1Dealer Discount applied to everyone.

For many people, finding the perfect vehicle is only the first step toward purchasing a new car. Unless you plan to pay for the vehicle in cash, you may need to finance your new car so you can drive it home. At Koons Clarksville Chevrolet Buick GMC, we make the financing process quick, easy, and convenient for our customers in Clarksville, Maryland, and the surrounding area. When you're ready to start the financing process, fill out our secure online application to learn more about the options you have to pay for your next vehicle.

Auto Loan Financing Options in Clarksville, Maryland

If you plan to finance your new vehicle in Clarksville, Maryland, you have some options. You can stop by the finance center at Koons Clarksville Chevrolet Buick GMC to learn about the loans we offer. A member of our financing team will explain your options and outline the terms and conditions of each loan. They will answer your questions and address any concerns you may have about financing. When you're ready to proceed, we offer quick approvals so you can begin the process of purchasing your next vehicle.

Another financing option you have is to use our online pre-approval application. You can fill out this simple-to-use, secure financing form rather than coming to the dealership to fill out the paperwork. Complete the application any time you want without leaving the comfort of your own home. After you submit your application, you will discover what types of financing are available to you. This way, you can consider your options before making the trip to our dealership. Our pre-approval process can help you save time and find the loan that best meets your needs, budget, and lifestyle.

How Your Credit Affects Your Auto Loan Options

Many car buyers have questions about how their credit scores may affect their financing options. Typically, your credit score determines the interest rate you will receive on an auto loan. The higher your credit score, the lower the interest rate on your loan.

At Koons Clarksville Chevrolet Buick GMC, we've helped many customers secure auto financing, including those with no credit and those working to rebuild their credit due to missed payments or repossession. If you don't have a large down payment or a vehicle to trade in, you may still qualify for an auto loan. No matter your situation, we're committed to working with you to help you find a financing plan with payments you can afford.

If you're still unsure or concerned about your financing options because of your credit, there are steps you can take to improve your credit score before you purchase a new vehicle. These strategies may include:

  • Paying down debts: If possible, pay down the credit debt you currently have to keep your credit utilization ratio low. This ratio refers to how much debt you have compared with your credit limit.
  • Making on-time bill payments: You can often improve your credit score by making on-time bill payments. Set up automatic payments or adjust your due dates to help you make timely payments.
  • Avoid closing credit cards: If you have credit cards that you've paid off and are not currently using, keep them open. Open credit cards can help you lower your credit utilization ratio even if you're not making payments.
  • Disputing errors: Before applying for an auto loan, check your free credit report through a major credit reporting bureau. If your report contains any incorrect or outdated information, you can dispute those errors to help boost your credit score.

How To Start the Financing Process

When you're ready to start the financing process, you can fill out our online financing application. It only takes a few minutes to complete, and it can help you understand your financing options. Here's what you'll need to fill out the form:

  • Your contact information and the contact information for a co-applicant, if you have one.
  • Your driver's license number.
  • Your gross income and Social Security number.
  • Financing information, including a down payment amount and the amount you intend to finance.
  • Trade-in vehicle information, if applicable.
  • Purchase vehicle information, including its make, model, year, and style.

All information you provide on the online application is transmitted and stored securely to protect your safety. You'll have the opportunity to review your application before you submit it, and you can leave additional comments for our financing team if you'd like. Once we receive your application, our financing team will review your information to determine the types of loans available to you. We'll reach out to you shortly with more information about your options.

Calculate Your Estimated Monthly Payments

We want to make the financing process as easy and stress-free as possible. That's why we offer two additional tools to help you with financing. You can use our online payment calculator to estimate the monthly payments you may make on your auto loan. Plug in some basic information, including the vehicle price, down payment, interest rate, and loan term, and you'll see your estimated monthly payment. This tool can help you learn how much you may pay each month based on your down payment and the loan conditions.

We also offer the Value Your Trade tool so you know how much you'll get for your current vehicle. In a few simple steps, you can learn the value of your trade-in vehicle and get an instant offer from Koons Clarksville Chevrolet Buick GMC. Provide information about your car, including its mileage and condition, and receive a cash-out or trade-in offer in minutes. When you use our online financing application and additional tools, it's easy to determine how much your next vehicle will cost.

Finance Your Next Vehicle in Clarksville, Maryland

We're committed to helping you afford the car of your dreams with competitive financing rates and terms. To get started, fill out our secure online application and explore your options. You can also visit our finance center to discuss your options with a specialist. We're conveniently located in Clarksville, Maryland, and serve customers from the greater Baltimore and Washington, D.C. areas. For more information, send us a message or stop by our dealership. We look forward to helping you purchase your next vehicle at a price you can afford.