Tips for Salt Lake City Car Loan Shopping
It's a common myth that a bank is the only place you can get a car loan in Utah. You can get a car loan online from right where you're sitting in Salt Lake City! But how do you go about financing a car online? With myAutoloan's help, of course. We're committed to making auto financing a quick and simple process. We offer a range of resources to help you learn about financing and get the best car loan for your needs. We're not a big bank. We're a valuable resource that offers you the control you deserve in the lease buyout, refinancing, and auto purchase process.
Shopping for a car loan in Salt Lake City is simple. Start by selecting the type of loan you're looking for. Provide us with information about where you live and work and the type of car you'd like to buy or refinance. Once we have that information, your auto loan options will appear in minutes. Each of your car loan offers will be obligation-free and confidential.
Want to shop for auto loans in person? You'd likely need to visit more than a few Utah dealerships! That would take a lot of time and energy. You might even feel pressured to accept a loan offer that you didn't plan for. Apply for your Salt Lake City auto loan online and purchase the new or used car you've been dreaming of today!
4 Auto Loan Types Available in Salt Lake City
myAutoloan offers five different auto financing options: new car loans, used car loans, refinance car loans, private party car loans, and lease buyout car loans. Learn more about the different options available below.
New Car Loan: If you apply for a new car loan in Salt Lake City, that means you're ready to buy a brand new car— you'll be the first-ever owner of the vehicle. It's usually easier to finance a new car than a used one since creditors are more easily able to predict the auto's resale value. Predicting resale value is also why new car loans tend to be more inexpensive than used car loans.
Used Car Loan: If you're applying for a used car loan in Salt Lake City, you're looking for a vehicle that has previously been owned by another driver. You don't plan on being the first driver of this car, but it's new to you. And you plan on driving it as such. Although used car loans generally come with a higher interest rate than new car loans, you may save a pretty penny on your initial vehicle purchase since it has already experienced its initial depreciation period.
Private Party Car Loans: When applying for Salt Lake City private party car loans, that you don't anticipate visiting a dealership in Salt Lake City to purchase a car, truck, or SUV. Rather, you're going to make your purchase through a private seller. In this situation, you must select the car you want before filling out your private-party financing application. Then, the provider of the loan will typically pay the private party the complete vehicle amount, and you'll pay back that amount to the lender.
Lease Buyout Car Loans: Are you looking to own a car that you're in the process of leasing? Then you may need to apply for a lease buyout car loan in Salt Lake City! Lease buyout loans can help you own your leased car. Use the loan offer to buy your vehicle at the end (or near the end) of your current lease agreement. You can avoid looking for another car. Plus, there are no surprises since you are already familiar with your vehicle's history and what it takes to upkeep it.
Why Compare Salt Lake City Car Loans at myAutoloan?
Weighing your options beforehand is the best method for car financing in Salt Lake City. (You comparison-shopped when finding a deal on that new TV, your last vacation, and that laptop, right?!) When you compare, you save! Auto loans are no different, and myAutoloan puts you in control. Apply online to view today's lowest interest rates. View four offers for all types of car loans, and then choose the one that meets your needs. The lender will deliver a check or certificate to you in as soon as 24 hours. Then visit your nearest Salt Lake City dealership get the car you've been dreaming of!