So you’ve been looking for a car that fits your needs and lifestyle, and you’ve finally found one. You’re ready to commit—but how do you go about financing your new vehicle? What’s the best way to finance a car?
Thanks to the financial experts at Faulkner Auto Group, we can help answer that. We’ve got the rundown on the best way to finance a car, whether you’re from Harrisburg, Mechanicsburg, or Trevose.
Know What You’re Looking For
Before you head to your local car dealership, it helps to have an idea of the kind of automobile you’re seeking. Are you looking for a sturdy and durable truck, or a sporty sedan? Do you care about infotainment features, or are you more focused on fuel efficiency?
If you’re not quite sure which vehicle will best suit your needs, we can help! Our friendly and knowledgeable staff will show you around, answer your questions, and help guide you toward the vehicle that you’ve been looking for. And with our vast inventory, you’re sure to find something that’s just right for you!
Take a Look at Your Credit Score
It helps to know what your credit score is before you begin the financing process, as this gives you a much better idea of what sort of vehicle and payment plan will best suit your lifestyle.
Additionally, this information will help your financing team enormously. The financing process goes far faster when our experts have all the facts and figures regarding your finances at their disposal. It lets them streamline the process and craft a payment plan that fits your needs, so you can drive off quickly in the car you’ve been dreaming of.
Go for a Large Down Payment
If it fits in with your lifestyle, do your best to make a large down payment on your vehicle. If you can do at least 20%, if not more, you’ll be in great shape regarding financing your automobile. This can have a positive impact on your overall interest rate, and can significantly cut down on the amount you’ll end up spending on payments.
Are you unsure if a large down payment is the right choice for you? Our financing department can help answer your questions and determine whether this is the right move when it comes to getting your next automobile, so contact us today.
Aim for Shorter Loan Terms
When financing a car, it’s best to try and go with shorter loan terms. True, they have higher monthly payments, but in the long run shorter loan terms can benefit you enormously. You end up with lower interest rates, and you’ll pay off your vehicle far more quickly.
It’s a great option for financing your next vehicle, so talk to our staff to see if this choice works for you!
Speak with Our Finance Center Today
Now that you know something about the best way to finance a car, it’s time to speak with our financing department about the payment plan that works for you! Head on over to Faulkner Auto Group to explore our inventory, speak with our financing center, or schedule a test drive in the vehicle of your choice!
We’ve helped drivers from Harrisburg, Mechanicsburg, and Trevose, and we can’t wait to help you find and finance the car of your dreams, so visit us today!