Car Paperwork.pngWhen it comes to Subaru financing, you don’t have to work alone. At Herb Gordon Subaru, we’re here to help drivers at every stage of the vehicle ownership process, and that includes matching you with the right financing tools and opportunities to fit your needs. Learn everything you need to know about vehicle financing right here at our dealership.

Check Your Credit Score

Your credit score is one of the most important factors to consider when it comes to the vehicle financing process. It tells lenders how reliable you are to lend money to, which is why drivers with higher credit scores tend to have more favorable terms, and why it may be worth it to raise your credit score before financing a vehicle. It’s always a good idea to check your credit early on, so you know what kind of vehicles are available to you.

Use the 20/4/10 Rule

If you’re not sure how much money to put down as a down payment, don’t worry. The 20/4/10 rule is a guideline that will help you set a budget. It recommends that you put down 20% of the vehicle value as the down payment, pay the car off in four years, and spend no more than 10% of your monthly income on transportation costs, including gas, insurance, and monthly payments.

Use Herb Gordon Subaru Financing Tools

At Herb Gordon Subaru, we’re proud to offer the tools and resources that will help you finance the next great model:

  • Online finance application
  • Payment calculator
  • Edmunds True Market Value® vehicle trade-in value estimator
  • Manufacturer incentives

Begin Subaru Financing in Silver Spring, MD

You deserve support at every stage of the vehicle financing process, and you’ll find it at Herb Gordon Subaru. We’re the Subaru family you can rely on for tools, answers, and guidance — and the next great car. Apply for financing at Herb Gordon Subaru today.

Categories: Finance