Auto Financing with Porsche Bethesda

Ready to drive a luxurious, fast, sleek Porsche? Welcome to Bethesda Porsche, where making dreams come true is what we do best. We invite you to browse our massive inventory of quality new and used Porsche automobiles and choose your favorite. We work with a variety of lenders in the area who are willing to work with customers who have a variety of credit types. If you’ve had some credit problems in the past, do not automatically assume that financing is out of the question. Reach out and speak to our agents to learn if we can help put you inside of an impressive Porsche automobile. You might be surprised to learn what we can do for your financing needs.

Is Financing Your Car a Good Idea?

Financing a car can be an effective way to manage the cost of a vehicle while helping a person to build his or her credit at the same time. Instead of paying $10,000 or more upfront to purchase the car, you can make payments of between $200 and $300 over the course of several months or years. By making payments over time, you can get the vehicle that you need today without jeopardizing your overall financial situation. It is important to note that with each payment that you make, you build equity in the vehicle. If you decide that you no longer want the car or truck that you currently own, it is possible to sell or trade it to cash in that equity.

Is There a Minimum Credit Score to Finance a Car?

There is no minimum credit score needed to finance a vehicle. However, your credit score will likely determine the type of loan that you receive. It may also determine whether or not a cosigner or other guarantees are needed to obtain the loan. Finally, those who have a credit score of over 640 may be able to finance a vehicle without a down payment or at a very competitive interest rate. The good news is that we work with everyone to help them obtain financing for their next vehicle. Therefore, you shouldn't feel as if your low score or lack of credit history automatically disqualifies you from getting approved for a car loan with reasonable terms. We’d love to help you drive off the lot in a great Porsche!