Down Payment

HOW MUCH MONEY DO I NEED TO PUT DOWN TO BUY A VEHICLE?

This is one of the first questions in your mind once you land on the perfect car for you!

There are many factors involved when a bank determines this for you:

• Personal credit history
• Debt to income ratio
• If the vehicle is New, Used, or has a Manufacturer Certification
• The price of the vehicle
• What the Loan Value of that particular vehicle is
• The mileage, trim level, and features of your vehicle of choice

The process of approval and money down is not something that can be determined by simply knowing what car it is or knowing your credit score. As a lender the financial institutions like to receive a full snapshot of the customer and the vehicle being considered for purchase.

WE HAVE GOOD NEWS!

This is no reason to stress this means that no lender here at Sunrise Collierville will judge you on just one thing. We are here to help and have different lenders designed for different customers because each person has a unique situation! Whether you are looking for a competitive interest rate, no money or the lowest money down available, rebuilding credit, or just trying to get started we can accommodate your needs!

Click here to APPLY FOR FINANCING NOW. We will be in contact shortly after we receive this information to discuss the details and get the process started to find the best option for you!