Car Loans For Bad Credit in Silverthorne, CO

If you have credit issues and are searching for bad credit car dealers in the Silverthorne, CO, area, you've come to the right place. At Autostar Chrysler Dodge Jeep Ram, our bad-credit auto loans can help you take control of your situation by providing financing solutions that meet your needs.

Even if you have no credit or have had trouble getting approved for auto financing elsewhere, we work to get you approved.

Autostar Chrysler Dodge Jeep Ram has been serving Silverthorne drivers with bad credit vehicle financing plans for years. If you spot a great deal on a new or used vehicle that you'd like to take advantage of, get in touch with us to get started!

Questions To Ask Autostar CDJR About Your Bad Credit Auto Loan

Vehicle financing can be overwhelming, particularly if your credit history is less than ideal. To help, we've answered some of the most frequently asked questions about the financing process:

What credit score is required to get approved for an auto loan?
There is no minimum credit score required! We work with customers of all credit backgrounds. Our finance team will review your situation and find financing options that meet your needs.

How high is the interest rate?
Your interest rate depends on several factors, including the vehicle price, your down payment, and your credit score. It's important to know that the interest rate on a subprime (or low credit) auto loan plays a major role in the amount of your monthly payment and the overall cost of the loan over time. Before finalizing your loan agreement, your loan officer will provide all the details about the interest rate.

What is the minimum down payment?
You might believe that having bad or no credit means you need a large down payment. This isn't always the case! Minimum down payments depend on the type of bad credit car loan you're trying to secure. Some customers may even qualify for a loan with little to no down payment.

Will my monthly payments be high if I have bad credit?
Your monthly payments will depend on several factors, such as the loan amount, interest rate, and loan term. We'll work with you to structure a loan that fits your budget.

What kind of car will I qualify for?
If you have bad credit or no credit history, you may still qualify for a loan on a used vehicle since these typically cost less than new models. The experts at our auto finance center are here to help you find the right vehicle that fits your financing options.

Can I have a car loan co-signer if I have bad credit?
Having a family member or trusted person with strong credit co-sign your auto loan can help you qualify for lower interest rates despite your own credit challenges. However, remember that missed payments will damage both your credit score and your co-signer's. Be sure to weigh these mutual responsibilities carefully before choosing a co-signed loan.

Does applying for a bad credit loan impact my credit score?
A single application may have a small, temporary impact on your credit score. Once you're approved, making on-time payments will help improve your credit over time.

Auto Loan Checklist: Documents to Bring With You

Getting a low-credit auto loan typically requires providing extra documentation. To help make your visit as smooth as possible, here's what you'll want to bring along:

• A current, valid driver's license with your correct address.
• Your current insurance card with your agent's contact info (no need to add the vehicle yet). If you do not have a vehicle, this is not necessary.
• A recent utility bill in your name with your current address to prove your residency.
• Proof of income. A pay stub no older than 30 days showing year-to-date earnings (if you're self-employed, you'll need to bring 2 years of tax returns).
• A list of personal references with names, addresses, and phone numbers (they must live at different addresses and give permission).
• An active phone number registered in your name.

Rebuild Your Credit and Confidence with a New Ride from Autostar CDJR

Drivers from Silverthorne and across Summit County can apply for financing right from the comfort of home with our secure online application. Simply complete our quick pre-approval form, and our finance specialists will find flexible loan options that fit your budget. Plus, applying is completely free, and there's absolutely no obligation to buy!

Need a hand? We're here for you. Our knowledgeable finance team has helped customers through a wide range of situations, including:

• Bankruptcy
• Repossession
• Foreclosure
• Divorce
• Missed or late payments

Whether you're rebuilding your credit, starting fresh, or buying your very first vehicle, our team strives to make financing simple and stress-free. Get pre-approved online today or visit us at Autostar CDJR in Silverthorne for personalized, one-on-one guidance.

No matter where you stand with your credit, we're committed to helping you drive home in a vehicle you'll love!