Car Loans Aren’t Scary

As a car dealer, I often hear customers say that car loans are scary. Often, one of the biggest worries that people have is about their credit. This is normal, because a car is a big purchase for many individuals. Most folks know their credit score influences the final amount of their monthly loan payments. Why does that matter? Let’s talk more about the process.

First there are some important terms to know when talking about loans – down payment, principal, interest rate and loan term. The down payment is the money you pay the dealership toward the overall price of the car. The difference between the loan and what people can pay right away is called the principal. The interest rate is how much people pay the lender for loaning them money. The loan term is how long the borrower has to pay back the loan. Because monthly payments are determined by both the initial value of the loan and the interest rate, the lower interest rate we can secure for a customer, the lower the monthly payment can be.

As a dealer, I have access to great deals and can get customers the best car loans. Customers get their car shopping done in one stop. The dealership is here to work with you. My goal is to build a relationship with customers where they know they are getting treated right from start to finish. I work with customers so they get the right car, for the right price and secure their car dreams with the right loan. Cars are an investment and car loans can help make owning a reliable vehicle go from dream to reality.

I’m here to tell you that my dealership makes buying a car and getting a loan a stress-free process. We want you to drive away, happy that we were a part of your journey.