There’s nothing like the feeling of driving off the lot of Herb Gordon Subaru in a new or pre-owned Subaru car. However, first, you need to get approved for an auto loan, assuming you are not paying in cash or with a check.
Here in our Subaru finance center, our team of finance professionals does everything in their power to get you a loan that matches your needs. However, there are also some steps that you can take in order to get approved for an auto loan.
Determine Your Budget
When you purchase a new Subaru car, it is advisable to not bite off more than you can chew finance-wise. To increase your odds of getting approved for the loan, come up with an amount that you can afford to pay every month for a car. If you need some help determining how much you can afford, utilize our car payment calculator on our website. Simply insert the price of the desired vehicle, your down payment, estimated APR, and loan term. The tool will then tell you the estimated monthly payment.
Check Your Credit Score
Your credit score is one of the biggest factors that goes into the interest rate that you’ll be paying. If you have poor credit, our finance center can still help you obtain an auto loan, but you will likely qualify for higher rates than if you had had better credit.
Get Pre-Approved
Here at Herb Gordon Subaru, you can apply for a loan right on our website. Getting pre-approved means that a lender has given you a quote for the loan, which typically includes the loan amount up to a certain dollar amount.
Apply for a Subaru loan today at Herb Gordon Subaru.
