Search for the Best Car Loans in St. Charles

February 18, 2017  

car loans in St. CharlesThere is more to shopping for a used auto than just finding the most reliable vehicle. Actually, there is a lot more. It also pays big time to shop for the most affordable car loans in St. Charles. It is definitely in your best interest to search for financing before doing your vehicle search. All dealers differ in their rates for financing, depending upon the particular financial situation, the time of year, specials they may be offering and location.

Keep these tips in mind when conducting research for auto financing and pre-owned vehicles:

  • The most important number in the financing game is the APR or annual percentage rate. You want the lowest possible APR to save the most money over the term of the loan.
  • While a longer term loan certainly has appeal, as your monthly payments are lower, it saves you money in the final financing costs to have a shorter term loan. Keep your loan term as brief as you can reasonably afford. Note that a longer loan takes more time to build equity. If you decide to sell the car too early, you will not be able to cover the amount still owed.
  • Paying the largest down payment possible will definitely be to your advantage. The majority of experts recommend fronting at least 15% of the total vehicle cost with cash, trade-in or a combination of the two.
  • If your credit rating is not quite where you would like it to be, shop for a dealership that is willing to provide auto loans with poor credit. Your interest rate will be higher, but you will be able to purchase a vehicle to satisfy your transportation requirements.

Visit 5 Star Auto Plaza or give us a call at (636)940-7600 to explore your options for car loans in St. Charles and a dependable vehicle at a great price.


5Star auto plaza Review

5 Star Auto Plaza

5 Star Auto Plaza Review

  • 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
  • St Charles Auto Dealership

    Review Your DealerExcellent, top notch service! We were treated with respect and they listened to our needs 100%- Will be back Read More
  • St Charles Trucks For Sale

    Review Your DealerI am glad I chose 5star Auto Plaza for my vehicle purchase. Read More
  • St. Charles Auto Loans

    Review Your DealerReally good people who are out to help people get in position to help themselves. Read More
  • St Louis Cars For Sale

    Review Your DealerGreat person to help with purchasing a car. Friendly and very professional. Thanks for all the help. Read More
  • St. Louis Bad Credit Auto Financing

    Review Your DealerChris King was very informative about establishing my credit. Very informative on credit building. I was very pleased with customer service in the entire building. They kept me laughing. 5 Star Auto Plaza, you ROCK! Read More
  • At 5 Star Auto Plaza, we believe buyers should have expectations.

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