Cars don't traditionally announce when they will fall apart, so when they do it can often seem sudden and unplanned. Often you find yourself needing a new vehicle at the worst possible moment which means you may need to find what sort of auto loans in Georgia can be had. Unfortunately for many when it comes to finding financing for used cars, your credit can have a lot of say on your choices.
Used Car Financing Options in GA
Typically for most people it starts like this. Car breaks down, so you start searching used cars Augusta GA to see how much a replacement will cost. Likely more then you thought since used car prices are still higher then average. You're first reaction is to check local banks and credit unions for loans but if you have poor credit this can turn sour quickly.
Where people go from here can make all the difference. For people looking for auto loans in Georgia with bad credit there are basically three options. Subprime auto finance companies, buy here pay here dealers, or personal financing. Only one of these options is going to help you improve your credit however.
Bad Credit Loan Options Explained
Personal financing is basically you search for the cheapest cars for sale in Georgia under 5000 that you can afford and just buy that. Maybe it cost just a $1000 or maybe a bit more. Either way it's likely to give up on you faster then the bank did and then you're just left with a repair bill. Maybe if you get a loan from some friends or family you can get one of the better cars under $5000 but more likely if you're hurting so is your family.
That leaves buy here pay here dealers and subprime auto finance companies. As we've explained before, buy here pay here dealers are often a means of last resort but they aren't your only resort. Subprime finance companies like those partnered with LotPro.com can help you repair your credit as well as help you get a used car in Augusta GA. To get started, read more, or fill out an application, click on the banner below.