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.

 

GUARANTEED CREDIT APPROVAL
EASY FINANCING
HIGH QUALITY CARS AND TRUCKS
LOWEST PRICE GUARANTEED

 

 

 

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30 Vehicles Found
Shadow Black
Charcoal Black
Automatic
Gasoline
EcoBoost 1.5L Turbo I4 179hp 177ft. lbs.
114,082 miles
VIN:  1FMCU9GD8JUB94216
Stock #:  5899
Internet Price
$9,995

Mosaic Black Metallic
Jet Black
Automatic
Gasoline
1.4L Turbo I4 153hp 177ft. lbs.
107,853 miles
VIN:  1G1BF5SM9H7236906
Stock #:  5937
Internet Price
$10,995

Triathlon Gray
Gray
Automatic
Gasoline
1.6L I4 137hp 123ft. lbs.
101,294 miles
VIN:  KMHCT5AE7HU334151
Stock #:  5944
Internet Price
$8,995

Snow White Pearl
Black
Automatic
Gasoline
2.4L I4 185hp 178ft. lbs.
121,512 miles
VIN:  5XXGT4L34HG158225
Stock #:  5917
Internet Price
$9,995

Ice Silver Metallic
Black
Automatic
Gasoline
2.0L H4 152hp 145ft. lbs.
67,509 miles
VIN:  4S3GTAA68H3725368
Stock #:  5919
Internet Price
$15,995

Shadow Black
Ceramic
Automatic
Gasoline
EcoBoost 2.0L Turbo I4 245hp 275ft. lbs.
118,042 miles
VIN:  2FMPK4K92GBB13528
Stock #:  5877
Internet Price
$12,995

White Frost Tricoat
Ebony
Automatic
Gasoline
3.6L V6 281hp 266ft. lbs.
124,338 miles
VIN:  1GKKVRKD2GJ197485
Stock #:  5930
Internet Price
$13,995

Burgundy
Tan
Automatic
Gasoline
2.4L I4 185hp 181ft. lbs.
116,399 miles
VIN:  2HKRM4H50GH629709
Stock #:  5913
Internet Price
$15,995

Diamond White Pearl
BEIGH
Automatic
Gasoline
2.0L Hybrid I4 192hp 271ft. lbs.
127,181 miles
VIN:  KMHE24L19GA012188
Stock #:  5850
License Plate:  459HKQ
Internet Price
$8,995

Snowflake White Pearl
Gray
Automatic
Gasoline
SKYACTIV-G 2.0L I4 155hp 150ft. lbs. PZEV
98,412 miles
VIN:  3MZBM1W70GM260782
Stock #:  5950
Internet Price
$13,995

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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:
  1.  The finance charge or loan amount
  2.  The duration of the loan
  3.  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

  1.  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.
     
  2.  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.