Auto Finance | Car Financing Options

Get Pre-Approved
Take the upper hand in vehicle price negotiation by being approved for a loan before stepping foot into a showroom. Autotropolis.com features a secure site to get pre-approved for a loan though our partner lenders. Good, bad or no credit? No problem! Fill out the quick and easy application for the best rates.

Auto Loan Calculators


Financing a new car is sometimes the most confusing aspect of the whole buying process. Autotropolis.com shows you what options you have in financing a new car as well as showing you what type of rates and payments you should expect.

1. Auto loan purchase:
How much car can you afford? Autotropolis.com helps you get a quick idea of what your monthly payments could be. Just enter in the basic information and we’ll calculate an estimate of what you could expect your payments to be.

2.  Lease vs buy:
Leasing and buying both have strong advantages but distinct weaknesses. Autotropolis.com helps you calculate which option would be best for you.

3. Rebate vs low interest payments:
A thousand dollars cash back or zero percent financing? We help you make the best decision possible when it comes to choosing rebates and incentives.
           
4.  Low interest savings:
See for yourself how much you can save with lower interest rates. Just enter in the basic financing information to see how much interest rates affect your monthly payments.

 5. Home equity line vs auto loan:
Owning a home may give you another option in financing a new car. Autotropolis.com helps you calculate your payments using a home equity line of credit. You can use this estimate to compare against a normal auto loan to help save you money when financing.

Your credit score:
  A big determining factor that goes into your monthly payments is your credit score. Despite your credit history, your monthly payments will be established based on your credit score. Autotropolis.com helps you be more prepared to negotiate interest rates by letting you know your credit score before you step foot onto a showroom.
Repair your credit:
 
Bad credit can happen to anyone. Don’t let it affect your new car purchase. Use Autotropolis.com to help you learn how you can repair your damaged credit. Learn the facts about what bad credit actually adds up to over the length of an average new car loan.

 

Here are some great Car Finance Articles that can help you in your financing desicion:

• "Any credit is good credit" car dealerships
There are some dealerships who advertise 'Any credit is good credit.' These dealerships are also called 'Buy here pay here,' dealerships or BHPH for short.

• Building Credit with Car Loans
Surprisingly enough, most savvy car shoppers don’t immediately go shopping for a car when it comes time to purchase a new one. Instead, they go loan shopping. The reason for this is that most people don’t want to go looking for a car they can’t afford.

• Disadvantage to financing
Wouldn't it be great if we were all in a position of paying cash when we want to buy a car? Unfortunately, only a small amount of the population is in a financial position to do this.

• Dealer Financing
Attractive financing offers are used frequently in addition, or as an alternative to, rebates and other incentives. These special rate programs can save significant amounts of money when compared to a traditional auto loan from a bank, credit union, or any other direct lender.

• Fixing your credit to buy a car
When you are looking to buy a car, having bad credit can be a problem. It's not impossible but it can be difficult. If you realize that car dealers make a large percentage of their profit from the financing or credit side of their business then you are able to understand why they are prepared to make a deal work if there is anyway to make it happen.

• How Much Can You Spend on a New Car?
The most important part of buying a new car for most buyers is the price. How much can you afford to spend on a new car? This question will narrow down the selection of available cars. The rule of thumb about car payments is not to allow payments to exceed 20 percent of your monthly take-home pay.

• Lease or Buy Your Next New Car?
Leases offer a lower monthly payment, but buying a car gives you equity that you can use as a trade-in on the next new car when the time comes. In addition, when you lease you are never done with the payments.

• Payments vs. Purchase Price
If you are currently looking at buying a new car, then you have many decisions to make. One of those is to decide how you are going to pay for the purchase. The cheapest and fastest way to buy a vehicle is to pay cash.