Financing


We do not offer any in-house financing

However, with your good credit, we can help and assist you to get financed, thru our referral service in 24/48 Hrs!

(Please see average or above credit)



Average and above Credit


If you have average or above credit rating, usually 700+ FICA, and established credit worthiness, please stop by Carzoid and inspect the vehicle of your choice, we then put you in touch with one of the local Credit Unions to get the loan processed. Most Credit Unions offer the lowest rates, and best terms auto loans. In many cases you can get a car with no money down. Auto loan rate vary depending on year, miles and your credit. Rates are as low as 4% on newer cars, and it usually takes 24 to 48 hours.


FASTEST AND EASIEST WAY TO GET FINANCED, WITH YOUR GOOD TO EXCELLENT CREDIT:
Apply on line and get funded in 24 hours thru Sun Trust Bank,
Copy and paste the link below on your browser, easy financing, great rates.
www.lightstream.com/auto-loans

FINANCING OPTIONS:
Golden One Credit Union,
Apply on Line at:
https://www.golden1.com/credit-cards-loans/auto-loans
(877) 465-3361 Option 7, Ext# 3123.

COASTHILLS CU - Northern SB County and SLO County 855-774-5626
State Farm Auto Finance - Financing available for older cars too, Please contact Ralph at 805-687-8480
Keypoint Credit Union (888) 255-3637
Ventura County: Ventura County Credit Union 805-477-4000 or Pacific Oaks Credit Union, 805-384-1100 or Wescom Credit Union 888-493-7266
San Luis Obispo County and N. Santa Barbara County: Coast Hill Credit Union: 805-733-7600
Los Angeles, Ventura County: Wescom Credit Union 888-493-7266 EXT 8226
US Military and Veterans: USAA Bank 1-800-531-USAA (8722)

Also there are many other credit unions that offer auto financing, ie. Teachers credit union, County Employee credit Unions and many others....If you live outside California Central Coast, and have good credit, please contact us and we can assist you.

WE DO NOT OFFER ANY ANY HOUSE FINANCING. WE ARE NOT BUY HERE - PAY HERE DEALERSHIP



Below Average Credit and Sub Prime Financing

If you have below average credit, we recommend finding a co-signer with good credit, however if that is not an option, we may be able to provide a sub prime loan. These are high interest loans, usually 18-25% interest, with good amount of down payment .

SUB PRIME FINANCING:
If you have below average credit (usually below 680) however a steady job and income, we MAY be able to arrange 3rd party financing Thru Lobel Financial or ACT Finance. Minimum down payment $2500 or 30%-40% of total out the door price. You must provide proof of income, a utility bill, landlord info and few other docs.
(Cars must have less than 120,000 miles, and be 2010 and newer). These loans are Sub-primes and short terms, 12-36 months. The interest rates are high, and have loan origination fees. We can not help you if you have had an auto repossession in the past.



Sub Prime financing

Done through ACT Finance, a local Santa Barbara Company. 805.434.8008, or Lobel Financials.