Frequently Asked Questions

Below are some answers to commonly asked questions about Hometown Auto, and the financing services we offer.

Printed paystubs showing deductions, unemployment, fixed income such as SSI, SSD and workers comp.
Most people do need some cash down. That is how the bank gets comfortable with loaning you the rest of the money you need to purchase the vehicle you want.
The amount of your down payment is determined by the bank giving you the loan. It’s different for every customer, and depends on several factors, such as credit history, length of employment, and the kind of vehicle you wish to drive. Here at Hometown Auto will work with you to find the right vehicle, at the right down payment, and the right monthly payment for YOU!
Always! All of our vehicles come with a 90 day/4500-mile Powertrain warranty free of charge. In many cases we can offer an additional warranty.
That’s fine, as long as you can prove your income with bank statements showing deposits, or canceled checks that you received.
No problem. We take trades, whether they are running or not. We will appraise the trade value of your vehicle and apply that towards your down payment. Often, we have customers whose trade in is worth enough that they don’t need any additional cash to get the vehicle they want.
Yes! Even if your repo was yesterday, we will get you approved for a loan.
Yes! Even if your bankruptcy was discharged yesterday, we will get you approved for a loan.
Yes! There is a form for us to fill out called a “Permission to incur debt”. After it’s filled out, you need to get your attorney to have it signed by the Trustee. The Trustee will sign it in most cases, and you will be good to go.
Yes! As long as you have verifiable income, we will get you approved for a loan.
The minimum is $600 per month, before taxes are taken out.
That will depend on several different factors, such as what vehicle you want, how much your down payment is, the length of the loan, the interest rate, etc. We will work with you, so that you can get the monthly payment that best fits your budget.
As long as you can prove you make over $600 per month, you will not need a co-signer. However, in some cases, having one may reduce the down payment required by the bank, and the monthly payment may be lower.
No. However, if you have one, you can have the payments automatically withdrawn on a weekly, bi-weekly, or monthly schedule.  This can help you establish good credit easier.
Yes! The finance companies we get you approved with report to all 3 credit bureaus every 30 days.

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