Consolidated Auto Sales has been at the same location for 70 years. We have helped thousands of people with their transportation needs. We have customers who have purchased 5,6 or more cars over the years, parents and grandparents who recommend us to their children. We must be doing something right.
We are involved in financing everything we sell and will not sell your account to a 3rd party lender. From the time you take delivery of the car until it is paid off, we are your partner, doing our best to help you complete your payments, and improve your credit rating.
All of our cars come with a 1,000 mile 30 day drive-train warranty. We have found that existing problems will usually appear during that time. After the 30 days we offer a buyer's protection plan. Repairs can be completed in our shop, at an affordable cost.
We have a large selection of cars, trucks and SUV's. We try to stock the nicest, lowest mileage vehicles we can get. The used car market has gone through some changes in the past couple of years. The average car on the road today is older and has more miles than ever before. We try to keep our prices under $12,000 so our inventory is a little older, but it is as nice or nicer.
We buy cars at auto auctions where we are competing with hundreds of other dealers. If it is on our lot, we outbid every other dealer for the privilege of having this car for resale. The reason every 06 Impala is priced differently has to do with condition, appearance and mileage.
We look at length of time at your address, job and in the Phoenix area. We run the credit bureau report to verify things you have told us about yourself. We know that everybody has problems from time to time. We aren't going to let a few problems keep you from owning a car.
We don't pay a whole lot of attention to credit scores. We look at what happened to you and why. Some customers think they have bad credit, but we can sell them a car. Others think they have good credit, but we can't sell them anything. It boils down to a one on one discussion to see if we think you are able to repay the loan.
Family Loan Company, Inc., the sales finance company we use has been licensed by the Arizona Department of Financial Institutions since 1961. In fact their License number is #0000001. They have been members of the credit bureau in Phoenix for over 40 years.
We look for 20-25% down on a purchase. This is because about 10% of the purchase price goes for tax and license. If we get 20% down we get to keep 10% of the purchase price as down payment. If we only get 10% down, we get to keep none of it.
Normally we like to see at least 6 months at the job, address and in the Phoenix, Arizona metropolitan area.
Fill out the application on line. This gives us preliminary information about you. Come in and see us. Bring your drivers license; last 2 paychecks; proof of address; a list of friends and relatives; and your down payment, you should drive out in your new car in about 2 hours. We do not run your credit until you have been in to visit us. We do not want to put an inquiry on your record if you aren't really interested in what we have to offer.
We approve a large percentage of applicants. We look at income, down payment and ability to make payments. If you have $500 down and want a $10,000 car it might not happen. It is in both of our best interests to see that you can afford the payments that you sign up for.
We like to keep our loans short term. 30 months is where we like to cap our terms, but on more expensive cars we can go longer. We like to look at $250 as being a minimum payment. The quicker your loan is paid off, the quicker we get the money back to buy another car and start the cycle over again.