Taken directly from the Connecticut State Department of Motor Vehicles website: located here.

^* All down payments shown assume that the customer also meets the income requirements set by our lenders, has a CAPS score of 1, or meet Auto Loan's "D" approval guidelines, and is factored at Connecticut's 6.35% sales tax rate. If any variances, down payment sums may be greater.

• Your previous credit experiences


• The amount of money you intend on borrowing


• The year of the vehicle you want to purchase


• The length of the loan, (in months)


• The state the you live in

W2 Employee Receives a constant pay stub, showing all local, state and federal tax deductions.

Personal Check Receives a personal or business check that is hand written from the employer, with no tax deductions showing.

Cash Payments Does not receive a pay check, all income is in cash. (Examples: waitress/waiter, bar tender, landscaper, hair dresser.)

Temp Service Works through staffing or placement agency and is not a direct employee of the company they currently work at.

"Excellent" Means that the vehicle looks new, is in excellent mechanical condition and needs no reconditioning. The vehicle has never had any paint or body work and is free of rust. The vehicle has a clean title history and will pass a smog and safety inspection. The engine compartment is clean, with no fluid leaks and is free of any wear or visible defects. The vehicle also has complete and verifiable service records. (Less than 5% of all used vehicles fall into this category.)

"Good" Means that the vehicle is free of any major defects. This vehicle has a clean title history, the paint, body and interior have only minor (if any) blemishes, and there are no major mechanical problems. There should be little or no rust on this vehicle. The tires match and have substantial tread wear left. A "good" vehicle will need some reconditioning to be sold at retail. Most consumer owned vehicles fall into this category.

"Fair" Means that the vehicle has some mechanical or cosmetic defects and needs servicing but is still in reasonable running condition. This vehicle has a clean title history, the paint, body and/or interior need work performed by a professional. The tires may need to be replaced. There may be some repairable rust damage.

"Poor" Means that the vehicle has severe mechanical and/or cosmetic defects and is in poor running condition. The vehicle may have problems that cannot be readily fixed such as a damaged frame or a rusted-through body. A vehicle with a branded title (salvage, flood, etc.) or unsubstantiated mileage is considered "poor." A vehicle in poor condition may require an independent appraisal to determine its value. Kelley Blue Book does not attempt to report a value on a "poor" vehicle because the value of cars in this category varies greatly.

PLEASE BE HONSET WHEN APPRAISING YOUR CAR, SO THAT WE ARE ABLE TO BETTER PROCESS YOUR EZ FINANCING APPLICATION.

ALL TRADE-INS ARE SUBJECT TO INSPECTION AND/OR A TEST DRIVE BY OUR SERVICE DEPARTMENT BEFORE A FINAL TRADE IN VALUE IS OFFERED.

Employed (Gets W2) Works full or part time directly for an employer, receives pay stubs or income proofs showing FICA tax deductions.

Self-Employed (No W-2) Works for themselves, or as an independent contractor and is responsible to pay their own taxes.

Fixed Income Receives a steady stream of income without tax deductions. (Examples: Alimony, retirement, pension, disability, or social security recipient.)

Unemployed Receives unemployment benefits or a person receiving no income.