Frequently Asked Questions
1. How can Aracar help me buy a car?
We provide financing so you do not need to pay the full price of the car immediately but can make monthly payments. We customize our offer so you can afford your payments. We work with you to understand your personal situation and make sure the car you are purchasing will have the proper documents and proper insurance.
2. Can I get a car loan if I was rejected by a bank?
Yes! We approve many more people than banks do because we customize your loan to your personal situation and the car you are purchasing. Our score is based on your risk for this particular car loan. We care about your willingness to pay and fit you to a loan that you can afford.
3. How long does it take to get approved for a car loan?
In less than 1 minute you will have your car loan approved with all the processes being 100% online with no bureaucracy.
4. What is the Aracar Credit Score?
The Aracar Credit Score is a simple to understand score for purchasing a car. It is based on several factors such as your ability to pay, your willingness to pay and your income volatility. We use your score to provide you with customized monthly payments for your vehicle purchase. With the Aracar Score we approve many more people than the banks are willing to approve for car purchases with installment payments.
5. Can I sell my car with Aracar?
Yes! We take care of the entire process of selling your car and can provide the buyer financing as well. You can even sell your car even if you have a car loan that has not been fully paid.
6. Can I get a car loan if I buy the car from another person?
Yes! We handle the whole process creating a seamless experience for you. We ensure the car is properly documented, has insurance and you can legally purchase the car.