We know that a new car can financially burden students and young professionals. With Dodge financing, you can get the vehicle you need with comfortable monthly payments. Heritage Chrysler Dodge Jeep® RAM Harrisburg shares tips to help you secure financing for a new car.
Check Your Credit Score
Your credit score can be a significant factor when applying for financing, although many young adults haven’t established a great score yet. We encourage you to check your score before you apply to see if it’s an issue. If your score is a concern, consider a co-signer who can vouch for your ability to pay your loan.
Get Pre-Approved
A pre-approval can help to take the guesswork out of financing. You can even conveniently apply from home before you even visit our dealership. Not only does it help you determine if you’d be approved or not, but it also provides an estimate on your payments and rates, so you know what to expect.
Set a Budget
Even if you are pre-approved, that doesn’t mean that a vehicle is within your budget. It’s important to look at your existing expenses, as well as your income. Generally, it’s best to keep your auto payment under 10 percent of your take-home pay.
Get Auto Insurance Quotes
Auto insurance rates are often higher for young adults, especially students. It’s a good idea to shop around for insurance to find the best rates. Remember, you can’t buy a vehicle without insurance, so you’ll need to tackle that before you shop.
Apply for Dodge Financing in Harrisburg, PA
There’s no need to stress about financing a new car. Our financial experts at Heritage Chrysler Dodge Jeep RAM Harrisburg are here to help every step of the way. Stop in to get started today!