The answer is it will vary depending on your credit history, personal budget goal and monthly income. A higher down payment usually benefits your being approved. Every person’s situation is unique. Lenders prefer a down payment as it lowers the risk associated with your loan.
The lender will require documentation that supports what you put on your loan application such as:
Usually the lender will require a co-signer on your first auto loan. If you do not have a co-signer option, another option is to get approved with alternative credit and stable work history. Here are items you need when you apply:
Yes. In most cases the lender will require that loan to be paid off as most people find it difficult to make monthly loan and insurance payments on 2 vehicles.
Tennmotors will buy your trade in which makes this process much easier. We will appraise your vehicle and determine your KBB fair market value. Here are some needed items if you are considering trading in your vehicle.
It is very common good people find themselves having poor credit. There are lenders that specialize for poor credit customers. Here are some requirements you can expect:
Once submitted with needed documentation, you can expect an approval decision the same business day except on the weekends.
Tennmotors is here to answer any questions you may have. Please call us , 423-397-2472, and we will do our best to assist you in any way we can.
This Vehicle For Sale
Total Taxes & Fees include Sales Tax (7%) Tennessee taxes plus an $80 surcharge. Local Taxes and Fees includes (.15%) Tennessee business tax, $750 dealer service fee, $54.00 Temp Tag and FedEx fees, and a $43.50 Electronic Filing Fee.
While TennMotors attempts to ensure all information published here is accurate, we cannot be responsible for errors (such as typographical, or data feed errors) that may appear on this website. If a payment, price or other other information is deemed to be inaccurate, TennMotors will provide you with the correct information as we are notified of the inaccuracy. In the event of any error, TennMotors reserves the right to refuse any request. Prices, Vehicle prices and availability are subject to change.
Browse our online store, select one of our vehicles and payment method that best fits your needs and click the "Get Started" button to begin.
Configure the financing options and preview the monthly payment and details before submitting your request. Cash buyers can simply submit a request.
Review and submit your request for the vehicle and a Personal Concierge from TennMotors will contact you with final documents and delivery instructions.
About This Vehicle For Sale
See Dealer for more details and a description of this vehicle.
This Vehicle For Sale
Total Taxes & Fees include Sales Tax (7%) Tennessee taxes plus an $80 surcharge. Local Taxes and Fees includes (.15%) Tennessee business tax, $750 dealer service fee, $54.00 Temp Tag and FedEx fees, and a $43.50 Electronic Filing Fee.
Payments are estimates based on 4.5% APR, $2500 down, 60 mo. term. Includes taxes & fees, on approved credit only. While TennMotors attempts to ensure all information published here is accurate, we cannot be responsible for errors (such as typographical, or data feed errors) that may appear on this website. If a payment, price or other other information is deemed to be inaccurate, TennMotors will provide you with the correct information as we are notified of the inaccuracy. In the event of any error, TennMotors reserves the right to refuse any request. Prices, payments and availability are subject to change.