Securing Good Credit Auto Loans In St. Charles
December 12, 2018
While your choices for a pre-owned vehicle and a less-than-favorable credit score can sometimes be restricted, there are unlimited opportunities for individuals with a stellar credit rating. Good credit auto loans in St. Charles can be found at all dealerships, whether they sell new or used vehicles, as they are eager to get your business. A little preparation before you go will ensure that you get a great deal on a premium car. Gather a list of questions to ask your sales specialist and loan officer:
- Tell me the lowest interest rate that I can qualify for.
- What is the current APR or annual percentage rate? Is it static or will it change?
- How can I lock in the interest rate? What do you need from me?
- What is the term of the loan?
- What kind of down payment do you expect?
- How much will my monthly payment be – exactly?
- What is the date for my initial loan payment? Is there a grace period?
- Will I be penalized for pre-paying the loan?
- Do you offer options for those with poor credit, like no down payment auto loans after divorce?
- Please list the loan fees for me and explain what they are for. Can any of these be reduced or removed?
While this list certainly does not cover everything, it can really help you to make certain that there are no surprises involving your used car purchase.
The knowledgeable sales team at 5 Star Auto Plaza is ready to match you with a trustworthy pre-owned vehicle that meets all your transportation needs and supply affordable good credit auto loans in St. Charles. Contact us at (636) 940-7600 for additional information.