At Prestige Motors, we aim to make your car-buying journey smooth and enjoyable. Our financing process is tailored to your unique needs, ensuring you drive away with confidence.
Personal Information: We’ll collect essential details such as your name, address, and employment status.
Financial Information: To assess eligibility, we’ll gather information about your income and credit history.
Rest assured, all information is handled with the utmost confidentiality and used solely to secure the best financing options for you.
Credit Check: We review your credit score and history to determine suitable loan terms.
Impact on Terms: Your credit status influences interest rates and loan approvals. However, we consider various factors beyond just your credit score, such as the type of vehicle and down payment, to provide flexible financing solutions.
Our goal is to find terms that align with your financial situation, regardless of your credit background.
Term Length: We offer various loan durations, allowing you to choose a repayment period that fits your budget.
Interest Rates: Our partnerships with multiple banks and credit unions enable us to secure competitive rates, tailored to your financial profile.
We can secure multiple approvals, giving you flexibility and confidence in your decision.
Amount Required: A down payment reduces the loan amount, leading to lower monthly payments.
Benefits: A higher down payment can decrease the total interest paid over time. We can also approve with zero down for qualified prime clients.
We’ll guide you on recommended down payment amounts to optimize your financing plan.
Calculation: Monthly payments are determined by factors like loan amount, interest rate, and term length.
Affordability: We help structure payments that fit within your budget while optimizing your financing plan.
Paying off your loan faster means paying less interest over time. Letʼs find the best option for you.
Use online calculator to estimate your monthly payments based on different scenarios.
Finalizing the Loan: Once approved, we’ll guide you through signing contracts and any required documentation.
Efficiency: We offer e-signing for convenience and take care of registration & plates in-house—no extra trips needed.
Our team handles the paperwork seamlessly, so you can focus on getting behind the wheel.
Convenience: Our streamlined process, managed entirely in-house, saves you time and effort.
Special Programs: We offer exclusive financing offers and partnerships that may benefit you, including programs for first-time buyers and those looking to rebuild their credit.
Discover the advantages of financing directly with us, from personalized service to potential dealership incentives.
Insurance: We’ll assist you in verifying your insurance coverage or guide you in shopping for new insurance if needed.
Registration: After confirming insurance, we handle the registration process, ensuring your vehicle is road-ready without delays.
Our comprehensive services ensure all aspects of your purchase are covered, providing a hassle-free experience.
Inspection: Every vehicle undergoes a thorough inspection to meet our high quality standards and must pass the Massachusetts State Inspection guarantee.
Preparation: We ensure your vehicle is professionally cleaned and ready for immediate enjoyment.
Our attention to detail ensures you receive a well-prepared vehicle that meets all state inspection requirements.
At Prestige Motors of Malden, we believe in transparency and personalized service. Our finance team is dedicated to finding the best solutions for your unique needs, making your car-buying journey enjoyable and stress-free. For more information or to start your financing application contact us or visit our online application portal.