Save up your down payment

A lot of subprime and buy here pay here customers understand that their down payment is a big part in choosing the vehicle they want to buy. In the buy here pay here business, the term "cash is king" is used frequently. When you are able to put more into your downpayment, you can reduce the term of the loan, the amount for your monthly payments, and reduce the amount that you have to finance.

It always looks good if you have saved up a substantial downpayment, when underwriting reviews the loan. So what if you need a car and you haven't had the opportunity to save up the down payment you wish you had?

With a bank, you have to have all your down payment immediately. At Mark's Auto Sales, a buy here pay here dealership, our sales associates are trained to help you, the customer, budget downpayment and monthly payments. Bring in your pay stubs and know what bills you have upcoming. We can schedule for you to bring in additional downpayment within two weeks after signing the paperwork and driving off.

Of course, always remember, if you've promised to bring in downpayment, it has to come in when it is scheduled, because the rest of the payments and the loan are dependent on that downpayment!