Ask a Finance Expert at Ken Pollock Ford
Need auto financing advice? Trust the experts at Ken Pollock Ford. Whether you're a first-time car buyer or have bad credit, our financing team has the experience and knowledge to help you secure an affordable auto loan. Visit our Ford dealership near Bloomsburg to find your ideal car and get the financing guidance you need.
Discover valuable auto loan insights with our Ford finance FAQs below. Mark Vilushis, Finance Director at Ken Pollock Ford with 25 years of experience, provides expert advice and suggestions for Pennsylvania drivers. With almost three decades in the business and two daughters of his own, Mark understands the importance of securing a suitable Ford price for your family.
If you still have questions, feel free to drop by Ken Pollock Ford to meet with Mark and our wonderful finance team! We'll be happy to walk you through your Ford financing options and the car-buying process.
Auto Financing FAQs
01How do I finance a car?
If you're interested in purchasing a Ford nearby, you can fill out a Ford financing application online or at our dealership. We make this effortless for all customers.
02What are the current interest rates to buy a car?
Depending on what you are purchasing, interest rates can be as low as zero percent.
03How do I get a good interest rate?
Having a good credit score, paying bills on time, and having a secure job can help you find a great interest rate.
04How much of a down payment do I need to finance a car?
If you have good credit, there is no need for a down payment.
05What additional costs will I be responsible for when buying a new car?
The total cost of buying a car should be the selling price, state taxes, state fees, documentation fee and any other additional service plans that are purchased at time of delivery. All costs associated with purchasing a car should be disclosed to you before you finalize your purchase.
06How can I find the value of my trade-in?
We have a great tool that you can use to value your trade called KBB®.You can also use any third-party sites that will give you an estimated value.
07Does my credit score impact my loan rate?
Yes, it does. The higher your credit score is, the better your loan rate will be. A lender generally gives a range of scores that will qualify you for a certain rate.
08Can I still finance a car if I have a low credit score?
Yes! Getting financed depends on many factors like the longevity of your job and your income. Other factors include the structure of your financing agreement, if you are trading in a vehicle, if you are providing a down payment, and more.
09Can I still finance a car if I don’t have a credit history?
Yes! There are first-time buyer programs that you may qualify for. However, it is much better to have a cosigner help you secure financing at a great rate.
10What’s the best length for a car loan?
Generally, depending on the age of the vehicle, Ken Pollock Ford can provide up to 84 months for a car loan.
11Can you offer a better interest rate than my pre-approved rate?
Most of the time, yes! We can offer you a better interest better rate depending on your agreement and credit score.
12Can I reduce my monthly car payments down the road?
Speak with the Ken Pollock Ford finance team about refinancing your car loan. You can also refinance through your own bank at a lower rate and price than you originally financed, lowering your monthly car payments.
13Can I sell my car while I’m still paying it off?
If you currently have a loan, you can sell your vehicle, but the lender will want the car paid off first.
14Can I add a warranty when I buy a car?
Yes. We have a large portion of customers who elect to purchase an Extended Service Contract. Purchasing a warranty will protect your vehicle for many years after the manufacturer's warranty has expired.
15Is it better to finance through a dealership vs. a local lender or credit union?
Most of the time our dealership should be able to match or beat local lenders' or credit unions' rates. It is also more convenient to do everything under one roof. Ken Pollock Ford makes it easy to get a competitive interest rate and get you into your vehicle on the same day.
Local PA Ford Finance Center
Ready to finance a Ford truck, hybrid, EV, or SUV? Contact Ken Pollock Ford in Berwick to ask our finance experts any questions you still have. We look forward to speaking with you soon!