Pretty much everybody needs a car they can count on to get to work, pick up the kids from school, and a hundred other important tasks. But because this is a big purchase, not everyone has the money available to buy a car. Fortunately, there is another great option: financing. With financing, you can get the car you need without having to put up a substantial amount of money.
The Ins and Outs of Financing
If you have never financed a vehicle before, basically this means that you are taking out a loan for your vehicle. In addition to paying back the principal – which is the cost of the car – you will also need to pay the interest. It’s important to know that your credit score will play a role in the interest rate you can get, but if you don’t have great credit, you will still be able to qualify for a loan. Even if you don’t have any credit, we can help you get a no credit loan. Other areas we will need to talk to you about include the length of the loan and your down payment. And if you’re trading in an old Ford or another vehicle, you can use your trade-in value to cover the down payment.
Getting the Financing Process Started
To get things rolling, the first thing you will need to do is fill out our online financing application. This covers things like contact and income information and doesn’t take long to complete. Once you submit it, someone will be in touch to discuss the next steps to take. If you’re concerned about your credit, you can check it with our Credit Estimator tool. And if you would rather do all of this in person, feel free to visit our dealership to talk to one of our Ford dealers near Jeffersonville, KY. We can answer all of your questions and also show you the new and used models we have in stock.