No Credit Car
Dealerships Salem Oregon
Are you struggling to find a dealership in Oregon that will finance your next vehicle purchase? Auto Outlet Inc. is your #1 stop for finding the best cars and being able to be financed regardless of your credit situation.
EASY FINANCING
HIGH QUALITY CARS AND TRUCKS
LOWEST PRICE GUARANTEED
GUARANTEED CREDIT APPROVAL
EASY FINANCING
HIGH QUALITY CARS AND TRUCKS
LOWEST PRICE GUARANTEED
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29
Vehicles
Found
Guard
Medium Earth Gray
Automatic
Gasoline
EcoBoost 2.7L Twin Turbo V6 325hp 400ft. lbs.
125,713 miles
VIN: 1FTEW1EP1JKD59489
Stock #: 5780
Internet Price
$21,995
Silver
Green
Automatic
Gasoline
Nu 2.0L I4 147hp 132ft. lbs.
90,225 miles
VIN: 5NPD84LF4JH323747
Stock #: 5807A
License Plate: 531 LXZ
Call for Price
503-566-6631
White Clear Coat
Black
Automatic
Gasoline
Tigershark 2.4L I4 180hp 175ft. lbs.
110,598 miles
VIN: 3C4NJCAB1JT263378
Stock #: 5763
Internet Price
$11,995
Black
Black
Automatic
Gasoline
Pentastar 3.6L V6 295hp 260ft. lbs.
46,633 miles
VIN: 1C4RJFBG5JC267961
Stock #: 5802A
Internet Price
$24,995
Kinetic Blue Metallic
Jet Black
Automatic
Gasoline
1.4L Turbo I4 153hp 177ft. lbs.
111,171 miles
VIN: 3G1BE5SM7HS506395
Stock #: 5773
Internet Price
$10,995
Tungsten Metallic
Ebony
Automatic
Gasoline
3.6L V6 281hp 266ft. lbs.
128,137 miles
VIN: 1GNKVHKD8HJ223621
Stock #: 5808
Internet Price
$13,995
Summit White
Jet Black
Automatic
Gasoline
Ecotec 1.4L Turbo I4 138hp 148ft. lbs.
138,775 miles
VIN: KL7CJNSB9HB131057
Stock #: 5761
Internet Price
$9,995
Titanium Bronze
Black
Automatic
Gasoline
Nu 2.0L I4 147hp 132ft. lbs.
87,266 miles
VIN: 3KPFK4A76HE114207
Stock #: 5772
Internet Price
$9,995
Silver Ice Metallic
Jet Black/Medium Titanium
Automatic
Gasoline
Ecotec 1.8L I4 138hp 125ft. lbs. PZEV
67,243 miles
VIN: 1G1PC5SG4G7188075
Stock #: 5775
Internet Price
$10,995
White
Black
Automatic
Flex-fuel
Pentastar 3.6L Flex Fuel V6 283hp 260ft. lbs.
119,770 miles
VIN: 3C4PDDGG8FT566948
Stock #: 5806
Internet Price
$11,995
How Does A Car Loan Work?
So, you have been trying to put up with your decades old car that almost breaks often instead of work. And, finally after a weekly repair appointment has worn you out, you have decided that it is already time to get a new car. Then you have made a research and you already have the car brand and color in mind. But, there is one big problem – you don’t have enough money to buy a car!Your car can be your most costly purchase - aside from your house. Which is why, buying a new car is an equally serious decision to make. Not all can afford to buy a car with a spot cash, typically a car loan should essentially be an option.
But before you head out for your first ever car loan, here are the things you should know about how a car loan works.
Taking a Car Loan – What You Should Know
Taking a car loan means that you get the lump sum or amount you will need for the car you want to buy from a financial institution. And, after submitting the requirements, and signing in a contract you agree to pay the money back in installments with interest according to the agreed terms.The terms of your monthly installment and the overall amount of your car loan depends on the following:
- The finance charge or loan amount
- The duration of the loan
- The size of your monthly payment
Usually car loans are paid within 36 to 72 months. The amount of payment you must pay monthly is composed of the principal amount plus interest rates including the fees paid to the lender. The interest rate along with the lender fees for the loan provision, makes up the APR or the Annual Percentage Rate for your loan.It is very important to know that how and when you make your payments over the course of the month will have an effect to how much principal and interest will get paid.
When you pay early more of your payment will go to the principal balance. This would mean that the interest rate will be less. When you pay just on time you will pay the exact amount of interest you have agreed upon signing. However, when you pay late more of that monthly payment will go to the interest charges. Simply put, with a longer loan term you can significantly lower the amount of your monthly payment, but it also means that you will be paying more for the interest.
Options for Taking a Car Financing Loan
- Indirect Lenders – This includes Car Dealerships where they sell cars and at the same time offercarfinancing solutions. Typically, these types of lenders will have higher rates.
- Direct Lenders – Bank Firms offer car financing loan with more flexible and lighter payment terms. Recently, there are also a lot of online lenders that offer convenient and versatile auto loan application and processing.