Auto Loans with Bankruptcy: We’re Here To Help

Can you get a car loan after filing for bankruptcy? Yes, you can—but we know that applying for and receiving approval for an auto loan after going through bankruptcy can be a frustrating process. Here at Spitzer Motors of Mansfield Chrysler Dodge Jeep RAM, we’re committed to providing you with a stress-free car buying process. Our knowledgeable and professional team stands behind our slogan—Our World Revolves Around You—and will do all we can to help you rebuild your credit and take home a great vehicle.

Our experts at our finance center are here to make bankruptcy auto financing simple. We’ll work with you to find a plan that works best for your budget and credit score. Plus, we’ll give you tips along the way to ensure you have just what you need to get approved. Call us today or visit the finance center at our Mansfield dealership to learn more.

Improve Your Chances of Getting an Auto Loan with Bankruptcy

Here are a few tips to help you build up your credit and meet a lender’s requirements for an auto loan to increase your chances of getting approved.

• Be sure you know your current credit score before starting any conversations about bankruptcy auto financing.
• Target vehicles with a lower price point. Lower loan amounts offer you a higher chance of securing an approval. Lenders may see smaller loans as less of a risk and be more likely to approve you.
• If you have a friend or family member with good credit history, it might be beneficial to have them cosign with you.
• Consider purchasing a used vehicle, as these may be a better option for bankruptcy auto financing.

We have a wide selection of great used vehicles to choose from, including models from other major manufacturers. Plus, we also have a lineup of Certified Pre-Owned vehicles that offer exceptional value.

It’s important to keep in mind your potential monthly payment when working with bankruptcy auto financing. Depending on your budget, it’s best to save as much as you can for your down payment. If you put down more money when purchasing your vehicle, you’ll borrow less over the course of the loan term. A larger down payment will also decrease your monthly payments—and show lenders that you’re serious about repaying the loan.

Whether you’re in a Chapter 7 bankruptcy or Chapter 13 bankruptcy, you can get approved for auto financing. Our experts are here to help make it happen and get you into a vehicle you love. Visit our auto finance center today.

Tools To Get You Started

It isn’t easy to apply for a car loan after filing for bankruptcy—but it becomes a whole lot easier if you have the right team in your corner. Did you know you could begin the car buying process right from your computer? Our website has a number of tools to get you started.

Our pre-qualified shopping tool allows you to browse available vehicles from the comfort of your own home. After you complete a simple form, our team will get back to you as quickly as possible with information on what you qualify for. That way you’re ready for the next step in bankruptcy auto financing before you step into our Mansfield dealership.

We also offer a trade-in estimator tool to give you an approximate value of your current vehicle and help give you more buying power. Since it’s beneficial to have a down payment when you’re dealing with bankruptcy auto financing, using your current vehicle as a part of the down payment is a great boost.

When you’re ready to take the next step and find your next vehicle, stop by our finance center today.

Trust Our Financing Experts

We know bankruptcy auto financing can be tricky. That’s why you can trust the experts at Spitzer Motors of Mansfield Chrysler Dodge Jeep RAM. We’re dedicated to helping work with you to find the auto loan option that best fits your needs, credit report, and budget. We’re here to help you rebuild your credit. Call or visit us today to get started.