Finance Center

Welcome To Our Finance Department

Sales: Closed Call us at: 763-330-1800

Auto Loan Financing Tips

If you’re looking for a reliable pre-owned vehicle, Drive Appeal has the inventory and selections you’re looking for. Much like financing a new car, you can choose one of our used car finance options that best meets your existing budget.

Whether you’re considering auto loan financing or car leasing, our finance experts can walk you through each to provide the most information possible. Learn more below and contact us or reach out at 763-330-1800 with any questions.

How Do Used Car Finance Options Work?

An important step with auto loan financing is to apply for your loan and get pre-approved as soon as possible. The dealership will look at specific factors when you apply, including:

  • Loan Amount
  • Credit Score
  • Loan Length
  • Your Debt-to-Income Ratio
  • The Vehicle’s Age

Another important aspect of used car finance is the length of the loan you’ll be choosing. When it comes to auto loan financing, you’ll have the option to select between short and long-term loans, which each have their respective benefits:

Short-Term Loan Benefits

  • Less Interest
  • Easier Refinancing
  • Faster Pay-Off

Long-Term Loan Benefits

  • Lower Monthly Payments: In a longer-term loan, you will spread your vehicle’s total cost over a lengthier period. The result is that you will pay a smaller monthly amount during any loan.

Remember, if you have used car finance questions or would like more specifics about both auto loan financing choices, we’re only a call away.

Why Choose Drive Appeal?

Whether it’s financing a pre-owned vehicle or car leasing, Drive Appeal is the place that can handle it all. Over the years, we’ve helped many buyers and beyond find used models that best meet their needs and budget. In addition to our vast selection of vehicles from Mercedes-Benz, Nissan, etc., we’re also happy to offer you:

We strive to work with every customer to ensure their satisfaction. Save time now by using our quick pre-qualifying form to qualify for one of our finance programs. We are always happy to answer your questions about car leasing and auto loan financing, so please don’t hesitate to contact us today!

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Drive Appeal 45.03226735812142, -93.37821008861728.