Mike Carson here with some thoughts regarding car dealer financing...
I don't know too many auto dealers that don't offer some sort of financing. Most go through banks, credit unions, and finance companies. That is IF you qualify. (IF is the biggest word in the English language!) If you don't qualify for 'conventional' financing, many dealers don't have a way to help you.
Carson Cars will help you get an auto loan. Regardless of your credit situation, we have a plan custom fit for you. Carson's has 40 years worth of bank, credit union and finance company relationship. Carson Cars also offers "in-house financing". We are the bank.
Some dealerships will finance on a car they sell you, but never report your good credit history. At best you may be able to buy another 'beater' car from them in the future. That's great if you only plan on buying at "Joe's used cars" forever, but it doesn't help you get into a better situation.
At Carson Cars we report our finance accounts to two of the largest Credit Bureau reporting agencies, Equifax and TransUnion. (They show the same as any other trade line from a bank or lender) The payments that you make to us will report to your credit bureau. This is by far the easiest and fastest way to rebuild a poor credit report. In my experience, just getting an auto loan trade line on your credit report will raise your credit score about 20-40 points. Pay that loan to under 1/2 the original loan amount? Add another 20-40 points. Pay it in full? Another 20-40 points. I have seen people increase their credit score by over 100 points in under 6 months just by financing a car with us!
Carson Cars offers several recurring payment programs. We can help ensure on time payments using your credit/debit card on file or we can help set up an monthly ACH payment. Whatever it takes, we want to help you make your payments and get the credit you deserve!
If you or someone you know needs help with securing an auto loan, please call me direct. I love to help!
Mike Carson - President
Carson Cars Lynnwood, WA
Mike@CarsonCars.net
425-697-6969 work
206-769-3848 cell
Mike Carson here... I have helped thousands of people with 'challenged credit' get a car loan. In fact, most of our business at Carson Cars is with people that have 'less than perfect credit'. (I always loved that line...)
 There are LOTS of good people that have credit issues. A lot have maintained good credit up to a point, only to have a one time, major hiccup, ruin their credit. (can anyone say Fannie Mae?)
At Carson Cars we offer several solutions to getting a good car with the right auto financing. Over the next week(S) I will review each of our finance/credit repair programs in depth.
Please let me know if you or someone you know, needs a little help with financing. I would love to help!
Thanks & we'll talk soon!
Carson Cars - President
425-697-6969 work
206-769-3848 cell
During the holiday season, sometimes the most important things can get overlooked. With the rush to get all the shopping done, find that perfect gift, an unforgiving timeline of friends, family and functions SOMETIMES we forget...
We all live in the best country in the world... at the best time to be alive (ever!).... we have daily miracles in our lives in technology, medical breakthroughs, and have unprecedented access to almost unlimited knowledge and information...
Believe me. We are too blessed to be stressed.
Having my son, Max D, in my life has reopened my eyes in many ways. The love of family and friends is the best gift we could all hope for. All the rest of the stuff is just that...stuff. Really doesn't mean that much in the end (or even next year!)
I hope that everyone can step back and re-focus what is really important the Christmas. Share yourself with your friends and co-workers. Open yourself up to your family and neighbors. Think about what Christmas is REALLY about... giving more from yourself than you expect to get in return.
Merry Christmas! and have a prosperous New Year!!
Love Mike Carson everyone at Carson Cars.
I'm glad to say that Carson Cars has averaged over 100 sales for the last 3 months running! It's been awhile since that has happened, as business was off as much as 30%! I hope this is a trend that continues through the winter months (typically our slower time for auto sales).
I'm optimistic from a lot of things I'm seeing... People are coming in with bigger down payment & seem to be freeing up their purse-strings a little.
Our lenders & banks have definitely loosened back up again. They are making auto loans "like the old days" and we are able to help more people get the right loan for them. Our "In-House financing for Out-House Credit" finance program is also in full swing. WE approve the loans, since WE own the finance company! Carson Cars won't let someone leave without giving them a way to get a new car!
I'm also seeing a lot more vehicles being traded in at the dealership. I think this is due to several reasons including fear of selling on their own (Craig's List murders), value of their time, and the fact that trade allowances are WAY UP! Used cars are getting harder to get, now that the new car market has shrunk almost 30%. Those used car trades are becoming the best part of the car deal...we love trades at Carson Cars!
I think another reason for the increase in business is the fact that there are just a lot fewer dealerships around! I know a lot of dealers that just got out of the business when things got tough. This is a good thing for customers because the dealerships that have survived are the "good ones" and will help stabilize the market by offering a higher level of customer service.
I know times are still tough, but I'm glad that our business & our customer base seems to be getting back to pre-recession levels...
Tracy and I are headed to Spokane for the biggest auto auction of the year (yes, Spokane! ). DAA auction is having their annual Rock n Roll sale, this year featuring Joan Jet. Its always a good time anytime you get a couple thousand car guys together for a party... WATCH OUT SPOKANE! I am excited to get some adult time with Tracy...Max is staying with some friends. We are staying at the Red Lion which is always nice. DAA spends close to $500,000 every year on this party & show. As you can imagine, they draw dealers and vehicles from all over the country. There will be over 6000 vehicles offered up! This sale offers some of the nicest vehicles, and we always bring home a truckload or two. Carson Cars has been rocking (sold 104 last month), so it will be great to get that much more inventory! I am previewing hundreds of cars every day...its what i do. If you are looking for that special vehicle, please call me for help. I am happy to locate the exact car or truck you want. Thanks, and ROCK ON!!!
At Carson Cars, we help with financing on almost every vehicle we sell. From very good credit to no credit to bad credit, we have finance options for EVERYONE!
 Good credit customers can recieve interest rates as low as 4.9% APR! We are a CUDL dealer. CUDL is short for Credit Union Direct Lender. That just means that we have over 40 Credit Unions online, competing for your business. We can really offer some sweet deals! :)
No credit & first time buyers can also benefit from our banking relationships. We have several finance programs specifically for those just starting out in the credit world.
BUT OUR MAIN FOCUS AT CARSON CARS IS TO HELP THE "CREDIT CHALLENGED"
We know that there are LOTS of reasons that people have credit problems. Your credit is not always a reflection of who you are, or what kind of person you are. Loss of employment, medical emergencies, divorce, or just plain dumb decisions can all contribute to a "less than perfect" credit score.
At Carson Cars, we don't hold your credit past against you. We have a finance option for EVERYONE and GUARANTEED 100% auto credit approval. Everybody gets a second chance at Carson Cars.
Now with that said... Sometimes you have to "crawl before you can walk". A down payment of $500.00 is probably not going to get a credit challenged customer into a $10,000.00 vehicle. BUT, $500.00 down WILL get you into your choice of any number of QUALITY, SAFETY CHECKED, and ATTRACTIVE vehicles that we have for around $3995. A good rule of thumb is about 25% down payment is required. (but not always!) Your job, rental history, and additional security can be just as important as a downpayment. (but cash always talks loud:) )
With Carson Cars in-house finance program you are on the road to rebuilding your credit problems. We report to the credit bureaus for you (just like the bank!), and THAT is the quickest and easiest way to improve you credit. Credit is kind of like "What have you done for me lately?" Sometimes the most recent credit actions (good or bad) are the most important. We see ALOT of people who have YEARS of great credit, but then due to a one time problem, their credit becomes "un-financable". We don't think that is fair!
Once you have a good, paid auto loan on your credit, you have SO MANY MORE OPTIONS! Not just with buying another car from Carson Cars, but with EVERYONE! Credit cards, rental applications, auto loans, home loans, etc... They all look at the most recent credit history as they most important.
At Carson Cars, we make it easy to start the process. Simply go to http://www.carsoncars.net/ and click on the finance tab. Complete the application, and a team member will contact you. We REALLY do have 100% finance approval track record. WE GIVE YOU OPTIONS!
So, no matter where your credit currently is, Carson Cars has a program to fit YOU!
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