Auto Broker
Auction Vehicle Financing
Most banks and financial institutions will loan 80% of the Kelly Blue Book retail value on vehicles. For example if you purchase a vehicle that Kelly Blue Book lists the retail value at $20,000, the bank will loan $16,000 toward the purchase of your vehicle. If you purchase your vehicle at wholesale instead of retail, you probably will be able to finance the entire amount because the loan ratio to value will be less than 80% of the Kelly Blue Book value.
If you are seeking financing for your vehicle, it’s best to check with your financial institution. Verify you have the details to fulfill their requirements for vehicle financing. Your loan officer will be able to help you through this process.
Listed are national, local banks and financial institutions that will be happy to assist you toward the purchase of you new vehicle. Please feel free to contact the financial institution of your choice to answer your questions about financing.
- Wells Fargo ...................................... 866-661-2833
- J.P. Morgan Chase Bank ................... 877-226-5663
- Bank of America ............................... 800-243-7762
- Arizona Federal Credit Union ............. 800-523-4603
........................................................ 602-683-1730 - Desert Schools Federal Credit Union ... 800-456-9171
........................................................ 602-433-LOAN
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