Tate Branch Artesia

What is Guaranteed Car Finance?

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We here at Tate Branch Artesia knows that life happens, and sometimes your credit could use some work. If you’re searching for a new vehicle, guaranteed financing near Roswell could be a viable option. Before looking up guaranteed finance dealers in your area, read more about this payment option, and reach out to the Tate Branch Artesia finance department if you’re interested in getting started!

How Does a Guaranteed Finance Plan Work?

Guaranteed car financing is a type of auto loan that’s usually available at most in-house financing dealerships because it introduces the possibility of vehicle purchases to more people – regardless of credit history. A guaranteed car finance plan doesn’t require a credit check. In-house guaranteed car finance dealers will use your income to help you determine what you qualify for. Minimum income requirements are typical for dealers, so you’ll need to meet baseline criteria before you’re able to move forward. Learn more about new vehicle specials in Artesia.

In-House Financing Can Help Build Credit!

Yep, you read right! Major credit bureaus receive report payments from most in-house financing dealerships. If you make your payments on time, they’ll build up your credit report resulting in a better score in the future. Get the car you need and build up to the credit score you want, at the same time, with guaranteed car financing. If you’re concerned about building credit, be sure to ask if the dealer reports to the major credit bureaus.

Benefits of Guaranteed Car Finance near Artesia

Guaranteed car financing can be a convenient and hassle-free option if your credit isn’t the best. You can get pre-approved for a vehicle and drive off the dealer’s lot, all on the same day. You’ll need to meet the necessary requirements, show the appropriate paperwork, and make a down payment on the vehicle. However, our list of requirements to begin guaranteed car financing at Tate Branch Artesia should clear up any confusion:

  • A list of personal references
  • Proof of residency
  • Down payment (prices can vary; consult our payment calculator to learn more!)
  • Recent pay stub
  • Minimum income of $1,500 to $2,000 a month

Learn More About Car Financing at our Artesia Dealership!

When you are ready to buy a new car, credit should never be an obstacle to getting the vehicle that you and your family need. Contact the Tate Branch Artesia team with any further questions, or if you live near Clovis or Ruidoso, stop on by today! See what other finance solutions we can provide you. Find out which is better for you, leasing or buying a new car or the new Jeep Grand Cherokee L!

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