Used Car Financing FAQs
Securing competitive used car financing rates has never been easier when you work with Fairway Auto Center. Our used car dealership in Tyler provides assistance every step of the way so you can find the perfect car for you at a price that fits your budget. Whether you’re looking for a reliable family sedan or an off-road SUV, we have something for everyone.
Our Tyler used car financing experts understand how important it is to feel comfortable when you’re making a large purchase. Our goal is always to make the whole process go smoothly and efficiently so that you can drive home with your new-to-you vehicle as soon as possible.
How do I apply for an auto loan?
You can apply for a used car loan on our website. To start the process, you’ll need to provide basic information about yourself including a phone number and email address.
What kind of used car loan interest rates should I expect?
Interest rates vary depending on your credit score and other factors such as down payment size and length of term.
What kind of credit score do I need in order to qualify for used car financing?
Your credit score will be one of the primary factors when determining whether or not you qualify for auto financing, however, the exact score can vary depending on the lender. Generally a higher credit score will give you access to better auto loan terms and lower interest rates.
Do I need a down payment to finance a used car?
It is possible to finance a used car without putting any money down upfront; however, it may be beneficial to put some money down if you can afford it as this can help lower your monthly payments and reduce the amount of interest accrued over time.
Fairway Auto Center also offers great incentives when it comes to purchasing a pre-owned vehicle including extended warranties and used car specials in Tyler on select vehicles throughout the year. Whether you’re trading up to something new or a first-time car buyer, Fairway Auto Center will work with you every step of the way!