GAP (Guaranteed Asset Protection) insurance is a type of coverage that covers the difference between the remaining balance on your auto loan and the current market value of your vehicle in the event of a total loss, such as in an accident or theft. When financing a car with no down payment, you immediately find yourself in a situation where the loan amount might exceed the car's value. This happens because new cars depreciate quickly in the first few years of ownership. For example, if your car was purchased for $30,000 and after a year its market value is $25,000, but you still owe the bank $28,000, in case of a total loss, the insurance company would only pay the market value, which is $25,000. In this scenario, you would still owe the bank the difference—$3,000. GAP insurance covers this "gap," ensuring that the remaining balance on the loan is paid off so you don’t have to cover it out of pocket. This is particularly important when there's no down payment because, in such cases, the "gap" between the loan balance and the car's market value is usually larger. In this way, GAP insurance helps protect you from financial loss in the event of unforeseen circumstances and provides peace of mind, ensuring that you won’t be left with debt even if the car is a total loss.

After the car is sold, the broker continues to provide comprehensive support. This includes advice on how to operate the car, help with maintenance and repairs, as well as assistance in case of insurance claims, opening a bank account, making service appointments, and much more. You can be sure that you will receive comprehensive support and assistance with any issues related to your car.

We handle all situations, whether it's a lack of documents, a bad credit history, or no credit history at all. We accompany you at every stage, helping you get a car on the best terms and providing support after the purchase.

The broker analyzes your credit history and submits documents to only one bank, offering you the best terms. Unlike dealers who may send requests to many banks, the broker works only with those who offer the best rates, making the loan acquisition process more efficient and beneficial for you.

A car broker is interested in long-term work with you and offers support even after the sale. They help you get the best loan terms by working directly with manufacturers' banks. A special customer support department will help you with any questions related to car operation, guaranteeing loyalty and professional assistance at every stage of buying and using a car.

A car broker is an independent company that works with many dealers and manufacturers. Unlike an official dealer that sells cars of only one brand, a broker can offer you a variety of models from different manufacturers.

A car broker has several key advantages. Firstly, it offers a choice of many brands and models, giving you a wide range of options. The broker receives a fixed fee and is not interested in inflating the car price, which helps you save money. The broker will only offer necessary additional services and knows how to properly prepare and submit documents to the bank for the best terms.

We help not only with car purchase but also with maintenance. We answer questions about insurance cases, opening bank accounts, making service appointments, and more. You can be sure that you will receive comprehensive support.

It's important not to take the first offered loan. We analyze your situation and find banks with the best terms. We can also help refinance your current car loan to lower the interest rate.

If you have a credit history and have already owned a car, we can offer you favorable terms without a down payment. To do this, you need to have a good credit history and residency documents, such as a green card or passport.

Yes, if you have Social Security and a work permit, you can lease a car on favorable terms. You will need the latest bank statements and, preferably, stable income deposits.

We work with various banks and can help you get a car even with a bad credit history. If you have no credit history, we will help you build it. Temporary car rental can be a beneficial solution until you obtain the necessary documents and improve your credit history.

To get a car, you will need a passport or green card. If this is not your first car, the process will be simpler. If you do not have documents, we offer loan options without Social Security.

We receive 100 calls and conduct 50-70 consultations a day to help you understand your situation and offer the best conditions. Our goal is to help you, not just sell a car. We analyze your situation and offer the best options. If we see that the deal is not beneficial for you, we will refuse to avoid putting you in a difficult financial situation.

We offer refinancing services. We analyze your contract and credit history, find a bank with a lower interest rate, help you gather documents and submit them for a new loan.

If you have a bad credit history, we can help you restore it to a level of 620 and above, which is already qualified as a good credit score. In some cases, despite a bad history, we can still find a bank that will approve the loan, although the terms will not be ideal. We will try to minimize the down payment and interest rate.

Car brokers help you buy a new car easier, faster, and cheaper. You sign all documents directly with the dealer and the bank, and brokers only help and accompany you at all stages of the transaction. They also provide support after the sale, helping with registration, maintenance, and other issues.

Proper use of credit cards is very important as the difference in credit score can significantly affect the cost of leasing or loan. For example, a difference of 60 points in credit score can lead to a difference in monthly payments of $150-200.

The choice between a loan and a lease depends on many factors. If your annual mileage is about 10-12 thousand miles, take a lease. If you take a car for work, such as Uber or deliveries, and your mileage exceeds this figure, it is better to choose a loan.

With leasing, your monthly payment is always $100-150 less compared to a loan. For three years, you drive a new car and then can take another one. With a loan, you pay more and after six years sell the car for less than you bought it. Thus, in both cases, you spend about the same amount, but with leasing, you have a new car every three years.

This is a myth. Formally, with leasing and loans, the car is registered to you, but the owner is the bank. If you do not pay, the bank takes the car. With leasing, you have flexibility: at the end of the term, you can either buy the car or return it and take a new one.

After receiving Social Security, you have three options. The first is to take a car loan on the same terms: 30% down payment and 16% per annum. The second is to start building your credit history by opening one or two credit cards and waiting 3-4 months for your credit score to be reflected. The third is to use the credit boost service, and in a month and a half, we will build you a credit history with a score of 740-770, after which you can take a car on lease or loan on more favorable terms.

You have two options. The first is to take a car loan at 16% per annum with a down payment of about 30%. This is expensive, but if you want to have your own car, this is the only way out. The second option is to rent a car and use it until you get Social Security.

Work on recovery: pay off credit cards, monitor credit utilization, close unnecessary accounts and remove them from your credit history. Contact specialists for analysis and improvement of your situation.

Hard inquiries are requests from a bank to a credit bureau to check your credit history when applying for a loan, credit card, or mortgage. The fewer such requests, the better for your credit score.

The choice depends on your annual mileage and car usage goals. For 10-12 thousand miles a year, leasing is better, for high mileage work use, choose a loan.

Make the minimum payment or pay off the balance completely on the payment date to avoid interest. On the statement date, the balance should be zero to improve the credit score. Use the credit card 100% after the statement date so the bank sees active use and raises the credit limit.

You have two options: take a car loan at 16% per annum with a down payment of about 30% or rent a car until you get Social Security. After getting Social Security, you can improve loan terms.

Excellent credit score is 740 and above, good is 660-740, average is 600-660. Anything below 600 requires improvement.

Start with credit cards, including secured credit cards, and use them correctly. Keep credit utilization below 3%, do not miss payments and avoid multiple credit inquiries.

A credit score is a three-digit number that reflects the level of risk for a bank when issuing you a loan. Credit history is a record of your payments on credit cards, car loans, mortgages, and other financial obligations.