Financing | Phoenix Auto Loans

Nissan Auto Loans in Phoenix, AZ

Welcome to ABC Nissan! We are eager to help you find the ideal new Nissan car, SUV, truck or minivan that you will love driving for years to come. Feel free to check out our inventory online, and stop by our convenient location in Phoenix to examine our stock. Through our financing department, you will have access to many competitive loan programs to help you more easily take ownership of your new Nissan. While some of our customers are confident about applying for a car loan as part of the buying experience, others are not certain that an auto loan is a smart idea or that they can qualify for a new loan.

Is Financing a Car a Good Idea?

Paying for a Nissan in cash is one option, but many buyers find it more convenient to take ownership of their new vehicle now by applying for an auto loan. In addition to the convenience and the benefit of getting behind the wheel of a Nissan now, a car loan also provides you with several additional advantages. After you understand what these benefits are, you may decide that now is the perfect time to meet with our financing team and to review the options available to you.

One of the beautiful aspects associated with an auto loan is the flexibility related to the down payment, loan term, and monthly payment. Depending on your specific financial situation, you may even be able to get a no-money-down loan. By adjusting the down payment and the loan term, you can change your monthly payment to make it as affordable as possible for you. Remember that an auto loan term may be as long as six years or more. As soon as you make the last payment on the loan, the vehicle is entirely yours to own and drive. Because you have a car without a payment, you can enjoy significant savings each month until you decide to trade in your vehicle and buy a new one. Remember that the value of your car can be used as a down payment on a new car. You can also build or re-establish credit by making your loan payments, and you can drive as much as you want without concern about a mileage limit.

 

Financing compared to an auto lease, which may be an alternative that you are considering. An auto lease has a mileage limit, and you will be assessed a fee for exceeding this limit. This reasonable fee is combined with additional costs at the beginning and end of the loan term. While there are monthly lease payments, the vehicle never will be yours outright. Despite making lease payments, you will need to surrender the car at the end of the lease and will never have equity. While this could potentially be a smart option for you if you regularly trade in your vehicle to buy a newer one every couple of years, it may not be the most affordable option overall.

Is There a Minimum Credit Score to Finance a Car?

When you decide to purchase your new vehicle from ABC Nissan with an auto loan, your next question may be about qualifications. Auto lenders typically have a minimum credit score required to qualify, but keep in mind that each lender is unique. We will work hard to find an auto loan program that is well-suited for you regardless of what your credit scores are.

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Hours

  • Monday 8:00 am - 9:00 pm
  • Tuesday 8:00 am - 9:00 pm
  • Wednesday 8:00 am - 9:00 pm
  • Thursday 8:00 am - 9:00 pm
  • Friday 8:00 am - 9:00 pm
  • Saturday 8:00 am - 9:00 pm
  • Sunday 10:00 am - 7:00pm