Dublin Buick GMC Auto Financing

What information will Dublin Buick GMC ask of you when applying for a car loan?

Expect to present some, if not all, of the below specifics to Dublin Buick GMC when submitting an application for an auto loan.

1. Your name
2. Social Security number
3. Date of birth
4. Current and previous address
5. Current and previous employer
6. Sources of income
7. Gross monthly income
8. Financial information that may consist of current credit accounts and other debt obligations
9. Credit rating obtained through a credit check

The expense of leasing: Does it save cash?

The price of leasing a car or truck versus the cost of buying one isn't a black-and-white issue; it all is based on how long you intend to have your vehicle for. Studies on car ownership, leasing and depreciation recommend a three-year lease as a financially sound period of time. From a short term standpoint, leasing a car or truck for a span of three years will make for a smart decision financially; deposits on leases are low, your monthly installments will be cheaper than a car loan payment, and you'll typically not need to worry about repair fees as your car is under warranty. If you are looking to own your car for a long time, or be driving lots of miles, purchasing the vehicle may be the best option for you.

What Makes Up a Lease Payment

• Average Monthly Lease Depreciation - part of the payment that accounts for the value the car loses during the lease
• Lease Charge
• Monthly Sales Tax - In California, you are only paying tax on the part of the car you use.

Direct Lending Vs Dealership Financing

What's the key contrast between Direct Lending and Dealership Financing, besides from who you make monthly payments to? While direct lending might offer you more freedom to look around or compare lender rates, in addition, it often means more headaches. At Dublin Buick GMC, we have relationships with over 100 different credit unions and lenders throughout Northern California, which means we can offer competitive finance rates for all types of situations.