Financing Your First Vehicle

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When you first get your license, it’s pretty typical that your parents will pass along their old car or help you buy something used. A few years later, that car finally bites the dust, and it’s time to find something on your own. While you can buy great used cars from dealerships like Moreno Valley Ford, it’s possible for you to get something brand new, even if you don’t have the cash on hand to buy it outright.

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If you’re curious whether or not you’re eligible to finance a new car purchase, you can visit www.racewayford.com and fill out a quick assessment in order to be prequalified before you even set foot on the dealership’s lot. The finance application is relatively quick and easy and can save you a trip to the dealership. You’ll provide your basic information and the model of car you’re interested in financing. Once your application is processed, you’ll be able to view your credit score to find out what type of financing you qualify for.
Financing a new car is a great way to afford something you need when you don’t have cash immediately available to pay outright. You’ll be able to buy the car you love over time, paying a portion of the car’s cost each month, along with interest on your loan. Interest can be very low and can make this an affordable option for anyone who has good credit history. Those with limited credit history can usually still qualify for a loan, as long as they have a co-signer with a lengthier history. These types of loans also help you build up your credit history over time, provided you make your payments on time. Find out today if you’re eligible to finance a new or used car from your local dealer.


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