Our auto lenders have loans for everyone (even you)
Finding the right car for your individual lifestyle and needs is a challenge, and for most people, finding a way to afford the right car is an even bigger challenge. When it comes to finding automobile financing that fits your individual needs and budget, we can help. At Car Deal Expert, we work with auto lenders who specialize in all kinds of automobile financing. Whether you’re thinking of buying new or used, whether you have good credit, bad credit, or no credit at all, and whether or not you have a down payment or vehicle trade-in, we’ll help you find the most competitive online financing possible.
Every year, auto lenders generate hundreds of billions of dollars in loans. Regardless of what kind of automobile loan you need, the competition for your business is fierce. Just a small difference in an automobile loan interest rate can make a difference of hundreds or even thousands of dollars over the course of a repayment term. The easiest way to save money on a car loan is to apply for a preapproval right here at Car Deal Expert. It takes just a few minutes to fill out our application, and as soon as you do we’ll connect you with the lender offering the best interest rate.
Find the best auto loan lenders online
The convenience of financing your car through a dealership comes at a price. Dealer financing is typically more expensive than loans from banks or credit unions, and loans from banks or credit unions are typically more expensive than loans from online lenders.
Dealership financing tends to be the most expensive option because dealers make extra profits by adding markups to the rates offered by their finance companies. Dealer loans are frequently sold to third-party companies who pay the dealership all or part of the markups as commissions. Naturally, a car dealership is motivated to sell you the highest-priced auto loan possible. Especially when a dealer discounts the price of a car to make a sale, financing is a significant source of revenue.
The best interest rates for car loans are found online. Competition among online auto lenders is strenuous, to say the least, and the overhead costs of conducting loan transactions online are relatively low. When you apply at Car Deal Expert we search our network of auto lenders to find the one best suited to meet your financing requirements. When you apply at Car Deal Expert, you save time as well as money. There’s no cost or obligation, and all it takes is one application.
Compare your online preapproval to dealer and bank auto loans
Once you have an approval for an online loan through Car Deal Expert, you can quickly compare it to the loans offered by banks and car dealers. Being preapproved for an online auto loan through Car Deal Expert before you start shopping will ensure that you get the best possible deal on the car of your choice.
You’ll find the lowest auto loan rates and the most manageable monthly payments online. Having an online preapproval in hand when you visit a car dealer will increase your leverage when it comes to negotiating a vehicle price. When they know you’ve already done your homework and are pre-approved for a certain loan amount, car dealerships are much less motivated to sell you a more expensive car than you can comfortably afford.
Save money on the car you have now by refinancing
Refinancing can be a money-saving move for anyone making payments on a car loan. If you’re paying on a car loan now, find out how much money you could be saving every month by refinancing. If interest rates have gone down since you bought your car, you might be very pleasantly surprised at how much lower your monthly payment could be. If you accepted dealer financing or didn’t compare loans when you bought your car, it’s not too late to get a better deal by refinancing. If you had poor credit when you purchased your car, by making payments on time for a couple of years you may have improved your credit score to the point that you can now qualify for a better interest rate and a lower monthly payment. Find out by applying today. There’s no obligation: We’ll find you the best refinance loan available, but whether or not you accept the offer of any lender is completely up to you.
Find an auto lender for bad-credit situations
When it comes to financing the purchase of an automobile, poor credit is not the end of the line. Recent estimates hold that one in four Americans now have damaged credit ratings. Take a look at how many cars are on the road. Obviously, people with bad credit own cars. Less-than-perfect credit is a perfect reason to apply for an online car loan at Car Deal Expert. Most people with bad credit who apply at Car Deal Expert are able to qualify for a car loan. Chances are good that you’ll qualify, too. The only way to find out is to apply. If you qualify, you’ll be getting the best loan available for your credit score. Our online application process is private and confidential, so in the off chance that you don’t qualify you’re the only one who’ll know.