Here at Volkswagen of Inver Grove, we understand that the
unexpected happens sometimes and knocks you down. You may have an unplanned
illness or injury, lose a job, or go through other life changes that impact
your finances. When this happens, you may think there's no way you could
qualify for a car loan.
Leave your worries behind with financing at Volkswagen of
Inver Grove. Our finance department has access to a variety of loan options to
fit almost every buyer. Whether you have bad credit or no credit at all, we can
help you get approved for a vehicle. If you have excellent credit history, we
can get you the best terms.
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Bad Credit Auto Loans
Also known as subprime loans, bad credit car loans are
designed to help those who have had credit problems in the past. They come with
a higher interest rate because of the increased level of risk, but they still
offer affordable monthly payments to fit your budget.
With this type of loan, lenders are looking at more than
just your credit score. They consider your employment history and current
income as well as your debt-to-income ratio. Our finance team will help you
find a loan that won't break the bank but will allow you to get into a new or
newer model. In some cases, you won't even need a trade-in or down payment.
However, you can reduce the cost even further if you have a vehicle to trade
in.
Whether you live in Apple Valley, Cottage Grove, or Eagan, Volkswagen of Inver
Grove wants to help you get into a new set of wheels with a car loan that
offers competitive rates, flexible terms, and reasonable monthly payments.
How to Get Started
You'll find it quite convenient to get financed with
Volkswagen of Inver Grove. Get started from home with our online
application. It allows us to get you pre-approved for a car loan, so you
know what you can afford when you start shopping. You can also look at our
current inventory to get an idea of a model you might be interested in. Use the
payment calculator to estimate your monthly payments based on various
scenarios.
Once you submit your application, our finance team will
review it. They will discuss your options and help you decide on the next step.
In many cases, you can get approved and drive away in your new vehicle within
the same day.
Even if you've had credit challenges in the past, our
finance department works with a variety of situations.
- Late payments
- Delinquencies
- Collections
- Repossessions
- Foreclosures
- Bankruptcies
A bad credit car loan can help you begin to rebuild your
credit and your life. Let Volkswagen of Inver Grove help you get into the
perfect VW model for your lifestyle today.