Key Points for Successful Auto Financing in St. Louis

December 13, 2017  

Auto Financing in St. Louis

To successfully buy a used car, you need several factors to go your way: select the appropriate vehicle for your needs, negotiate the best price and pay for your purchase with affordable auto financing in St. Louis. A car loan can help you buy a vehicle that exceeds your cash budget. When you borrow astutely, you will spend much less on your auto and you will be able to swap out vehicles and pocket the difference within a few years’ time.

It is always a smart choice to plan for a loan before you even start looking at autos. This will allow you to get both a car and a loan that meets your requirements. If your credit is not quite up to par, it gives you a chance to increase your score. Additionally, you can rebuild your credit with a car loan.

Keys to a productive vehicle purchase:

  1. Well-managed credit. You will be approved for a loan if your credit score and your income determine meet the guidelines set by the dealer. A higher credit score equals a lower interest rate. Know your credit rating in advance by viewing your credit report.
  2. Establish your auto budget. This should cover the down payment, monthly loan payments, insurance, taxes and fees, routine maintenance services and fuel.
  3. Instead of focusing only on a low monthly payment, take all features into consideration: monthly payment vs. purchase price, total cost with interest, length of loan, size of down payment, etc.

5 Star Auto Plaza is ready to help you find a great used car and secure auto financing in St. Louis that you can afford. Call us at (636)940-7600 to learn more.



5Star auto plaza Review

5 Star Auto Plaza

5 Star Auto Plaza Review

  • St. Charles Used Cars

    Review Your DealerThey did me a great deal by working with  me on my trade in. I got into something I actually wanted and didn’t break the bank. Read More
  • St. Charles Used Cars

    Review Your Dealer5 Star Auto Plaza even won my husband over with their sales techniques. There was no high pressure tactics or belittling us. I was also impressed with all the clean cars and their selection. I would go back without hesitation. Read More
  • Chesterfield Used Cars

    Review Your DealerI made an appointment at 5 Star Auto Plaza. They showed me the car and gave me a test drive. They were  very friendly, courteous, and didn’t try to hard sell me. The car sold itself, yet they made the experience easy. Read More
  • St. Louis Used Cars

    Review Your DealerI found the gentlemen  I dealt with at 5 Start Auto Plaza quite respectful and seemed to really have my best interest at heart . My salesman really worked with me on picking out the perfect car for me. I appreciated the personalized approach he offered. Read More
  • O’Fallon Used Cars

    Review Your DealerDidn’t have to go through a big deal on getting a deal. I told them what I thought the car was worth and they worked with me to get me there. Read More
  • St. Peters Used Cars

    Review Your DealerI  wanted a new car for myself so I started checking out some cars online. I found a Lexus LS430 and decided it was the perfect car for me, I just needed to find the right priced one. I found one at 5 Star Auto Plaza, they worked within my budget and I got the car [...] Read More
  • St. Louis Used Cars

    Review Your DealerThey gave me a great price on my trade in and the overall price was very fair according to blue book. I am more than pleased with how the service was here. Read More
  • St. Charles Used Cars

    Review Your DealerFriendly faces and attitudes made all the difference for me from past experiences. They even detailed my suv upon delivery. Great experience. Read More
  • St Charles Used Cars

    Review Your DealerLast summer I purchased a F150  from these guys.  After looking at several local dealerships, I found 5 Star Auto Plaza had the best prices, they had honest sales people and a great selection.  My truck is a great, it runs perfectly and it we absolutely love it!   Read More
  • St. Louis Used Cars

    Review Your DealerRecently after filing for a bankruptcy, our SUV broke down so we need a new family car.  We were really concerned after being turned down by another local auto dealer and our bank for a car loan due to our lack of credit after the bankruptcy.  We were truly elated to find 5 Star Auto [...] Read More
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