Ask a Finance Expert: Car Financing FAQs
No matter if you’re looking for your first car loan or you want to upgrade to a new Jeep SUV or Ram truck, considering all your auto financing options is important. At Taylor Automotive, we have a knowledgeable finance staff that can answer all your car-buying questions. Learn more auto loan interest rates, no credit car loans and more with the financing experts at our Chrysler, Dodge, Jeep and Ram dealership near Union City.
We look forward to helping you upgrade to the new or used car you’ve always wanted!
Taylor Automotive Financing FAQs
It’s important to use your available credit wisely,make on-time payments,keep credit card balances lowand try to apply for shorter term loans when possible.
Sometimes a car loan can be approved with zero down. A best practice is between 10% to 20% down.
There are several additional costs when buying a new car such as taxes, registration and licensing, documentation fee, any changes in insurance premiums, and any extended coverage that you choose to purchase.
We have an onlinevalue your tradetool that you can use to get an estimate of your used car’s value. When you’re ready, we suggest youschedule an appointment with our service teamfor the most accurate trade value.
Yes, but there are other factors including term, vehicle age, loan to value and more.
Yes, we have programs available to customers of all credit situations.
Possibly, we do haveprograms for low to no credit customers. Sometimes, a cosigner or down payment will be necessary for approval.
We recommend the shortest term possible that fits your budget. The sweet spot seems to be 60 months, but 72-month loans are a great option as well. We do have lender programs available with terms up to 96 months for well-qualified buyers.
Yes, most of the time we can. Also, when customers get pre-approved for a loan it gives us important information so we know what it takes to ensure the customer is getting the best rate available to them.
Yes, a lot of the times customers may be able to refinance their loan if there is a better option after making payments on the car for one to two years at minimum.
Yes, we work with industry leaders and have many different coverages and terms available for a majority of the vehicles on our lot.
If you have any more questions about Jeep financing or car loans in Tennessee, don’t hesitate to contact Taylor Automotive. We look to helping you upgrade to the dream Ram truck or Dodge SUV you’ve always wanted!
