Guaranteed Finance

Auto Net Credit Centers offer all types of financing, traditional loans offered from banks, credit unions, and lending companys, as well as guarenteed in house financing. After you complete the auto loan approval process a representative will discuss your needs and determine which options are best suited for your situation.



When you apply for a guaranteed car loan approval, the first thing you'll want to do is to set realistic expectations about a number of things. First and foremost, choosing the correct car is the most important part of a guaranteed auto loan. Once the auto mart has set a budget for you, they should be able to give you a choice of 3 or more cars. Choose wisely.

Establishing or reestablishing your credit with guaranteed car finance is not the time to get the big sport utility vehicle that you've always wanted. Even if your income qualifies you for one (which is rare), the price of gas and insurance plus your monthly payment just doesn't make sense. Allow for unexpected expenses in your budget and keep the car payment as low as possible. Instead of that big SUV, consider a more affordable sedan or even a minivan (a minivan gives you the room of an SUV with better gas mileage).

Once you have picked the car have it inspected by an ASE Certified Master Mechanic. Don't rely on the car lot or a used car history report to verify a "clean" vehicle history. While these reports are a good stepping-off point, most insurance companies don't send them any information so the information they contain could very well be incomplete. Given a couple of hours, a good mechanic can tell you all you want to know about a car - from how it was driven (using a compression check) to whether or not it was in an accident. The next thing to consider is the guaranteed auto financing, itself. Keep the loan term as short as possible. Especially for your first auto loan with poor credit (the process to rebuild your credit could take at least one additional subprime loan at a lower rate), the interest rate will be high, so the shorter the term, the less interest you will be paying. This also goes back to your choice of a car. If you have picked the right kind of car, it will be easier to shorten the loan term. If you have additional room in your budget once you've cut down on the term, you should consider the purchase of GAP insurance and/or an extended warranty to cover the length of the finance contract. GAP insurance will pay off the difference between the worth of your vehicle and what you owe on your finance contract should your vehicle be totaled in an accident, while an extended warranty will protect you from the possibility of ruinous repair bills should a major mechanical system on your car fail. Window etching, rust proofing and fabric protection are not recommended as add-ons, especially for a guarenteed car loan.