Looking For A Car Loan In Key West FL During March 2020?
Getting the best deal on an auto loan in Key West FL can save you a significant amount of money over the life of your loan. That’s why you need a partner who knows how to get you approved for the vehicle that you want at the lowest interest rate possible and without hassle.
The AllCreditCarLoans network of lending partners provides quick and easy auto loan decisions for all credit situations. Our lender partners are making more loans, approving buyers with lower credit scores, offering lower monthly payments and making larger loans than ever before. There has never been a better time to get an auto loan than right now.
By working with AllCreditCarLoans, you can get preapproved for an auto loan before going to the dealership, so that you can negotiate as a cash buyer and get the best deal possible.
So, no matter what your credit situation, if you are looking for a quick, no-hassle car loan at the best rate, just click the button below to get the process started. Our one-page application form only takes a few minutes to complete.
We Can Get You Financed Despite Any Special Circumstances
You need a new car and we are here to help you get it!
Your chances of obtaining vehicle financing are very good. Via our network of dealer and lender partners, we have many options available to get you financed. Difficult circumstances are our specialty and we have seen nearly every situation possible.
We have helped…
Car buyers get their first car
Car buyers with a past repossession
Car buyers with a past bankruptcy
Car buyers who are paid in cash
Car buyers who are self-employed
Car buyers who receive social security benefits
Car buyers who are on disability
Car buyers who are retired
Car buyers with no money to put down
Car buyers with a trade-in vehicle
Apply today and let us start helping you get that new car that you need!
Watch Our Video On Getting A Car Loan In Key West FL
AllCreditCarLoans Follows A Simple 1-2-3 Auto Loan Application Process
No need to wait for hours at a dealership or submit reams of paperwork. No need to worry about your gathering together your credit history. With our streamlined application process, everything is as easy as 1-2-3.
- 1 - COMPLETE OUR ONLINE APPLICATION - This process only takes a few minutes. Our simple application is safe and secure, so you don’t have to worry about your information. There is no cost. Applying for your auto loan is totally FREE.
- 2 - RECEIVE YOUR CREDIT APPROVAL - Getting your loan approval is fast and easy. AllCreditCarLoans has an extensive lending network, so the approval process is fast and efficient. You don’t have to wait for days, weeks or months. Many applicants receive loan approval on the same day.
- 3 - CHOOSE YOUR VEHICLE - With our easy as 1-2-3 process, you can buy your vehicle on the same day that your loan is approved. Just visit your nearby auto dealership and negotiate like a cash buyer.
Your Auto Financing Options
Your credit history and where you are buying your car from will determine the kind of auto loan you need.
Whether you are buying a new or used car from a dealer; you need a program designed to help you get a vehicle loan despite credit challenges; or you are looking to refinance your existing loan - we can help.
We provide a variety of car financing options to suit your needs and credit situation:
- Key West FL New Car Loans
- Key West FL Used Car Loans
- Key West FL Auto Refinance Loans
- Key West FL Good and Fair Credit Car Loans
- Key West FL Bad, Poor and Horrible Credit Auto Loans
Our loan programs are tailored to your exact needs and budget and are designed to meet or exceed the features of national auto finance companies like Capital One Auto Finance, Carmax Used Cars, USAA Auto Loans, Chase Auto Loans, Wells Fargo Auto Loans, Bank of America Car Loans, Navy Federal Car Loans, AAA Auto Loans, Key Bank Auto Loans, PNC Car Loans, Bankrate Auto Loans, US Bank Auto Loans, TD Bank Car Loans and State Farm Auto Loans.
We've provided car loans for first-time buyers, car financing for college students and we are proud to have arranged military and veteran auto financing for service members and their spouses. We've even been able to help foreign nationals and others who do not qualify for a social security number to obtain an auto loan with their ITIN number.
We also specialize in sub-prime auto financing including financing a car after bankruptcy and helping borrowers to obtain a car loan after repossession.
If you are looking for a car title loan or the best place to refinance your car, we have programs that can help you as well.
AllCreditCarLoans works with the best buy here pay here car lots near you, bad credit auto dealers, second chance auto dealers and other car loan lenders to provide the best auto rates.
You are never alone in this process. Our reliable lender partners will guide you every step of the way -- from the time you begin processing your application, all the way to the day when you drive home your new car. Click the button below to let us get started helping you today!
Auto Finance Calculator For Key West FL
Use the AllCreditCarLoans auto loan calculator to help determine how much you can afford to spend when financing or refinancing a car. You can run multiple scenarios varying the "number of months" and "down payment" values in order to get the monthly payments you are looking for.
We recommend that your total car expenses be no more than 20% of your after-tax pay.
What To Know Before You Apply For A Car Loan
Auto Loan Interest Rates
The interest rate you’ll receive depends upon your credit history, your income, the length of the loan and the vehicle you choose.
Auto Loan Terms
While it is possible to find a lender who will finance a vehicle for up to 84 months, we don't recommend stretching out payments any longer than you need. It’s best to pay off a car loan as quickly as you can since cars depreciate rapidly. The longer the loan term, the more probable that at some point you will end up owing more on the loan than the car is worth. Being underwater or upside-down on a loan is a risky financial situation. The best interest rates are available for shorter loan terms. We recommend keeping your loan term to 3 years for used cars and up to 5 years for new cars.
Auto Loan Credit Score
Credit scores give lenders an idea of how you manage your finances. These scores are essential in helping you plan your finances well. Likewise, credit scores can be testaments of how well you make decisions, as well as how healthy your spending habits are. Credit scores can help determine whether you pay your bills on-time, if you use your credit cards wisely, and how well you manage your loans.
The higher your credit score, the lower the interest rate you will likely be asked to pay.
Therefore, if you have multiple loans that are unpaid; if your credit cards have been maxed out and several of your bills remain unpaid, you earn a low credit score. While it does not define the kind of person that you are, your score can indicate an unhealthy financial habit, which can make you appear "too risky" and turn away lenders.
A lot of lenders do not offer auto finance loans to applicants who have a low credit score because they do not want to encounter problems when collecting payments. Some lenders accept borrowers with low scores, but they often charge higher interest rates for the loans they make. This is because they want to lessen the risks that your low credit score represents.
But AllCreditCarLoans is different. We work with leading car finance lenders and auto dealers to help you find the best auto loan terms for your credit situation. Fill out our quick and easy one-page application to let us get you financed today.
Soft vs. Hard Credit Pull
Your auto lender may do a "soft" credit pull in order to pre-qualify you for a car loan. A "soft" credit pull doesn’t subtract from your credit score the same way a "hard" pull does, but it also doesn’t guarantee you’ll be approved for a loan or that you'll get the exact rate you’ve been quoted. A "hard" credit pull will be required before the loan terms are finalized.
If you are applying with multiple lenders in order to shop the best interest rates, it makes sense to complete all your loan applications within a short time-frame. The credit reporting agencies tend to count multiple hard inquiries made within a short period as only one inquiry.
It's a good idea to know your credit score before you apply for your loan. If you are unsure what your credit score is, you can always use this service to find your credit score.
If your credit score could use improvement, you can work with a credit repair vendor to improve your credit score.
Car Loan Restrictions
Some lenders only work within a specific network of auto dealerships. This could limit your choice of vehicles to a handful of auto makes, models and vehicle types.
Some lenders will only work with car dealers so you won't be able to use them to buy a car from a private seller.
Steps To Get An Auto Loan
Shopping for an auto has never been easier. Our streamlined process and vast network of lending partners make getting a car loan quick and easy.
1 - Budget For Your Auto Purchase
The first step in obtaining auto financing is to figure out how much you can afford to spend.
If you have a car to trade-in, you should determine its value so that you can factor that into your budget. A good resource for determining your auto's market value is Kelley Blue Book.
Next, you'll want to consider how much money you have to use for a down-payment. The more money you put down, the lower your monthly payment will be. If you need an auto loan with no down payment, don't worry. We can still help you.
Finally, use our vehicle finance calculator to estimate your monthly payment. You can vary the interest rate and loan term to see how that affects the potential monthly payment.
2 - Choose Whether You Want A New Or Used Vehicle
If you are looking to get the most value for your dollar, you will likely be better off financing a used car. For the best results, follow our used car recommendations.
If you've chosen to buy a new car, you will most likely be purchasing the vehicle from a car dealership. In order to get the best deal on new car financing, follow our new car recommendations.
3 - Apply For Your Loan
Click the button below and fill out our quick and easy application form to get started right away!
New Vehicle Loans
New auto loans are the most common type of vehicle financing. Beyond the traditional option of getting approved through a dealer, many consumers have found that they can save money and gain negotiating leverage by arranging their car financing in advance.
Most new dealerships are able to apply rebates and incentives to reduce the need for money down. If you have negative equity in a car that you're trading in, you may have to provide money down to cover the negative equity so that it's not carried over into your new loan. While buying a new auto with bad credit isn't so common, there are many manufacturers that offer lower-priced new vehicles with attractive financing incentives to make buying easier for people with lower credit scores.
Let us help you get preapproved for that loan you want and you will become a cash buyer. This saves you time at the dealership and gives you the power to negotiate your best deal on any vehicle you choose. Apply for a new car loan in Key West FL and see how much we can save you.
Used Vehicle Loans
A used vehicle loan is our most commonly requested loan. By letting us help pre-arrange your funding source, you know that you'll have the power to negotiate the best deal. Apply for a used auto loan and see what type of rate & term you can get from our participating lenders.
Buying a used auto will typically provide the best value. That's because the prior owners have already absorbed the biggest portion of the car's depreciation and you may have the option to buy directly from a private seller, thus saving dealer fees. We can help you with an auto loan to buy from a private seller.
If you choose to purchase a used auto, you can click here to view used cars near you in Key West FL.
Shopping For The Best Vehicle Loan Rates In Key West FL?
Whether you are looking for the best interest rate for a new or used car, or you want to refinance a vehicle loan, we can help.
With a lower interest rate, you'll save money and pay off your auto loan faster. The single most important thing you can do to save money on a vehicle loan is to shop for the best interest rate before you set foot in a dealership. By knowing what kind of rate you qualify for before you try to buy a car, you accomplish three things:
- You can focus your negotiations with the dealer on the vehicle price rather than on financing terms
- You won't end up getting a higher cost loan than you want
- You'll know what range of car payments you can qualify for
Use our car loan calculator to determine what range of payments you can expect. You can enter your balance, term, and interest rate to calculate what the payment will be. You can compare different scenarios to see how much more you can save by increasing your down payment.
Average Vehicle Payment Interest Rates You Can Expect
|Credit Score Range||Average APR for a New Car||Average APR for a Used Car|
|781 - 850||3.68%||4.34%|
|661 - 780||4.56%||5.97%|
|601 - 660||7.52%||10.34%|
|501 - 600||11.89%||16.14%|
|300 - 500||14.41%||19.98%|
Why Getting Preapproved For A Car Loan Is Important
Having a preapproved auto loan streamlines the buying process because you become a cash buyer and you can bypass the usual salesman's tactic of negotiating based on monthly payment. The problem with negotiating based on the monthly payment amount is that you can easily lose sight of the total cost and end up paying more in the long run.
While you are at one of your local dealerships, the finance manager may try to beat the interest rate of your preapproved loan. Before accepting the dealer's replacement loan, make sure that the interest rate is lower, all of the other terms are comparable, and the final total price is less. It's good to be cautious because there is always a risk that the finance manager could juggle the numbers in the dealership's favor and you could end up spending more money than you would with your preapproved car loan.
As you negotiate your best deal, be sure to leave enough money to cover the sales tax and any additional fees. This way your total "out the door" cost does not exceed the maximum amount of your preapproved auto loan.
How Does Getting Preapproved For A Car Loan Work?
Car dealers usually offer auto financing through their preferred lenders, typically at a higher loan rate than available elsewhere. Getting preapproved directly with one of our lending partners helps you to negotiate the best auto loan rate before you even get to the dealership so that you can save money in the long run.
When you start your car buying process at a dealership, the salesmen will focus on the monthly payment, which makes it easier to forget about the actual price of the car. But when you show up with a preapproved auto loan, negotiations can be based on the price of the car instead.
How To Get Pre-Qualified For An Auto Loan
When you’re applying with us, the application process is simple and quick. You should have the following information on-hand:
- Driver’s license and Social Security number
- Proof of income
- Employment verification
This information helps our lending partners to get a clear picture of your financial status, making it easier to secure the best auto loan rates for your credit situation.
About Key West FL
Key West (Spanish: Cayo Hueso) is an island and city in the Straits of Florida on the North American continent. The city lies at the southernmost end of U.S. Route 1, the longest north-south road in the United States. Key West is the southernmost city in the contiguous United States and the westernmost island connected by highway in the Florida Keys. The island is about 4 miles (6.4 km) long and 1 mile (1.6 km) wide, with a total land mass of 4.2 square miles (11 km). Duval Street, its main street, is 1.1 miles (1.8 km) in length in its 14-block-long crossing from the Gulf of Mexico to the Straits of Florida and the Atlantic Ocean. Key West is about 95 miles (153 km) north of Cuba at their closest points.
The island is about 4 miles (6.4 km) long and 1 mile (1.6 km) wide, with a total land area of 4.2 square miles (11 km).
The city boundaries include the island of Key West and several nearby islands, as well as the section of Stock Island north of U.S. Route 1, on the adjacent key to the east. The total land area of the city is 5.6 square miles (15 km). Sigsbee Park—originally known as Dredgers Key—and Fleming Key, both located to the north, and Sunset Key located to the west are all included in the city boundaries. Both Fleming Key and Sigsbee Park are part of Naval Air Station Key West and are inaccessible to the general public.
Key West is located at 24°33′33″N 81°47′03″W / 24.55917°N 81.78417°W / 24.55917; -81.78417. The maximum elevation above sea level is about 18 feet (5.5 m), a 1-acre (4,047 m) area known as Solares Hill.
In the late 1950s, many of the large salt ponds on the eastern side were filled in. The new section on the eastern side is called New Town, which contains shopping centers, retail malls, residential areas, schools, ball parks, and Key West International Airport.
Key West and most of the rest of the Keys are on the dividing line between the Atlantic Ocean and the Gulf of Mexico. The two bodies have different currents, with the calmer and warmer Gulf of Mexico being characterized by great clumps of seagrass. The area where the two bodies merge between Key West and Cuba is called the Straits of Florida. The warmest ocean waters anywhere on the United States mainland are found in the Florida Keys in winter, with sea surface temperatures averaging in the 75 to 77 °F range in December through February.
Duval Street, its main street, is 1.1 miles (1.8 km) in length in its 14-block-long crossing from the Gulf of Mexico to the Straits of Florida and the Atlantic Ocean.
Key West is closer to Havana (about 106 miles (171 km) by air or sea) than it is to Miami (130 miles (210 km) by air or 165 miles (266 km) by road). Key West is the usual endpoint for marathon swims from Cuba, including Diana Nyad’s 2013 record-setting swim as the first completed without a shark cage or fins and Susie Maroney’s 1997 swim from within a shark cage.
As of the census of 2000, there were 25,478 people, 11,016 households, and 5,463 families residing in Key West. The population density was 4,285.0 inhabitants per square mile (1,653.3/km²). There were 13,306 housing units at an average density of 2,237.9 per square mile (863.4/km²). The racial makeup of the city was 84.94% White, 9.28% African American, 0.39% Native American, 1.29% Asian, 0.05% Pacific Islander, 1.86% from other races, and 2.18% from two or more races. Hispanic or Latino persons of any race were 16.54% of the population.
There were 11,016 households, out of which 19.9% had children under the age of 18 living with them, 37.7% were married couples living together, 8.2% had a female householder with no husband present, and 50.4% were classified as non-families. Of all households, 31.4% were made up of individuals, and 8.1% had someone living alone who was 65 years of age or older. The average household size was 2.23 and the average family size was 2.84.
The population was spread out, with 16.0% under the age of 18, 8.4% from 18 to 24, 37.1% from 25 to 44, 26.7% from 45 to 64, and 11.7% who were 65 years of age or older. The median age was 39 years. For every 100 females, there were 122.3 males. For every 100 females age 18 and over, there were 126.0 males.
The median income for a household was $43,021, and the median income for those classified as families was $50,895. Males had a median income of $30,967 versus $25,407 for females. The per capita income for the city was $26,316. About 5.8% of families and 10.2% of the population were below the poverty line, including 11.5% of those under age 18 and 11.3% of those age 65 or over.
The ancestries most reported in 2000 were English (12.4%), German (12.2%), Irish (11.3%), Italian (6.8%), American (6.0%) and French (3.6%).
The number of families (as defined by the Census Bureau) declined dramatically in the last four decades of the 20th century. In 1960 there were 13,340 families in Key West, with 42.1% of households having children living in them. By 2000 the population had dwindled to 5,463 families, with only 19.9% of households having children living in them.
As of 2000, 76.66% spoke English as a first language, while Spanish was spoken by 17.32%, 1.06% spoke Italian, 1.02% spoke French, and German spoken as a mother tongue was at 0.94% of the population. In total, other languages spoken besides English made up 25.33% of residents.
Many of the residents of Key West were immigrants from the Bahamas, known as Conchs (pronounced “conks”‘), who arrived in increasing numbers after 1830. Many were sons and daughters of Loyalists who fled to the nearest Crown soil during the American Revolution. In the 20th century many residents of Key West started referring to themselves as Conchs, and the term is now generally applied to all residents of Key West. Some residents use the term “Conch” (or, alternatively, “Saltwater Conch”) to refer to a person born in Key West, while the term “Freshwater Conch” refers to a resident not born in Key West but who has lived in Key West for seven years or more. The true original meaning of Conch applies only to someone with European ancestry who immigrated from the Bahamas, however. It is said that when a baby was born, the family would put a conch shell on a pole in front of their home.
Many of the black Bahamian immigrants who arrived later lived in Bahama Village, an area of Old Town next to the Truman Annex.
Key West is closer to Havana (106 miles or 171 kilometres) than it is to Miami (130 mi, 210 km). In 1890, Key West had a population of nearly 18,800 and was the biggest and richest city in Florida. Half the residents were said to be of Cuban origin, and Key West regularly had Cuban mayors, including the son of Carlos Manuel de Céspedes, father of the Cuban Republic, who was elected mayor in 1876. Cubans were actively involved in reportedly 200 factories in town, producing 100 million cigars annually. José Martí made several visits to seek recruits for Cuban independence starting in 1891 and founded the Cuban Revolutionary Party during his visits to Key West.
Key West was flooded with refugees during the Mariel Boatlift. Refugees continue to come ashore and, on at least one occasion, most notably in April 2003, flew hijacked Cuban Airlines planes into the city’s airport.
Zip Code Map
33040, 33041, 33045
Key West Florida neighborhoods include: Angela/Windsor, Bahama Village, Bay Point, Big Coppitt Key, Duval St, Ft Zachery, Historic Seaport, Island and Hook, Margaret, Mid Town, New Town, Old Key West, Olivia – Frances, Riviera, Sea Side, Shipyard, Truman Annex, Sigsbee, Stock Island, The Meadows, United and White St, Upper Duval
For more information, see Key West Florida wiki