While some Virginia Beach car buyers can afford to pay for a new Nissan car upfront with cash, the majority need to take out a loan. Whether you are new to buying a car or have gone through the process before, car financing can be a tricky subject.
At Hall Nissan Virginia Beach, we have a helpful and friendly team of finance professionals in our Nissan finance center. Here is a quick overview of how to apply for financing when you buy a new Nissan car, SUV, or truck.
Before Visiting Our Dealership
Before even visiting our dealership to take out a loan, there are a few things that you should do.
- Check your credit score: Your credit score is one of the main determinants of the length and the amount of your car loan. Though we provide loans to people with bad credit or no credit, it is a good idea to have an idea of what your credit score is so you know what to expect in terms of the interest rate.
- Understand how a loan works: The amount that you first put down on your auto loan is known as the down payment. The APR is your Annual Percentage Rate, and it is the interest amount that you will pay in addition to your monthly loan payments. Finally, the loan term is how long it will take for the loan to get repaid.
Car Finance Center
Once you have determined that you want to take out an auto loan, visit our finance center. You can take a minute to use our Nissan payment calculator, and then you can apply for a loan right here on our website.
To learn more about car financing, reach out to our dealers today.