In-House Financing

A Hassle-Free Way to Buy a Car—No Banks Required

Getting around the Greater Los Angeles area and Los Angeles County is challenging if you don’t have your own vehicle. Fortunately, in-house financing at car dealerships like Hawthorne Auto Square makes the car-buying process simple and seamless. Whether you’re new to the area or you’ve lived here for a long time, our dealership offers a quick and easy pre-approval process with a fantastic inventory of vehicles waiting just for you.

What Is In-House Financing?

Before you consider applying for in-house financing near me for your vehicle purchase, it’s important to understand what the term means and how the process works.

How it works compared to traditional car loans

An in-house financing dealership acts as both the lender and seller, which means you’ll apply for your financing directly through the dealership. You won’t have to go through a third-party source like a bank, credit union, or other outside lenders. The process is designed to focus on accessibility for car buyers and not just financial numbers and factors like their credit score.

Why in-house financing matters for low-income buyers

Applying for financing through an in-house car dealership has a much faster and easier approval process. Even if you have a low credit score or no credit, there’s a much higher chance you’ll get approved because all the financing is done directly in-house. There are also much more flexible documentation requirements. For example, we only need proof of income, proof of residence, and proof of identification to get you started.

Can You Qualify for In-House Financing with Low Income?

Those with low incomes may wonder whether they’ll qualify for a purchase at used car lots with in-house financing. The truth is that our dealership is extremely flexible for local buyers within a lower income bracket.

Minimum income requirements and why they’re flexible

The Hawthorne Auto team is happy to work with buyers who have low incomes. Your approval is based on your income stability, not just the amount of the loan you want to get. If your income is stable and you have proof, you should not have trouble getting approved.

What types of income are accepted?

At Hawthorne Auto Square, we accept all forms of income, including SSI and SSDI benefits, retirement benefits, unemployment, VA, and many other forms of government benefits. We even have special financing programs for buyers who are paid in cash. Whether you have a part-time job, are a gig worker, or are self-employed, our dealership accepts these as income. We also accept applications from those on government assistance, including Section 8, EBT, and more.

What You Need to Get Approved

Now that you know more about our income requirements to get in-house financing for used cars, here’s what you’ll need to provide to get approved.

Basic requirements most dealerships ask for

To apply for in-house financing, you’ll need to provide a valid ID, such as a driver’s license, ID passport, matricula, or another form of government identification. You’ll also need proof of income, like pay stubs, benefit letters, or recent bank deposits. Finally, you’ll need proof of residence like a utility bill, a residential lease, or something similar.

Helpful tips for faster approval

Remember these tips to make your approval process quick and seamless:

Bring your documentation, including an ID, proof of residence, and proof of consistent income.
Although it’s not required, save for a small down payment if possible to help you get lower monthly payments.
Be honest and upfront about your credit or financial history.
Set a budget in advance so you know how much you can afford to pay each month for your new vehicle.

Benefits of In-House Financing for Los Angeles-Area Drivers

There are many benefits of getting in-house financing if you’re a Hawthorne, CA, area driver, like:

You’ll rebuild or establish credit: Once you’re approved, making timely payments will help improve your credit score.
Buy now, pay over time: Drive away in your new car the same day and enjoy low weekly or bi-weekly payments.

No banks, no hassles: Unlike most traditional dealerships, you won’t have to endure the lengthy and agonizing wait for bank approvals.

What Kinds of Vehicles Are Available with In-House Financing?

Hawthorne Auto Square carries a wide inventory of high-quality used cars, including classic sedans, family-friendly SUVs, rugged trucks, and versatile vans. Our vehicle selection has something to fit every budget and lifestyle. Plus, we always ensure our inventory is priced explicitly for low- and fixed-income drivers and their families.

Why Local Buyers Trust Hawthorne Auto for In-House Financing

If you live in the Greater Los Angeles area, you can trust Hawthorne Auto for reliable in-house vehicle financing.

We understand our community’s needs

Our bilingual staff speaks English and Spanish to provide culturally relevant and friendly service. We understand our community’s unique needs and have extensive experience helping customers from all over the local area, including Watts, Compton, South LA, and more.

Flexible financing, no judgment

Do you have low or no credit? At Hawthorne Auto Square, it’s no problem. Even if you’ve had a past vehicle repossession, we’ll still work with you to try and get you approved.

Service Areas: In-House Financing Available Across South LA

Hawthorne Auto Square proudly serves drivers across South LA, including:

Hawthorne
Compton
Watts
South Los Angeles
Lynwood
South Gate
Inglewood
Downey
Gardena
Westmont

Visit Hawthorne Auto Square Today

Whether you have a low income, bad credit, or no credit, don’t let it get in the way of your dreams of owning a vehicle. The in-house financing options at Hawthorne Auto Square make it easy for Los Angeles and Southern California residents to afford the car of their dreams. If you’re ready to learn more or want to get started, contact us today or stop by one of our many locations to check out our awesome inventory of high-quality used vehicles.

Frequently Asked Questions

Can I get a car loan with no proof of income?

No, unfortunately, we’ll need you to provide some form of proof of income when you apply for a used auto loan. This proof of income may be accepted in many forms, including proof of government benefits, bank statements, or pay stubs.

Does in-house financing require a credit check?

No! We don’t have to run a credit check to get you approved for in-house financing. Even if your credit score is non-existent or extremely low, we have several programs designed to help you get approved.

Do I have to pay on the same day every month?

Yes, your new auto loan will require you to make your payment on the same day every month. However, we’re flexible if you ever need to change that date, and we also accept easy online payments or payments over the phone for speedy processing.

What happens if I miss a payment or pay late?

If you can’t pay on time, let us know immediately. You may be charged a late fee if you miss a payment or pay your monthly payment late. Customers who miss multiple payments may face vehicle repossession.

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