West, 13204
- C NY Car Care, 501 West Genesee, 13204
- C & C Used Cars, 920 James Street, 13203
- J & J Automotive, 766 West Genesee Street, 13204
- Creaser Floyd Quality Used Cars Inc, 865 Hiawatha Boulevard West, 13204
- Heritage, 900 West Genesee Street, 13204
- Performance Pontiac-GMC, 959 Hiawatha Blvd W, 13204
- Crest Acura, 737 W Genesee St, 13204
- Crest Acura, 737 West Genesee Street, 13204
- Brian Farmer Auto Sales, 2250 Park Street, 13208
- Endurance Racing Enterprises Inc, 105 Harbor Street, 13204
- Americar, 5400 South Bay Road, 13212
- Auto House LLC, 721 Hiawatha Blvd, 13204
- C & C Used Cars, 920 James St, 13211
- L & V Auto Sales, 519 Charles Ave, 13041
- Rj Delles Auto Svc Incorporated, 2019 W Genesee St, 923
- John Laconte Auto Sales, 7118 State Fair Blvd, 13027
- Lowery Brothers Chrysler Jeep, 647 W Genesee St, 13027
- Bill Rapp Nissan, 3446 Burnet Ave, 13027
- Sam Dell Used Car & Truck Super Center, 1055 W Genesee St, 13153
- Alan Byer Auto Sales, Incorporated, 1230 W Genesee St, 13153
- Walter Miller Antique Auto, 6710 Brooklawn Pky, 13202
- Sports Car Center of Syracuse Limited, 3105 Erie Blvd E, 13202
- Auto Hunter, 2524 Lodi St, 13202
- Sayas Automobile Sales, 305 Factory Ave, 13202
- Romano Subaru, 960 Hiawatha Blvd W, 13027
- Primo Motors, 703 Burnet Ave, 13027
- Romano Mazda, 3120 Erie Blvd E, 13027