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Car Financing FAQ's

Looking to finance your next new or used car and don't know where to start? Explore these frequently asked questions about car financing, loans, and more.
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How Does Car Financing Work?

When you finance a car, you'll use simple monthly payments over time to pay the value of the vehicle. Additionally, you will need to pay interest on your car payments as well. The length of time your car loan covers and the amount your interest will be depend on certain things, like the vehicle chosen, credit score, and other factors.

    Is it better to lease or buy a car?

    Depending on your vehicle, lease payments are often cheaper than car loan payments. While leasing offers the chance to drive the newest available vehicles, purchasing your car means you can sell or trade it in later, and can provide years of value if you continue driving it after paying your loan.

      Can I Get a Car Loan with Bad Credit?

      Getting a car loan or financing with bad credit isn't as hard as it used to be. Today, working with a dealership allows people of all credit scores to find a car loan that works for them. We offer great rates for people with both good credit and bad. Visit our finance center or call us today for information regarding your specific situation. 

        Do Car Loans Affect Credit Score?

        Taking out a car loan can affect your credit score in a few ways, specifically by raising it as you make on-time payments, and possibly deducting a very small amount of points when you inquire about your credit before getting your car loan. With regular payments, you'll more than make up the initial, minor drop in credit score and possibly further improve your score for the duration of your car loan.

          Can you Finance a Used Car?

          Yes. You can often finance a used car or truck with an affordable rate. Much like a new vehicle, financing a used car means you'll work with a finance expert to find the right loan rate and payment plan that work for you and your used car. 

            Can I get a better deal on a car if I pay cash?

            Paying cash for a car can help avoid interest payments if the car you're interested in doesn't have 0% APR, and you'll often spend less time in the dealership. However, sometimes financing offers & incentives can offer a better price than paying cash.

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              Quick service response & return time

              5 AutoNation Chevrolet Doral
              Quick service response & return time
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              2024 Chevrolet Corvette 1G1YA3D46R5107240

                Buena

                5 AutoNation Chevrolet Doral
                Buena
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                2021 Chevrolet 1500 Silverado 1GCPWCEK2MZ414911

                  Great experience at AutoNation Doral. We...

                  5 AutoNation Chevrolet Doral
                  Great experience at AutoNation Doral. We are very grateful to the entire team, especially to Vitico, Alain, and Tomas for the excellence Service. Fast...
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                  2020 Chevrolet Colorado 1GCGSCEA4L1184708

                    Best and easier experience ever in a...

                    5 AutoNation Chevrolet Doral
                    Best and easier experience ever in a dealership, thank you so much
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                    2024 Chevrolet Silverado 1500 2GCPAFED4R1220026

                      Good evening. I want to thank you for...

                      5 AutoNation Chevrolet Doral
                      Good evening. I want to thank you for the excellent service I've received since I picked up the cars. The salesman, William, and Mr. Luis have always ...
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                      2021 Chevrolet Colorado 1GCGTBEN6M1105096

                        Mi experiencia fue super buena ya que el...

                        5 AutoNation Chevrolet Doral
                        Mi experiencia fue super buena ya que el Sr Pedro Morales se encargo de satisfacer mis necesidades como Cliente. Muy agradecido por toda su colaboraci...
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                        2023 Chevrolet Traverse 1GNERFKW0PJ332502

                          Very good

                          5 AutoNation Chevrolet Doral
                          Very good
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                            Excelente me gusta el trato todo muy...

                            5 AutoNation Chevrolet Doral
                            Excelente me gusta el trato todo muy rápido y eficiente
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                            2019 Chevrolet Equinox 3GNAXHEV4KS641464

                              Was good

                              5 AutoNation Chevrolet Doral
                              Was good
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                              2024 Chevrolet Equinox 3GNAXHEG6RL337901

                                Excellent as usual

                                5 AutoNation Chevrolet Doral
                                Excellent as usual
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                                2021 Chevrolet 1500 Silverado 3GCNWAEK6MG404006

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