Answers to Your Questions fromCarunion ! (FAQ)

What is an auto loan dealership?

An auto loan dealership is a type of dealership that not only sells vehicles but also provides financing options to help customers purchase their desired cars through loans.

What types of vehicles do you offer for auto loans?

We offer auto loans for a wide range of vehicles, including new and used cars, trucks, SUVs, and more.

How do I apply for an auto loan at your dealership?

You can apply for an auto loan either in person at our dealership or online through our website. The online application process is simple and convenient.

What are the requirements for auto loan approval?

Auto loan approval requirements may vary, but typically include factors like credit score, income, employment history, and the specific vehicle you’re interested in. We work with various lenders to accommodate different credit situations.

Can I get an auto loan with bad credit or no credit?

Yes, we work with customers with all credit backgrounds. Our dealership has auto loan options available for individuals with bad credit or no credit history.

Can I make extra payments or pay off my auto loan early without penalties?

Yes, you can make extra payments or pay off your auto loan early without penalties. This can help you save on interest costs.

What interest rates can I expect on my auto loan?

Interest rates can vary based on your credit score, the term of the loan, and the current market conditions. We’ll work to find the best rates available for your situation.

Do you require a down payment to secure an auto loan?

Down payment requirements can vary, but in most cases, a down payment is not necessary!

How long is the typical auto loan term?

Auto loan terms vary, but they typically range from 24 to 84 months. The length of the term can affect your monthly payment amount.

Can I trade in my current vehicle to reduce the cost of the new car and the auto loan?

Yes, we accept trade-ins, and the value of your trade-in can be used as a down payment or to reduce the total cost of the new vehicle and your auto loan.

What is the process for getting pre-approved for an auto loan?

You can apply for pre-approval online or in person. Pre-approval provides you with a better understanding of your budget and helps streamline the buying process.

Is it possible to refinance an existing auto loan through your dealership?

Yes, we offer auto loan refinancing services that may help you secure a better interest rate or adjust the terms of your loan.


Don’t see what you’re looking for? Contact us anytime if you have any other questions as we always strive to do our best to help our customers!