Many people dread buying a car for one simple reason: the car loan. But financing doesn’t have to be stressful. At O’Brien Ford of Shelbyville, our professionals can walk you through the process and ensure that you get the best deal possible. We also have a wide selection of used Ford cars to choose from, so visit us today to learn more.

Here are the steps involved in getting a car loan.

Checking Your Credit

One of the first steps before applying for a car loan is figuring out your credit score. If you’ve never done this, or it’s been a while and you’ve made big changes recently, it’s a good idea to check your score before visiting our Ford dealership. This can help you recognize what kind of used car you can afford at our Ford dealership in Shelbyville.

Setting up a Payment Plan

Next, you can start figuring out what kind of payments you can make each month. You’ll also need to factor in interest which will apply to your car loan amount. Then, you’ll see how long the loan term will need to be making a set monthly payment.

Get Pre-Approved

You can receive pre-approval for new car financing right on our website using our credit application tool. This is an important step so that when you get to the dealership, you’re already set to start test driving and the car-buying and financing process will run more smoothly. Whether you’re looking for a used Ford F-150 or a 2019 Ford Edge, it’s important to understand these steps before you start shopping for your next car.

When you’re ready to start test driving, or if you have questions about applying for a car loan, get in touch with our experienced Ford dealers in Shelbyville, near Louisville, KY.