Qualify Now for Military Auto Loans in O’Fallon
May 3, 2016
When you need financing in order to purchase a home or vehicle, it pays to do your homework in advance to ensure that you get the best deal possible and save as much money as you can. If you have a significant record of military service, it can be to your advantage to utilize that connection to apply for military auto loans in O’Fallon.
Auto dealerships are typically happy to offer financing to current or retired military members of the Armed Forces. Benefits of this type of loan include a low down payment (or, possibly, none at all), a low interest rate, any type of credit history, low monthly payments over a longer period of time and even a no down payment auto loan after default.
Eligibility for a military auto loan requires proof of either active duty or a retirement of 20 years or more. The application process is simple – it can even be completed online – and a quick approval is standard. If you are not readily available due to your service location, the person designated as your power of attorney can complete the process your you in your absence.
5 Star Auto Plaza is proud to offer military auto loans in O’Fallon to present or former service members in the Army, Navy, Air Force, Marines and Coast Guard. Please call us today at (636)940-7600 to discuss options for affordable auto financing and stop by to take a look through our extensive inventory of a variety of vehicles in every price range.