What type of income is acceptable to get approved for finance?

Printed Paystubs, Unemployment, Fixed income such as SSI, SSD, Workers Comp

What if I’m self-employed?

That’s fine, as long as you can prove your income with bank statements showing deposits, or canceled checks that you received.

Do I need a down payment?

Most people do need some cash down. That is how the bank gets comfortable with loaning you the rest of the money you need to purchase the vehicle you want.

How much of a down payment will I need?

The amount of your down payment is determined by the bank giving you the loan. It’s different for every customer, and depends on several factors, such as credit history, length of employment, and the kind of vehicle you wish to drive.

Uncategorized Archives | Olympic Auto Sales

The Pros and Cons of Buying a Used Tesla Car

Posted Monday, Jul 14, 2025

Understanding the pros and cons of buying a used Tesla car is essential for potential buyers. With the increasing popularity of electric vehicles (EVs) and Tesla’s advanced technology, many consumers are considering purchasing a used Tesla. However, it’s crucial to weigh the benefits and drawbacks before making such a significant investment. This comprehensive guide will […]

The Smart Benefits of Choosing a Used Car

Posted Wednesday, Jun 11, 2025

In an era marked by economic fluctuations and an ever-evolving automotive landscape, potential car buyers are increasingly weighing their options. The question remains: is buying a used car still a smart choice compared to a new vehicle? With significant advantages in price, reliability, and financial sense, used cars, particularly certified pre-owned vehicles (CPO), are gaining […]

Low-Income Families: Subsidize Car Ownership via Used Car Financing

Posted Thursday, May 08, 2025

Used Car Financing Can Help Low-Income Families

For many low-income families, the dream of car ownership can often feel out of reach due to financial constraints and concerns about credit scores. However, used car financing presents a viable path toward reliable transportation that can significantly improve the quality of life. By understanding the available options and strategies for financing a used vehicle, [...]

First Car, First Loan? Here’s How to Do It Right

Posted Tuesday, Apr 08, 2025

Auto Financing for the first time buyers

Buying your first car is exciting, but financing can be confusing. This guide explains everything first-time buyers need to know—from special loan programs and interest rates to how credit history affects approval. We’ll help you understand your options so you can get the best deal on your first car. What Are the Best Financing Options […]

Used Mercedes vs BMW – Which One Holds Value?

Posted Thursday, Apr 03, 2025

When shopping for a luxury car, two brands often come to mind first: Mercedes-Benz and BMW. Both are known for their performance, engineering, and prestige. But when it comes to buying used, which one actually holds its value better over time? Let’s break it down. 1. Depreciation: The First Big Drop All luxury cars experience [...]

Fresh Inventory Rolling In – 60+ New Cars for Tax Season at Olympic Auto Sales!

Posted Monday, Mar 10, 2025

Tax season is here, and at Olympic Auto Sales, we’re stocking up with over 60 fresh arrivals! Whether you’re looking for a luxury ride, a reliable daily driver, or a sporty upgrade, we’ve got the perfect car for you. And the best part? Every car on our lot goes through a rigorous inspection and […]

How to Get a Car Loan with a Bad Credit Score

Posted Friday, Mar 07, 2025

Get bad credit auto loan at Olympic Auto Sales

Getting a car loan with bad credit might seem daunting, but understanding your credit score and the options available to you can simplify the process. In this article, we will guide you through everything you need to know about securing an auto loan, even with a lower credit score. Whether you’re looking to buy a […]

Another Day, Another Award: Olympic Auto Sales Wins the Penn Warranty Award 2024!

Posted Tuesday, Feb 25, 2025

Another Day, Another Award: Olympic Auto Sales Wins the Penn Warranty Award 2024! We’re thrilled to share that Olympic Auto Sales has just clinched the prestigious Penn Warranty Award 2024! This award is a testament to our commitment to delivering quality warranty coverage and outstanding customer care—every day, and in every vehicle we sell. Award-Winning [...]

First Car? Here’s Why Buying Used Is the Smartest Choice!

Posted Thursday, Feb 13, 2025

Purchasing your first car is an exciting milestone but can also be overwhelming, especially with the rising costs of new vehicles. With so many options available, first-time buyers often face tough decisions about budget, financing, and long-term value. While the allure of a brand-new car is tempting, a used vehicle usually provides the best value […]

BMW vs Mercedes-Benz: Which Luxury Brand Offers More for Used Car Buyers?

Posted Monday, Jan 13, 2025

BMW and Mercedes-Benz are household names when it comes to luxury cars. Both these cars are coveted for their looks and prestige. But if you’re considering a used car, which brand gives you the most value? Choosing between the two German-brand cars can be challenging, especially considering so many factors like reliability, cost of […]