These days, it can be a little difficult to find an affordable vehicle. Fortunately, you don’t need to have money for the entire sale price on hand.

With financing, you can pay for your car over time, and this is an option for both new and used cars

How Does Financing Work? 

When you finance a car purchase, you borrow money from a bank or another financial institution. On top of the initial money you will need – called the principle – you will also have to pay interest. The loan term is up to you; it may be as short as a year or as long as seven years.  

Why Should I Finance? 

Take a look at a used car you may be interested in. Do you have the money to pay for it completely? If not, financing is a great choice.

Once you put up money for a down payment – which could come from a trade-in vehicle – all you will need to do is agree to a monthly plan for your payments.  

What About My Credit Score? 

While it’s true that your credit score will have an impact on the financing process, we’re confident that you will still be able to get a loan at Centennial Toyota, even if your score is on the lower side.

How to Start the Financing Process

Getting started with financing is easy. All you need to do is fill out our online application. Once submitted, one of our financing professionals will contact you to discuss the next steps involved in the process.  

If you have questions about financing, our used car inventory, or anything else, get in touch with our dealership or just come down to see us in Las Vegas.