How to finance salvage car
Last edit: June 21 2024 • 2668 view
In this post I will show you how to finance salvage car with a proven methods. One of the biggest myths about buying salvage/rebuilt titles cars is that you cannot finance them.
It is a LIE!
I’ve been financing my rebuilt cars for over 10 years now, so I’ve compiled a list of the best options for you right here. If you have a credit score higher than 650, can make a monthly payment, you are good to go.
Option 1: Lightstream to finance salvage car
Why do I like it? My top choice! It is easy to apply, the rates are competitive, and they deposit money directly into your bank account to finance salvage car. How you use it is up to you. They do not care whether it is salvage or clean title, they do not become lien on a title, this is the best option out there. Lots of customers of CARS4.BID use Lightstream.
Click the banner below and start application right now:
Option 2: Westlake Financial to finance salvage car
Why do I like it? Lots of CARS4.BID customers use Westlake for auto loan needs. Application does not have impact on your credit score. SSN is optional, and you will receive real-time lender offers.
Other options to consider that some of our customers used to finance salvage cars in the past:
and
Worried about paying interest on a used vehicle?
Consider this: even if your interest rate is 8.99% per year to finance salvage car, the average inflation rate for the last three years was 6% per year. So, the actual interest you pay is just 2.99%. Cool, right?
Rich people always use leverage to work with other people’s money. Be smart and use someone else’s money to finance your car. You’ll save 40-50% on average buying cars via CARS4.BID, so who cares about the 2.99% you’d spend on financing for a year?
Financing a used vehicle is a smart move!
Autohacker’s Community
While you are here, I’d like to invite you to join my Autohacker’s facebook community. You gain access to the best supportive community out there with 1000+ members and you get my free mini-course that can make you a Professional salvage buyer within less than one hour.
