Auto Loans in North Canton (OH)

Before the internet, you had to go to multiple lenders, applying for loans to check rates. Here at Buckeye Auto Finance, we have made this process simpler, quicker, and more convenient. Instead of waiting until you’re in the dealer’s financing office, we enable you to apply for a car loan in advance. You can expect to be led step-by-step through the auto financing process by a lending specialist in your city.

New Car Loans in North Canton

When applying through us, both new and used car loans are available. Deciding between a new or used car or truck can be challenging. As you pay for it, a new car loses a major portion of its value, which means that you’re more likely to wind up upside down on your loan. That said, interest rates for new cars are lower, largely because they are less of a risk in terms of maintenance, and special offers may enable you to finance a new car in North Canton with no down payment. In the end, you are best off contacting an auto finance professional to ascertain whether a new our used vehicle is right for you.

Auto Loans for Preowned Cars in North Canton

If you want to lessen the effect of your purchase on your monthly budget, you might want to opt for a used car.

Sometimes people dismiss preowned cars for having higher loan rates, but bear in mind that they will cost less at signing and in sum total. If you are anxious about repairs and maintenance, you should go with low-mileage vehicle with great ratings in terms of reliability. All in all, you may deserve a pat on the back for purchasing a used vehicle.

North Canton Bad Credit Car Loans

There are a variety of issues which can result in a low credit score: outstanding bills, repossession, bankruptcy, and much more. This is the good news: there are lending companies and dealers in North Canton that say yes to people who have credit problems.

When you submit your application through us, our team works to find you a dealer or lender within driving distance who wants to approve you for financing.

Looking for Errors on Your Credit Report

Experts estimate that 1 in 5 consumers has an error on their credit report, as reported by one, two, or all three of the primary credit reporting agencies.

Be sure to check your credit report no less than one time each year. Neglecting to take action could lead to higher rates, smaller loans, and less chance of being approved.

Buy Here Pay Here Auto Loans in North Canton, OH

Buy here pay here car dealers primarily help people who’ve got major credit problems such as bankruptcy or foreclosure of a home. These dealers will approve just about anybody, regardless of their credit, but there are issues. You’ll find that preowned autos are the only thing offered, and you may need to have a GPS tracking device mounted in your vehicle. Rates of repossession are staggering, much like the interest rates. If bettering your credit score is important to you, and why wouldn’t it be, you should apply online through us, as buy here pay here dealerships won’t assist you in improving your credit.

North Canton Income and Finances

  • Income Per Year: $29,757
  • Monthly Income: $29,757
  • Suggested Car Payment: $198 (8% of monthly income)

Check out this table, which shows what price car suits your budget based upon your credit standing, along with an income of $2,480 a month, 60 month loan, and 20% down.

Exceptional Credit Fair Credit Poor Credit
Payment $198 $198 $198
Rate 3.50% 7.00% 11.00%
Years 5 5 5
Car Price $13,633 $12,524 $11,406
Money Down $2,727 $2,505 $2,281
Total Interest $998 $1,884 $2,779
Price with Interest $14,631 $14,409 $14,185