Car City of Danbury - EZ Financing Terms & Requirements
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EZ Financing Terms & Requirements Last Updated: 08/23/10
Financing at Car City is simple, regardless of your credit score, previous credit mishaps, or lack of a credit history. If you are currently employed, at least 18 years old, and have a down payment your credit worries are over. WE CAN GET YOU APPROVED!

Our sales and financing teams are highly experienced in working with customers of various credit backgrounds, and we have several auto lenders that are willing to work with each of our customers to find the deal that is specially tailored to your needs.

100% Approved! All the dealers say it, but we PROVE IT, time and time again.
Our focus is to help you make the deal, not to find a way to turn it down.

Regardless of credit history, previous repossessions, bankruptcies, or divorce,
We can help!

Here's how it works:
Bad Credit / No Credit Good Credit Required Documents Information Sources
Lien Holder / Finance Companies
Lease and Retail Management
D.B.A. Auto Loan
45 Haverhill Street
Andover, MA 01810
(800) 737-9780 		Car City of Danbury LLC
6 North Street
Danbury, CT 06810
(203) 730-9296 		Members Credit Union
56 West Broad St
Stamford, CT 06902
(203) 975-3866
Citifinancial Auto
POB 3050
Coraopolis, PA 15108
(800) 486-1750 		United Consumer Financial
150 W Grove St
Middleboro, MA 02346
(508) 923-0289 		Credit Acceptance Corp
25505 W. Twelve Mile Rd
Southfield, MI 48034
(800) 729-7633
Credit Bureau's
Equifax
P.O. Box 740241
Atlanta, GA 30374
(800) 685-1111 		Experian
P.O. Box 2002
Allen, TX 75013
(888) 397-3742 		TransUnion
P.O. Box 1000
Chester, PA 19022
(800) 888-4213
Bad Credit / No Credit Good Credit Required Documents Information Sources
Below are the documents that are required in order for us to secure our customers financing. Each bank / finance company has different requirements, which is why we made a key to help customers better understand what is required.
= Good Credit     = Bad Credit     = Buy Here / Pay Here
  Social Security Number
  Tax Identification Number
Valid driver's license Issued from the state you live
    Proof of Address Cell phone or "Land line" phone bill
Insurance card & insurance binder Full coverage, $500 deductible
    Valid bank account Checking or Savings
  Proof of income Paystubs / bank statements / "Award Letters"
Signed credit application
  Personal references
  A down payment
Bad Credit / No Credit Good Credit Required Documents Information Sources
Having good, well established credit speaks for itself, and our lenders are willing to reward you to gain you business. Current A.P.R. rates are between 5.50% and 19.0%, approvals take only minutes, and in most cases "on the spot" delivery of the vehicle is available.

Please view our "Required Documents" section with items labeled to see exactly what documents are required.

Vehicle Year Vehicle Mileage Loan Length
2008 - 2003 Under 70,000 48 Months
2008 - 2003 70,001 - 99,999 60 Months
2008 - 2003 Over 99,999       NA
      2002 Under 99,999 60 Months
      2002 Over 99,999 36 Months
1999 & Under         NA
Bad Credit / No Credit Good Credit Required Documents Information Sources
Having bad or no credit is not an issue to us, or to our lenders. Regardless of the reasons, if you are willing to put forth an effort to make a change, we are willing to grant you the opportunity. Our dealership was built on, and specializes in "less than good" vehicle loans, and Car City is the #1 volume used car dealer in Fairfield county for "less than good" vehicle loans.

If you are currently 21 years of age or older, employed full time with provable income, have a valid driver's license, a bank account, have no open auto loans, and a down payment of at least $1,200 you are able to get financed.

Please view our "Required Documents" section with items labeled to see exactly what documents are required.

Vehicle Year Loan Length
2005 - 2009 48 Months
      2004 42 Months
      2003 36 Months
2002 - 2001 30 Months
      2000 24 Months
1999 & Under* 24 Months

* Buy Here/Pay Here Only
What is "Dealer Conveyance"?
A "Dealer Conveyance" fee is a processing / preparation / service fee charged by most dealers to help pay for administrative, paperwork, document, and other various costs.
What will you do with my email address?
Car City of Danbury respects all of our (potential) customer's privacy, because of that we will never sell, trade, or disclose email addresses, or private sensitive information submitted on our site.
The Fine Print
All advertised prices exclude any finance fees our lenders may charge, any dealer document charges, any government fees and taxes, and any registration/ emissions testing and/ or Department of Motor Vehicle charges.

All vehicles are subject to prior sale. Please contact us to confirm vehicles availability.

While every reasonable effort is made to ensure the accuracy of these data, we are not responsible for any errors or omissions contained on these pages. Please verify any information in question with a dealership sales representative.

Not responsible for any typographical errors or misprints.

Why do you want to know who referred me?
We ask this question on all of our 'contact forms' because we spend a large amount of money each month on different sources of advertising.

If were are able to better determine which forms of advertising work best we can eliminate areas that don't work well, which will save us money which we in turn pass on to our valued customers.

How much do I need down?
This is the number one question that we receive, unfortunately there is no set answer to this question. Down payment requirements are based upon many factors, the number one being your credit.

A person with fair to good credit, (600+ credit score, previous vehicle financing/ leasing, no repossessions, and a credit history of more than 3 years) can qualify for $0.00 down payments, while a person with bad credit or no credit will have to have a down payment of 20% of the vehicles book value, (or $1,500 whichever is higher), regardless of the vehicles asking price.

What A.P.R. will I get?
The interest rate that you will have varies, based upon several factors:
Your previous credit history
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

The minimum rate our lenders currently offer on a used vehicle purchase in both Connecticut and New York is 5.0%, and the maximum rate allowed by state law is 19.0%. For comparison purposes, use several different rates.

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