Tips for Financing a New Car

Tips for Financing a New Car


There’s nothing quite like hitting the streets of Grapevine, Fort Worth, and Dallas, Texas, from inside a new car. That’s why Sam Pack’s Five Star Subaru makes it easy to find and finance the Subaru of your dreams.

Financing a new car is a big decision. To help put you in the driver's seat, check out our tried-and-true tips for financing a new car. If you have any questions, please don’t hesitate to contact us with your questions.


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Tip #1: Know Your Credit Score

To finance a new car means applying for an auto loan. That requires checking your credit. In simple terms - your credit score is a tool used by lenders to determine how much car you can reasonably afford. The higher your score, the more likely you are to receive a favorable interest rate.

If you find yourself in the process of building your credit score, there are plenty of ways to help secure a payment plan. Consider increasing your down payment amount or extending the length of your loan.

Tip #2: Get Pre-Approved

As the adage goes, “knowledge is power.” What could be truer than knowing your buying power before stepping into a dealer’s showroom? Locking in pre-approved credit not only takes the guesswork out of the buying process but also helps shorten the time between picking out your new car and driving it home.

If you’re thinking about financing a new car, we encourage you to complete a finance application. Within minutes, a member of our team will be in touch to go over a few options and answer any questions you might have.

Tip #3: Make a Trade

If you’re like most Texas drivers, you’re probably looking to upgrade your old ride for a shiny new one. One practical way to cut down your monthly payments is to roll the value of your current car or SUV into your next Subaru.

If you currently drive a Subaru, consider taking advantage of the Subaru Trade Up Advantage® Program. You also can receive a True Cash Offer™ by using our handy tool.

Tip #4: Know Before You Go

The average driver keeps their vehicle for about five to seven years. That’s a financial commitment you should feel happy to make. One way to guarantee you make the right choice is to do your homework before heading to the dealership.

Is it your dream to own a convertible? To drive with the wind in your hair as your power down the highway? It sounds amazing. Now, imagine trying to fit a baby stroller inside that sport coupe. Not very practical, is it?

A simple trick to finding your perfect new ride involves sitting down with a pen and paper and answering the following questions:

  • What’s my current parking situation?
  • Do I need to travel for work often?
  • What will my family’s needs be in five years?
  • What do I value more: efficiency or power?
  • Does the local weather require 4WD?
Discover More Tips for Financing a New Car

Of course, the best way to finance a new car is to speak directly with our friendly finance team. If you live near Grapevine, Fort Worth, or Dallas, TX, pay a visit to Sam Pack’s Five Star Subaru or contact us online today!