Lindsay Dodge car financing Lindsay ON
Purchasing a new car is an exciting venture that most people can do without a problem. With Lindsay Dodge in ON, we make the process simple for people who want to finance a new car. From the car selection to driving it off the lot, we can assist you with navigating through the entire process. However, when it comes to car financing at Lindsay, ON, you can count on Lindsay Dodge to lead you through no matter what your financial status is. Let's take a look at how you can get approved for a new ride today.
About Your Credit History
Some people get concerned because their credit score might not be that high, or maybe they don't have much credit at all. However, we look at several factors, not just your score. So, don't worry. We will review the whole credit history to see what factors are bringing down the score, and we take into consideration all situations.
Other Financial Factors
When applying for financing to get a new car, we will also check your employment background. We are looking for a steady work history and current work status. If you have a reliable position now, that will be a positive indication for your loan. Also, other financial factors that could play a part include your debt-to-income ratio, which means how much you owe as opposed to how much you are bringing in.
Financing and the Terms
When your credit is established, we will provide you with the best interest rate based on the credit review. Your rate may be higher or lower depending on the strength of your credit, but in most instances, you won't be denied. We will go over your total costs, including the interest, and discuss the financing terms that work best for your life. You can make repayments in 3-year installments, 4-year installments, 5-year installments, and sometimes even 6-year installments. The longer the time is, the lower your monthly payment will be, but the more you'll pay in interest. So, the term arrangement is up to what you can manage monthly. We will work with you to make it the best terms possible.
Get ready to stop by Lindsay Dodge and find your perfect car. That's the first step in the process. Once you find a vehicle you love, you can connect with our financing specialist. Drive home your new car today!