What You Need to Apply for Good Credit Auto Loans in St. Peters

July 30, 2015  

Now that you have made the decision to purchase a pre-owned vehicle it is time to determine whether you will pay with cash or apply for one of the numerous good credit auto loans in St. Peters. It is often better to utilize financing options than give away all of the cash you have worked hard to accumulate.

What You Need to Apply for Good Credit Auto Loans in St. Peters

There are 4 critical factors to consider before you even visit a used car dealer to buy from the large selection of “new-to-you” pre-owned trucks for sale and other vehicle types. Preparation in advance can result in saving a great deal of time and money.

  1. Your first step is to carefully examine the amount that you can afford to pay each month. Create an all-inclusive list of your current debts, including food and entertainment. This enables you to feel less pressure from a sales person at the car lot who is trying to force you to spend more than you are able. Remember that the price of the car is only part of the picture. Auto insurance, fuel, service and maintenance fees and financing costs must be evaluated, as well.
  2. Inquire at your bank and look online for current interest rates.
  3. Request a copy of your credit score. The higher your score, the better your interest rate will be, since this shows the dealer you are a reliable source for credit repayment.
  4. Gather documents like mortgage or rental papers, employment verification, etc. to complete your application quickly.

Call 5 Star Auto Plaza at (636)940-7600 to talk with one of our staff about good credit auto loans in St. Peters.

 

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5 Star Auto Plaza

5 Star Auto Plaza Review

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    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
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    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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