If you are seeking out financing for a used car at Chip Wynn Motors, arm yourself with knowledge to make sure you understand how the loan works. Here are some frequently asked questions about used car financing.
What do I need for my car loan?
Lenders will typically get your personal information, including your credit score and your income. They will also need information about the vehicle you are purchasing at Chip Wynn Motors.
How do I get a good rate?
The easy answer: Shop around. Don’t just settle for the first rate you are offered from your personal financial institution. Check a few other institutions as well. However, Chip Wynn Motors also offers auto financing, and we can typically get you the best rate—so don’t forget to compare the rates to the ones we can offer you.
What key terms should I know?
When you buy a used car, you may hear us or your lender throw around terms that sound like a foreign language. Be sure to review these common finance terms before coming in to make sure you are on the same page—or just ask us to explain what we’re talking about. We want you to feel comfortable at every step of the process.