View Monthly Specials!

Jul 30, 2021



If you are looking to get financed for a new car, you are in luck. We want to share some tips with you that will help you get Mitsubishi financing through your friendly Mitsubishi dealer in Springdale, AR. Here are six keys to getting financed.


6 Keys to Getting Mitsubishi Financing Through Your Mitsubishi Dealer

1. Understand Your Credit

You can get access to a free credit report easily, and you should know your credit score before you get financed. You should be careful to attend to any mistakes you see on your credit report before you seek financing. This will help you get the best deal possible. However, if you have bad credit, don’t be discouraged. Your dealer will be able to help you find an option that works best for you.


2. Bad Credit Isn’t a Deal Breaker

Even if you have bad credit, you can still get financed for a vehicle. Your lender will consider your income and your down payment too. Not only this, but you can also consider the value of your trade-in if you have one too. If you can lower your overall costs, then you might find it easier to get financed this way too. Just remember that you have options.


3. Consider the Down Payment

Knowing that your down payment helps you in the process of getting approved for financing, consider how you can save up the money you might need for a down payment. You can talk to your dealer to get an idea about how much you might need that way you can explore your options with confidence.


4. Consider All the Costs

Understand that in addition to the cost of the car there will be taxes and fees. Ensure that you are prepared to handle this too. You should also understand that aside from your monthly payments, there are other expenses that come with car ownership. Consider things like gas, insurance, and maintenance when you are thinking about how much you can afford.



5. Get a Pre-Approval 

Fortunately, you can fill out a financing application and get a pre-approval right at home. You should utilize this convenient service to get an idea about some of your options. Once you have done this, you can go into the dealership confidently. This will help you and your dealer look at options that are a great fit for you.



6. If You Have Any Questions or Concerns Reach Out Your Springdale, AR Dealer Today

Rath Mitsubishi has a team of professionals that want to help you find the best solution for your needs. If you have any concerns, or if you are confused about something, reach out to your dealership’s finance team with any questions. You can move forward confidently knowing that you have a team of professionals behind you.

Now that you know the best tips for getting financing, you can focus on getting the right car for you. Contact us today at Rath Mitsubishi in Springdale, where we can help you find the best vehicle for you.