Our network of dealers and partners have options for everyone. Whether you have good, bad, or no credit!
We help people in Rhode Island find auto financing through our nationwide network of bad credit car dealers. We work with dealerships in Rhode Island and across the country that can help car buyers with bad credit, no credit, credit issues like bankruptcy and repossession, and little or no money down.
We help Rhode Island car buyers find local special finance dealers that have the lending resources to help. Not every dealership has lenders who can work with challenging credit situations, so finding the right dealer is an important first step toward getting financed.
Start the process of finding a bad credit car dealer in Rhode Island by filling out our auto loan request form or selecting a city near you from our list below:
4 qualified dealers in Rhode Island
The dealerships in Rhode Island we work with have helped car buyers with no down payment or little money down in the past. However, most bad credit lenders require borrowers to have a down payment.
Typically, the down payment requirement for subprime lenders is $1,000 or 10 percent of the vehicle's selling price, whichever is less. Lenders want you to have a down payment because it shows you're committed to paying back the loan by putting your own money on the line. Not only can having a down payment help you get approved, it can save you money in the long run and reduce the risk of owing more on the loan than the car is worth.
If you want an auto loan with no money down in Rhode Island, you can work to improve your credit score before applying or you can trade in your old car if it's paid off or has equity. Car dealers are happy to let you apply your trade-in's value toward your down payment.
When you default on your car loan, the lender can take action and repossess the vehicle. Being visited by the repo man, can be a scary thought, but you can prevent repossession by reaching out to your lender. Discussing what you can do with them to prevent defaulting before it happens removes the stress and fear of having your car repossessed.
If your car does end up repossessed, note that the repo will be listed on your credit report for up to seven years. This can hit your credit score pretty hard, and makes getting financed difficult if you need a car. The good news is it's not impossible to find financing. You just need to know where to look. Start with Drivers Lane today to get connected to a local dealer in Rhode Island.
Drivers Lane is affiliated with bad credit car dealerships all across Rhode Island. These dealers specialize in helping buyers in challenging credit situations purchase new and used vehicles.
Our free and easy service takes the hassle out of finding dealerships in Rhode Island that know how to work through credit quirks to get you financed. These dealers work with lenders that have helped buyers with poor credit, no credit, complicated situations like bankruptcy or repossession, and little or no money down.
We want to set you up with a local bad credit car dealer in Rhode Island. Get back on the road and on the path to improving your credit. We'll work to match you with a dealer in your area once you fill out the secure auto loan request form on our website.
If you prefer, you can start your vehicle search by using our massive used car database. Explore local vehicles for sale on the lots of our affiliated dealers in Rhode Island to get an idea of what's available right now. You can narrow down your options by searching by make, model, price, and distance.