A used-car company that is also the bank.
Quillby Motors is built on a plain observation: most used-car lots sell the car and hand the loan to someone else, so nobody is responsible for both. We buy the vehicles, inspect them in our own shop and finance them ourselves.
Because we hold the loan, we can approve people a bank will not: steady income and a down payment matter more than a score. Because we sold the car, we have to stand behind it, which is where the 5-Day Swap Promise and the 60-day warranty come from.
Six lots, one finance desk. Most customers get pre-approved on their phone and spend about an hour at the lot.
- 6
- Lots across the Sun Belt
- 1
- Finance desk, in-house
- $500
- Minimum down payment
- 5 days
- Swap Promise
- 60 days
- Limited warranty
- 1 hour
- Typical time at the lot
Why people who got turned down buy here.
We own the cars and we hold the loans. That changes what we can say yes to, and it means we have to stand behind the car after you drive off.
Approval on income
We look at what you earn and what you can put down, not only the score. Most of our approvals are for scores under 660.
5-Day Swap Promise
Drive it for five days or 300 miles. Bring it back for any reason and swap it or get your down payment back.
Inspected and warranted
A multi-point inspection and a 60-day / 3,000-mile limited warranty on every vehicle. Extended coverage available.
Report to the bureaus
On-time payments are reported to all three credit bureaus every month. Most customers see their score rise within a year.