Here at Auto Loan in California, we make it easier get the auto loan in Berkeley CA you need, whatever your fico score. We have taken the frustration out of auto loans in Berkeley and all of California. What do we charge for our services? Nothing at all.
Car Loan Application Process
- Firstly, you want to submit your application online.
- We connect you, when possible, to the best car loan provider in Berkeley, California, given your location, income, and down payment.
- When pre-approved, a special finance supervisor will reach out to you by phone or email.
- Complete your auto loan documents and select your vehicle from a local dealer.
Click the link to submit your secure application.
- Average Berkeley Income: $42,157 Per Annum
- Average CA Fico Score: 672
For the most part, auto loan companies will be expecting you to be currently employed with $1500 income per month. Furthermore, the amount you spend on existing debts, including your car loan, shouldn’t be more than half of your wages. For folks in Berkeley, CA, this means $1,757 (average).
Income or credit ratings too low? You should still qualify by going above and beyond in one or more of the following ways:
- Get a Co-buyer
- Furnish a Larger Down Payment
- Trade in an Existing Car or Truck
- Go with Buy Here Pay Here Loans.
Have you sat down with a calculator and run the numbers for your new car? As a rule, it is best to devote just 18-20 percent of your monthly income for things like:
- Monthly Payments
For the typical Berkeley resident, this equates to $632-$703 a month. Devoting more than 18-20% will risk your financial future.
Auto Loans with Bad Credit in Berkeley (CA)
At Auto Loan in California, a low credit score is no problem.
Nobody wants to get turned down. We may be able to help. Simply click here to submit your secure application. If you make more than $1500 per month and have a debt to income ratio of 50% or lower, you have a pretty good chance of qualifying.
Post-Bankruptcy Car Financing: Berkeley (CA)
Bankruptcy? Repossession? Foreclosure? Are you worried that it won’t be possible to get an auto loan after bankruptcy or repossession? Don’t worry; there are lenders that provide bankruptcy car loans in Berkeley, CA. Of course, you can expect a few downsides:
- Elevated Loan Rates
- Huge Down Payments
No Credit Check Financing in Berkeley, CA
For many people in Berkeley, CA, buy here pay here car dealers are the last option with regards to getting approved.
These car lots have many names:
- We Finance Everyone Car Lots
- In House Financing Dealerships
- Bad Credit Car Lots
To many people, getting their car loan without a credit check seems like a great idea.
Sadly, you need to give some thought to some main shortcomings, which include high aprs, large down payments, greater risk of predatory lending practices, and reasonably limited vehicle selection.
Always investigate any CA buy here pay here car lot on the web. Be sure to speak with a friend or relative who has purchased a car or truck from them before, and ask whether or not the dealership is considered respectable.
Dealer Car Loans in Berkeley, CA
- Alacar Automobile, 2438 San Pablo Ave, 94702
- Berkeley Toyota, 2400 Shattuck Ave, 94704
- Avenue Used Cars, 2205 San Pablo Avenue, 94702
- Auto Clinic, 1830 San Pablo Avenue, 94702
- Buggy Bank LLC, 2821 Shattuck Avenue, 94705
- BABC Best Auto Buyers Center, 2627 Shattuck Avenue, 94704