Once a customer has picked out a new or used Toyota automobile to purchase, the next step is determining how to go about paying for that model. While our Toyota Financial consultants can help with every step of the process, we thought we’d put together this FAQ for customers who are new to the concept of financing a car.

Q: Do I need to pre-qualify for an auto loan?

A: No! Because we have Toyota Financial services right here at the dealership, we can handle finding you the best possible loan while you’re here at our facility.

Q: What credit score do I need to qualify for a loan?

A: There is no set credit score limit that will determine whether a customer can secure a loan. We’ve seen all sorts of credit scores and found loans for the vast majority of them. Credit score can impact the financing rates, but it’s possible for most credit scores to be good enough to find some kind of loan.

Q: Do I need to know the exact car I want to buy when applying for a loan?

A: No. You’ll be approved for an amount, which you can compare against your budget. If you change your mind and want a different Toyota vehicle, you’d still be approved for the amount originally determined.

Q: Will the haggling and negotiating be as stressful as I’ve seen on TV and in movies?

A: Absolutely not. We will sit and work with you to determine the best overall price and the optimal monthly payments, and we’ll work with you to factor your vehicle trade-in and down payment into the equation, as well. We want you to feel comfortable and free of pressure, and our sales professionals do a great job of making sure that’s the case!

Of course, if you have any other questions for your Toyota dealer in Las Vegas, just visit or call Centennial Toyota any time and we’ll answer them the best we can!