Auto Repair Loan Options

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Can You Finance A New Pet?

When your car needs repairs, you have a few different options for getting the work done.

You can pay for it all up front, take out a loan to cover the cost, or put the bill on your credit card. Each of these options has its own set of pros and cons, but what if you don’t have the money to pay for repairs right now? What are your options then?

One option is auto repair financing.

Quick. Simple. Secure.

How To Apply For Auto Repair Loan Options

1 Pre-qualify

Fill out easy online form to check for pre-qualified offers with no impact to your credit score

2 Select offer

Compare terms and payment options to select offer that’s best for you

3 Finish application

Complete application process on your selected lender’s website

4 Receive funding

After loan approval, your funds should arrive within 1-2 business days2

“The process couldn’t have been any easier. I filled out a short form that took me less than 2 minutes and within seconds I got multiple offers from lenders.”


- Mike T. (TN)

“It was important to me that I could review my offers without any impact to my credit score, before deciding on the best loan option.”


- Carol R (FL)

“I like the easy online and 100% paperless experience of Acorn Finance. I received my money two days after completing my application.”


- Bob S (WI)

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Learn More About Auto Repair Loan Options

Read on to learn more about how to finance auto repair, even if you have bad credit.

Read more - FAQ

Can you finance mechanic work?

Fortunately, there are options available for financing mechanic work. Many mechanics now offer financing plans that allow you to spread the cost of repairs over time.
This can make paying for mechanical work much more manageable, and it can help you keep your car on the road for years to come. So if you’re facing a big repair bill, don’t despair. Talk to your mechanic about the options that are available to help you finance the mechanic work you need done.
There are options you can pursue outside of those offered by the shop itself, too. For example, you could put the expenses on a credit card with 0% APR or turn to a personal loan. Although it may take a day or two to apply for and go through the approval process on a personal loan, interest rates for these tend to be much cheaper than the ones you’ll pay on a credit card over time.
There are plenty of personal loan financing options to choose from, including those offered through Acorn Finance. At Acorn Finance, you can shop multiple personal loans and get prequalified to view the best offers – all without a credit check required.

How does auto service finance work?

Auto service finance is a type of financing that allows you to spread the cost of servicing and repairs over an agreed period of time. Some loans will fund the repair shop direct, while others will fund the borrower with a direct deposit or check that they can then use to cover auto repairs. This can be done when you buy the new car or, in many cases, can be something you purchase separately when you need work done on an older car later on.
This can be helpful if you’re on a tight budget and need to service your car regularly. It’s important to remember that auto service finance is not the same as car finance. Car finance is used to purchase the vehicle, while auto service finance is used to pay for servicing and repairs.
With auto service finance, you make regular payments to the dealership or garage that provides the services or to a separate financier, like a personal loan lender.

How can I save money to repair my car?

Don’t want to finance auto repair? There are other ways you can get the money you need, but one of the best is to save up some cash. A few recommendations? See where you have room in your budget to slash some costs. Do your best to build up an emergency fund with at least six to twelve months’ worth of expenses. That way, you won’t find yourself in a panic when you don’t have any savings to deal with an emergency breakdown.
When it does come time to do some repair, don’t settle for the first auto shop you find. Shop around and ask friends and family for mechanic recommendations. Try to find a good mechanic, of course, but don’t overpay for the service. If you feel as though the repairs you’re being asked to make are too expensive, don’t be afraid of getting a second opinion – sometimes, the recommended repair may not be required at all.
To avoid paying too much, it is helpful to do some research ahead of time and try to diagnose the problem yourself. Once you know what needs to be fixed, you can shop around for the best price on parts and labor. You may also be able to find a friend or family member who is willing to help you with the repairs. By taking the time to save up money and do the repairs yourself, you can avoid spending a lot of money on unnecessary repairs.

Why is Acorn Finance the best place for auto repair financing?

You have plenty of choices when it comes to auto repair finance, but Acorn Finance should be the first place you go to for help.
When you shop for a personal loan from Acorn Finance, whether for auto repair financing or something else, you’ll be able to view the best and most affordable options that are out there. You’ll be able to get prequalified for dozens of loans in a snap – no worries about a hard credit pull, either. You can view offers from these lenders and sort by things like payment terms or APR. Then, when you’re ready to apply, it’s easy to do directly through the Acorn Finance website.
No more shopping around to find the best rates – you can do it all through Acorn Finance.

What Are Common Car Repair Costs?

Many people are hesitant to take their car in for repairs because they worry about the cost. However, it is important to remember that the cost of repairs will vary depending on the type of problem and the make and model of your car. That said, there are some common car repair costs that you can expect to pay.
For example, replacing a battery will typically cost between $200 and $300. New tires can cost $100 to $300 each, not counting specialty tire purchases or mounting and balancing.
And if you need to have your oil changed, you can expect to pay between $35 and $100. Of course, these are just estimates, and the actual cost will depend on the specific problem and the shop you take your car to.

How To Find A Good Mechanic For Car Repairs?

Auto repair can be expensive, so it’s important to find a reliable mechanic who won’t overcharge you. One way to do this is to look for an auto repair shop that offers an auto repair payment plan. This means that you can spread the cost of repairs over time, making it more affordable.
You can also ask around for recommendations from friends or family members who have had good experiences with mechanics in the past.
Once you’ve found a few potential candidates, be sure to read online reviews to get a better idea of what others have thought of their work. With a little research, you should be able to find a great mechanic who won’t break the bank.

What Lenders Can Finance Me Today For A Car Repair?

Auto repair financing can be difficult – but auto repair financing bad credit can be even more difficult! Fortunately, there are choices.
Talk to your auto mechanic or auto body shop to see if they offer financing options. They may be able to help you find a loan that’s right for you.
And of course, turning to Acorn Finance for help is a smart choice as well. Within 60 seconds or less you can check offers at Acorn Finance and be on the road again, faster.

Take the express lane. . . check offers for auto repair financing at Acorn Finance today!

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