Mitsubishi Auto Financing

April 15th, 2019 by

Here at Mitsubishi Store Clarksville, we pride ourselves in offering drivers in the Clarksville, IN area with the best Mitsubishi models like the 2019 Mitsubishi Eclipse Cross, as well as the best parts and service. However, we want to help drivers during the car buying process as well.

That’s why we want to give a quick breakdown of applying for a car loan. Car loans are similar to other types of loans, but if you haven’t applied for one before, the process can seem complicated. We’re here to uncomplicate that process.

Before applying for a car loan, you’ll want to get an idea of your credit. By checking your credit score and ensuring that your credit report has no errors, you’ll both speed up the process and be able to figure out what kind of interest rate you’re looking at getting.

Once you’ve ensured your credit is in order, you’ll need to figure out your budget and pick your payment. During this phase, you’ll need to figure out what you can realistically afford each month, factoring in tax and interest. By learning what your budget is, you can pick the correct loan term for you. Loan terms typically come in 3-, 4-, 5-, and 6-year terms.

With your budget set, it’s time to get pre-approval for your loan. We recommend getting pre-approved because it allows you to shop with confidence. Pre-approval means that you’ll know how much of a loan you’ll get.

Finally, it’s time to visit our Clarksville Mitsubishi dealership to shop around for your next car. Our friendly sales staff is happy to help you get started on your loan and show you all the available models that are right for you. Visit us today at 1590 Greentree Blvd.

Posted in Mitsubishi News