If you're shopping for a new or used car but have a limited credit history, you can buy with confidence when you visit Ontario Volkswagen. That's because we understand that credit history shouldn't the only factor to consider when it comes to car loans. OurVolkswagen dealership near Fontana, CA, offers a variety of bad credit auto loan options that help you get the keys to the car you need. From there, you can start rebuilding your credit -- all you have to do is make your monthly car payments on time!
A Fresh Start auto loan is designed to help drivers with poor credit or no credit history purchase the new or used vehicle they need at a price they can afford. Our Volkswagen finance specialists will work closely with you to help determine your budget and to ensure that you can get approved for auto financing. Plus, Ontario Volkswagen will make sure you receive a low interest auto loan regardless of your credit. No more having to worry about getting approved for financing or receiving a high interest car loan -- Ontario Volkswagen helps look out for you and your future! Speak or Text a Credit Manager with a question at 1-844-904-6648
Is a Bad Credit Car Loan Right for Me?
If you've been having trouble securing a car loan with a low interest rate, you'll find that the team at Ontario Volkswagen has all the answers you need. We will not only help you get a bad credit car loan, but we'll make sure that your subprime VW loan is something you feel comfortable with and not just something you've been approved for. Browse our extensive inventory of new Volkswagen models and used cars from all different makes to find the right car at the right price. Plain and simple, our Volkswagen dealership in San Bernardino County strives to provide you with the hassle-free auto financing experience that you deserve.
You can get a bad credit auto loan even if you have filed for bankruptcy in the past.
If you've had a car repossessed, you are still eligible for subprime Volkswagen financing.
Ontario Volkswagen works with you to determine a reasonable down payment.
Do you have bad credit? We can help!
Frequently Asked Questions
Q: How does a Fresh Start Finance Work?
A: We simply take a look at the whole financial picture to develop a plan that's right for you.
Q: What will my payment be?
A: Payments will be based on the approval structure from the lender and the value of the vehicle plus tax and license.
Q: What is the Interest Rate?
A: The interest rate is calculated with in the bank structure based on credit risk, vehicle equity, down payment, year, make, model and term.
Q: What is the lowest credit score to buy a car?
A: Some banks have a minimum 500 FICO score and some do not. We have been able to get people financed with FICO score in the low 400's. In most cases down payment plays a big role to the banks and approval terms.
Q: How much money down do I need?
A: In some cases $0 to $1000 depending on the whole picture again year, make, model, miles, risk, equity, but many banks like to see 20% to 30% down of the purchase price to be in an equity position.
Q: What is the best lender to get the best APR?
A: Believe it or not it will be the captive lender which in this case would be Volkswagen Credit. They typically have subvented rates to help sell vehicles and often these rates even make it hard for Credit Unions to beat.
Q: How do car dealers charge interest?
A: Banks charge interest not car dealers. The bank sends the dealer a check in full for the total amount of the vehicle and then you contract and vehicle is owned by the bank and will charge you interest each month on the principle balance.