Get Approved 100% Online In 3 Easy Steps!
What is buy here, pay here and how does it work?
Retail dealerships have relationships with banks and lending partners and send your application out for approval. At LOFI Motors, we are the bank and can say YES when other dealerships say no. Our easy in-house financing department offers weekly, semi-monthly, and monthly payment plans to fit your car payment easily into your budget. We report to the credit bureau monthly to help you meet your growth goals! When it’s time to make a payment, simply login online. Ready to get approved? Start with LOFI Motors!
Our process is simple and easy:
Get Pre-Qualifed
Sharing your information with many dealers can be scary. We are up-front about we can and can’t do. This is why one of our finance specialists will pre-qualify you to ensure your credit isn’t pulled for no reason and your time isn’t wasted!
Schedule Your Appointment for Reliable Transportation
Our advertisements are 100% Real. We give a FREE limited warranty for the first 6,000 mi / 6 Months on every vehicle because we want you to have peace of mind when financing with us! Once you are approved, schedule your appointment to browse our vehicle selection!
Review Your Affordable Payment Plan
Our approvals allow customers to use up to 25% of their monthly income toward their monthly payment. This helps keep your finances on track! Since we finance customers in-house, this means we can provide finance APPROVALS on the SPOT and within your BUDGET!
What do I need to get approved with LOFI Motors?
Valid Driver's License
At LOFI Motors we will use your Drivers license to register your vehicle, and validate your identity.
Please note that these are general guidelines and the requirements may vary. For your specific situation, please contact us directly here
Proof of income (Like a recent pay stub)
At LOFI Motors, we typically accept the following as proof of income:
- Recent pay stubs
- Bank statements showing regular deposits
- Social Security income statements
- Pension distribution statements
- Tax returns (for self-employed individuals)
Please note that these are general guidelines and the requirements may vary. For your specific situation, please contact us directly here
Proof of Residence
For proof of residence, LOFI Motors typically accepts:
- Utility bills (like electricity, water, or gas) in your name
- Lease agreements
- Mortgage statements
- Bank statements with your address
Please note that these are general guidelines and the requirements may vary. For your specific situation, please contact us directly here
Pension
For proof of pension distribution, LOFI Motors Sales typically accepts:
- Pension distribution statements
- Bank statements showing regular pension deposits
Please note that these are general guidelines and the requirements may vary. For your specific situation, please contact us directly here
Tax returns (for self-employed individuals)
If you own your own business, you can provide the following as proof of income:
- Tax returns from the previous year, specifically the Schedule C form that reports your profit or loss from business.
- Bank statements showing regular income.
- Financial statements like profit and loss statements.
Please note that these are general guidelines and the requirements may vary. For your specific situation, please contact us directly here
Bankruptcy
Yes, at LOFI Motors, we understand that life happens and financial challenges like bankruptcy can occur. We work with individuals in various financial situations, including those who are in bankruptcy.
please contact your nearest store here to discuss your specific situation and how we can assist you.