How Does Car Financing Work?

If you’re in the market for a vehicle, you probably have a list of requirements that this vehicle has to meet. Whether you want a vehicle that gets over 30 miles per gallon or a vehicle with the latest and greatest tech options, there are certain things that you know need to make the list.

One more consideration to keep in mind? Financing.

Happy kid in car A car is an investment, and most people use loans rather than paying cash up front.

At Poquet, we’re dedicated to making financing as easy as possible.

We have a wide range of lenders to cater to varying degrees of creditworthiness, price ranges, and incomes. We always pass along the best possible rate being offered by each individual lender.

Wondering how to secure financing?

At Poquet, you have two options.

2 Options for Financing at Poquet

1. Pre-Approval

Get approved before you even walk in the door.

Simply go to our website, and click menu > finance > online credit approval. The application typically only takes a few minutes to complete. You’ll receive an automated e-mail that it has been submitted. Simply reply to that with a vehicle that is of interest and we will start the process. We’ll contact you as soon as we hear back from our lenders and let you know what your options are.

Who is pre-approval good for? Pre-approval can come in handy if you’re traveling from further away, or if your creditworthiness is somewhat in question.

2. Walk-In

These days, customers are doing more and more research online before they buy.

But buying a car doesn’t have to be a painful, drawn-out process.

That’s why we offer a walk-in option for financing.

How does it work?

Simply come in, select your vehicle, and complete an easy credit application on one of our iPads. It usually takes about an hour or so to submit this application and discover your options if you walk in.

Congratulations, you’re now an expert on financing at Poquet Auto!

Looking for other tips to make sure you get the car that’s right for you? Here are our top three recommendations.

3 Tips for a Pain-Free Car-Buying Experience

1. Invest in a Pre-Owned Luxury Vehicle

If you’ve narrowed down the market to pre-owned luxury vehicles, congratulations - you’re already well on your way to success. As we’ve covered previously, pre-owned luxury vehicles are a smart buy, giving you the quality you need at a price that’s right for you.

2. Skip the Hassle of Price Negotiations

Traditionally, the car buying experience has been associated with some uncomfortable back-and-forth between customers, salespeople, and hidden back-office “managers.” That’s not how we roll at Poquet Auto.

Our process is based on clear pricing from the start. Why? We’re not in the business of haggling; we’re in the business of finding the best luxury, low-mileage used vehicles and passing that value onto our customers.

Want more information? Here are 3 reasons Poquet doesn’t negotiate on car prices.