Plus, without pushy salespeople, you can be sure that you can relax and choose the car you want. You can see your loan terms by prequalifying with a soft pull that won't hurt your credit. Carvana offers custom loan terms based on your situation and the vehicle you're buying. There is no minimum credit score, so anyone 18 years old, has no active bankruptcies, and makes at least $4,000 per year is eligible.Įach car you might want to buy could have different loan terms from Carvana. Carvana will give you an offer and pick it up from your home.īest of all, these loans aren't just easy to get they are great deals for all kinds of borrowers. If you want to trade your old car in, you can do so while you're at it. You can apply for a car loan without ever leaving your home, choose your car, and get it delivered. If you'd rather skip the dealership and the bank altogether, Carvana is the site for you. It seems like every industry is cutting out go-betweens these days, and the car industry is no exception. The higher your credit score, the lower your rate will be. It's not possible to prequalify or check rates with a soft pull, so this service is only for people serious about refinancing. Before applying, you should know that there is only the option to apply with a hard credit pull. Perhaps that's why 98% of customers say they're satisfied with their loans. If you run into any trouble with your application, OpenRoad Lending's customer service team can help.
Interest (2. Use our free calculator to figure out what your monthly payment should be, and how interest rate and loan term impact your payoff amount for your auto loan. About Us Contact Us Sales Department Location & Directions Loan Calculator. Loan Summary Total MSRP 20,000 Down Payment - 2,500 Trade-In Value - 0 Est. Loan Calculator Credit Application Get Pre-Approved Dealer Info. For a typical loan with a loan amount of 10,000, with a credit score of 730. Within as little as a few minutes of applying, you can receive your decision with complete details about the loan. View Inventory Recently Sold Vehicle Finder Schedule Test Drive Financing. Our current interest rates for auto loans, mortgages (15 year fixed. The application process is simple and entirely online. OpenRoad Lending allows eligible applicants to refinance existing loans and save an average of $100 per month on their car payments. However, if your credit improved, you paid off debt, or you got a raise since you first financed your auto loan, you may be paying too much. While getting a new set of wheels is exciting, there's something to be said for sticking with a reliable ride.