Sub-Prime Car Loan Birmingham AL

You may be wondering what exactly a subprime auto loan is in the first place, and we're here to clarify any confusion for you. These are loans that are given out to people who have a credit score that is described as being subprime, which is usually around the 501 to 600 score. Every lender often differs in this regard, so make sure to ask as many questions as you want to make sure you are getting the right loan for your needs. Our finance team would love to discuss these loans with you in person to make sure you understand everything that comes with them, and what it means for things like monthly payments, down payments, and the APR. We want to keep you in the loop no matter what.

We know that it can be stressful when you are financing your perfect ride from us, which is why our finance team is here to make things as easy for you as possible. Not only can we provide you with a personalized finance plan, but we also offer flexible loan terms, along with competitive rates that give you the best options in Alabama. We can even assist you in answering questions about how you can build your credit score for the better, and perhaps even improve your score overall. You don't have to feel trapped or talked into any loan, while our team is here to clarify the options that are laid out in front of you. Regardless of your credit score, we will always be on your side, providing you with the confidence you need.

Beyond the obvious answer of working with a car dealership you can trust, there are a few other things you can do to make sure you get the loan that suits you the best. The first thing we recommend is saving up money for a better down payment option. The more money you put down, the more it signals to lenders that you are serious about this loan and able to pay it back. We also think you should consider the benefits of trading in your current vehicle! The value of that car can be put directly to your new ride, reducing the overall cost and allowing you to get a smaller loan amount. Finally, don't forget about the option of a co-signer! A co-signer not only gives more confidence to lenders when making the final decision, but it's a way to have someone you trust have your back in case you can't pay for one reason or another.

We know that getting a car loan will be easier than ever at Sunny King Toyota. Not only do we have a finance team you can trust, but we also boast a new and used Toyota inventory that will impress you every step of the way. Feel free to schedule a test drive, bring your family along, and immerse yourself in this experience. You deserve the best, and we'll do whatever it takes to help. Feel free to use the form below to ask other questions that you may have.