At Under $200 Cars and Trucks, we offer premium used vehicles for low down payments by offering lower prices, plain and simple.  By keeping our prices low, we control the amount that most banks will require to be initially invested in loan.  We have over 14 banks competing for your business, getting lower interest rates and lower monthly payments.  No catch, no tricks, just lower prices, lower down payments and lower monthly payments.

How do we get started?

You can apply for credit in person at either of our locations, or apply online through this website.  Once you come in, bring a Driver’s License and your most recent pay statement.  We can handle the rest!

Do your cars come with warranties?

Several of our car are so new and have such low mileage that they are still under the original manufacturer’s warranty!  If a vehicle is past the original manufacturer’s warranty, we do have warranties available ranging from basic to full coverage for varying terms.

Is this “In-house Financing” or “Tote-the-Note”?

No, this is legitimate financing.  You’ll be purchasing this car, and every payment you make will go toward the purchase of the vehicle. 

Is your program based on credit history?

Yes, since we only offer vehicles for sale and are making arrangements for payments through a bank.  Banks will review a person’s credit history to determine the terms of financing.  Since we have over 14 banks, rather than just one or two like several dealers, we have more financing options which makes it easier for us to get you approved.

What if i don’t get approved?  Does more money down make a difference?

Yes, we do have banks that will take more money down into consideration if you are no able to get financed, for whatever reasons.

What are the requirements?

With over 14 banks at our disposal, there really is no set criteria.  Each banks weighs your information differently.  We will need a Driver’s License, and some type of income.  Aside from those, there are no pre-set requirements.

What if I don’t have a job, but receive Social Security,Disability,Retirement,Pension, or Child Support?

Many banks will consider this as regular income, and often this is not a problem.  Feel free to apply and let us tell you what we can do for you!

What if i am currently involved in a bankruptcy?

What we can do for you depends on the type of bankruptcy you are involved in.  Contact one of our salespeople for more information.