Mitsubishi auto loan program promotional banner with Ally financial

Bob Penkhus Mitsubishi is a trusted dealership in Colorado Springs when it comes to auto finance loans. Since we work with most of the major financing companies and local lending institutions, we can offer superior rates. We focus heavily on helping consumers with marginal credit scores receive quality auto loan rates. Instead of paying up to 21% in interest, we can help you qualify for 3.9-6.5%. Mitsubishi financing is here to help you get that car or SUV you deserve.

We Know Auto Loans

When you're considering an auto loan to finance your new or used car, you want to know and trust the financing team you are working with. At Bob Penkhus Mitsubishi, we employ friendly finance staff that genuinely care about your well-being. We deal with all types of car loans, including bad credit car loans, used car loans and new car loans. Our job is to make the application process as simple as possible so you can get through the pre-approval quickly. We help consumers in Fort Carson, Fountain, Pueblo, Monument, Castle Rock, Colorado Springs and the Denver area receive low-interest car loans every day. Just because you have made a few mistakes in the past, you don't have to pay high-interest rates. Talk to our experienced team today.

We work directly with these lenders:

Alliant Credit Union

Aurora Schools FCU

Ally Financial


Arapahoe CU

Air Academy FCU

Aventa FCU

Avid Acceptance LLC

BCS Community CU

Bellco CU

Blue FCU

Capital One Auto Finance

Credit Union of Colorado

Colorado Credit Union

Columbine FCU

Community Choice CU

Credit Union of Denver

Credit Union of the Rockies

Canvas CU

Consumer Portfolio Services

Delta County FCU

Denver Community Credit Union

Elevations CU


Exeter Financial

Foothills Credit Union

Fitzsimons Credit Union

Flagship Credit Acceptance

First Help Financial

Foursight Capital

Global Lending Services

Horizons North Credit Union

Minnequa Works CU

Metrum Community Credit Union

Navy Federal Credit Union

Nothern Colorado Credit Union

Porter FCU

Pikes Peak Credit Union

Premier Members Credit Union

Red Rocks Credit Union

Reliant Federal Credit Union

Regional Credit Acceptance

Rio Grande FCU

Rocky Mountain Law Enforcement FCU

Security Service FCU

Santander Auto

Sooper Credit Union

Southwest Colorado FCU

Space Age FCU

Star Tech FCU

UniWyo FCU


US Bank

Western Rockies FCU

Westminster FCU

Wells Fargo

Westlake Financial




Calculate Your Auto Loan Payments

When you calculate your auto loan payment, you will need several pieces of information. Enter the vehicle price, down payment amount, trade-in value, sales tax and interest rate. You'll want to know the term of your line. Keep in mind that title, fees and incentives won't factor into the calculation and this is strictly an estimate. To determine how low of a rate you can actually receive, you want to discuss the options with our finance team. Chances are, we will blow your mind with our low-cost auto loans in Colorado Springs. Calculate your auto loan payments now.

Bad Credit Auto Loans

The FICO Score ranges from 300 to 850. This is the score that most lenders look at when providing auto loans in Colorado Springs. Bad credit scores fall below 670 according to Experian with 580 to 669 considered fair and 300 to 579 labeled as poor. With Mitsubishi auto loans, we don't place as much emphasis on the credit score as we do other vital factors. That's why we can offer low rates, with great APR financing no matter where your credit score is today.

Refinancing Auto Loans

If your auto loans in Colorado Springs currently cost you too much money, you can look into refinancing the loan. This involves taking out a new loan that pays off the current balance. These fixed monthly payments reduce how much you need to put out of pocket, but increase the amount of time you will pay on the car. With Mitsubishi financing, we offer competitive rates to help you lower your monthly expenses. We want to help you succeed financially while driving the vehicle you deserve.

Auto Loan Rates

Currently, auto finance loans range anywhere from 3.9% to 21%. The current rates for Mitsubishi auto loans are significantly lower than these numbers. With our ally program, Mitsubishi Motors is providing a special retail APR program for a limited time only. Our rates start at 0% for qualified applicants and only go up to 12.9%. Because Mitsubishi financing cares about you, it's possible to get a far lower rate with us than anywhere else. If you want auto loans in Colorado Springs, you owe it to yourself to see what Bob Penkhus Mitsubishi can do for you. Contact us today to hear more about the Mitsubishi Financing Program that helps you get behind the wheel fast.

Auto Loans for First Time Car Buyers

Are you a first time buyer? You could drive away in vehicle for less than $10,000 with an extensive 10 year 100,000 mile warranty and special APR financing plus no payments for 90 days. It's a great time to buy your first car and Bob Penkhus Mitsubishi will fight to get you the lowest interest rate possible on your first auto loan with low monthly payments. Contact us today!



Directions COLORADO SPRINGS, CO 80905

  • Sales: (719) 955-5000
  • Service: (719) 955-9500
  • Parts: (719) 955-3088

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