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Find the Best Car Loans in Fort Myers, FL

Whether you’re buying a new or used vehicle, most people don’t have enough saved to make the purchase. You need a car loan, but credit, employment and income can impact your eligibility and financing. We researched the best car loans in Fort Myers to help you save money and find the best rates.

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    Compare Top Mortgage Lenders

    #1 OUR FAVORITE
    LightStream
    • Funds deposited directly to your account
    • Loans from $5,000 - $100,000
    • Visit website for customer service
    • Available in Fort Myers

    Loans for practically anything!

    Location
    Services available in
    Fort Myers, FL
    No phone available
    Read More
    #2
    Auto Approve
    • Individual loan consultants
    • Online loan calculator
    • Apply online
    • Available in Fort Myers
    Location
    Services available in
    Fort Myers, FL
    (844) 946-7334
    Read More
    #3
    LendingTree
    Overall satisfaction rating
    • Read lender reviews from other consumers
    • Compare rates from multiple lenders
    • Available in Fort Myers
    • Compare prices & coverage

    This online broker allows consumers and businesses to request and compare customized loan offers from a network of more than 350 lenders, banks and credit partners. The company's lender network offers a wide range of financial products including mortgages.

    Location
    Services available in
    Fort Myers, FL
    (800) 555-8733
    Read More
    #4
    myAutoloan.com
    • Online payment available
    • Find your perfect lender
    • Available in Fort Myers
    • Interest rate calculator online
    Location
    Services available in
    Fort Myers, FL
    (214) 540-3350
    Read More
    #5
    Capital One
    • Check your loan status online
    • Available in Fort Myers
    • Over 12,000 eligible dealers
    • Auto loan calculators available
    Location
    Services available in
    Fort Myers, FL
    (800) 689-1789
    Read More
    Suncoast Credit Union
    • M-Th: 8:30am - 5pm
    • F: 8:30am - 6pm
    • Closed Sat and Sun
    • suncoastcreditunion.com
    Location
    4491 Underwood Dr.
    Fort Myers, FL 33905
    (800) 999 - 5887
    Regions Bank
    • M-F: 9am - 5pm
    • Closed Sat and Sun
    • regions.com
    Location
    5212 Summerlin Commons Blvd.
    Fort Myers, FL 33907
    (800) 734 - 4667
    Capital Bank
    • M-Th: 9am - 4pm
    • F: 9am - 6pm
    • Sat: 9am - 1pm
    • Closed Sun
    Location
    12205 Metro Pkwy.
    Fort Myers, FL 33966
    (239) 768 - 7100
    SunTrust
    • M-Th: 9am - 4pm
    • F: 9am - 6pm
    • Closed Sat and Sun
    • suntrust.com
    Location
    11340 Summerlin Square Dr.
    Fort Myers Beach, FL 33931
    (239) 895 - 0820
    BB&T
    • M-Th: 9am - 5pm
    • F: 9am - 6pm
    • Sat: 9am - 12pm
    • Closed Sun
    Location
    8930 Colonial Center Dr.
    Fort Myers, FL 33905
    (239) 936 - 1662
    Achieva Credit Union
    • M-Th: 9am - 4pm
    • F: 9am - 6pm
    • Closed Sat and Sun
    • achievacu.com
    Location
    4379 Colonial Blvd.
    Fort Myers, FL 33966
    (239) 728 - 2265
    Lake Michigan Credit Union
    • M-Th: 9am - 5:30pm
    • F: 9am - 6pm
    • Sat: 9am - 1pm
    • Closed Sun
    Location
    17830 Ben Hill Griffin Pkwy.
    Fort Myers, FL 33913
    (239) 908 - 5901

    How to get an auto loan in Fort Myers

    skyline

    You don’t need to go to a dealership to get a car loan in Fort Myers. Although dealerships do offer car financing options, you can turn to online lenders, banks and credit unions to be pre-approved for your auto loan.

    If possible, seek pre-approval, which allows you to get approved for financing before you buy a vehicle. As a result, you can conclusively know your budget for a new car. You might even receive a lower interest rate and be able to afford more than you think. Finally, you can use it as a bargaining chip to negotiate a more affordable vehicle price.

    Applying for an auto loan in Fort Myers

    Wherever you choose to go for your auto loan, you need to qualify first. After you apply for financing, the lender will decide whether or not you are eligible. Your eligibility and financing options vary depending on your lender.

    Typically, a lender will look at all of the following:

    • Income
    • Employment history
    • Credit history
    • Current debts
    • Active bankruptcies

    If you’re approved, your lender will set an APR for your auto loan based on the above factors. APR refers to the annual percentage rate and includes interest and other charges. Generally, the APR ranges from 3 percent to 10 percent.

    You can also adjust your auto loan term. There are terms as short as 12 months and as lengthy as 84 months. Although repayment schedules differ, most opt for 36 - 60 monthly payments. Longer loan terms result in lower monthly payments, but a higher overall cost for the loan.

    There are other expenses to consider outside of your auto loan, such as a down payment. Do your research before you commit to a loan.

    Getting an auto loan with bad credit in Fort Myers

    Many people have concerns about qualifying for a loan, especially those with bad credit. However, getting an auto loan in Fort Myers with bad credit is still possible.

    Some lenders require higher credit scores to qualify, but others work with lower credit scores (under 650). However, borrowers with low credit scores tend to have higher APRs.

    There are still ways to get reasonable rates on auto loans with bad credit:

    • Shop around. It takes time to find the best deal, especially with bad credit.
    • Consider waiting. You can improve your credit before financing. A higher credit score means better rates.
    • Plan to refinance. You could receive your loan now and refinance when your credit improves.
    • Consider making a more substantial down payment. This will both decrease the overall amount of your loan and potentially lower your APR.

    Car Loans Reviews

    LightStream

    If you have good credit, consider working with LightStream, an online division of SunTrust Bank. One of the highlights of this company is its flexibility. With a loan from LightStream, you get no restriction on the make or model of your vehicle. Customers comment on the flexibility of their loan.

    LightStream

    Auto Approve

    If you are refinancing, Auto Approve is a great option. The company can help you obtain a lower interest rate for your vehicle, as well as a lower monthly payment. Although they don’t do conventional financing, refinancing can make a big difference in your monthly payment. Customers comment on the excellent service they receive.

    Auto Approve

    LendingTree

    LendingTree isn't a lender, but rather a loan marketplace. This company makes it easy for you to shop around for car loans in Fort Myers. As a result, you can get more affordable rates. Local customers claim that the ease of comparing loans makes this company a smart option.

    LendingTree

    myAutoloan.com

    myAutoloan.com works better for individuals who have average credit scores and are serious about buying a vehicle. This company collects loan offers from multiple lenders. Once you have the offers, compare rates and choose the best option. Customers comment on the speed at which they received offers.

    myAutoloan.com

    Capital One

    With this bank, you can pre-qualify for a vehicle loan. Pre-qualifying won’t impact your credit score when you apply, which is beneficial if you’re shopping around for rates. Most customers enjoy the attentiveness and professionalism of the staff members.

    Capital One