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I would like to finance a vehicle but I want it only in my name! What steps do I need to take?

Answers from the Automotive Experts

Jenny Trostel, Partner at Anderson of Hunt Valley Have you decide whether you are buying a new or used car? Do you know what your credit score is? Have you checked with your insurance company to find out about the cost of insurance for the car? Start with answering these questions and then decide what you can afford each month and how much you are planning to pay as a down payment. Begin researching the cost of the car that you want and that will help you decide whether you can afford to buy the car you want. take your time to buy a car and you will get a good deal. Good Luck!

Lisa Schomp, Owner/CEO  at Ralph Schomp Automotive Dear Courtney, Each state has different requirements, so your first step would be to inquire with the lending institution of your choice about the following

Shelly LoCascio, Dealer Principal  at Irwin Lincoln Mercury Mazda Courtney, A reputable Nissan dealer will be able to help you get financing for your Nissan. If this is the first time you are establishing your credit, it may be a little bit more challenging and you may have to pick out a less expensive vehicle. Most manufacturers have college grad or first time buyers programs that you might qualify for.

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