Our Financing Options for NJ Car Buyers

Many people are interested in financing a car because it gives them access to more cars and allows them to pay over time rather than in one payment. However, the prospect of figuring out auto financing can be intimidating. At Royal Motors, we do our utmost to make car financing as straightforward as possible.

We’ll walk you through our auto loan process so you’ll be better able to decide what car buying option is best for you.

What Information Do I Need To Get Financing?

Our car financing process is as simple as possible. All we need is your name, address, work information, Social Security number, and phone number. We use this information to be able to identify you to the financial institution providing the loan. The institution then uses that information to determine what rates to offer you.

Can You Finance A Car With No Money Down?

The financing offers customers have access to are unique to them. The rates and terms you get offered will depend on your credit history and the year of the car that’s going to be financed. If your credit history looks good you could get offers that require no money upfront as a down payment.

Can You Negotiate APR On A Used Car?

When it comes to the APR, or the interest that you’ll owe each year, that percentage is determined by the financial institution looking at your credit history and the year of the car. We play no part in determining the interest rate, it’s decided entirely by the financial institution and is non-negotiable.

How Does The Financing Process Work?

While it can seem like getting a loan offer could be a long process, because of our experience with the paperwork and financial institutions involved, financing with us takes less than 30 minutes. We do our best to make the experience easy and convenient, so you can enjoy your new car as soon as possible.