Are you in the market to purchase a new or pre-owned vehicle? Whether you are a first-time buyer or ready for an upgrade, auto financing can be overwhelming. At Champion Chrysler Jeep® Dodge RAM FIAT, we aim to make the process as easy and stress-free as possible with our friendly, knowledgeable finance team. To help you get started, here are some key things to know.
Step One: Check Your Credit
Your credit score is extremely important in loan qualification. Your credit score is a reflection of your financial history and is expressed as a number between 300 and 850. A “good” credit rating typically starts at 700. It’s smart to get an idea of where you fall before you apply, as it can affect approval.
Step Two: Pick Your Payment
You’ll need to determine what you can comfortably afford on a monthly basis. Feel free to use our payment calculator tool to understand what a loan amount will look like as a monthly payment. Your monthly payment depends on how much you borrow, your interest rate, and how long your loan term is.
Step Three: Get Pre-Approved
You can apply for your loan online at Champion Chrysler Jeep® Dodge RAM FIAT. You’ll be able to see your results in just minutes! One of our financial representatives will then get in touch for next steps.
Step Four: Choose Your Vehicle
Once you have been pre-approved by our finance department and have determined your overall budget, it’s time to find your new or pre-owned car, truck, or SUV from our vast inventory.
If you have any questions, please give us a call at 562-382-8328. Drop by our Downey, CA Dodge dealership today to browse our new and pre-owned inventory and chat with our finance team!
