Frequently Asked Questions

Q: How much down payment will I need?
A: We have programs for all situations. Some buyers can buy with no money down, for others it is $500 and for still others up to 25% of the purchase price. Every situation is different. Apply today and one of our credit professionals can discuss your situation with you in detail.

Q: Do you offer in-house financing?
A: Yes! This is one of the ways we get you a loan when others can’t!

Q: Do you report to credit bureaus?
A: Yes, if we finance you in-house we will report your payment history to help you build your good credit!

Q: When can I get my car?
A: If you apply today you should be able to drive home today!

Q: When will I have to pay my first payment?
A: We can set your payment out for 45 days from the purchase date.

Q: What are the interest rates for my auto loan?
A: Interest rates are determined by the actual lenders and are influenced by several factors including your credit history (good or bad), the amount of down payment, and the car you are buying. Our credit professionals will explain these factors, and tell you exactly what your interest rate will be.

Q: How long does the application process take?
A: You will be contacted very promptly by our credit professionals handling your loan request. The approval process is usually within several minutes to a few hours.

Q: Can I get an auto loan even if I have bad credit?
A: Yes! We have assembled a team of lender and credit professionals to help finance where you are going, not where you have been.

Q: Will it help if I have a co-signer on the loan?
A: Sometimes having a co-signer available can be a real plus. Our credit professionals will discuss this with you in detail after your initial application.

Q: Are there any fees associated with your auto loan application?
A: None whatsoever.

Q: What kind of vehicle can I get through your dealership?
A: We have 100’s of vehicles available for immediate delivery. Sport Utilities, Vans, Trucks, Passenger cars, Luxury Cars and Sports Cars.

Q: If I buy a Pre-Owned Vehicle, how can I be sure it is reliable?
A: Every vehicle at Car Smart Now passes a safety inspection before we offer it for sale.