My Car Lender

Home / Finance / Ohio Auto Finance / Cincinnati (OH) Auto Loans


Have you been considering a new or pre-owned vehicle in Cincinnati, and want to finance it? It would be ideal if this was easy, but it’s really not. Lenders ask a lot of questions before deciding to provide you a car loan. Instead of wasting time at the car lot or lender, you can apply for financing today online. This is especially helpful for people who’ve got below-average credit, as a range of dealers and creditors will consider financing you, a number of of which specialize in subprime lending.

Auto Finance Rates in Cincinnati

These rates are not anything but estimations to give you a feeling for what annual percentage rate can be expected given where you live and your credit score. The rate you’re offered may deviate appreciably from what’s displayed here.

Credit Rating New Car Used Car
Excellent 3.2% 3.7%
Good 4.5% 5.2%
Average 6.3% 7.1%
Subprime 8.2% 9.3%
Bad 12.4% 14.8%
Very Bad 13.4% 16.4%

It’s recommended that you know your credit score before you ever seek financing approval. Many banks actually utilize an auto finance-specific credit score that’s not available to buyers, but it’s free and easy to check your tri-bureau score.

Used Auto Loans in Cincinnati

New cars have the least expensive rates of interest. Regardless, financing a second hand car or truck is a better value, as the sum total will be substantially less. The numbers speak for themselves.

Age Price Rate Months Payment Interest Total
New $23,500 6.00% 60 $454.32 $3,759 $27,259
1 Year $18,800 7.50% 60 $376.71 $3,803 $22,603
2 Years $15,980 7.50% 60 $320.21 $3,232 $19,212
3 Years $13,583 7.50% 60 $272.18 $2,748 $16,331

A used car or truck is an excellent option, regardless of whether you’re financing or not. Most loan providers will allow you to finance a used car up to eight years old, and some have a mileage cap of 100,000 miles.

Poor Credit Car Loans in Cincinnati

Right away, creditors look at when determining whether to approve you financing. If you’ve got a FICO score of more than 700, you shouldn’t have any issue locking down an auto loan, but approval and interest both become issues for people who have a bad credit score. Most of the time, it’s a good idea to deal with a specialist who can lead you through the process.

A lot of individuals with subprime credit find themselves at one of Cincinnati’s buy here pay here dealers. These dealers offer on-the-spot car loans, sans credit check. There’s a price you pay for that lack of credit check: inflated interest rates, a number of terms and conditions, and overpriced vehicles.

Instead, you’re better off if you apply for a loan online. The down payments are less expensive, as are the interest rates, and the service is significantly superior.

Go here to apply online.

No Money Down Auto Loans in Cincinnati

Generally, you’ll still need some actual hard cash to get the car you want, as a down payment of 10-20% is normally a necessity. Most lenders will finance the entire value of the vehicle, in some cases more, but they require superior credit from the new buyer. By applying online, it’s possible to maximize your odds of obtaining such a package. Loan providers and dealers can see what you want your down payment to be upfront.

Cincinnati Resources

Credit Unions


[tboot_column size=”15″]

[tboot_table strip=”yes” border=”yes” hover=”yes” cols=”Credit Union,Street address,Zip,Phone” data=”Aurgroup,137 E 4th St,45202,(513) 942-4422,B & O,4019 Hamilton Ave,45223,(513) 542-8365,Bardes Employees,4730 Madison Rd,45227,(513) 533-6200,Carmel Brotherhood,3549 Reading Rd,45229,(513) 281-8388,Cincinnati Central,1800 Vine St,45202,(513) 241-1109,Cincinnati Central,5625 Harrison Ave,45248,(513) 451-3800,Cincinnati Central,7000 Vine St,45216,(513) 563-4488,Cincinnati Central Credit Union,1 Safe Ln,45215,(513) 563-4488,Cincinnati Healthcare Associates,2139 Auburn Ave,45219,(513) 585-2398,Cincinnati Healthcare Associates,151 W Galbraith Rd,45216,(513) 418-2265,Cincinnati Healthcare Associates,3200 Burnet Ave,45229,(513) 281-0489,Cincinnati Interagency,26 WEST ML KING DRIVE G4,45220,(513) 569-7878,Cincinnati Interagency,5555 Ridge Ave,45213,(513) 631-0404,Cincinnati Interagency,4676 Columbia Pkwy,45226,(513) 871-1599,Cincinnati Interagency FCU,26 Martin Luther King Dr W,45220,(513) 569-7878,Cincinnati Ohio Police,959 W 8th St,45203,(513) 352-3568,Cincinnati Ohio Police,3550 Springdale Rd,45251,(513) 385-4808,Cincinnati Ohio Police,5070 Glencrossing Way,45238,(513) 922-2786,Cinco Family Financial Center,49 William Howard Taft Rd,45219,(513) 281-9988,Cinco Family Financial Center,6321 Glenway Ave,45211,(513) 281-9988,Cinco Family Financial Center,7466 Beechmont Ave,45255,(513) 281-9988,Cinfed,550 Main St #5510,45202,(513) 333-3800,Cinfed,550 Main St,45202,(513) 333-3800,Cinfed,830 Main St,45202,(513) 333-3813,Cinfed,7661 Reading Rd,45237,(513) 333-3923,Cinfed,5147 Glencrossing Way,45238,(513) 333-7854,Cinfed Credit Union – Consumer Loans,200 West Covington,45202,(513) 333-3906,Cinfed Credit Union – Consumer Loans,7364 Reading Rd,45237,(513) 333-3924,Cintel,525 Vine St #200,45202,(513) 421-1516,Cintel,525 Vine St #910,45202,(513) 421-1516,Cintel Fedl Credit Union,617 Vine St,45202,(513) 421-1516,Cinti Central Credit Union – Western Hills,3636 Werk Rd,45248,(513) 451-3800,Communicating Arts,P.O. Box 141239,45250,(513) 381-3070,Communicating Arts,1717 Western Ave,45214,(513) 381-3070,Deca,3118 Colerain Ave,45225,(513) 541-2480,Dorham Business Forms,1600 Magnolia Dr,45215,(513) 563-8961,Emery,7890 E Kemper Rd,45249,(513) 530-9351,Emery,435 Sycamore St,45202,(513) 530-9351,Emery,2300 E Kemper Rd,45241,(513) 530-9351,Emery,4900 Este Ave,45232,(513) 242-4127,Financial Resources,4545 Creek Rd,45242,(513) 337-7069,General Electric,10485 Reading Rd,45241,(513) 243-4328,General Electric,1 Neumann Way,45215,(513) 243-4111,General Electric,2446 Kipling Ave,45239,(513) 853-5235,General Electric,10500 Montgomery Rd,45242,(513) 865-1131,General Electric,375 Dixmyth Ave,45220,(513) 862-2966,General Electric,619 Oak St,45206,(513) 569-6265,General Electric,7500 State Rd,45255,(513) 624-4595,General Electric,3131 Queen City Ave,45238,(513) 389-5991,Greater Cincinnati Credit Union,4004 Edwards Rd,45209,(513) 559-0901,Greater Cincinnati School,2721 Central Pkwy,45225,(513) 559-1234,Greater Cincinnati School,7221 Montgomery Rd,45236,(513) 559-1234,Greater Cincinnati School,3287 Werk Rd,45238,(513) 559-1234,Greater Cincinnati School,6899 Hamilton Ave,45224,(513) 559-1234,Hamilton County School Employees,6230 Hamilton Ave,45224,(513) 542-8950,Heekin Can Empl,8200 Broadwell Rd,45244,(513) 388-2330,Kemba,1045 W 8th St,45203,(513) 762-5070,Kemba,11450 Grooms Rd,45242,(513) 762-5070,Kemba,5710 Wooster Pike #101,45227,(513) 762-5070,Kemba,211 Northland Blvd,45246,(513) 762-5070,Kemba,5844 Bridgetown Rd,45248,(513) 762-5070,Kemba,1014 Vine St,45202,(513) 762-5070,Leblond Fedl Credit Union,2359 Norwood Ave,45212,(513) 351-7869,Local Union 392,1228 Central Pkwy #108,45202,(513) 621-4600,Local Union 392,1228 Central Pkwy,45202,(513) 621-4600,Mt Zion Woodlawn,10180 Woodlawn Blvd,45215,(513) 772-6230,New Horizons,637 Vine St,45202,(513) 562-6600,New Horizons,2101 E Kemper Rd,45241,(513) 782-1286,Northwest Employees Fedl Credit Union,3557 Springdale Rd,45251,(513) 385-4808,P & G Employees-Emery Federal Credit Union,5400 Vine St,45217,(513) 641-2463,Postal Family Credit Union Inc.,P O BOX 14403,45250,(513) 381-8600,Postal Family Credit Union Inc.,1243 W 8th St,45203,(513) 381-8600,Reading,2110 E Galbraith Rd,45215,(513) 948-7778,Sharefax Credit Union Inc,10590 Reading Rd,45241,(513) 753-2440,Smart Money Comunty Service,19 W Elder St,45202,(513) 241-7266,St. James Parish,6195 Cheviot Rd,45247,(513) 385-5921,Tool Steel,11451 Reading Rd,45241,(513) 733-7955,U.P.S.,644 Linn St #129,45203,(513) 241-2892,Valley Council,9231 Reading Rd,45215,(513) 948-1234,W T Community,755 Ohio Pike,45245,(513) 752-6250,Well-Tel Federal Credit Union,324 E 4th St,45202,(513) 381-3030,West Ohio United Methodist,PO Box 54843,45254,(513) 528-1521,West Ohio United Methodist,431 Ohio Pike,45255,(513) 528-1521,Wright-Patt,3 Enfield St,45218,(513) 825-4300,Wright-Patt Credit Union Inc,4560 Lafayette Ave,45212,(513) 531-3552″][/tboot_table]