How to Finance Your Nissan Car
At O'Brien Nissan of Bloomington, our sales team works hard to make sure you find the car of your dreams. Once you look through our inventory of new Nissan cars and SUVs and decide on one to take home, it's time to consider your financing options. This is where it's important to know about how credit scores work. Credit scores play a crucial role in how banks and other lending institutions loan you money.
A credit score is a numerical value, typically between 300 and 850. Generally, any credit score over 700 is considered good. Financial institutions take several factors into account when determining this score. First of all, there's the amount of debt you owe. This includes unpaid credit card balances, car and home loans, and student loans. They also take into account the length of your credit history, how much of your credit line is still available, and whether or not you pay your bills on time. It's a good idea to stay on top of your finances and actively try to improve them in order to maintain a decent credit score. This will ensure that our Bloomington Nissan dealers can help you secure a car loan at a good interest rate.
Of course, even if your credit score is less than perfect, our Nissan dealers will still help you find a financing plan that works for your budget and lifestyle. There are many things you can do to lower your car payments, in fact. For example, consider purchasing one of our pre-owned Nissan cars instead of a new one. Or, lease a Nissan vehicle instead of buying it. Both of these options are less expensive alternatives to buying a new vehicle outright, and they often result in lower down payments and monthly payments. You can also trade in your current vehicle, and we'll put the trade-in value towards the purchase price of your new Nissan car.
Our Nissan dealership also offers customers a couple handy online tools, including a finance calculator and credit application, to jumpstart the financing process before you see us in person. After filling those out, head down to 2029 Ireland Grove Road. One of our friendly Nissan dealers will be happy to help you navigate our showroom or answer any credit questions you may have.