Buying a car should be an exciting process unhindered by the stress that comes along with navigating the finance options. That’s why we at Rick Hendrick Buick GMC are here to walk you through each step of applying for auto loans and picking the lender that will work best for you. We are committed to giving you all of the information you need, allowing you to make an informed decision and drive off our lot with the car of your dreams.
To best prepare for the auto loan application and decision-making process, there are some steps you need to take. When you are getting ready to purchase and finance a new car, start by doing these three things:
Before applying for an auto loan, it’s a good idea to check your credit score and make sure there are no errors or inaccuracies that could affect your eligibility. If you do find issues, you can dispute them and get your score corrected. The better and more accurate your credit score is, the more likely you are to get approved for a low-interest loan.
When considering an auto loan, it is important to look around at what different lenders have to offer. As you shop around, you will see a variety of different interest rates and loan terms. By doing thorough research, on your own or with our team, your chances of getting the best loan possible are increased. When it comes to financing, one of the most important steps is certainly research.
The final step in the pre-application process is to gather all of the necessary documentation. When you apply for an auto loan, you’ll need to provide lenders with your driver’s license, proof of income, and likely proof of insurance. Gathering all of these documents ahead of time will help you to be best prepared throughout the process.
Once you have all of your research done and your documents together, you will need to fill out the application above. Start by entering basic information such as your name, email address, and phone number. In the second step, confirm your previously entered details, provide your date of birth, and add a co-applicant, if you have one.
In the following steps, you need to provide your address, your driver’s license number, and all of your income details. If you know the vehicle you are looking to finance, you can fill out that information in step four. Finally, in the fifth step, review your entire application, confirm all of the details are accurate, and click ‘submit’. From there, we will take your information, work with our lending partners, and then present you with your best options. It really is that simple.
Are you ready to get behind the wheel of a new vehicle? Do you want to work with a dealership that will not only find you the right car, but also the right financing? Contact us at Rick Hendrick Buick GMC or fill out the auto loan application above today. We look forward to getting you into the best vehicle at the best rate out there.