Are You Familiar With Military Auto Loans In Brandon?

December 1, 2017

military auto loans in Brandon

When it comes to shopping for a used car, you always want to do what you can to get the right deal on the right vehicle. If you are a member of the military, past or present, you could qualify for a loan that will save you a good amount of money. It is all about looking for the best military auto loans in Brandon so that you can drive away happy.

What Is A Military Auto Loan?

These loans are made for people who are either actively serving members of the military or those who have retired or been honorably discharged. The auto loans have low rates with perks that may include no prepayment penalties or 100% financing. Such loans are nice for getting a car loan if you may not meet the requirements set forth with traditional lending avenues and they are a nice way of thanking you for all of the dedication that you put into serving your county.

The lenders that work with military personnel understand that the path for acquiring traditional loans will usually require good credit. However, there are some members of the military that often move and have not had the chance to build up a solid credit history due to deployment, etc. These loans are just the thing to help our military get the financing that they deserve so that they can select the vehicle that meets their driving personality and buying requirements.

How Do I Qualify?

In order to qualify for a military auto loan, you will have to present proof of being active, retired, or honorably discharged military. Just as a normal loan, you will need to submit to a credit check. Regardless of your credit history, it is usually much easier to get the loan that you need when you go on a military auto loan.

Some of the advantages that come with applying for a military auto loan includes:

  • Lower annual percentage rates
  • Less strict underwriting criteria
  • Unsecured and secured options
  • Process moves a lot quicker
  • US domicile is not always required
  • Application may easily be completed online

If you fall into the category of active, retired or honorably discharged military, talking with your local auto dealer will help you to get the process started.

Working with Drive Away Enterprises will allow you to choose from a vast selection of quality pre-owned cars, trucks, minivans, and SUVs to meet any driving needs. If you would like to check out our inventory before you stop by our dealership, you can look at our website to browse for the vehicle you may want and the right price to meet your budget.

No matter what your needs may be in terms of buying a used car, our finance team will be happy to go over all of your options in terms of military auto loans. We will always work hard to get you the best deal on a vehicle that you love.

You deserve the best when it comes to military auto loans in Brandon. Call (813)671-1986 today to talk with us at Drive Away Enterprises about your options!