Used Vehicle Financing in Plaistow, NH
Are you looking for a used car or truck but do not have all the capital needed to purchase it outright? Leavitt Auto & Truck is New Hampshire’s leading used car & truck dealer that offers in house vehicle financing.
Continue reading to learn more about our financing options.
How Vehicle Financing Works
Financing a vehicle is a financial option for those who steadily receive a paycheck and opt to pay for the vehicle within the form of monthly payment as opposed to an upfront, lump sum. Financing is a great option for those who need a vehicle and have the ability to make monthly payments but do not have the entire sum of money required to purchase the vehicle out right. Financing makes it possible for those who are steadily employed to purchase vehicles they would otherwise not be able to afford.
Financing requires the buyer to put some money down, but this can be negotiated. At Leavitt Auto & Truck, our team of in-house vehicle finance specialists are here to help you understand your financing options and what implications a down payment will mean for your monthly payment.
Do I need good Credit? Will Financing a Vehicle impact my Credit Score?
Possibly two of our most frequently asked questions when customers are considering financing. Yes, Leavitt Auto & Truck will perform a credit check, but our finance team looks at more than just that. A better indicator of whether you will be approved for financing will be if you are consistently employed or receiving a paycheck or some kind, regularly.
In terms of impacting your credit score, financing a vehicle will increase your debt to income ratio but, if you do not miss payments, your credit score will not be negatively impacted. Like any debt you incur, if you miss your monthly payment, your credit score is affected.
Additionally, the sum of your down payment can determine if you are approved or not. Leavitt Auto & Truck prides ourselves on our ability to approve nearly everyone regardless of their credit situation. If you can make the payments, there is a high probability you will be approved.
How do I Finance A Vehicle with Leavitt Auto & Truck?
If you are looking to purchase a vehicle but don’t want to settle on a vehicle within your current budget, finance a vehicle with Leavitt Auto & Truck! To get started, give our staff a call today or come by our dealership to see what we have on the lot. Our expert sales staff will listen to what requirements you have for your new vehicle and if we do not have what you’re looking for on the lot, we can tap into our network of industry relationships to find the vehicle of your dreams. Whether it's your first car or truck you're buying or you are purchasing a retirement gift for yourself, you wont regret working with Leavitt Auto & Truck.
We encourage prospective customers to read our reviews, come by our lot to look around or give us a call. We have been family owned and operated since opening our doors in 1985 and continue to offer the best deals on quality used cars & trucks.
“Don’t Buy til You Give Us a Try”