Keesee Motor Company
Answers Your Auto Loan FAQs!
Here at Keesee Motor Company, we know the auto loan process can seem daunting. However, when you work with seasoned professionals like the team at our Ford dealership near Moab, it becomes a whole lot simpler. Our dedicated Ford finance specialists are committed to matching every customer with the perfect auto loan plan for their lifestyle, ensuring a seamless car-buying experience.
Whether you want to finance a used Ford near Moab or secure a truck loan on a new F-150, we can assist with it all at Keesee Motor Company. Check out our car loan FAQs below and contact us with any other questions that pop up along the way!
Ford Financing FAQs
Regardless of the new Ford truck or used SUV you're looking at, our Cortez Ford financing specialists will do all they can to get you the keys with a payment plan you can easily keep up with. Learn more about the car loan process below, and let our team know if you want any other information!
How much of a down payment do I need to finance a car?
The down payment you have to make is based on several factors, including the vehicle, the lender's requirements and your credit score. Generally speaking, putting down at least 10% of the vehicle's purchase price is recommended. Some lenders may require a larger down payment.
How can I find the value of my trade-in?
You can use online resources such as our website's value your trade tool to see how much your car is worth.
Does my credit score impact my car loan rate?
Yes, your credit score greatly impacts the kind of car loan rate you're eligible for. Typically, the higher your credit score, the lower the interest rate you will be offered. A lower interest rate can help you save money over the duration of the loan period.
Can I still finance a car with no credit history?
Yes, you may still be able to finance a vehicle without credit history. However, it may require a qualified co-signer or larger down payment than otherwise would be needed if you had a good credit score.
What's the best length for a car loan?
The best length for a car loan depends entirely on your unique financial situation. Shorter loan terms generally come with higher monthly payments, while longer loan terms usually have a lower monthly payment but cost more in interest over time.