Why You Should Pre-Qualify For A Car Loan Before Going To A Car Dealer

Toyota of Cool Springs does not want our Nashville area customers that include our good friends from Franklin and Cookeville to sweat over lending decisions made by private lenders. We can finance the purchase of your new or used Toyota vehicle by pre-qualifying you for car financing. The finance department at Toyota of Cool Springs calculates a loan amount that you qualify for based on the financial information that you present at the dealership. Financial information includes income, expenses, debts, and liens. Prequalification of a car loan at Toyota of Cool Springs provides you with several advantages.

Reduces the Amount of Time Nashville Customers Wait for Approval

By determining the type of loan that works best for you given your financial situation, Toyota of Cool Springs dramatically reduces the amount of time our Nashville area customers have to wait on car loan decisions. Our state of the art website offers a credit score estimator, as well as tools that help you calculate a rough estimate of what car loan payments you can afford. The tools speed up the loan approval process.

Helps First Time Buyers Establish Credit History

First time buyers spend too much time analyzing the features on vehicles they cannot afford. You have to establish a history of strong credit to qualify for financing on higher end Toyota models. By coming to our finance department first, you learn which of our models fit within your budget. We ensure our Nashville area customers, such as the customers that travel to see us from Cookeville and Franklin, find the right vehicle that matches their financial constraints.

Nashville Area Customers Save Time and Money Shopping for Vehicles

“What came first, the chicken or the egg” is an appropriate question to ask for financing the purchase of a new or used Toyota. Nashville area customers that visit us pre-qualified for car loans save both money and time. They do not waste as much time negotiating or reviewing the vast number of cars in our inventory. The customers who visits Toyota of Cool Springs from as far away as Franklin and Cookeville save money on interest costs and research materials.

Our Customers Avoid Frustration and Embarrassment

Walking into a car dealership without pre-qualified loan financing sets you up for embarrassment and frustration. Toyota of Cool Springs ensures our customers with less than stellar credit receive the best possible auto loan packages. We pre-qualify many of our car loans for customers who possess weak or no credit histories. Why visit an auto dealership that takes the fun out of car buying process by making you visit the showroom to see if you qualify for a car loan? Pre-qualifying for a car loan at Toyota of Cool Springs is akin to walking in as a cash buyer.

The Many Reasons Why Nashville Area Customers Love Toyota of Cool Springs

Besides the benefits of pre-qualifying for financing, our greater Nashville customers, including customers from Cookeville and Franklin enjoy a wide variety of budget friendly lending options. The fast and simple online car finance application process eliminates paperwork. Our customers receive a series of finance options within a few minutes. You do not have to sweat it out in our showroom or wait uncomfortably in private lender offices. Toyota of Cool Springs basks in honesty and integrity, as evident by our unique “First Mile Protection Plans” that ensure complete satisfaction.

See why pre-qualifying for a car loan is the way to go by contacting our finance department by phone or online. You can also visit our convenient to find dealership located on West McEwen Drive next to Interstate 65 in Franklin, TN.

Written By: George Girjel