Posted Tuesday, May 28, 2024


Down payment assistance programs provide prospective carbuyers with money to help them pay for a down payment on a car purchase.

Some programs, such as HELP’s, may also help with a large portion of the down payment, which are the fees and charges you pay when you finalize your auto loan. Down Payment ASSISTANCE VOUCHERS START FROM $1200 to $3000 per BUYER.

Closing costs can total between 20 and 30 percent of the loan principal.

For instance, on a $15,000 loan, the closing costs could be upwards of $4000 or more. If all of your available cash is going to saving for a down payment, you might need help paying for closing costs too.

When you purchase using the program, you obtain Down Payment Assistance and at the same time that you get the Auto Loan. The assistance, also referred to as HELP, can be used towards your down payment and/or closing costs, or to reduce the principal balance on the HELP Auto Loan (which in turn can lower your monthly payment).

Bottom line, we are here to help you become a HELP buyer with little-to-no money out-of-pocket and possibly much sooner than you thought possible.

Program Features:

No first-time Buyer requirement
Perfect credit is not required
Income limits are generous
Assistance up to 90%

Want to Learn More?

To learn more about our individual Down Payment Assistance Programs, clink the link to the program of interest.

When you are ready to apply or have specific questions, reach out to one of our Participating dealer LA AUTO CENTER. Our Lenders will provide complete program guidelines, interest rates and APRs, and help you make the right decision for your specific situation and needs.

Help Me With My Down Payment offer down payment assistance through LA Auto Center. $1200 to $3000 dollar voucher is available to California residents.

To determine if your approved for the program you can apply online or by phone. Supporting income documents will be required to underwrite the application.

Down Payment Assistance Application 

Apply By Phone: (818) 814-9477         Email your supporting documents to:

For W2 Employees: 2 Most Recent Paystubs       For Self Empolyed: 3 Months Bank Statements (PDF)     Copy of Drivers License

LA Auto Center revolutionized the auto industry by delivering the honest, transparent and high-integrity car buying experience customers want and deserve. In addition we sponsor the down payment assistance program with Help Me With My Down Payment.

Help Me With My Down Payment and LA Auto Center offer Auto Financing With Down Payment Aid for all qualified California Buyers. We offer down payment Aid on all our transactions.

Tags: , , , , , , , , , ,