If you are looking to get car financing on a new or used vehicle at your local Porsche dealer in Chantilly, VA, then we have some advice for you. Financing your car will be easy with these 5 tips.
Understanding Your Credit History
When you are looking to finance a car, the first thing you should do is understand your credit history. There are a variety of ways you can get a copy of your credit report online for free, and you should do this before anything else. Knowing your unique credit history will help you and your dealer understand your options. This way you can work together to find the best option for you.
Working Around Less Than Perfect Credit
You might be concerned if your credit isn’t perfect. Don’t be. Your dealer has relationships with lenders who can get you financed even with less than perfect credit, and there is a lot you can do too. Consider the trade-in value of your car and the downpayment you have. These are assets that will help lower your costs and help with the approval process. Even with bad credit, you still have plenty of options, so don’t be afraid to reach out.
Thinking About Your Budget
Now that you are ready to move forward, it is time to think about your budget. How much can you put down? What is the trade-in value of your vehicle? What are you comfortable spending every month? These are all questions you should be asking yourself now. Something to understand is that the value of the car you are purchasing won’t be the final cost after fees and taxes. You also have to consider other expenses like maintenance and gas.
Make sure you have thought through all of the costs you need to consider with car ownership, and think about what you feel comfortable paying. This will help you and your dealer understand where to begin looking for your next vehicle.
Utilizing a Variety of Online Tools
Luckily, your dealership offers many different tools right on their website. Here you can use the payment calculator so that you can easily determine what your payments might be and plan your budget accordingly. You will also find a KBB trade-in calculator that you can use to determine the trade-in value of your vehicle. Finally, you can apply for financing and get a pre-approval online without having to leave your home.
Using Available Assistance
Remember, you are not in this alone. Your dealership has a team of financing assistants ready to guide you through the process of getting financed. If you have any questions or concerns you should reach out and ask for help. You can shop for a new car confidently knowing that your dealership has your back.
Remember, you don’t have to go it alone. Contact us today at Porsche Chantilly, where our staff can help you get good financing on a great vehicle. We look forward to hearing from you soon!
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