Jacksonville
Car Loans - Hanania Acura of Orange Park
Come to Hanania Acura of
Orange Park and speak to one of our financial experts. We'll create a
loan program tailored to your needs to ensure you can afford to drive
away with one of our new or used
vehicles. We can do long or short term loans, adjust your monthly
payments to fit your budget, and help you protect your investment in
your vehicle. Less than perfect credit is no problem, we'll work with
you! With our pre-approval form , you can walk onto
our lot without any financial confusion. We strive to get your financing
approved quickly so you can drive your new vehicle as soon as possible.
So for a car loan in Jacksonville, FL visit Hanania Acura of Orange Park and
let's discuss the best plan for
you!
Most car shoppers rely on
financing to purchase their desired vehicle. While some chose finance
directly through the bank or credit union, a large number of people
decide on "dealership financing". It is usually considered
more convenient to buy your vehicle and finance it at the same place,
but there are also other reasons to get your loan directly from the
dealership. Our relationship with a variety of
Jacksonville FL banks means they can offer buyers a range of financing
options. Periodically, we will offer special
programs and low-rate deals that purely finance companies do
not.
Before Applying for
Finance
There are many things you can do
to better prepare yourself before you even arrive at the dealership. Do
some research! Before you can decide what vehicle to purchase, you'll
need to have a good idea what your credit report looks like. Negative
information, such as high credit card balances or late payments, or
errors can make it nearly impossible to get credit. A poor
credit score can greatly raise your finance rate, making the vehicle you
thought was affordable suddenly out of your price
range.
Once you have an idea of what creditors are
seeing, you can estimate a prince range. Check out the internet and auto
buying guides to find vehicles that match your needs and price range.
If you have less than perfect credit or a particularly tight budget,
this step is very important.
Be sure to compare
current finance rates being offered by different banks, credit unions,
and dealerships. The worst thing a buyer can do is getting locked into a
finance plan they can't afford because they are confused or pressured.
Being knowledgeable about your options and limits is the best way to
combat this.
What is My Credit
Score?
A credit score is a three-digit
number generated by using information in your credit report. It's
designed to show creditors, like banks and finance companies, the risk
or likelihood that a person won't repay their loan and become
delinquent. The FICO credit is the most widely accepted, being
used by about 90 percent of money lending institutions. FICO scores
range from 300 to 850, where a higher score indicates a lower risk and
therefore a more favorable loan.
The largest
percentage of your credit score is your payment history, including any
delinquencies on past loans. How much you owe on other loans and
accounts is also heavily weighed. Less important, but still included in
your score, is the length of your credit history, the type of credit
you've used in the past, and the number of new credit you've applied
for. If you aren't careful, applying for credit too often can bring down
your credit score. All of these factors combine to give everyone a
unique and specific score.
Used Car
Financing
Many banks and other lenders
require a 20% down payment, making a new vehicle out of many people's
price range. Additionally, buyers with credit challenges will probably
find better loan options in the used-vehicle market. Although the
interest rate is often higher for a used car, the actual price of the
car is significantly lower and therefore gives the consumer a greater
chance of being approved for the loan.
Keep in mind,
vehicles that are over seven years old may not qualify for financing.
Also, new cars can be financed for a longer term than used cars. The
math is simple; if you finance a six year old car for 66 months you'll
be making monthly payments on a car that's over 11 years old! It's
unlikely to be a sound investment, and therefore not usually
approved.
At Hanania Acura of Orange
Park, it's fast and easy to get approved for a car loan. Come into our Jacksonville FL dealership or contact
us today and find out what we can do for you!
Your privacy is important to us.
Hanania Acura Of Orange Park takes your privacy seriously and does not rent or sell your personal information to third parties without your consent. Read our privacy policy.
Contact
Hanania Acura Of Orange Park
7200 Blanding Blvd.
Jacksonville, FL 32244
- Sales: (904) 544-3517
- Service: (904) 515-4338
- Parts: (904) 777-1008
Hours
- Monday 7:00AM to 9:00PM
- Tuesday 7:00AM to 9:00PM
- Wednesday 7:00AM to 9:00PM
- Thursday 7:00AM to 9:00PM
- Friday 7:00AM to 9:00PM
- Saturday 7:00AM to 9:00PM
- Sunday 12:00PM to 6:00PM
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