Our network of dealers and partners have options for everyone. Whether you have good, bad, or no credit!
When you need a car loan, but bad credit is starring you down, don't panic, people of New York. Go with a trusted leader that's been helping people with bad credit for nearly 15 years. Here at Drivers Lane, we work with a nationwide network of special finance dealers and we can help you find auto financing in or near New York. Just fill out our free auto loan request form online to get started now!
People of New York, are you ready to upgrade your car? Trading in your vehicle can be a great way to save money on a down payment if there's equity in it. Don't worry if you're upside down, though, you can still trade in a car as long as you make up the difference between the vehicle's value and what you owe on your loan.
One of the best things about trading in a vehicle is that it can allow you to lower the amount you have to borrow, which saves you money in interest charges down the road. It can also allow you to shorten the time your new vehicle will spend underwater.
If your vehicle has negative equity and you don't have the cash to pay out of pocket, you may have to wait a bit longer to trade in your car. However, in some situations, a lender might let you roll that negative equity into your new loan. This situation isn't available for everybody, and usually is only offered to people with good credit. You need to be careful about rolling over negative equity into a new loan. This will increase the amount of your new loan, leave you upside down for longer, and cost you more in interest charges.
If you know you're in need of a special finance dealer, and you have a trade-in, Drivers Lane wants to help. We know just what dealers in and around New York have the right lenders to help people who are struggling with credit issues. Let us point you toward a dealer. Just fill out our no-obligation, quick, and easy auto loan request form to get started now!