HOW IS MY MONTHLY PAYMENT DETERMINED?
Monthly loan payments depend on a number of factors. From the amount borrowed and length of the loan, to the buyer's credit score and interest rate. By putting more money down upfront, you can lower your monthly payment.
CAN I BUY A VEHICLE WITH BAD CREDIT?
Our financing team can help get you into your next vehicle no matter your credit history. We can work to find the best form of financing for you and your budget.
HOW MUCH SHOULD MY DOWN PAYMENT BE?
Ideally, you should be prepared to put 20 percent of the purchase price down on your new car, or as close to that as you can afford. This helps ensure you will see positive equity within about 2 years of a 4-year loan, granted the car stays in good shape.
HOW MUCH CAN I AFFORD TO SPEND?
Experts say you shouldn't spend more than 20 percent of your monthly income on your new car. Use our Car Payment Calculator to see what your car payments would be to find the best budget for your needs.
HOW DO I GET APPROVED FOR A CAR LOAN?
Many factors go into getting approved for an auto loan, such as your credit history, income, and more. Each situation is different, but there are steps you can take to help lower the difficulty of getting approved. We recommend filling out our financing application before coming to see our team at the dealership. When you arrive, be sure you have the following:
- Valid ID
- Proof of income
- At least three personal references
- Down payment, if necessary
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