Banks and credit unions tend to offer the best rates, with credit unions usually being somewhat lower than most banks.

Auto dealership

It is also possible to obtain your financing through the auto manufacturer or auto dealer, although rates are normally higher if you choose to go this route. It makes sense to shop around though, because select dealers may actually offer great deals. It all depends on the dealership and the actual vehicle you are considering buying. In all cases though, “comparison shopping” is the best way to go.

Another option is to consider borrowing through a home equity loan. The interest rates are usually good if you choose this option and your payments might even be tax deductible. However, when considering a home equity loan, it is vital that you make sure you will not lose your house if there are problems with repayments or through any other eventuality.

Be very wary of dealers who encourage you to roll over the balance you still owe on your trade-in, into your new car loan. Basically, this means that you end up paying more than the purchase price of the new vehicle in the long run.

Length of loan

Auto-loan providers offer loans that run for different periods of time. The length of time you take to repay an auto-loan is extremely important because the longer you take, the more this particular loan will end up costing you. There are auto-loan providers who offer loans that run between 72 and 84 months.

This might sound very appealing due to the limited amount you are required to pay back on a monthly basis, but the interest rate on these loans will be very high. It is also important to realize that the longer the loan period, the longer it will take to reverse the “upside down“ status on your loan, which is the period during which you owe more than your vehicle is worth.

Pay higher financing on a low-price vehicle

Dealers who finance auto-loans sometimes indicate a low price on the car`s windshield, but make their money back when you sit down to finance the purchase. In other cases, auto dealers who finance loans offer very reasonable interest rates for certain models but are not prepared to negotiate on the price of the vehicle.

Sometimes, you may be required to part with a very substantial down payment in order to qualify for a reasonable rate. In most of these situations, it is best to look for another loan provider, even if you are required to pay high financing but on a low-price vehicle.

Bad credit auto-loan providers

Source a “bad credit” loan provider if your credit score is poor. Select agencies will advance auto-loans to people with bad credit. By going online, you will be able to source the many agencies that are prepared to grant auto-loans unhindered, even under these circumstances.

So when it comes to getting the best deal from your auto loan dealer, be sure to look at money saving money and rest assured that you will be well taken care of.

Car buyers who purchase a vehicle with HELOC end up paying a lower monthly payment than refinancing or financing a new auto loan. The terms of the loan is usually longer, say, 10-15 years, and the interest on the loan is tax deductible.

Home equity loans are a great option for car buyers that are financially responsible: pay their bills on time, and live within their budget.

Prior to the housing market collapse, buying a new vehicle through HELOC was a common business transaction. Then, 11.8 percent of all new auto loans were done using home equity line of credit. By 2010 only 4 percent of vehicles were finance through HELOC. Now it is on the rise again.

Presently, HELOC auto loan originations is around 5 percent.

What do these home equity line of credit loan trend mean for credit unions, banks, captive lenders, BHPH and car dealerships? They give them another option of financing and help them to sell more new cars to car buyers that have been holding on to their used vehicle for the last 5 years.

If you are looking to purchase a new car and have been turn down for a HELOC loan, fill in an auto loan application with us. Let lenders compete to give you a loan.

This figure is up from the recession days when car dealers experience losses of more $180 per vehicle.

Here is how car dealers make money
Due to financial environment many people are opting for used car loans and are holding on to their used vehicle for a longer period of time. Therefore, dealers are making lots of money repairing vehicles and selling OEM and other parts to car dealers.

The average time car owners held a car in 1995 was 8.4 years, in 2011 it was 10.8 years.

In addition, car dealers make a considerable amount of money offering warranty and gap insurance. However, most of the money they generate comes from financing vehicles. A bank or credit union could offer the car buyer 5% APR interest rate on the loan through the dealership.

The dealership them offers the buyer 6% and pocket 1% on the financing of the entire loan. In some case, car dealership sells used vehicles with a price target that is way above the NADA or Kelly Blue Book value, with a loan to value LTV of over 125%.

If you have bad credit and is in the market for a bad credit car loan, submit your auto loan application with us. Let lenders compete to offer you a loan.

One of the most important things in your financial life is a good credit score. National Credit Education Month is March which experts M&I, a part of BMO Financial Group, want to guide you and make you understand to improve your credit.

There are three main credit scores: Transunion credit score, Equifax credit score and Experian credit score. A car dealer can either use the FICO score range or the Fantage score system when calculating car loan rates.

The Arizona President, M&I named Steve Johnson said that a good credit score is very vital in different angles of your life. Credit score can make a difference for your ability to get a car loan or being eligibility and a credit card.

Your APR interest rate you pay on a loan can be affected by your good score, too. Steve Johnson, in honor of the month of March, offered tips about handling your credit score.

Credit Score Scale for FICO and Fantage

Super prime – very good credit
FICO Score: 740 plus
VantageScore: 801-990

Prime – good credit
FICO Score: 680-739
VantageScore: 701-800

Non-prime – no so good credit
FICO Score: 620-679
VantageScore: 641-700

Subprime – bad credit
FICO Score: 550-619
VantageScore: 601-640

Deep subprime – terrible credit
FICO Score: less than 550
VantageScore: 501-600

First, check your credit report. In order to make sure that you credit report is correct, you need to apply for a loan before at least sixty or ninety days.

Make sure to inform a credit agency before you apply for a car loan if the report is incorrect.

Second is to pay your bills on time. When your bill is paid late or a month past due, this happening can show up on your credit report for about seven years.

You need to manage credit very carefully. The saying goes, less is more. If you cancel a credit account and a get a new one, that will give you a problem on your credit score. This situation may take years to fix.

You also need not ignore going over the credit limit. A little number of credit card companies allow you to do this, but this can reduce your ability to handle your account.

Use your credit wisely by using it when needed. If you don’t use any type of credit, it does not mean you’ll have the best credit history.

A lot of lenders like to see their customer have three or four accounts as a twenty-four month payment history.

And don’t shop for credit. Even one inquiry can mess with your credit score.

It would be helpful to you if you add an installment loan, too. You’ll get quick improvement to your scores if you convince people that you are wise with two types of credit, revolving and installment.

One of the most important credit score advice you’ll ever get is to use your cards lightly. Gathering huge balances can injure your scores greater, not even if you pay your bills full each month .

You can also increase your score by limiting your charges to 30 or 10 percent on your card’s limit.

Limiting your credit is the key. Handling your credit score for a used car loan shouldn’t be a stress in your life.

In order to get a low APR rate on car loans take advantage of March’s Credit Education Month to understand and improve your credit score. A good credit score can make a difference between a no money down good interest rate car loan and a high interest rate bad credit car loan

The company expects to be buying subprime loans from dealers in all 50 states by the end of 2012.

To qualify for a bad credit car loan from a dealer offering lending through Exeter, you will have to meet the following:.

1. Agreement to Provide Insurance signed by the customer and dealer (showing $500 Comp/Collision)
2. Proof of insurance (Must be 6 month policy and list Exeter Finance Corp. as lienholder)
3. Proof of income within 30 days of the contract date
4. Proof of residence within 30 days of the contract date
5. Valid Driver license – Must be legible, current, and in the state of residence
6. 4 complete references (name, address, phone number, relation)
7. Debt should be no more than 40% of gross income
8. Minimum monthly income of $1,700 for individual or $2,000 with co-signer.

Exeter Finance is based in Irving Texas and is currently financing loans through over 5000 dealers in 40 states, double the number of dealership it did business with in 2011.

If you have been turn down by a dealer or lender, then CarDownloan can help. Just fill in the easy auto loan application. Let lenders compete to offer you a bad credit car loan

The regulators started requiring banks to disclose auto loans during the first quarter of the previous year which is the reason why there is no data available for the annual comparison.

The portfolio for Capital One Financial Corp. accounted nearly 70 percent of the entire auto loans within the reviewed group.

However the McLean-based institution registered a 6.6 percent growth during the third quarter of last year to nearly $21.7 billion during the fourth quarter. Dominating the ranks were the renowned credit unions although they posted mixed quarterly results.

The Vienna-based Navy Federal Credit Union for example, reported 0.5 % decline during the last three months but it still registered a 4 % increase to approximately $5.6 billion for the same year.

Some of the largest results in auto loans were observed at NASA Federal Credit Union in Upper Marlboro as it recorded a surprising 32.7 % increase for the quarter along with an 25 % jump for the same year.

On the other hand Apple Federal Credit Union Fairfax, VA based grew its scores of auto loans to 18.5 % during the fourth quarter and 26% for the same year. Auto lending was observed to be flat year over year at Virginia Heritage Bank in Vienna although during the last three months of 2011 it saw an increase of 12.8 % to nearly $65.8 %.

Charles C. Brockett the Chief operating officer said that the supply chain disturbance that was caused by the floods in Thailand and earthquake in Japan tempered loan growth.

He further mentioned that they still do a fair amount of import financing so that such natural disasters that result in slower pace of lending that anticipated. He added, the impetus from the fourth quarter was quite strong and that they are also seeing it continue into 2012 as well.

However the consumer demand for cars was quite apparent during the February retail sales from the commerce department as it showed a 1.7 % increase over the last year to nearly $70.5 billion in sales. Fortunately analysts foresee continued purchase throughout the year if the interest rates on auto loans continue to stay down.

Having an affordable car provides a critical benefit for working families even during the worst recession times, a new survey has found. The survey was conducted over 445 loan recipients offered from 2007 to 2010 by Ways to Work, one of the largest low income car ownership programs of the nation, offering auto loans and credit assistance to people with poor credit

As a result it has found that nearly 82% were able to get off well being and other public aids. Moreover this also led to an approximate savings to taxpayers of nearly $18.2 million a year which is double the amount given to the group.

The participants also reported increased wages, incomes, educational levels and access to customary financial services likes bank accounts. The study conducted by the consulting group ICF international Inc. was specially made by Ways to Work the non-profit group which has nearly 55 offices in around 23 states.

They offer car loans at usually 8% APR interest to working families having a bad credit score and low income levels and it also gets a considerable majority of its funding from several private sources. In the year 2011 they issued nearly $5.8 million in car loans.

Ways to Work along with other low income vehicle ownership programs offer an excellent alternative to used car dealerships called as Buy Here Pay Here lots which mainly caters to people having credit problems.

However the lots that provide in-house financing usually charge around 18 percent to 30 percent on their car loans and insistently repossess vehicles. The default rate in the Buy Here Pay Here lot hovers around 25 percent by comparison which is less than 12 percent of Ways to Work loans not repaid.

It has been found that owning a vehicle is the key to economic mobility in the country mainly considering the decrease in funding for public transit in recent years.

However due to the very few low income vehicle ownership programs throughout the nation and not at all in some areas such as Southern California, most of the working families still have no option except to go with Buy Here Pay Here dealers.

According to the president of Ways to Work, Jeff Faulkner, the program is something that should be in all the 50 states because it actually pays back far more than what is put in. Moreover the study also found that taxpayers saved nearly $2.50 for every dollar they invest in the program.

A woman who earns nearly $40,000 a year usually ends up paying that surprising car loan payment even when she traded in her old vehicle and the dealer passed on the remaining loan balance into the new one. The woman said the dealer assured to pay off her old car loan regardless of how much she owed.

Theoretically, the dealer however did just that, but did it mislead the lady to eventually make her responsible to pay for the difference between the value of her own trade-in and the balance remaining on her old car loan?

Moreover the Federal Trade Commission also things so. But for this time, under improved rule making authority in the Dodd-Frank Financial reform act. This means that the FTC is in search for auto dealers that regulator says are tricking consumers by saying they have no remaining debt obligation for their trade-ins.

Therefore by using the dollar figures, the FTC explains how it actually works. In case you want to trade in your vehicle for a new model, but you still owe around $18,000 on your previous loan then your car is just worth $15,000.

So, this means that you are upside down or have a negative equity of $3,000 which needs to be paid when you trade in your old vehicle. Even though their advertising might promise to pay off the remaining $3,000, some dealers might add the amount to your next loan of your new vehicle or deduct it from your down payment or might even do both.

Even when someone drives his new vehicle off the dealer’s lot he could still be upside down on his previous loan. Nearly 14% of new car buyers in 2011 have traded in their old car which they had a negative equity according to the CNW Marketing Research.

The assistant director of division of financial practices of FTC said if dealers tell people that they will surely pay off their trade in then the customers should not be held responsible for any amount of the loan.

He further said that this is because the dealers usually offer a lot of incentives and so a reasonable customer can believe that this is just another incentive for their new vehicle.

With more than a million vehicles sold to customers throughout the nation, over 1,000 active credit union relationships and approaching $10 billion in credit union loan volume, Enterprise Car Sales now works with credit unions and their members all over the nation which means chances are high that your credit union could be among them.

Enterprise Car Sales has shaken hands with Credit Unions for more than 30 years to offer their members great deals on well-maintained superior vehicles.

Members of credit union can expect to receive excellent service similar to what they get from their financial institution and Enterprise surely knows how to deliver. According to the Group Business Development Manager Kaushika Kansara from the Car Sales Division, Enterprise has been in business for more than 50 years with more than 130 locations throughout the nation to serve its credit union members.

So, with over hundreds of vehicles in the on-line inventory, getting access to the largest fleet of vehicles in North America and having one of the highest customer satisfaction rating in the industry, Enterprise is truly the perfect resource for credit union members who are in search for a vehicle.

Valuable services to Credit Union members through the partnership

Something that really sets credit union apart from other financial institutions is the special services they offer to their members along with the standard services and products. Access to their services and Enterprise vehicles is an excellent example.

The no-haggle pricing by Enterprise is one of the draws for the members of credit union. The price is displayed clearly on every car. Kansara says that the vehicles are actually priced to be market competitive where each one is priced based on their miles, features and available supply in the market.

She further said that they have real time data driven system which lets them price every vehicle very competitively based on the current market day supply and demand of the particular vehicle.

Apart from the great pricing services and continuously updated online inventory of over 6,000 quality used trucks, cars, SUVs and vans, Enterprise also works with credit union in building member excitement and awareness around a great an excellent car buying experience by offering brilliant incentives, member events, special programs and exclusive car sales.

Enterprise Car Sales Locations
Enterprise Car Sales Stores
Enterprise Car Sales Birmingham
2650 Pelham Parkway
Pelham, AL 35124
888-893-7509 Enterprise Car Sales Nashville
1169 West Main Street
Hendersonville, TN 37075-2822
888-351-1708

Enterprise Car Sales Marietta
1669 Cobb Parkway South
Marietta, GA 30060-6551
866-855-5417

Enterprise Car Sales Union City
4205 Jonesboro Road
Union City, GA 30291-2267
888-937-7022

Enterprise Car Sales Duluth
3244 Commerce Ave
Duluth, GA 30096
866-349-8691

Enterprise Car Sales Memphis
2019 Covington Pike
Memphis, TN 38128-6903
888-355-7066

Enterprise Car Sales Louisville
3718 Bardstown Road
Louisville, KY 40218-2209
866-242-0635

Enterprise Car Sales Augusta
3208 Washington Road
Augusta, GA 30907-3815
866-346-7072

Enterprise Car Sales Mobile
8461 Airport Blvd.
Mobile, AL 36608-9647
866-847-4631

Enterprise Car Sales Columbia
3014 Two Notch Road
Columbia, SC 29204-2822
888-689-3685

Enterprise Car Sales Cincinnati
555 E. Galbraith Rd
Cincinnati, OH 45215-5605
866-851-5150

Enterprise Car Sales S. Lindbergh
5718 S. Lindbergh
St. Louis, MO 63123-6937
866-851-5147

Enterprise Car Sales Glen Carbon
4251 South State, Rte 159
Glen Carbon, IL 62034-1907
866-855-0132

Enterprise Car Sales South Kingshighway
4927 South Kingshighway
St. Louis, MO 63109-2931
888-470-8642

Enterprise Car Sales Charlotte
6201 East Independence Blvd
Charlotte, NC 28212-6954
866-814-4401

Enterprise Car Sales Clayton
8844 Ladue Road
St. Louis, MO 63124-2046
866-850-8201

Enterprise Car Sales West County
13750 Manchester Road
Manchester, MO 63011-4502
866-855-5454

Enterprise Car Sales North
623 Dunn Road
Hazelwood, MO 63042-1725
866-855-1725

Enterprise Car Sales St. Charles
3733 Veterans Memorial Parkway
St. Charles, MO 63303-3171
866-853-1467

Enterprise Car Sales Pendleton Pike
7777 Pendleton Pike
Indianapolis, IN 46226-3954
866-853-1463

Enterprise Car Sales Charleston, WV
1614 2nd Avenue
Charleston, WV 25312-2517
866-820-3721

Enterprise Car Sales Metairie
3529 N I-10 Service Road, #100
Metairie, LA 70002-5960
800-565-0349

Enterprise Car Sales Greensboro
3700 W. Wendover
Greensboro, NC 27407-1510
888-802-3122

Enterprise Car Sales Baton Rouge
6117 Siegen Lane
Baton Rouge, LA 70809-4156
800-741-9377

Enterprise Car Sales Charleston, SC
8701 Rivers Ave. Unit 101
North Charleston, SC 29406-9212
888-700-6776

Enterprise Car Sales Columbus
4701 West Broad Street
Columbus, OH 43228-1612
866-851-5156

Enterprise Car Sales Roanoke
4721 Melrose Avenue
Roanoke, VA 24017-2333
888-647-9023

Enterprise Car Sales Jacksonville
11034 Atlantic Boulevard
Jacksonville, FL 32225-2902
888-410-0980

Enterprise Car Sales Shreveport
1205 Mercedes Benz Drive
Shreveport, LA 71115-2329
866-645-6580

Enterprise Car Sales Raleigh
1301 Capital Blvd
Raleigh, NC 27603-1117
888-328-7077

Enterprise Car Sales Chicago Ridge
11429 South Harlem Avenue
Worth, IL 60482-2062
866-855-5433

Enterprise Car Sales Chicago Ridge
11429 South Harlem Avenue
Worth, IL 60482-2062
866-855-5433

Enterprise Car Sales Glen Ellyn
395 W. Roosevelt Road
Glen Ellyn, IL 60137-5643
866-855-5452

Enterprise Car Sales Glen Ellyn
395 W. Roosevelt Road
Glen Ellyn, IL 60137-5643
866-855-5452

Enterprise Car Sales Chicago
3840 N. Western Avenue
Chicago, IL 60618-3735
866-855-5453

Enterprise Car Sales Chicago
3840 N. Western Avenue
Chicago, IL 60618-3735
866-855-5453

Enterprise Car Sales Canton
5020 Whipple Avenue NW
Canton, OH 44718-2658
888-310-6646

Enterprise Car Sales Blue Springs
201 South 7 Highway
Blue Springs, MO 64014-3050
800-697-2295

Enterprise Car Sales Clearwater
17335 US Highway 19 North
Clearwater, FL 33764-7521
866-855-5400

Enterprise Car Sales Tampa
3909 W. Hillsborough Avenue
Tampa, FL 33614-5627
866-855-1730

Enterprise Car Sales Brookpark
18301 Brookpark Road
Brookpark, OH 44142-1519
866-855-1728

Enterprise Car Sales Tulsa
4101 South Sheridan
Tulsa, OK 74145-1117
866-463-2961

Enterprise Car Sales Orlando
5322 E. Colonial Drive
Orlando, FL 32807-1820
888-213-0655

Enterprise Car Sales Merriam
10000 Shawnee Mission Pkwy
Merriam, KS 66210-3641
800-332-0566

Enterprise Car Sales Pittsburgh
4489 Campbell’s Run Road
Pittsburgh, PA 15205-1311
866-429-8710

Enterprise Car Sales Beaver
1231 3rd Street
Beaver , PA 15009-2545
866-669-5870

Enterprise Car Sales Bedford
19500 Rockside Road
Bedford, OH 44146-2083
866-855-1727

Enterprise Car Sales Richmond
8605 Midlothian Turnpike
Richmond, VA 23235-5232
866-850-8207

Enterprise Car Sales North Versailles
1115 Lincoln Highway
North Versailles, PA 15137-2133
866-832-2195

Enterprise Car Sales Farmington Hills
29301 Grand River Avenue
Farmington Hills, MI 48336-5617
888-588-5688

Enterprise Car Sales Milwaukee
5839 South 27th Street
Milwaukee, WI 53221-4130
888-656-4652

Enterprise Car Sales Woodbridge
13605 Jefferson Davis Hwy
Woodbridge, VA 22191-2004
866-294-2553

Enterprise Car Sales Fairfax
9854 Fairfax Boulevard
Fairfax, VA 22030-1737
888-227-9356

Enterprise Car Sales Newport News
947 J. Clyde Morris Blvd.
Newport News, VA 23601-1003
888-355-7067

Enterprise Car Sales Plano
605 Coit Road
Plano, TX 75075-5704
866-832-2190

Enterprise Car Sales Rockville
15131 Frederick Road
Rockville, MD 20850-1109
888-227-9313

Enterprise Car Sales Norfolk
7436 North Military Highway
Norfolk, VA 23518-4306
888-589-6349

Enterprise Car Sales Midwest City
6905 SE 29th
Midwest City, OK 73110-3004
866-828-9524

Enterprise Car Sales Des Moines
2551 100th Street
Urbandale, IA 50322-3800
866-848-6783

Enterprise Car Sales South
14900 Gulf Freeway
Houston, TX 77034-5355
888-837-3961

Enterprise Car Sales New Carrolton
7998 Annapolis Road
Lanham, MD 20706-1310
888-227-9289

Enterprise Car Sales Oklahoma City South
7500 South Shields
Oklahoma City, OK 73149-1632
866-474-0946

Enterprise Car Sales Arlington
1112 East Division Street
Arlington, TX 76011-7338
866-832-2192

Enterprise Car Sales Oklahoma City
433 East Memorial Road
Oklahoma City, OK 73114-2214
866-463-1064

Enterprise Car Sales Northwest
17724 Northwest Freeway
Houston, TX 77065-4619
866-853-1485

Enterprise Car Sales Glen Burnie
502 Crain Highway
Glen Burnie, MD 21061-3037
888-287-6516

Enterprise Car Sales Fort Myers
1905 Boy Scout Drive
Fort Myers, FL 33907-2130
866-642-5144

Enterprise Car Sales Wichita
8800 West Central
Wichita, KS 67212-3829
888-243-4740

Enterprise Car Sales White Marsh
10825 Pulaski Highway
White Marsh, MD 21162-1815
866-832-0969

Enterprise Car Sales Mechanicsburg
6515 Carlisle Pike
Mechanicsburg, PA 17050-2376
866-533-7067

Enterprise Car Sales West Palm Beach
479 S. Military Trail
West Palm Beach, FL 33415-2809
866-830-5006

Enterprise Car Sales Omaha
7505 L. Street
Omaha, NE 68127-1820
888-738-6802

Enterprise Car Sales Newark, DE
155 East Cleveland Ave
Newark, DE 19711-2213
888-878-6295

Enterprise Car Sales West Chester
620 East Gay Street
West Chester, PA 19380-2733
866-463-1066

Enterprise Car Sales Lauderdale Lakes
2150 North State Road 7
Lauderdale Lakes, FL 33313-7055
866-832-2197

Enterprise Car Sales Amherst
6755 Transit Road
East Amherst, NY 14051-1485
866-474-0938

Enterprise Car Sales Airport
501 S. Governor Printz Boulevard
Lester, PA 19029-1738
866-855-5392

Enterprise Car Sales Austin
4210 South Congress Avenue
Austin, TX 78745-1104
866-850-8205

Enterprise Car Sales Conshohocken
1207 West Ridge Pike
Conshohocken, PA 19428-1019
866-526-9218

Enterprise Car Sales Pennsauken
3011 Admiral Wilson Boulevard
Pennsauken, NJ 08109-3937
866-346-1715

Enterprise Car Sales Allentown
1713 Lehigh Street
Allentown, PA 18103-4727
888-465-1023

Enterprise Car Sales South Miami
17720 South Dixie Highway
Miami, FL 33157-5422
866-853-1479

Enterprise Car Sales Warrington
57 Easton Rd
Warrington, PA 18976-2515
888-634-5031

Enterprise Car Sales Philadelphia
2001-19 Byberry Road
Philadelphia, PA 19116-3015
888-621-9919

Enterprise Car Sales Rochester
1795 Ridge Road East
Rochester, NY 14622-2438
866-392-3910

Enterprise Car Sales NE San Antonio
11238 IH-35 North
San Antonio, TX 78233-4214
888-544-9245

Enterprise Car Sales NW San Antonio
31240 IH 10 West
Boerne , TX 78006-9237
888-801-7478

Enterprise Car Sales Iselin
449 State Highway 27
Iselin, NJ 08830-1706
866-278-2497

Enterprise Car Sales Spring Lake Park
7800 NE Highway 65
Spring Lake Park, MN 55432-2803
866-371-2847

Enterprise Car Sales Wayne
1546 Route 23 North
Wayne, NJ 07470-7516
866-278-2495

Enterprise Car Sales Clifton
1316 Main Avenue
Clifton, NJ 07011-2244
866-661-6241

Enterprise Car Sales East Elmhurst
108-14 Astoria Blvd
East Elmhurst, NY 11369-2032
866-847-4985

Enterprise Car Sales Rockville Centre
602 Sunrise Highway
Rockville Centre, NY 11570-5129
866-297-6343

Enterprise Car Sales New Rochelle
90 Hugenot Street
New Rochelle, NY 10801-5724
866-386-4031

Enterprise Car Sales Huntington
1141 E Jericho Turnpike
Huntington, NY 11743-5434
866-386-4029

Enterprise Car Sales Milford
886 Bridgeport Avenue
Milford, CT 06460-3110
866-387-7320

Enterprise Car Sales Clifton Park
1637 Route 9
Clifton Park, NY 12065-4369
866-386-4032

Enterprise Car Sales East Hartford
411 Connecticut Blvd.
East Hartford, CT 06108-3047
866-855-5217

Enterprise Car Sales Westwood
340 Providence Highway
Westwood, MA 02090-1910
866-853-1446

Enterprise Car Sales Woburn
248 Mishawum Road
Woburn, MA 01801-2062
866-852-0143

Enterprise Car Sales Manchester
850 Gold St
Manchester, NH 03103-4087
888-310-6626

Enterprise Car Sales Denver
5179 S. Broadway
Englewood, CO 80110-6705
888-586-8640

Enterprise Car Sales Thornton
2390 West 104th Avenue
Thornton, CO 80234-3618
866-431-2686

Enterprise Car Sales Albuquerque
9300 Coors Blvd. NW
Albuquerque, NM 87114-4006
866-549-4508

Enterprise Car Sales Tucson
3313 East Speedway Boulevard
Tucson, AZ 85716-3935
866-855-1721

Enterprise Car Sales Midvale
7144 South State Street
Midvale, UT 84047-1559
866-395-3941

Enterprise Car Sales Tempe
1444 W. Auto Drive
Tempe, AZ 85284-1015
866-850-8208

Enterprise Car Sales Peoria
17261 N. 91st Avenue
Peoria, AZ 85382-3737
866-851-5149

Enterprise Car Sales Las Vegas
4517 West Flamingo Rd
Las Vegas, NV 89103-3702
888-851-5783

Enterprise Car Sales El Cajon
850 El Cajon Boulevard
El Cajon, CA 92020-5715
888-251-1413

Enterprise Car Sales Rialto
585 West Valley Boulevard
Bloomington, CA 92316-2222
866-573-2343

Enterprise Car Sales Riverside
7807 Indiana Ave
Riverside, CA 92504-4126
866-533-7102

Enterprise Car Sales Vista
875 West Vista Way
Vista, CA 92083-4419
866-463-2936

Enterprise Car Sales Montclair
10385 Central Avenue
Montclair, CA 91763-4402
866-463-3065

Enterprise Car Sales Orange
1925 N. Tustin Street
Orange, CA 92865-4606
866-463-1065

Enterprise Car Sales Pasadena
2250 East Colorado Boulevard
Pasadena, CA 91107-3656
888-287-6530

Enterprise Car Sales Huntington Beach
17541 Beach Boulevard
Huntington Beach, CA 92648-6801
888-777-5695

Enterprise Car Sales Long Beach
3384 Cherry Avenue
Long Beach, CA 90807-4902
888-720-7993

Enterprise Car Sales Gardena
1325 West Redondo Beach Blvd
Gardena, CA 90247-3320
866-290-4120

Enterprise Car Sales Culver City
11180 Lucerne Avenue
Los Angeles, CA 90230-4244
866-820-3725

Enterprise Car Sales Reseda
6653 Reseda Boulevard
Reseda, CA 91335-5314
866-820-3723

Enterprise Car Sales Reno
3003 Mill Street
Reno, NV 89502-2136
888-810-3226

Enterprise Car Sales Fresno
6187 N. Blackstone Ave.
Fresno, CA 93710-5100
888-588-7488

Enterprise Car Sales Rancho Cordova
2757 Citrus Road
Rancho Cordova, CA 95742-6228
888-819-4950

Enterprise Car Sales Roseville
925 Riverside Ave
Roseville, CA 95678-4338
866-285-8971

Enterprise Car Sales Stockton
306 North Hunter Street
Stockton, CA 95202-2334
888-809-7962

Enterprise Car Sales Sacramento
5011-B Auburn Boulevard
Sacramento, CA 95841-2620
866-832-2193

Enterprise Car Sales San Jose
598 South First Street
San Jose, CA 95113-2806
888-500-5788

Enterprise Car Sales Fairfield
1512 N. Texas St
Fairfield, CA 94533-5647
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Enterprise Car Sales Walnut Creek
2679 N. Main Street
Walnut Creek, CA 94597-2712
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Enterprise Car Sales San Leandro
14812 E. 14th Street
San Leandro, CA 94578-2906
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Enterprise Car Sales Redwood City
345 El Camino Real
Redwood City, CA 94062-1723
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Enterprise Car Sales Milwaukie
17300 SE McLoughlin Blvd.
Milwaukie, OR 97267-4811
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Enterprise Car Sales Renton
1110 Southwest Grady Way, Suite R2
Renton, WA 98055-2970
866-814-4402

Enterprise Car Sales Beaverton
10625 SW Canyon Road
Beaverton, OR 97005-1824
866-855-9439

Enterprise Car Sales Lakewood, WA
8916 South Tacoma Way
Lakewood, WA 98499-4460
866-828-6976

Enterprise Car Sales Shoreline
14825 Aurora Avenue North
Shoreline, WA 98133-6526
866-830-5007

Ways to Work will give up to $6000 for car loans and $1,500 for repairs and maintenance of vehicle to eligible families in Macomb, Wayne and Oakland counties. The non profit organization will work with two other Detroit non profits: Spectrum Human Services and Matrix Human Services.

In a time when subprime bad credit car buyers are charge over 18% for car loans (in some cases over 24% for deep subprime poor credit buyers) Ways to Work is offering a flat 8% APR interest rate on car loans with loan term of 24 to 30 months.

The average monthly payments fall between $150 and $220, and Detroit car owners can save up to $750 to $3,000 in interest fees.

The program target lower-income workers with a past history of bad credit or other credit problems.

To qualify car buyers must take a financial literacy class, be continuous employment for at least six months and enrolled in a post high school program.

A thorough inspection of the vehicle is done prior to purchase and vehicles are only purchased from reputable dealers.

Assistance for Ways to Work car loans is sourced through Bank of America, Kellogg, Kresge, Walmart foundations, and other philanthropic organization.

Detroit low income car buyers can contact:

Matrix Human Services
13560 East McNichols
Detroit, MI 48205
Telephone: 313-526-4000
Josephine Hampton

Spectrum Child and Family Services
16250 Northland Dr.
Southfield, MI 48075
Telephone: 313-456-6060
Margaret Godbolt