Financing FAQs
Straight answers to the questions we hear most. Still stuck? Call us or have a finance rep reach out.
Do you do in-house financing or buy here, pay here?
No, we’re not a buy-here-pay-here or in-house lender. We arrange your financing through outside lenders: credit unions for competitive rates, plus Credit Acceptance, Westlake Financial, and Western Funding for a wide range of credit situations, including bad credit.
Can I get approved with bad credit or no credit?
Often, yes. We work with credit unions and lenders that handle every credit situation good, bad, or none. Approval and terms are up to the lender and depend on factors like your income and down payment, but we have options for a wide range of situations and shop your application to find the best fit.
Will applying affect my credit score?
The full online application includes a credit check, which can cause a small, temporary dip, that’s normal for any auto loan. If you’d rather not start there, choose “have a finance manager call you.” That’s just a contact request, so no credit check is run to get the conversation started.
Do I need a driver's license or Social Security number?
No driver’s license is required, and we accept an ITIN (Individual Taxpayer Identification Number) in place of a Social Security number, so you can still get financed without either. Bring whatever ID you have and we’ll work with it.
What do I need to apply?
Nothing, there are no documents required just to apply. Approval comes first; documents come at purchase, and what’s needed depends on your credit and the lender. Some buyers are asked for proof of income, proof of address, or references, while strong credit sometimes means just a driver’s license. We’ll tell you exactly what your approval requires.
Do you offer first-time buyer programs?
Yes, through some of our lenders. These programs are built for buyers with little or no credit history, and eligibility usually depends on the vehicle, newer cars with lower mileage are the most likely to qualify. Ask us and we’ll point you to the vehicles that fit.
How much do I need for a down payment?
It depends on your credit and the lender. Some approvals come with $0 down; others ask for a down payment to reach the terms you want. A larger down payment, or a trade-in applied toward it, usually lowers your monthly payment and can strengthen your approval.
What interest rate will I get?
It depends on your credit, the lender, the term, and the vehicle, so there’s no single rate for everyone. We work with credit unions, which often offer the most competitive rates for qualified buyers, plus several finance companies for other credit situations — and we shop your application to find the best rate you qualify for.
How long does approval take?
Usually fast, many applications get a decision the same day, sometimes within minutes. More complex situations can take a little longer, and a finance manager will keep you updated along the way.
Can I use a trade-in or add a co-buyer?
Yes to both. A trade-in can go toward your down payment to lower what you finance, and adding a co-buyer, like a spouse or family member, can sometimes help you qualify or improve your terms.
Does financing with you help build credit?
It can. Your lender reports the loan to the credit bureaus, so paying on time each month can help you build credit over time. Results vary by lender and your overall credit picture.
Do you finance rebuilt or branded titles?
Often, yes we can finance many vehicles with branded or rebuilt titles even when a bank won’t, depending on the lender and the specific vehicle.
