Finance

A new car is a major purchase. Navigating the complexities of auto financing can be intimidating for first-time buyers. We’ve put together this guide to help demystify the process. 

Auto Financing Information

The first step to getting the best auto financing is to understand the terms. Here are the key concepts you’ll need to know.

1. Interest Rate: This is the cost of borrowing money. You’ll pay a certain percentage of the purchase price in interest. Your credit score has a big influence on your interest rates. Lower rates mean you’ll spend less over time.
2. Loan Term: This is how long you have to repay the loan. For auto purchases, loan terms are typically between 36 to 72 months. Longer terms lower payments, but increase the total amount paid in interest.
3. Down Payment: This is an upfront payment you make towards the total cost of the vehicle. A larger down payment reduces the amount you need to finance and lowers your monthly payment. It also may lower your interest rate.
4. Monthly Payment: This is the amount you’ll pay each month for your loan. Be sure not to agree to a larger monthly payment than you’ll be able to comfortably afford.

Get Pre-Approved Online

It’s easier to find your dream car if you know what you can afford ahead of time. Pre-approval is a great way to do this. Seaside Chrysler’s website has a convenient pre-approval process that allows you to know your budget, negotiate better, and purchase faster. Simply fill out the online application and our finance team will get back to you with your loan options.

Financing For Everyone

At Seaside Chrysler, we want everyone to drive the car of their dreams. While we can’t help you afford a car that’s not in your budget, we can help you get financing for the ones that are. Our financing options cover a range of needs:

1. Good Credit: If you have good credit, you should qualify for the best interest rates and loan terms. For those with good credit, we offer the most competitive rates available. 
2. Bad Credit: Bad credit makes it harder to get a loan, but not impossible. We have programs designed to help customers with bad credit get financing so they can get a vehicle and rebuild their credit.
3. First-Time Buyers: If you’re buying a car for the first time, we’ll guide you through the financing process and help you determine what fits in your budget. 

Why Choose Seaside Chrysler

Not all dealerships are created equal. In fact, some car salesmen have given the whole industry a bad name. You won’t find those salesmen at Seaside Chrysler. Instead, you’ll find a team of professionals dedicated to making your purchase as pleasant as possible. Here’s how our finance department stands out:

1. Experienced Finance Team: Developing a deep understanding of the auto financing landscape requires years of experience. Our finance team has that experience. They’ll work with you to find the best loan options and make sure you understand everything you’re signing up for. 
2. Customer-Centric Approach: At Seaside Chrysler, we understand that we’d be nothing without our customers. We’ll listen to your needs, answer your questions, and go out of our way to make your financing experience as smooth as possible.
3. Transparent Process: There’s nothing shady about our practices. You’ll get clear and straightforward information about your financing options. At no point will you be shocked by hidden fees or other surprises.

Stop By Today And Check Out Our Lineup Of New And Used Vehicles

Whether you get preapproved or apply when you come in, you’ll find a nice selection of new and used vehicles at Seaside CDJR. Contact us today to see what we have in stock.