How the Car Financing Process Works

Shopping for a new car is always exciting — until you realize you have to figure out a way to pay for it. At Central City Toyota, our financing process makes getting behind the wheel easy and worry-free. Learn about how our financing process works and how we help customers just like you drive away in a new set of wheels. 

The Financing Process Explained

Financing a new or used car at Central City Toyota essentially involves just two easy steps.

Get prequalified

Begin the financing process by filling out some basic information online in order to get pre-approved for a loan. Just tell us what kind of car you’re interested in and a little about your employer, income and housing costs. The application process takes only a few minutes to complete. 

See your loan options

Once you’ve submitted your application, we’ll contact you with some financing options that will work with your budget. We even work with customers who have less-than-perfect credit. 

Additional Financing Tools

Below you’ll find some additional tools to help you throughout the financing process.

Monthly payment calculator

Use our online payment calculator to estimate your monthly payment based on your loan amount, down payment, term length, and interest rate. Or, you can use the same information to determine your buying power and find out how much car you can comfortably afford. 

Trade-in appraisal

If you have a car to trade in, use our online tool to calculate your Kelley Blue Book instant cash offer. It takes just 10 seconds to see the same data that we look at in determining the value of your car. We even have a vehicle exchange program that offers above market value, similar or lower monthly payments, better financing terms, and a reduced cost of ownership. 

Special offers

Before settling on a financing plan, check out our vehicle finance specials to see if you can get a great deal before our generous financing even begins. Take advantage of a special offer on a certified pre-owned vehicle, and take the fast lane toward financing your next ride. 

Visit Us Today in Philadelphia, PA

Visit us today on Chestnut Street in Philadelphia, Pennsylvania, to see the type of cars you can drive away in with the help of our financing process. You’ll even find luxury brands on our lot.

 

At Central City Toyota, your commute begins with the right kind of financing. 

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