Car Repair Loans: Get Quick Auto Repair Financing

Car trouble tends to never happen at a good time. One minute you're driving to work, the next you're staring at a steep mechanic's bill. If you don't have the cash on hand, BuddyLoans can help connect you with lenders who may offer car repair loans.

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Average Auto Repair Costs

Nobody likes being blindsided by a repair bill. Prices can change a lot depending on your specific car and the extent of the damage, but it helps to know the general range before you head to the shop.

Repair Type	Estimated Cost
Brake Pad Replacement	$150 – $300 per axle
Alternator Replacement	$500 – $1,000
Timing Belt Replacement	$600 – $1,200
Transmission Repair/Rebuild	$1,200 – $5,000+
Engine Replacement	$3,000 – $7,000+
Suspension System	$1,000 – $5,000

Note: Costs can vary significantly based on make, model, regional labor rates, and part type.

How to Get a Loan to Fix My Car?

Finding a car repair loan shouldn't be as complicated as fixing an engine. At BuddyLoans, we streamlined the process to help you explore your options.

Submit Your Request Online

Complete our simple, secure online form. We ask for basic personal and financial information to help us understand your needs.

We Search Our Network

Once you click submit, we can share your request with our network of lenders who may offer auto repair loans. Approval is not guaranteed and is dependent on each lender’s criteria.

If Connected, Continue Toward an Offer

If you connect with a lender, you can work with them to submit your application and eventually review the interest rate, terms, and repayment schedule. If you’re approved, the money is sent to your bank account typically within a few business days of accepting the offer. This timeline may vary depending on the lender and your bank.

Our Benefits

Why choose BuddyLoans when searching for car repair financing?

Consideration of All Credit Types

Many drivers worry that a low credit score will leave them stranded. At BuddyLoans, our lender network can review various credit backgrounds, but approval is not guaranteed and depends on the lender.

Simple Online Process

You can request a personal loan for car repairs from the comfort of your home or even from the waiting room at the mechanic’s shop. Our process is designed to be straightforward and efficient.

No Fees to Make a Request

BuddyLoans doesn’t charge for our request service. You can review your loan options risk-free and decide what’s right for you, with no obligation to proceed. Be sure to review all loan details with your lender before moving forward.

Request a Personal Loan for Car Repair

Need help covering a repair bill? Request a personal loan for car repair using our quick online form.

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Other Ways to Use Your Short-Term Personal Loan

Beyond auto repair financing, short-term loans can also help in these situations:

Bad Credit Loans

Need a loan with less-than-perfect credit? Our lender partner network may consider factors that go beyond your credit history when evaluating your request. These are designed to help consumers who may not qualify for traditional financing.

Note: Approval is not guaranteed and depends on the individual lender. Loans for borrowers with lower credit scores may carry higher interest rates and fees.

Installment Loans

Installment loans allow you to borrow a specific amount of money and repay it over a set period of time. They typically feature fixed monthly payments, which can make budgeting easier compared to revolving credit lines.

Emergency Loans

These loans can be used for sudden expenses, such as medical bills or cash shortages before paydays. They are a practical solution when you need to cover an unexpected cost quickly.

Personal Loans

Personal loans can fill short-term budget gaps. They are versatile financial tools that can be used for debt consolidation, home improvements, or other major purchases, often with a streamlined request process.

FAQ About Auto Repair Loans

Can I Request a Loan if I Have a Low Credit Score?

Yes. Consumers with all credit types are welcome to submit a loan request. While we cannot guarantee approval, we work with lenders who may be able to provide financing options to those with limited or lower credit histories. Please note that loans for borrowers with lower credit scores may carry higher interest rates.

How Fast Can I Get Funds for Repairs?

The timing depends on the individual lender. However, if you are connected with a lender and approved, funds may be available in a few business days, depending on your lender and bank.

Do Lenders Perform a Credit Check?

Some third-party lenders in our network will perform a credit check to evaluate your creditworthiness.

Can I Use the Loan for Upgrades or Just Repairs?

If approved for a personal loan, you can typically use the funds for various vehicle-related expenses, including necessary repairs, bodywork, or even new tires and performance upgrades.