Car Finance 101 at Classic Toyota

Sep 11, 2017

Ready to get behind the wheel of a 2018 Toyota Camry, a 2018 Toyota C-HR, or another vehicle from our Waukegan, IL Toyota dealership? When considering the purchase of a new or used vehicle, most individuals have to rely on financing to make their dreams a reality. Most people have questions about getting started with the financing process, and have a great deal of stress surrounding their future experience. Thankfully, we make financing your vehicle as simple as possible.

Assess Your Current Financial Situation

Do you know what your credit score is? How much money have you set aside to use as a down payment? What kind of monthly payments are you hoping to have? These are all questions you should be asking yourself before selecting a car, truck, or SUV. Having an accurate picture of your current financial situation will make it easier to communicate your needs, create realistic expectations, and allow you to make the smartest purchasing decision possible.

Want to know an estimate of what your payments will look like each month? Before ever setting foot in our finance department, you can use our online payment calculator to preview what your monthly payments might look like based on purchase price. Alternatively, you can use your desired monthly payment to check your buying power.

Get Pre-Approved Online

After getting a clear idea of where your credit stands and what you are looking to spend, it is time to take the next step by getting pre-approved online. Getting a pre-approval is quick and easy, and will help you be as prepared as possible when you begin looking for your next vehicle. Even if your credit score is less-than-perfect, we’re committed to finding you the right financing option.

Visit Our Finance Department

Once you’ve followed the steps above, it is time to see us! When you plan your visit to our Toyota dealership near Gurnee, our team of experts will be ready to help you finance your next new or used Toyota vehicle.