Qualify for Bankruptcy Auto Loans in O’Fallon

November 27, 2018  

 

Qualify for Bankruptcy Auto Loans in O'FallonIf you have filed bankruptcy within the past few years, is it possible to even buy a car at a dealership? While every situation is different, know that it is likely that you can purchase a pre-owned vehicle during this difficult time. There are a variety of bankruptcy auto loans in O’Fallon from which to choose if you are going through these circumstances.

It will help you if you follow these steps when buying cars, trucks, mini-vans or one owner SUVs for sale. Eventually, you will be able to slowly rebuild your credit and enjoy lower costs:

  1. Purchasing a used car is typically smarter than picking out a brand-new model. Since money is obviously a major concern, it is wise not to go over your spending limit.
  2. A vehicle priced between $10k-$15k is a good choice. Rely on the specialists at Consumer Reports to research dependable autos in this price range. Many cars that are “cheap” may not last very long or might have substantial mechanical problems that will cost extra to repair.
  3. To qualify for affordable financing, you must have a positive payment history and a secured or unsecured credit card for at least 6 months.
  4. At 5 Star Auto Plaza, we understand that situations happen out of our control sometimes, we offer financing to those who have had to file bankruptcy. Check out our online car loan application. 

5 Star Auto Plaza always has a large selection of quality used vehicles and is proud to supply competitive bankruptcy auto loans in O’Fallon. Speak with an experienced sales team member by contacting us at (636) 940-7600. We look forward to working with you.

 

5Star auto plaza Review

5 Star Auto Plaza

5 Star Auto Plaza Review

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    Review Your DealerThey did me a great deal by working with  me on my trade in. I got into something I actually wanted and didn’t break the bank. Read More
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    Review Your Dealer5 Star Auto Plaza even won my husband over with their sales techniques. There was no high pressure tactics or belittling us. I was also impressed with all the clean cars and their selection. I would go back without hesitation. Read More
  • Chesterfield Used Cars

    Review Your DealerI made an appointment at 5 Star Auto Plaza. They showed me the car and gave me a test drive. They were  very friendly, courteous, and didn’t try to hard sell me. The car sold itself, yet they made the experience easy. Read More
  • St. Louis Used Cars

    Review Your DealerI found the gentlemen  I dealt with at 5 Start Auto Plaza quite respectful and seemed to really have my best interest at heart . My salesman really worked with me on picking out the perfect car for me. I appreciated the personalized approach he offered. Read More
  • O’Fallon Used Cars

    Review Your DealerDidn’t have to go through a big deal on getting a deal. I told them what I thought the car was worth and they worked with me to get me there. Read More
  • St. Peters Used Cars

    Review Your DealerI  wanted a new car for myself so I started checking out some cars online. I found a Lexus LS430 and decided it was the perfect car for me, I just needed to find the right priced one. I found one at 5 Star Auto Plaza, they worked within my budget and I got the car [...] Read More
  • St. Louis Used Cars

    Review Your DealerThey gave me a great price on my trade in and the overall price was very fair according to blue book. I am more than pleased with how the service was here. Read More
  • St. Charles Used Cars

    Review Your DealerFriendly faces and attitudes made all the difference for me from past experiences. They even detailed my suv upon delivery. Great experience. Read More
  • St Charles Used Cars

    Review Your DealerLast summer I purchased a F150  from these guys.  After looking at several local dealerships, I found 5 Star Auto Plaza had the best prices, they had honest sales people and a great selection.  My truck is a great, it runs perfectly and it we absolutely love it!   Read More
  • St. Louis Used Cars

    Review Your DealerRecently after filing for a bankruptcy, our SUV broke down so we need a new family car.  We were really concerned after being turned down by another local auto dealer and our bank for a car loan due to our lack of credit after the bankruptcy.  We were truly elated to find 5 Star Auto [...] Read More
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