Cheap Car Loans
for All Credit Types

Get pain-free financing for a new or used vehicle. Apply online with our simple 3-minute form and get pre-qualified.

Auto Finance Requirements

  • Minimum gross monthly income of $1,500 for credit scores under 625.
  • Must be a resident of the United States or Canada.
  • Must be eighteen years of age or older.
  • For Chapter 13 bankruptcies an Authorization to Incur Debt from the trustee is required.
  • For Chapter 7 bankruptcies the 341 Meeting of Creditors must have been completed.
  • No auto repossessions within the past year unless included in a bankruptcy.

Smart Car Finder Difference

Nationwide finance options for cheap cars are available to the public via our dealer network. Dealer financing has many advantages over traditional bank lending. First, car dealers have access to a wide variety of indirect lenders that consumers do not. Second, indirect lenders, available to retailers, often have promotional rates on select makes and models that local banks and most online finance companies cannot match. Finally, indirect lenders have less stringent approval guidelines, and much of the time are able to approve loans that local banks cannot.

Fast - Purchasers can finance and buy a car at the same time, and often take their car home on the same day.

Best Interest Rates and Financing Terms - SmartCarFinder dealers periodically offer low interest rate incentives from the auto manufacturers that local banks do not for cheap car financing; even with past credit problems. For instance, most captive finance companies are now, or have in recent times, offering interest rates as low as 0%, 1.0%, 2.9% or 3.9% for new autos. It's hard to beat those interest rates no matter how long you shop around.

Multiple Lending Sources - Dealers can offer buyers a range of financing options. Many of the top auto financing companies in the USA only offer financing for autos through their local dealer affiliates.

Easier Loan Requirements - Dealer finance managers are specially trained to present your case to the lender in the most favorable terms to help guarantee that each application has the best possibility of approval.
Pre-Approval Amount Calculator
Use the free auto loan calculator below to estimate the amount you can finance when you buy a car.
1. Select a credit profile
Good Credit 700
Fair Credit 625
Sub Prime Credit 575
Bad Credit 525
Really Bad or No Score NA
2. Enter monthly income
Total Monthly Income before taxes are deducted:

3. Enter monthly re-occurring debts
Rent or Mortgage:
Min. Card Payments:
Other Loan Payments:
Don't include utility bills. Don't include car payment if planning to trade in your car.
Qualified Auto Loan Amount*
4. Complete Pre-Qualification Application
To encrypt your personal financial data we utilize the highest level of protection available for online secured private communication.
* The auto financing calculator is an estimate, not guaranteed. You may qualify for slightly more or less. Money down may be required but is not necessary for all car loans. Approvals are subject to verification of employment and income. Auto loan interest rates and repayment terms are based on credit risk, vehicle selection, and equity position of the car loan.