St. Peters Area Military Auto Loans This Holiday Season
December 6, 2022
The holiday season is a time to enjoy with friends and family and take care of yourself. The last thing anyone wants is to worry about getting another vehicle due to issues with financing. You need a car to bring you to appointments throughout the year, take the kids to school, and handle daily tasks. Should you find that you need a vehicle upgrade this holiday season, 5 Star Auto Plaza has an excellent selection to choose from. We also offer St. Peters drivers great options for military auto loans so that active duty and retired military personnel have fair, affordable payments.
Why Military Loans Matter
If you are on active duty, retired military, or in the reserves, you need a vehicle like everyone else. Should you struggle with poor credit, you may have issues believing you can qualify for a car loan with decent rates. The great news is that military auto financing programs are there to help with the car buying process. However, looking for the proper funding on your own can be a challenge. 5 Star Auto Plaza is here to help with our in-house finance team and excellent financing options!
Several advantages set military car loans apart from all the rest of the loan options civilians qualify for. Military financing is different because most of the loans are available with the following:
- Longer loan terms
- Lower down payment requirements
- Lower interest rates
- Special discounts
- Easier approval
Often, lenders view military service as a kind of collateral as they know wages for such services are guaranteed, thus meaning the loan payments are also. Due to this stability, military car loans are usually processed and receive approval quickly.