Tips for Financing a New Car


Getting a new car can be one of the most exciting decisions that you’ll make over the course of your entire life. However, it’s important to secure the best financing, so that you can enjoy your new vehicle to the fullest. That’s why our Pat Peck Nissan team created this helpful guide to financing your next car. Ready?

If so, get reading. And, if you live around Gulfport, Pascagoula, or Waveland, reach out to us right away.

Financing Your Next Car: Tips and Tricks

Tip #1: Find Out Your Credit Score. The first thing that you should do is figure out where exactly you stand, credit-wise. But, even if your credit history isn’t ideal, you should still be able to get a loan. See how our team works with bad credit car loans here.

Tip #2: Shop Around, Get Multiple Quotes. However, just because you can get a loan from a bank, company, or dealership doesn’t mean that you should pounce on the first opportunity that presents itself. It’s wise to compare all the different offers, and make sure that you’re getting the best deal possible.

Tip #3: Focus on the Term. A shorter loan period means higher monthly payments-yet it also means lower total payments (as you won’t take as much of a hit on interest). Take this point into consideration.

Tip #4: Down Payment, Down Payment. Popular wisdom says that you should make a down payment of at least 20% of the total price. Here at Pat Peck Nissan, we urge you to push that number even higher. It’ll help you to save money in the long run-definitely by decreasing payments, maybe by lowering interest.

Tip #5: Consider a Co-Signer. Co-signers are great options for borrowers who are young, who have lots of debt, who have poor credit scores, or who are generally unfamiliar with the process of getting a car loan.

Don’t Do This: Mistakes to Avoid


In the world of auto loans, there are practically as many mistakes to avoid as there are tips and tricks to remember. We encourage you to limit late payments, as they’ll incur fees and penalties that you simply don’t want to have to deal with; to refrain from rolling taxes, fees, and extra add-ons into your loan (instead, pay cash); and to run away from getting involved with anything that you don’t fully understand.

It’s always better to be as informed as possible, so reach out to our financial wizards with any questions.

Fill out the Finance Application on our Pat Peck Nissan website today!

To apply for financing, filling out this simple, secure form will give our teammates at our finance department all the information they need to start working on your new car loan. In addition, we’ve created a couple of other online tools that can help you to get started: KBB Instant Cash Offer, Bad Credit Financing, Sell Us Your Car, and many more.

Regardless of how you get started, the important thing is that you do. We’re here to help all our customers near Waveland, Pascagoula, and Gulfport to get the auto financing plans that they deserve.