Money Down

Financing a vehicle is one of the biggest concerns among individuals looking to buy used cars. Rarely are we able to purchase the vehicle we need out of pocket. Luckily, there are many options when it comes to financing a vehicle. Many finance plans will require money down before the sale is completed.

At Chapman Motor Sales, we work hard to find a finance plan that works for you. Visit one of our 11 Austin locations or browse our inventory online to find the car that matches your needs.

Determining a Down Payment

The following factors will be considered before a down payment is agreed upon between you and a used car dealership:

• Credit score
• Price of vehicle
• Value of trade-in vehicle
• Car loan history
• Ability to pay down payment

Ultimately, your down payment will reflect your financial situation. The amount of your down payment will be a major factor when determining monthly payments. The overall interest you pay will be drastically lower if a large down payment is made. You may even have lower monthly payments as you begin to pay off your car loan.

Contact Us

At Chapman Motor Sales, we provide in-house financing to help you purchase the vehicle you want and need. There are many advantages to not having to deal with a third party lender when determining the interest, down payment, and monthly payments on your vehicle. Visit any of the 11 Austin used car dealerships of Chapman Motor Sales today to find the right car at the right price.