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.

Blog - Brand New Used Vehicles & Auto Financing at Olympic Auto Sales

Tips for Easy & Quick Process on Auto Loan Approval

Posted Monday, Oct 03, 2022

According to a study conducted in March 2020, Americans had taken out $1.3 trillion in auto loans. These loans are a great way to get a car for people who do not have enough to pay for a car upfront. With the increase in car prices, more people will likely apply for auto loans, but the [...]

What You Need To Know About Auto Financing

Posted Monday, Aug 22, 2022

When choosing a form of auto loan to finance their next vehicle purchase, automobile purchasers have many options. Although certain auto loans are more typical than others, it's still useful to be aware of them before you start looking for your next car. The key distinctions between various auto loan types relate to whether [...]

How to Find the Best Buy Here, Pay Here (BHPH) Dealer in Your Area

Posted Wednesday, May 04, 2022

Are you having trouble securing a loan for a car in Georgia? Buy Here, Pay Here (BHPH) dealerships offer a solution for potential buyers with poor credit ratings that can help you become a car owner. Today’s post will tell you what you need to know about how this financing method works and where you [...]