Financing may seem like the most difficult part of getting a new Ford vehicle, but it doesn’t have to be. Oftentimes, it gets overwhelming because people don’t completely understand the process. Visit our Ford dealership near Encinal, TX to see just how simple it can really be. Here are a few tips to help.
Check Your Credit Score
Your credit score affects all the major financial decisions you’ll make in your life – and buying a new vehicle is no exception. It’s a good idea to know your credit score; the higher your credit score is, the more options in terms of lenders and interest rates you have. A lower interest rate essentially means a cheaper car since you’ll pay less over the term of the loan.
Set Your Budget
Before determining just how much of a new vehicle you can afford, you need to decide how much each month you can pay. Need help? You can chat with our Ford finance center to help you estimate what your monthly payments would be, whether you’re looking at a new Ford F-150 or a Ford Escape. We can also help you determine the value of your trade-in so you know what type of down payment you have (or may need).
Want to save a step? You can easily get preapproved for financing on our website. That way, you know ahead of time if you’re approved for a new vehicle and for exactly how much. All from the comfort of your home.
Have more questions? Visit Sames Ford at 6001 San Dario Avenue in Laredo, TX to chat with our financial experts. Don’t let the financing process overwhelm you, we’re here to help.