FINANCE FACTORS
Several factors determine your ability to get financed and the interest rate you will pay.
These are:
Credit History
Residence
Job Stability
Age & Miles of the Vehicle
Down Payment
Credit History shows whether you have paid your bills on time and if you have any bills in collection. If you have a good credit history, a bank will be more willing to loan you money at a lower interest rate than someone with a checkered credit past.
The same goes for Job and Residence Stability. Have you been able to hold a steady job? Do you have your own place? It looks really great if you’ve had 2 years job time and residence. As for the vehicle, a bank is more willing to loan money for a newer vehicle with low miles than an older one with high miles. But, the Down Payment is probably the most important factor in determining your interest rate. According to the bank, the more you put down, the less likely you are to default on the loan.
But what happens if you have bad credit? Is there a way to start over and erase it? Unfortunately the answer is no. Bad credit will stick with you for a while, but you can get yourself straightened out by establishing a good current credit pattern. A regular car payment can help get your credit back on the right track. With money down, proof of income, a phone bill, six references and a genuine desire to better your credit, we can usually find a bank that will give you what you need.
The bottom line is that we will help you get in the vehicle you need and want with as little fuss as possible. We have the resources and connections to make a great deal happen for almost anybody and we’ll give you the respect you deserve. Just bring your current information with you, and we’ll get you back on the road in no time.
Tuesday, September 4, 2012
Wednesday, August 22, 2012
CORAL CADILLAC SERVING MIAMI
Coral Cadillac is your leading regional Fort Lauderdale Cadillac dealer in Pompano Beach due to the quality of our people and their commitment to exceeding our customers' expectations. We're not just here to sell cars; we're here to provide you with an exceptional ownership experience. Our staff, vehicle selection and services make Coral a great choice for anyone seeking a Miami Cadillac dealer alternative. Since we opened our doors in 1975, we've set ourselves apart from the competition through the excellence of our work and our professional attitude. We invite you to see what sets Coral Cadillac above the rest as we strive to serve Miami Cadillac drivers.
Friday, June 29, 2012
Today, Coral Cadillac is among the most successful dealerships of its kind in the United States. We continue to be among the leaders in the top tier markets. We believe the principal ingredient of this success is the quality of our people and their commitment to exceed our customers’ expectations in quality of service. The excellence of their work and their professional attitude are what sets Coral Cadillac apart from the rest and motivates our customers to come back again and again.
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