What Does Guaranteed Car Financing Mean?

Man Signing Contract at Car Dealership

Your credit score is recovering from taking a hit and you’ve been working hard to improve your credit score. What can you do if you need to purchase a new car before your credit score is high enough for your bank to approve you for a car loan? If you’re looking for guaranteed car financing near Kyle, the answer is Sterling Acura of Austin. Our finance center explains what guaranteed car finance dealers can do to help you get into a new car while rebuilding credit.

How Does Financing Work?

Auto loan financing means that a driver applies for a loan, either with our finance center or their bank. Traditional loan approval and interest rates are determined in large part by the applicant’s credit score acquired from a credit check, along with the loan amount, how long the borrower needs to pay it off, their debt-to-income ratio, and the kind of car they want to buy. If approved, the borrower will pay back the loan amount plus interest in monthly installments.


How Does Guaranteed Car Financing Compare to an Auto Loan?

What if you’re turned down for a loan because of bad credit? Guaranteed car financing doesn’t require a credit check, unlike a traditional auto loan. In-house guaranteed loan dealers in Buda use your income to determine your loan amount and interest rates. Auto loans are available for drivers with bad credit, but depending on the lender your prompt payments might not work towards improving your credit score. Also, these loans usually have a much higher interest rate.

Build Your Credit with an In-House Auto Loan

Georgetown-area drivers with reliable income deserve a reliable car and an opportunity to raise their credit scores. Here’s what you need to make guaranteed car finance work for you:

  • Income of around $1,500 to $2,000 a month before taxes
  • Proof of income
  • A down payment of 10% of the vehicle’s price
  • A personal list of references
Couple Calculating Finances

Save Money on Your New Acura at Sterling Acura of Austin!

Once you’ve secured your guaranteed car financing, check Sterling Acura of Austin’s special offers to make your loan go further. Our finance team is here to answer any of our questions and can help get the car buying or financing process started. You can even find helpful finance features to help you explore your options like how financing works or how to trade in a financed car. Contact us today for more information and to schedule a visit to our dealership near Georgetown and Round Rock!


Explore Our Models

  • 2020 Acura RDX Cargo Space

    If there’s one thing you need from a vehicle, it’s room. Maybe you have your kids’ soccer equipment or band instruments to carry around. Maybe you love the outdoors and have plenty of gear to take with you on the weekends. Or maybe you’ve got a lot of business supplies to haul around Kyle. Whatever…

  • 2020 Acura RDX Technology Package

    A sleek and sophisticated crossover SUV can make all the difference to your Kyle and Buda commute. And, with a luxury model like the 2020 Acura RDX Technology Package, you enjoy plenty of advanced features to keep you relaxed, entertained, safe, and connected. Step inside and take a closer look at the RDX Technology Package…

  • What Colors Does the 2020 Acura TLX Come In?

    If you’re in the market for a luxury sedan that is sure to turn heads on Kyle and Buda roads, then the 2020 Acura TLX colors are sure to impress. No matter if you’re interested in a sleek or bold finish, or something bright and vibrant, you can find the TLX in a model and…

Saved
Saved Vehicles ×

SAVED VEHICLES

You don't have any saved vehicles!

Look for this link on your favorites:

Save

Once you've saved some vehicles, you can view them here at any time.

Contact
Contact Us ×

(512) 691-3800

Call Now

4801 S IH 35 Frontage Rd • Austin, TX 78744

Get Directions

Today's Hours:

Open Today! Sales: 9am-8pm

Open Today! Service: 7am-6pm

Open Today! Parts: 7am-6pm

Sterling Acura of Austin

4801 S IH 35 Frontage Rd Austin, TX

Phone: (512) 691-3800

https://www.google.com/maps/dir/Sterling+Acura+of+Austin/@30.2070596,-97.7573945,17z/data=!3m1!4b1!4m5!3m4!1s0x8644b49da2f7451d:0x7cdfdf326a310b66!8m2!3d30.207055!4d-97.7552058

Parts

Phone: (512) 746-1349

4801 S IH 35 Frontage Rd Austin, TX

Sales

Phone: (512) 746-1373

4801 S IH 35 Frontage Rd Austin, TX

Service

Phone: (512) 746-1270

4801 S IH 35 Frontage Rd Austin, TX
30.2072295 -97.7556433
[schema type="organization" orgtype="LocalBusiness" url="www.sterlingacura.com" name="Sterling Acura of Austin" description="" street="4801 S IH 35 Frontage Rd" city="Austin" state="TX" postalcode="78744" country="United States" email="" phone="(512) 691-3800" logo="https://di-uploads-development.dealerinspire.com/sterlingacura/redevelopment1018/uploads/2018/04/thumbnail.jpg"]
Sterling Acura of Austin
Sterling Acura of Austin
4801 S IH 35 Frontage Rd
Austin, TX, 78744 United States
(512) 691-3800
https://di-uploads-development.dealerinspire.com/sterlingacura/redevelopment1018/uploads/2018/04/thumbnail.jpg
Sterling Acura of Austin 30.2072295, -97.7556433.